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The following table shows the amount of spoil dredged and costs per cubic yard for the last four years:— Cubic Cost por Yards. Cubic Yard. 1917-18 .. .. .. .. .. .. 55,538 4-57 d. 1918-19 .. .. .. .. .. ..20,780 7-67 d. * 1919-20 .. .. .. .. .. .. 44,250 9-29 d. 1920-21 .. .. .. .. .. .. 63,495 7-77 d. The officer in charge is Mr. R. G, Macmorran, Land Drainage Engineer, a capable and energetic engineer, whose work is noted for its soundness and reliability. I have, &c, J. B. Thompson, The Under-Sccretary for Lands, Wellington. Chief Drainage Engineer! Swamp Land Drainage Account. Statement of Transactions during the Year ended 31st March, 1921. Receipts. £ s. d. Payments. Cash in hand at Ist April, 1920 .. 1,722 11 7 Kaitaia Drainage District— £ s. d. £ s. d. Debentures issued under Swamp Land Drainage-works, &c. .. 17,748 5 9 Drainage Act .. .. .. 55,000 0 0 live-stock .. .. 100 0 0 Loose tools . . . . 58 9 11 Stores and fuel .. .. 2,489 7 8 Management and engineering expenses .. .. 1, IGB .'J 1 21,504 0 5 Waihi Drainage District— Drainage-works, &c. .. 1,675 3 3 Loose tools .. .. 4 6 8 Stores and fuel .. .. 797 7 4 Management and engineering expenses .. .. 485 0 0 2,961 17 3 Poukawa Drainage District — Drainage-works, &c. .. .. 91 5 0 Hikurangi Drainage District— Drainage works, &c. .. 137 7 3 Loose tools .. .. 12 6 Stores and fuel . . .. 9 5 0 Management and engineering expenses . . .. 294 8 7 , 442 3 4 Machinery and plant .. .. 2,605 18 8 Cash in hand at 31st March, 1921 .. .. .. .. 29,057 010 £56,722 11 7 £56,722 11 7 Balance-sheet. Liabilities. £ s. d. Assets. Debentures issued under the Act .. 128,000 0 0 Kaitaia Drainage District— £ B. d. £ s. d. Public Works Fund—Land Improvement Drainage-works.. .. 74,623 6 4 Vote .. .. .. .. 4,563 19 7 Interest Account (proporConsolidated Fund —lnterest paid .. 6,576 19 11 portion chargeable to disinterest accrued but unpaid .. .. 2,074 8 0 trict) .. .. 6,532 4 1 81,155 10 5 Waihi Drainage District — Drainage-works.. .. 16,610 18 5 Interest Account (proportion chargeable to district) .. .. 1,701 14 0 —18,312 12 5 Poukawa Drainage District— Drainage-works.. .. 2,147 15 8 Interest Account (proportion chargeable to district) .. .. 324 18 8 2,472 14 4 Hikurangi Drainage District — Drainage-works.. .. 1,275 12 8 Interest Account (proportion chargeable to district) .. .. 93 5 2 1,368 17 10 Plant and machinery .. .. 7,289 5 6 Sundry debtors .. .. .. 687 16 0 Loose tools .. .. .. 231 9 7 Buildings .. .. .. 280 0 0 Stores on hand .. .. .. 260 0 0 Live-stock .. .. .. 100 0 0 Cash in hand .. .. .. 29,057 0 11 £141,215 7 6 £141,215 7 6 J. H. O'Donnell, Chief Accountant.

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