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and that the deficits have decreased by £538 (from £687 to £149), making a total improvement of £7,590 on the year's transactions.

TABLE F2.—General Account: Assets and Liabilities of Boards on 31st December, 1906.

The Buildings Account contains the moneys granted for the general maintenance and upkeep (including replacement) of the school buildings as described in the preceding section of this report, and also the funds provided specially for the erection of new schools and the enlargment of existing schools when necessary to accommodate increased attendance. Table F3 is a summary of the assets and liabilities on the Buildings Account. It shows that the balances have increased by £28,421. The large increase in Auckland is mainly due to the receipt of a donation of £10,000 from the Trustees of the Auckland Savings-bank in aid of the fund for building a technical college. The Government subsidy on this donation is included in the Board's assets.

TABLE F3. —Buildings Account: Assets and Liabilities of Boards on 31st December, 1906.

The establishment of a special fund for the maintenance of school buildings was effected in 1904. On the 17th February, 1904, the following circular was issued to the Boards : — "The ordinary grants for school buildings have been distributed in accordance with column 10 of the table accompanying the report of the Education Committee of the House of Representatives, 1903. In future it is the intention of the Government to follow the recommendation of the Education Committee in regard to the distribution of the building votes, and I have further to ask that the moneys thus distributed shall be expended in strict accordance with the recommendations of the Committee, and with the appropriation of Parliament. Accordingly, the purposes for which this grant (the ' ordinary grant') is available are as follows : —

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Assel its and Deficits. Liabilities and Balances. 1905. Education Districts. Cash. Due from ' Tjoflpitn all Sources DebBlts - ! Over- Due to Other Kalances drafts. Government. Liabilities. « alances - Deficits. Balances. Auokland Taranaki Wanganui Wellington Hawke's Bay Marlborough Nelson Grey Westland North CanterburySouth Canterbury Otago Southland £ 2,879 828 202 2,680 2,283 33 £ 8,340 710 2,317 2,248 1,357 229 1,026 205 199 1,726 889 1,962 1,715 £ £ 114 243 _ 1,828 475 472 453 922 635 £ £ 1,898 7,493 148 915 1,150 897 914 3,561 538 2,180 42 220 129 148 111 101 100 1,474 ! 2,121 341 ! 1,797 798 I 4,258 1,322 ! 1,602 £ 323 364 £ 5,118 426 1,407 475 3,581 316 149 193 959 1,313 3,184 1,468 2 6,749 2,396 6,610 2,693 4,880 1,147 3,516 1,484 Totals 27,355 8,966 25,292 22,923 149 357 15,812 687 18,440

Education Districts. Assets and Defi, _, , Due from Casn - all Sources: :its. Liabilities and Balances. Deficits. d °™ B . LiabiUties. Balances - 1905. Deficits. Balances. Auokland Taranaki Wanganui .. Wellington .. Hawke's Bay Marlborough Nelson Grey Westlana North Canterbury South Canterbury Otago Scuchlana .. £ 10,550 1,250 21458 265 3,096 700 773 5,580 1,815 3,721 6,050 £ 23,303 2,639 4,145 3,449 1,962 852 4,183 362 272 10,193 2,856 5,704 1,910 £ £ £ £ 8,315 25,538 2,623 1,266 2,046 1,957 142 2,116 1,062 271 1,449 2,971 161 956 3,297 3,982 148 914 78 967 10,282 5,491 875 3,796 3,872 5,553 1,462 6,498 4,162 35,581 58,345 £ 1,647 1,310 ; £ "877 2,497 1,078 1,390 4,249 517 919 6,579 3,422 4,634 6,719 4,162 35,581 2,957 32,881 Totals 36,258 61,830