D.—l

TABLE 5.—MAIN HIGHWAYS ACCOU NT- continued. Income and Expenditure Account for the Year ended 31st March, 1939, and Total to Date.

11—D. 1

153

Total since j ; Total since i« i' ill - 1- t \i - |" i * I > 1/ Total for Inception of Main i rurnvtif Total for Inception of Msln txi'b . Year 1938-39. Highways Act, 1922, |j ' Year 1938-39. Highways Act, 1922. to 31/3/39. j | to 31/3/39. £ s. d. | £ s. d. (| Loans raised under Main Highways Act, 1922 — Net expenditure on construction, renewals, maintenance, &c. (see separate 4,369,686 16 7 j24,518,649 16 11 ! Stock and Debentures issued — £ s. d. £ s. d. statement) At 3 per cent, interest .. .. .. .. .. 1,625,600 0 0 3,644,225 0 0 Administration — At 3J per cent, interest . . .. . . . .. .. 685, 305 0 0 Administration expenses (including salaries, travelling- At 3f per cent, interest .. .. .. .. .. .. 190,895 0 0 expenses, office rents, printing, stationery, postages, and £ s. d. At 4 per cent, interest .. .. .. .. .. .. 1,289,720 0 0 miscellaneous expenses) .. .. .. .. 159,031 19 6 .. 788,387 5 2 At 4J per cent, interest .. .. .. .. .. .. 542,004 10 10 Fees and travelling - expenses of members of the main Treasury bills — Highways Board other than Government members .. 1,137 2 3 .. 18,265 3 5 j At 1J per cent, interest .. .. .. .. .. 25,000 0 0 25,000 0 0 Miscellaneous expenses — At 2 per cent, interest .. .. .. .. .. 100,000 0 0 100,000 0 0 Advertising, maps, rent of halls, traffic tallies, transport At 4 per cent, interest .. .. .. .. .. 925,000 0 0 925,000 0 0 of samples, depreciation of furniture, &c. .. .. 322 14 5 .. 6,040 5 2 Securities redeemed, Loans Redemption Account .. .. .. .. 902,645 0 0 Compassionate grants to widows and relatives of Consolidated Fund —Public Debt Repayment Account .. .. .. 55,720 0 0 deceased employees .. .. .. .. .. .. 4,000 0 0 ; — Compensation under section 3, Public Works Amend- 2,675,600 0 0 8,360,514 10 10 ment Act, 1925 .. .. .. .. .. .. 1,015 1 6 Receipts under section 15, Finance Act, 1923, from Public Works Fund, Exchange on remittances .. .. .. .. 1,590 5 10 .. 7,860 0 10 General Purposes Account (at 5 per cent, interest) .. .. .. .. 1,226,000 0 0 Grant to Transport Department towards Traffic Income from — inspection .. .. .. .. .. 5,000 0 0 .. 22,906 0 5 Motor-registration licenses, fees, and fines (section 24, £ s. d. Petrological laboratory and other experimental work, Motor-vehicles Act, 1924) .. .. .. 610,846 5 7 Expenses of .. .. .. .. .. 481 10 2 .. 11,164 10 4 Less Commission on collection by Post and Telegraph Department — £ s. d. Total administration .. .. .. 167,563 12 2 859,638 6 10 Motor-registration fees and licenses 23,351 10 0 Loan charges — Fees for registration of change of Charges and expenses of raising loans, management charges ownership .. .. .. 12,324 6 0 of Consolidated Stock on account of Construction Fund, 35,675 16 0 &c. .. .. .. .. .. .. 664 3 7 .. 69,635 7 4 575,170 9 7 5,377,534 5 0 Interest on amount appropriated out of Public Works Fund Interest from investments.. .. .. .. .. .. 54 15 10 216,507 0 0 and paid into Main Highways Account Construction Interest from local authorities on plant purchased on their behalf .. 2,764 5 1 27,166 6 11 Fund .. .. .. .. .. .. 61,300 0 0 551,700 0 0 Interest on advances to local authorities .. .. .. .. 3,603 13 2 33,672 6 9 Interest on loans, recoupment to Consolidated Fund Mileage Tax (Finance Act, 1931-32 (No. 2), section 19) .. .. 7,474 8 0 20,959 4 9 (section 4, Finance Act, 1919) .. .. .. 200,952 4 3 .. 1,312,252 9 0 Miscellaneous receipts .. .. .. .. .. .. 972 18 8 3,236 6 10 Transfer to reserve for redemption of main highway • Motor-spirits tax (section 9, Motor-spirits Taxation Act, 1927) .. 2,083,277 11 8 13,617,985 14 3 securities .. .. .. 150,601 0 0 843,795 0 0* Tire-duty (sections 13 and 14, Main Highways Act, 1922) .. .. 149,016 9 9 2,367,679 1 1 Payment to local authorities in commutation of toll-gate Transfer from Consolidated Fund (section 14, Main Highways Act, 1922) j .. 210,000 0 0 charges (Finance Act, 1925, section 20) .. .. 1,488 0 11 .. 28,692 6 8 Rent of and tolls from ferries .. .. .. .. .. .. 2,081 10 6 Payment to Wellington City Council in commutation of fees chargeable in respect of motor-vehicles using Hutt Road (Finance Act, 1927 (No. 2), section 33) .. 24,535 12 2 .. 255,121 19 7 Total loan charges .. .. .. 439,541 0 11 3,061,197 2 7 Subsidies, &c., in respect of other than main highways — Municipal Corporations (Municipal Corporations Act, 1933, section 71) .. .. .. .. .. 33,328 12 11 .. 243,809 19 2 County Councils and other local authorities (Finance Act, 1930, section 37) .. .. .. .. 175,764 8 11 .. 1,482,406 7 9 Subsidies to County Councils for rebate to ratepayers (Finance Act (No. 4), 1931, section 45) .. .. .. .. 253,892 12 1 Subsidy on rates levied on farming land (Finance Act (No. 3), 1934, section 28) .. .. .. .. Cr. 81 8 0 .. 364,502 11 9 Maintenance and construction of roads giving access to outlying areas (Finance Act (No. 3), 1931) .. .. .. .. 45,918 8 8 Total subsidies .. .. .. 209,011 13 10 2,390,529 19 5 Balance, being excess of income over expenditure, carried to general balance-sheet .. .. .. .. .. .. .. 312,131 8 3 633,321 1 2 5,497,934 11 9 31.463,336 6 11 5,497,934 11 9 31,463,336 6 11 ■ — * Excludes £60,408 10s. 7d. interest credited. Note. —No charge for the cost of exchange on interest payments made in London is included in the accounts.