8.—2.

General Statement of Receipts and Expenditure for the Year ending 31st December, 1908 — continued.

J. H. W. Wahdeop, Secretary and Treasurer. Examined and found correct. — J. K. Waeburton, Controller and Auditor-General.

HAWKE'S BAY. Sir, — Office of the School Commissioners, Napier, 24th March, 1909. I have the honour to forward herewith a copy of the statement of accounts for the year ending 31st December, 1908, and to report as follows : — During the year the sum of £4,000 was paid over for primary education, and the sum oi £885 for secondary education. One auction sale was held during the year, when three rural sections were offered, and realised an aggregate annual rental of £95 165., the previous rentals obtained for these reserves being £60 19s. 6d. The present members of the Board are Messrs. H. Trent (Chairman), H. A. Cornford, G. Wright, S. McLernon, and C. M. Whittington. • I have, &c, The Hon. the Minister of Education, Wellington. Henry Trent, Chairman.

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Primary. Secondary. Total. Deposit Account. Receipts. £ 10 s. 0 d. 0 £ s. 10 0 d. 0 Balance on 31st December, 1907 ... Total receipts ... 10 0 0 10 0 0 Expenditure. 5 5 0 0 0 0 5 0 5 0 0 0 Deposit refunded Balance on 31st December, 1908 ... Total expenditure 10 0 0 10 0 0 Assets. £ s. d. £ s. d. £ s. d Cash in bank ... ... ... £2,517 13 2l Cash in hand ... ... ... 334) Fixed deposit with Wellington Trust, Loan, and In*vestment Company (Limited) Value of improvements on Section 151, Rangitumau (loan) Arrears of rent 1,369 18 4 1,150 18 2 2,520 16 6 400 0 0 400 0 0 6,000 0 0 6,000 0 0 227 9 1 130 0 0 357 9 1 Total assets ... 1,997 7 5 7,280 18 2 9,278 5 7 Liabilities. Survey deposit Proceeds of freehold disposed of awaiting appropriation in purchase of other lands Repayment of loan under " The Education Reserves Leases Validation and Empowering Act, 1908 " £ s. d. £ s. d. 5 0 0 £ 5 486 s. d. 0 0 4 1 486'"4 1 6,000 0 0 6,000 0 0 Total liabilities 486 4 1 6,005 0 0 6,491 4 1 Summaey op Rents. Arrears at 1st January, 1908. Charge for 1908. Received Brought „ . , Written off by Arrears at during 1908 on forward from , . cm Commissioners 31st December, acoount of 1909. 1907. during 1J0B. during 1908. 1908. £ 135 8. 5 d. £ s. 2 8,751 17 d. 0 £ s. 330 11 d. 1 £ s. 281 19 d. £ s. d. 2 8,525 14 6 £ s. d. 52 10 6 £ 357 s. d. 9 1