7

E.—s

The amount of capitation, earnings shows an average rate of £2-9 per student, the same as for the previous year. The following table shows the receipts from all sources, and the expenditure for 1917 in. respect of classes conducted by .Education Boards or by High School Boards, and by Technical School Boards or Managers (including in each case technical, high schools) : — Receipt,^ Classes conducted by Education or Technical School High .School Boards or Boards. Managers. £ £ Capitation .. .. .. .. .. .. 32,931 39,517 Class fees .. .. .. .. .. .. 3,496 5,153 Voluntary contributions and subsidies thereon .. .. 2,081 3,910 Grants for buildings, &c. .. .. .. .. 3,034 2,049 Sundry receipts .. .. .. .. .. 4,404 6,276 Totals for 1917 .. .. .. .. 45,946 57,205 Totals for 1916 .. .. .. ..£40,375 £47,560 ExrENDTTUEfi. £ £ Staff salaries .. .. .. .. ..24,385 31,708 Working-expenses ... .. .. .. .. 9,595 12,350 Buildings, &c. .. .. .. -.. ..5,718 5,186 Other expenditure .. .. .. .. .. 116 2,759 Totals for 1917 .. .. .. .. 39,814 52,003 Totals for 1916 .. .. .. ..£38,381 £46,374 Working-expenses represented 22-36 of the total receipts, exclusive of grants for buildings, rents, and equipment, in the case of classes conducted by Education Boards or High School Boards, and 22-39 per cent, in the case of classes conducted by Technical School Boards or Managers. The total receipts from all sources exceeded the total expenditure by £11,334, as compared with £3,180 for the previous year. The increase in this amount is largely due to an extension of the system of progress capitation payments, by which provision was made early in 1917 for the payment in regular monthly instalments within the school-year of an amount approximating to the total capitation earn ngs for the year. The statements of receipts for 1917 by controlling authorities show accordingly a much larger increase in capitation, receipts than previously, while the monetary assets of controlling authorities on the 31st December show a corresponding decrease. Payments by the Government by way of capitation, grants for buildings, rents, equipment, and material, and subsidies on voluntary contributions represented 80 per cent, of the total receipts for the year. The following is a statement of monetary assets and liabilities, as at the 31st December, 1917, of Education Boards as controlling authorities of technical classes and of Technical School Boards and Managers : —

Monetary Assets. Bank balances Other assets. . Education Boards. £ s. d. 10,471 12 3 6,829 3 8 rccnnu-ai minooi noarus rrt . . i »i Totals and Managers. and managers. £ s. d. £ s. d. 11,560 9 0 22,032 1 3 12,111 6 2 18,940 9 10 Technical School Boards and Managers. £ s. d. 11,560 9 0 12,111 6 2 Totals £ s. d. 22,032 1 3 18,940 9 10 Total assets .. 17,300 15 11 1.7,300 15 11 23,671 15 2 40,972 11 1 23,671 15 2 40,972 11 1 Liabilities. Overdrafts Other Liabilities .. ; 11,364 15 9 5,013 18 5 2,807 4 0 14,172 0 3 6,896 7 11 12,510 0 4 __! . I Total liabilities . 10,978 14 2 9,703 12 5 20,082 0 7