B.—l [FT. I]

PUBLIC ACCOUNTS, 1927-1928.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the

40

LAND FOR SETTLEMENTS 1926-1927. J RECEIPTS 1927-1928. £ s. d. £ a. d. £ s. d. 628,695 3 3 Brought forward .. .. .. .. .. .. 672,597 1 6 Hutt Valley Laud Settlement Act, 1925, Section 11 (2), (a), — Amount received from Hutt Valley Land Settlement Account in respect of Purchasemoneys expended for the acquisition of Land subject to the Act, or in respect of the preparation of the Land for disposal .. .. .. .. .. 95,366 11 5 Receipts on account of Farm Accounts, — Te Wera Estate .. .. .. .. .. .. .. .. 7,180 13 2 Land for Settlements Act, 1925, —■ Amounts received in respect of settlement land converted into ordinary Crown Land or National Endowment Land— 1,103 12 0 Receipts under Section 49, Subsections (2) and (3) .. .. .. 1,111 1 9 250 0 0 Receipts under Section 49, Subsection (4) .. .. .. .. 60 0 0 — 1,171 1 9 1,353 12 0 I 5,096 0 10 Interest on Investments .. .. .. .. .. .. .. .. 6,997 15 7 Public Revenues Act, 1926, Section 40, — Interest received on temporary transfers to other Accounts .. .. .. .. 410 6 0 New Zealand Loans Act, 1908, — Land for Settlements Act, 1925, Section 44— 100,000 0 0 Debentures issued £735,144 16 1 Totals .. .. .. .. .. .. •• £783,723 9 5 LAND FOR SETTLEMENTS ACCOUNT £ s. d. Balance at beginning of Year, —- £ s. d. £ s. d. 20,414 14 8 Cash in the Public Account .. .. .. .. .. .. 23,273 11 6 Imprests outstanding— 858 7 10 In the Dominion 50,000 0 0 Investment Account .. .. .. .. .. .. .. 95,000 0 0 — 118,273 11 6 71,273 2 6 Credits-in-aid,— Vote—Land for Settlement of Discharged Soldiers: Expenses .. .. .. 637 11 0 Credits in reduction of Expenditure on Estates, — 112 19 9 Acquirement of Estates .. .. .. .. .. .. .. 353 0 0 895 17 8 Expenses incidental to Estates .. .. .. .. .. .. 156 2 5 509 2 5 1,008 17 5 Receipts derived from Estates, — 70,899 5 0 Rents.. .. .. .. .. .. .. .. .. 72,829 17 3 3,567 10 3 Sales .. .. .. .. .. .. .. .. .. 1,078 16 4 430 9 11 Interest on Sales .. .. .. .. .. . ■ • • 494 8 11 74,403 2 6 74,897 5 2 Land for Settlements Act, 1925, — Amounts received in respect of Settlement Lands converted into Ordinary Crown Land or National Endowment Land— 54 0 0 Receipts under Section 49, Subsections (2) and (3).. Receipts under Section 49, Subsection (4) .. .. .. .. 168 16 1 168 16 1 54 0 0 1,797 12 11 Interest on Investments .. .. .. .. .. .. •• •• 5,465 2 6 Public Revenues Act, 1926, Section 40,— 87 13 4 Interest received on temporary transfers to other Accounts .. .. .. 1,365 9 7 Temporary Transfers to other Accounts — j Adjustment consequent on Finance Act, 1927 (No. 2), Section 16 .. .. 20,000 0 0 21,365 9 7 £149.118 11 4 Totals .. .. .. .. .. .. .. £220,822 15 7 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown a? 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 be found on page 74.