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(iv.) Income from the secondary-school reserves controlled by the Land Boards, divided among the secondary schools in the several land districts in proportion to the number of pupils in average attend- . - ance, lower departments excluded; (v.) Government payments : (a) Statutory capitation upon free pupils under the Act; (b) subsidies on voluntary contributions for the general purposes of the school; (vi.) Government payments: (a) Capitation for manual - instruction classes; (b) subsidies on voluntary contributions for manualinstruction purposes ; (vii.) Special Government grants for buildings and apparatus ; (viii.) Tuition fees of pupils ; (ix.) Boarding fees of pupils ; (x.) Miscellaneous sources, such as interest on moneys (other than those obtained by|the sale of reserves), donations, and special endowments (for scholarships, prizes, &c), rent of premises, loans raised, &c. The revenue derived from the sources (i) to (iv) is the income derived from endowments, and the " net annual income derived from endowments " is the average for the three preceding years of this revenue, less the expenditure upon the endowments and investments and upon buildings, and less mortgage and other charges. The following is a summary of the receipts and expenditure of all secondary schools for the year 1911 :— Table X.-—Summary of the Accounts of Income and Expendituee for 1911 furnished by the Governing Bodies of Secondary Schools. Receipts. Expenditure. £ s. d. £ s. d. Credit balances on let January, 1911 .. 22,143 1 6 Debit balances on Ist January, 1911 .. 7,597 5 0 Endowment reserves sold, and mortgage Expenses of management .. .. 4,015 16 9 moneys repaid and insurance .. 1,310 410 School salaries .. .. .. 64,491 17 11 Rents, &c, of reserves .. .. 32,863 8 2 Boarding-school accounts .. .. 17,310 7 6 Interest on moneys invested .. .. 1,402 18 4 Scholarships and prizes .. .. 2,228 1 6 Reserves revenue .. .. .. 5,709 1 8 Printing, stationery, fuel, light, &c. .. 5,388 611 Government payments— Buildings, furniture, insurance, rent, and For manual instruction, capitation, rates .. .. .. .. 55,749 3 3 and subsidies .. .. ".'. 1,309 1 7 On endowments .. .. .. 6,343 14 6 For free places, capitation, and subsidy On manual instruction, exclusive of on voluntary contributions .. 46,345 18 10 buildings.. .. .. .. 1,206 13 9 Grants for buildings, sites, furniture, Interest .. .. .. .. 3,048 2 4 &c. .. .. .. 11,588 6 7 Sundries not classified .. .. 5,918 17 0 Statutory grant (Marlborough High Credit balances, 31st December, 1911 .. 27,863 17 6 School) .. .. .. 400 0 0 School fees (tuition).. .. .. 17,768 16 4 Boarding-school fees, &o. .. .. 22,456 3 3 Sundries not classified .. .. 28,839 511 Debit balances, 31st December, 1911 .. 9,025 16 11 £201,162 3 11 £201,162 3 11 The following table gives a comparison of the chief items of income and expenditure with those for 1909 and 1910 :— 1909. 1910. 1911. Income. £ £ £ Income from reserves and endowments ... 37,478 38,980 39,975 Grants from Government (exclusive of building grants)* ... ... ... ... 41,258 42,492 48,055 Building grants ... ... ... ... 4,746 11,794 11,588 Tuition fees ... ... ... ... 18,887 17,828 17,769 Expenditure. Salaries of staff ... ... ... ... 56,494 60,024 64,492 Expenses of management ... ... ... 3,637 4,334 4,016 Buildings, &c 41,911 53,554 55,749 • These include, in addition to grants for secondary eduoation properly so called, amounts paid to secondary schools as controlling authorities of technical classes: These amounts in the years 1909, 1910, and 1911 were respectively £6,521, £850, and £1,018. The receipts under " Tuition fees " are still gradually declining, owing to the steady advance of the free-place system. All other items show an increase in receipts or expenditure, as the case may be, with the exception of management and building grants.

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