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RANGITAIKI LAND DRAINAGE SCHEME. Rate Account as at 31st March, 1936. Capital. Maintenance. Capital. Maintenance. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d. Interest on— Balance as at Ist April, 1935 .. 3/682 7 5 3,842.1 0 Capital cost .. .. 13,524 19 4 Rates levied .. .. .. 4,760 12 9 4,228 0 2 Less capitalized .. .. 9,024 19 4 4,500 0 0 Cost of maintenance .. .. 3,604 5 9 Remissions .. . . 60 13 8 41 18 0 Balance as at 31st March, 1936 3,882 6 6 4,423 17 5 £8,443 0 2 £8,070 1 2 £8,443 0 2 £8,070 1 2 Revenue Account for Year ended 31st March, 1936. Dr. £ s. d. Gr. £ s . d. Interest on Public Works Fund capital .. 20,792 9 2 Accrued rent .. .. .. .. 127 8 0 Thirds .. .. .. .. .. 1 16 9 Forfeited rate receipts .. .. .. 581 7 2 Sundries .. .. .. .. .. 200 Capitalized interest (section 12, Finance Act, 1927 (No. 2)) .. .. .. .. 9,024 19 4 Interest recoverable by rates . . .. .. 4,500 0 0 Balance, transferred to Drainage Works Account .. 6,554 17 11 £20,792 9 2 £20,792 9 2 Balance-sheet as at 31st March, 1936. Liabilities. £ s. d. Assets. Public Works Fund .. .. .. .. 489,183 12 7 Drainage works — £ s. d. £ s. dTreasury Adjustment Account .. .. 242,381 6 9 Recoverable— Unpaid purchase money for land taken .. 210 1 1 Capital expenditure .. 205,000 0 0 Sundry creditors— £ s. d. Capitalized interest: Section Departmental .. .. 8 15 3 12, Finance Act, 1927 (No. 2) 74,524 6 10 Miscellaneous .. .. 464 9 11 473 5 2 279,524 6 10 Rate accounts — Not recoverable — Capital .. .. .. 3,882 6 6 Capital expenditure and capiMaintenance.. .. .. 4,423 17 5 talized interest .. .. 415,746 14 0 8,306 3 U 695,271 0 10 Suspense Account .. .. .. 3 12 0 Plant and machinery .. .. .. 8,264 8 J Writings off in Suspense .. .. 551 4 7 Buildings .. .. .. .. .. 's9O 12 0 Payments in advance— Loose tools .. . . . . .. 307 7 6 Rates .. .. .. 0 10 0 Sundry goods .. .. .. . . 304 19 1 Miscellaneous .. .. 0 4 0 Cash in transit .. .. .. . . 84 12 4 0 14 0 Sundry debtors — £ s. d. Rates capital . . .. 20,239 0 1 Rates maintenance .. . . 14,650 16 6 Law-costs .. .. . . 452 12 9 Rents .. .. .. 16 12 0 Miscellaneous' . . .. 76 3 10 Departmental .. .. 0 10 6 35,435 15 8 Losses in Suspense .. .. .. .. 551 4 7 £741,110 0 1 £741,110 0 1 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant. I hereby certify that the Rate and Revenue Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

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