E.—l

90

Balance-sheet of the Education Fund of the Taeanaki School Commissioners for the Year ended 31st December, 1888. General Account. Receipts. £ s. d. Expenditure. £ a. d. To Balance on 31st December, 1887 — By Primary education— Cr. Land Fund .. 586 10 2 Salaries .. .. .. .. 52 6 11 Dr. „ 1 19 4 Printing .. .. .. .. 11 9 2 584 10 10 Auctioneer's commission .. .. 9 6 10 Primary education— Advertising .. .. .. 15 0 3 Rents of reserves .. .. .. 669 10 3 Surveying .. .. .. 19 15 0 Transferred from Deposit Account .. 95 11 7 Legal expenses .. .. .. 17 14 2 Lease-fees .. .. .. 16 10 0 Rates .. .. .. 108 17 4 Valuation-fees .. .. .. 11 15 6 Stamp duties and sundries .. .. 19 18 7 Transfer-fees .. .. .. 2 0 0 Wanganui Education Board .. 224 16 8 Sale of posts .. .. .. 3 0 0 Taranaki Education Board .. 323 3 7 Interest on fixed deposit .. .. 816 0 Secondary education — Secondary education— Salaries .. .. .. .. 17 8 11 Rent of reserves .. .. .. 107 611 Printing .. .. .. .. 2 6 6 Transferred from Deposit Account .. 7 7 0 Auctioneer's commission .. .. 19 1 Interest on fixed deposit .. .. 7 8 0 Legal expenses .. .. .. 619 4 Rates .. .. .. .. 8 14 1 Labour .. .. .. .. 015 0 New Plymouth High School .. 103 4 6 Balance, 31st December, 1888 .. 570 10 2 £1,513 16 1 £1,513 16 1 Deposit Account. £ a. d. £ s. d. Balance, 31st December, 1887 .. .. 82 2 7 Transferred to primary education .. .. 95 11 7 Receipts .. .. .. .. 20 16 1 „ secondary „ .. 7 7 0 £102 18 8 £102 18 8 Statement of Balances on 31st December, 1888. Account. £ a. d. Bank. £ s. d. Cr. General Account .. .. .. 570 10 2 Cr. Current Account .. ..£5708 „ Deposit Account .. .. .. 0 0 1 „ Fixed deposit .. .. 323 18 0 Savings-bank 246 12 2 „ Deposit Account .. .. 0 0 1 627 10 11 Dr. Outstanding cheques .. .. 57 0 8 £570 10 3 £570 10 3 Statement of Assets and Liabilities, 31st December, 1888. Assets. £ s. d. Liabilities. £ s. d. To Cash balance—General Account .. 57 0 8 By Outstanding cheques .. .. .. 57 0 8 Cash—Land Fund .. .. .. 570 10 2 Land Fund .. ' .. .. .. 586 10 2 Arrears of rent .. .. .. 1,191 411 Balance of assets .. .. .. 1,175 411 £1,818 15 9 £1,818 15 9 T. King, Chairman. E. Veale, Secretary. Examined and found correct. —James Edwaed FitzGeeald, Controller and Auditor-General. WELLINGTON. Sic, — 16, Queen's Chambers, Wellington, 14th February, 1889. On behalf of the School Commissioners for the Wellington Brovincial District I have the honour to present, for the information of His Excellency the Governor and the Government, the tenth annual report of the Commissioners on their administration of education reserves in this district. The Commissioners have found during the past year that a great reaction has set in in respect of land-settlement in the Wellington Brovincial District, numerous inquiries having been made from all parts of this and from other neighbouring districts (including the southern portion of the colony) for information respecting the lands vested in the Commissioners. These inquiries took a definite and more practical shape at the recent auction sales of leases held by the Commissioners throughout the district, when many reserves which had failed to attract buyers at previous auctions were quitted at fairly good rentals, whilst several which have more recently become vested in the Commissioners found buyers at equally remunerative prices. In the early part of the past year the Commissioners held their second sale under " The Bublic Bodies' Leaseholds Act, 1886," when they sold nine sections, representing an area of 982 acres, at an average rental of Is. sd. per acre, producing £69 17s. Bd.; and three town sections, to the value of £9; or a sum total of £78 17s. Bd. per annum.