5

8.—12

£ s. d. £ s. d. Money borrowed to make advances to local bodies ... ... ... 93,000 0 0 Money borrowed for transfer to Fublic Works Fund under section 31 of the Act ... ... ... ... ... ... ... 64,000 0 0 Money advanced to local bodies ... ... ... ... 97,408 0 0 Less refunds and repayments— Eangitikei County Council—refund ... £600 0 0 Manawatu Eoad Board—refund... ... 378 15 9 Maruwhenua Block—repayment... ... 176 19 2 — 1,155 14 11 96,252 5 1 Outstanding liabilities, — Money promised to local bodies which have complied with , the provisions of the Act* ... ... ... ... 42,275 0 0 Money liable to be advanced as required when provisions of the Act are complied with ... ... ... ... 42,527 0 0 ■ 84,802 0 0 Assets, — Inscribed debt of local authoritiest ■•• ••• ••• ••• 374,126 4 9

Note. —The total amount borrowed up to the 31st March, 1892, was £482,000. The total amount repaid to Public Works Fund up to the 31st March, 1892, was £89,000. The total amount advancea to local boaies up to the 31st March, 1892, was £391,615 14s. lOd. * Including second year's grants, for which all formalities have been completed. f This amount represents the debt as inscribed on the Ist February, 1892. It excludes the inscribed stock exchanged for debentures under " The Roads and Bridges Construction Act, 1882," amounting to £89,878 Bs. 9d. separately described. (See 8.-13, 1891.) Approximate Cost of Poster.— Preparation (not given); printing (1,300 copies), £5 15s.

By Authority : Geobge Didsbuby, Government Printer, Wellington.—lB92. Price 3d.]