B.—l [PT. IY].

LANDS AND SURVEY DEPARTMENT —continued. ROTORUA COLLEGE AND GRAMMAR SCHOOL ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1927. Receipts. Payments. £ s. d. Balance, Ist April, 1926 — £ s. d. £ s. d. Refunds of rents .. .. .. .. 31 0 0 Cash in Public Account.. .. 1,495 17 0 Sundry creditors .. .. .. .. 30 0 0 Cash in Investment Account .. 4,700 0 0 Payments under section 12 (2) (a) of the Reserves, 6,195 17 0 &c., Act, 1926 .. .. .. .. 936 0 0 Rents .. .. .. .. .. 1,066 7 9 Balance, 31st March, 1927 — £ s. d. Interest on investments .. .. .. 221 0 0 Cash in Public Account .. 2,426 12 9 Annual instalments of amount overpaid to Second- Cash in Investment Account .. 4,700 0 0 ary Education Deposit Account—Auckland Pro- 7f 126 12 9 vincial District .. .. .. .. 640 8 0 £8,123 12 9 £8,123 12 9 Revenue Account for the Year ended 31st March, 1927. £ s. d. £ s. d. Rents paid into Public Account after 18th December, Accrued rents .. .. .. 1,136 9 4 1926, due to Rotorua High School Board under Interest on investments .. .. .. 221 0 0 section 12 (2) (b) of the Reserves and other Lands Disposal Act, 1926 .. .. .. .. 284 4 11 Rents outstanding on 18th December, 1926, taken over by Rotorua High School Board .. .. 266 9 3 Balance transferred to accumulated funds .. 806 15 2 £1,357 9 4 £1,357 9 4 Balance-sheet as at 31st March, 1927. Liabilities. £ s. d. Assets. £ s. d. Accumulated funds, to be disbursed under section Overpayment to Secondary Education Deposit 12 (2) (a) of the Reserves, &c., Act, 1926, for the Account, Auckland Provincial District (being erection of a secondary school at Rotorua — repaid by annual instalments) .. 3,842 8 0 £ s. d. Interest accrued but not due on investments .. 29 17 6 Balance, Ist April, 1926 .. 10,843 18 2 Cash in Public Account, 31st March, 1927 .. 2,426 12 9 Transferred from Revenue Ac- Cash in Investment Account, 31st March, 1927 .. 4,700 0 0 count .. .. .. 806 15 2 11,650 13 4 Less payments under section 12 (2) (a) of the Reserves, &c., Act, 1926.. .. .. 936 0 0 10,714 13 4 Rents payable to Rotorua High School Board .. 284 411 £10,998 18 3 £10,998 18 3 J. B. Thomson, Under-Secretary for Lands. 10th October, 1927. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of the District Lands Office, Auckland, and correctly state the position as disclosed thereby. Gr. F. C. Campbeli., Controller and Auditor-General,

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