D.—l

FINANCE. The payments and receipts for the year 1934-35, and accumulated totals, in connection with the Public Works Fund and other associated votes and accounts are shown in the tabulation below. The gross expenditure amounted to £5,563,883, of which £932,136 was expended by other Government Departments; the recoveries in reduction of expenditure amounted to £1,106,882, of which £219,407 was recovered by other Departments; the net expenditure totalled £4,457,001, of which £712,729 was expended by other Departments. In addition the Department collected £977,009 from sales of electricity and from other forms of revenue.

V

Expenditure, 1934-35. Total Net Class of Work. - — — Bxpenditure t 0 31st March, Gross. Recoveries. Net. 1935. Expenditure, Public Works Fund. Railways— £ £ £ £ New construction .. .. .. .. .. 7,675 37,048 Cr. 29,373 38,840,036 Improvements and additions to open lines .. .. .. 184,615 29,642 154,973 17,618,985 Roads .. .. .. .. .. .. .. 524,332 152,759 371,573 22,542,180* Public buildings .. .. .. .. .. .. 307,367 20,399 286,968 11,722,278f Liglitliouses, harbour-works, and harbour defences .. .. 8,015 1,413 6,602 1,319,127 Tourist and health resorts .. .. .. .. .. 13,410 530 12,880 703,473 Telegraph extension .. .. .. .. .. 187,932 51,999 135,933 11,560,538 Departmental .. .. .. .. .. .. 216,568 140,082 76,486 3,020,723 Irrigation, water-supply, and drainage .. .. .. 117,555 26,314 91,241 1,217,765 Lands-improvement .. .. .. .. .. 148,433 66,341 82,092 891,133 Swamp land drainage .. .. .. .. .. 25,255 10,236 15,019 43,258 Settlement of unemployed workers .. .. .. .. 251,441 29,132 222,309 513,140 Native-land settlement .. .. .. .. .. 230,273 104,605 125,668 295,561 Plant, material, and services .. .. .. .. 203,533 214,046 Cr. 10,513 118,967$ Cost and discount, raising loans, &c. .. .. .. 600 .. 600 3,828,307 Unauthorized .. .. .. .. .. 30,395 30,273 122 Closed accounts (for more detail see Table 1) .. .. .. .. .. 7,996,549 Totals, General Purposes Account .. .. .. 2,457,399 914,819 1,542,580 122,232,020§ Electric Supply Account (previously Aid to Water-power Works Account) — Construction (expenditure as per accounts in Table 5) .. 382,963 .. 382,963 12,919,154 Working-expenses (expenditure as per accounts in Table 5) .. 156,010 .. 156,010 Waihou and Ohinemuri Rivers Improvement Account .. .. .. .. 709,740|| Totals, Public Works Fund .. .. .. .. 2,996,372 914,819 2,081,553 135,860,914 Expenditure, other Votes and Accounts. Main Highways Account — Revenue Fund — Annual appropriation (maintenance, interest and loan redemption) . . .. .. .. .. .. 1,247,657 88,189 1,159,468^ Permanent appropriation (rate subsidies, interest on transfer from Public Works Fund, &c.) .. .. .. 448,084 .. 448,084 Construction Fund— Annual appropriation .. .. .. .. .. 371,824 54,832 316, 5,550,471** Unauthorized .. .. .. .. .. 900 .. 900 Consolidated Fund— Maintenance, public buildings, roads, &c. .. .. .. 140,887 49,042 91,845 Closed accounts (for details see Public Works Statement, 1933).. .. .. .. 18,955,387 Unemployment Fund (expenditure by Public Works Department) : Amounts not included above .. .. .. 358,159 .. 358,159 Totals, Other votes and accounts .. .. .. 2,567,511 192,063 2,375,448 24,505,858 Grand total of expenditure, Public Works Fund and other votes and accounts for the year ended 31st March, 1935 .. .. 5,563,883 1,106,882 4,457,001 Capital expenditure to date .. .. .. .. .. .. .. [160,366,772 * Includes £4,500 expended under section 16, subsection (1), Native Land Amendment and Native Land Claims Adjustment Act, 1923. f Excludes expenditure on Workers' Dwellings totalling £319,918 now transferred to State Advances Account, t Includes £5,763 previously expended under Vote —Quarries (acquisition and operation), and Cr. £3,875 previously expended under Vote —Timber-supply and sawmills. § Does not include expenditure under Ellesmere Land Drainage Act, 1905, or £1,226,000 transferred to and included in Main Highways Construction Fund. !| Excludes interest and loan charges. -If For annual income and expenditure accounts, see Appendix E. ** As per accounts in Appendix E.