B.—l [PT. I

16

PUBLIC ACCOUNTS, 1 925-1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £s.d. £ s. d. £ s. d. 1,536,932 4 9 Brought forward .. .. .. .. .. ■ •• 1,132,500 4 4 40,794 18 10 Recoveries on account of Expenditure of previous Years .. .. ' •• 27,474 11 2 Speciai Receipts in connection with the Ellesmere and Forsyth Reclamation and 1,637 3 0 Akaroa Railway Trust Account .. .. .. .. .. •• 1,671 Public Revenues Act, 1910, Section 36, — Temporary Transfer from the Consolidated Fund (Ordinary Revenue Account .. •• 125,000 0 0 Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 17 1,000,000 0 0 of the Appropriation Act, 1924 .. .. .. .. .. .. •• •• Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 12 of the Appropriation Act, 1925 .. .. .. .. .. .. •• 500,000 0 0 New Zealand Loans Act, 1908, — Aid to Public Works and Land Settlement Act, 1922— New Zealand Consolidated Stock, 1944— 4J-per-cent. Stock issued in respect of amount required to cover charges and expenses of raising £3,000,000 (part of £4,000,000 4-per-cent. Stock Loan, 324,019 16 2 1923) 4J per-cent. Stock issued in respeot of amount required to cover Stamp Duty 831 14 4 on Transfers of New Zealand Consolidated Stock, 1944 Finance Act, 1923, Seotion 2 (Public Works) — New Zealand Consolidated Stock, 1944— 4|-per-cent. Stock issued in respect of £3,000,000 authorized (part of 3,000,000 0 0 £5,000,000 4J-per-cent. Stock Loan, 1924) 4J per-cent. Stock issued in respeot of amount required to cover charges and 214,348 19 4 expenses of raising £3,000,000.. 11 13 y Interest on overdue instalments.. 4|-per-cent. Stock issued in respect of amount required to cover Stamp Duty 8,250 16 5 1 on Transfers of New Zealand Consolidated Stock, 1944 .. Aid to Public Works and Land Settlement Act, 1921— New Zealand Consolidated Stock, 1935/1945 — 5-per-cent. Inscribed Stock issued in respeot of Amount required to cover Stamp 1 310 3 10 Duty on Transfers New Zealand Consolidated Stock, 1945— Aid to Public Works and Land Settlement Act, 1922 — Stook issued in respect of £1,000,000 authorized (part of £7,000,000 ' 4J per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 4J-per-cent. Stock issued in respect of amount required to cover Charges and Expenses of raising £1,000,000 .. .. .. .. .. 84,009 1 9 Interest on Overdue Instalments .. .. .. .. .. 664 Finance Act, 1923, Section 2 (Publio Works)— Stock issued in respect, of £1,000,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 4J-per-eent. Stock issued in respect of amount required to cover Charges and Expenses of raising ±1,000,000 .. .. .. .. .. 84,009 1 9 Interest on Overdue Instalments .. .. .. .. .. 664 Finance Act, 1924, Section 2 (Public Works) — Stook issued in resecpt of .'£1,500,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan) .. .. .. .. .. .. 1,500,000 0 0 4J-per cent. Stock issued in respect of amount required to cover Charge s and Expenses of raising £1,500,000 .. .. .. .. .. 126,013 12 6 Interest on Overdue Instalments .. .. .. .. .. 995 Finanoe Act, 1924, Section 2 (Publio Works) — Debentures issued .. .. .. .. .. .. .. 92,320 0 0 New Zealand Inscribed Stock Act, 1917 — Inscribed Stock issued .. .. .. .. .. .. .. 347,550 0 0 — - 4,233,923 18 1 3,548,773 3 10 Public Revenues Amendment Act, 1913, Section 34, — Proceeds of Treasury Bills issued in anticipation of Loan .. .. .. .. 500,000 0 0 £6,128,157 10 5 Total .. .. .. .. .. .. .. £6,520,570 110 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure an shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will bo found on page 69-