37

8.-- 2a.

Statement of the Public Debt of the Borough on 31st March, 1879. Authorized Loan of £10,000. 28 Debentures issued of the ultimate value of £25, bearing interest at the rate of £7 per centum per annum, £ s. d. repayable in ten years from date ... ... ... ... ... ... ... ... 700 0 0 Interest at £7 per centum on £700, for one year, and Sinking Eund at £10 per centum on same, provided for in tho estimate of receipts and expenditure for current year ... ... ... ... ... 119 0 0

Statement of the Eeseeves belonging to the Borough on 31st March, 1879. Allotments 2toB of Section 225. —Leased for a term of fourteen years at an annual rental of £13 2s. 6d. Conditions—to be fenced and laid down in grass. Rent in arrear —one year, £13 2s. 6d. Allotments 2, 6, 7, 8, of Section 277. —Leased for a term of fourteen years, at an annual rental of £7 ss. Conditions—to be fenced and laid down in grass. Bent in arrear— Nil. Allotments 1, 2, and 3, of Section 344.—Leased for a term of fourteen years, at an annual rental of £10 10s. Conditions —to bo fenced and laid down in grass. Bent in arrear—half-year, £5 ss. Allotment 2, of Section 257. —Leased for a term of fourteen years, at an annual rental of £6. Conditions —to be fenced. Rent in arrear —one year, £6. Allotments 5, 6, 7, 8, 9,10, of Section 257. —Leased for a term of fourteen years, at an annual rental of £25 15s. Conditions —to be fenced. Rent in arrear—half-year, £12 17s. 6(1. Section 134, and Allotment 4 of Section 257. —Not leased. Section 856. —Used for Public Pound. Feitz Jenssen, Treasurer. Palmerston North, 12th April, 1879. Geoegb M. Smelson, Mayor. Sic and Gentlemen, — Palmerston North, 30th April, 1879. I have the honor to inform you that I have, in accordance with the Act therefor provided, audited, and found correct, the yearly accounts of your Borough. There is an amount of £119 (interest and sinking fund towards £700 of debentures, due in ten years) which I cannot see any trace of being laid aside for the purpose specified. I would suggest that this amount be invested at, say, 8 per cent., or more, thus leaving a surplus of i percent., or more, after paying the 7J per cent, which you are now doing. I am, &c, The Mayor and Councillors, Palmerston North. C. H. Mitfoed, Auditor.

BOROUGH OF ROXBURGH. Balance-sheet for the Tear ending 31st March, 1879. Receipts. Expenditure. £ s. d. Licenses— £ s. d. £ s. d. \ Overdraft, 31st March, 1878 ... 15 19 3 Hotels... ... ... 100 0 0 Roadworks— £ s. d. Bottle ... ... ... 30 0 0 Scotland Street, formation, Billiard ... ... 15 0 0 gravelling, and part kerbAuctioneers' ... ... , 50 0 0 ing ... ... ... 312 3 7 Slaughterhouse ... ... 3 10 0 Jedburgh Street, formation 18 0 0 Dog ... ... ... 10 10 0 Day labour ... ... 7 0 0 209 0 0 Inspector of Works ... 2 2 0 Government subsidy on rates, Plans, levels, &c. ... ... 3 3 0 for the half-year ending 30th ■ 342 8 7 June, 1878 ... ... 22 19 4 Town RaceGovernment subsidy for half- Repairs ... ... 17 0 0 year ending 31st December, Water pipes ... ... 126 18 0 1878 ... ... ... 15 8 0 — 143 18 0 38 7 4 Culvert, Cheviot Street ... 4 10 0 Bates ... ... ... ... 123 13 9 Auditors ... ... ... 4 4 0 Proceeds of sale of Dalton's residence area 9 0 0 Valuer, attendance at AssessDeposits on contracts— ment Court ... ... 110 McConnachio ... ... 4 5 0 ■ 915 0 Waight ... ... 6 18 0 Advertising— Barnes... ... ... 2 0 0 Licensing Court (3 years)... 618 0 Staddin ... ... 4 16 0 Council notices ... ... 7 14 0 17 19 0 14 12 0 Overdraft, Bank of New Zealand ... 267 11 5 Rent ... ... ... ... 17 10 0 Refund of deposit on contracts ... 13 3 0 Timber, &c, for culvert and race ... 8 13 10 Returning Officer ... ... ... 4 4 0 Legal advice ... ... ... 270 Stationery, maps, &c. ... ... 2 19 4 Commission on dog-tax, at 5 per cent. 0 10 6 Town Clerk's salary ... ... 75 0 0 Interest ... ... .. ... 14 11 0 £665 11 6 £665 11 6 Balance due Bank of New Zealand, 31et March, 1879... ... .... ... £267 11 5 Dated this 12th day of April, 1879. Jabez Bueton, Treasurer. Thomas Coop, | . ... 29th April, 1879. James Steele, j AumtorsJames Beighton, Mayor.