C—B.

6

Future Proposals. The principal works to be undertaken during the next financial year are as follows : — 1. Dredging Piako River and improvement of stop-banks. 2. Continuation of Waitakaruru Maukoro Canal. 3. Continuation of flood-prevention, drainage-works, and roading in the Awaiti District. 4. Construction of stop-banks on southern boundary of the Kerepeehi Block. 5. Construction of Whakahoro Relief Canal through the Tahuna District. 6. Metalling main road between Kaihere Wharf and north end of Puhanga Canal. General. The field and office staff has been actively engaged on the general supervision of the works, together with the necessary surveys, preparation of plans, specifications, vouchers, &c, and general office work. I desire to place on record my appreciation of the manner in which all employees have co-operated in carrying out the undertakings of the Department. I have, &c, R. G. Maomorran, Chief Drainage Engineer. The Under-Secretary for Lands, Wellington.

HAURAKI PLAINS SETTLEMENT ACCOUNT. Receipts and Payments Account for the Yeah ended 31st March, 1928. Receipts. £ s. d. j Payments. £ s. d. To cash in Public Account, Ist April, 1927 .. 12,359 210 By Drainage-works, stop-banks, clearing channels, Debentures issued .. .. .. 40,000 0 0 and other expenditure incidental to eonTemporary transfers from other accounts .. 15,000 0 0 ducting drainage operations (including metalSales of land .. .. . . .. 274 15 6 ling and formation of roads), material supRents .. .. .. .. .. 9,010 8 2 plied, &c. .. .. .. .. 26,911 13 I Interest on. sales of land .. .. .. 55 7 II Machinery and plant .. .. .. 214 Iti (i Interest on investments .. .. .. 209 3 9 Loose tools .. .. .. .. 312 0 Artesian-well boring— £ s. d. Material and stores .. .. .. 3,075 15 2 Repayment of advances .. 49 5 6 Fuel .. .. .. .. .. 4,784 17 10 Interest .. .. .. 45 5 0 Maintenance of completed works .. .. 7,476 Hi 7 94 10 6 Management and engineering expenses .. 2,802 4 4 Rates .. .. .. .. .. 7,348 2 5 Refunds of rents .. .. .. .. 52 fi 5 Tram-freights .. .. .. .. 605 7 9 Refunds of rates .. .. .. . . 291 4 2 La,w-costs .. .. .. .. 30 9 1 Cost of acquisition of land and compensation Miscellaneous services .. .. .. 3,696 11 4 for works on private lands .. .. 359 10 0 Proceeds from sale and transfer of plant to Recoupment of rates to Consolidated Fund .. 13 2 11 other works .. .. .. .. 285 8 4 Interest recouped to Consolidated Eund .. 8,000 0 0 Interest paid on temporary transfers from other accounts .. .. .. .. 587 19 0 Temporary transfers from other accounts repaid 25,000 0 0 Cash in Public Account, 31st March, 1928 .. 10,395 9 4 £88,969 7 7 £88,969 7 7 Revenue Account foe the Year ended 31st March, 1928. Dr. £ s. d. Cr. £ s. d. To Interest on debentures issued under Hauraki By Accrued rents .. .. .. .. 11,564 011 Plains Settlement Act, 1926 .. .. 30,181 12 8 Rates .. .. '.. .. .. 8,165 4 1 Interest on expenditure from Public Works Interest on investments .. .. .. 209 3 9 Fund .. .. .. .. .. 202 16 0 Interest on sales of land .. .. .. 276 16 7 Maintenance on completed works .. .. 6,303 12 9 Interest allowed on sinking-fund contributions 312 15 7 Rebate of rent .. .. .. .. 588 14 9 Miscellaneous .. .. .. .. 589 311 Rebate of rates .. .. .. .. 90 0 5 Net loss carried down .. .. .. 18,724 12 1 Remissions of rent .. .. .. 1,261 6 0 Irrecoverable rents, &o. .. .. .. 120 10 1 Irrecoverable rates , .. .. .. 1,093 4 3 £39,841 16 11 £39,841 16 11 £ s. d. £ s . d. To Net loss brought down .. .. .. 18,724 12 1 By Interest allowed on Sinking Eund contribuBalance from previous year .. ... 47,268 11 3 tions to 31st March, 1927 .. .. 1,968 11 9 Adjustment on account of previous year .. 82 19. 6 Balance.. .. .. .. .. 64,107 11 1 £66,076 2 10 £66,076 2 10