B.—l [PT. I].

PUBLIC ACCOUNTS, 1927-1928.

Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

41

ACCOUNT—continued. l92 r^ 1927 - EXPENDITURE. 1928 * Gross. Gross. £ s. d. £ s. d. £ s. d. 551,468 1 7 j Brought forward .. .. .. .. .. .. 589,021 9 10 ' Land for Settlements Act, 1925, Section 45 (1) (b) and (3), — Recoupment to Ordinary Revenue Account of Amount charged thereto for 465 16 8 Reduction of Funded Debt .. .. .. .. .. .. .. 489 g 10 ! Finance Act, 1927 (No. 2), Section 23 (21, — Refund to Consolidated Fund .. .. .. .. .. .. 5,094 8 4 Refund to Public Works Fund (General Purposes Account) .. .. .. 2,513 17 8 7,608 6 0 Debentures redeemed at Maturity,— 19,500 0 0 Land for Settlements Act, 1925, Section 45 (1) (b) Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— 258 2 6 Land for Settlements Act, 1908 (Redemptions) .. .. .. .. 0 12 6 Land for Settlements Act, 1925 (Renewals) .. .. .. .. 1 10 0 2 2 6 Balance at end of Year, — 21,515 2 4 Cash in the Public Account .. .. .. .. .. .. 6,277 5 3 Imprests outstanding— 837 13 0 In the Dominion .. .. .. .. .. .. Investment Account— 141,100 0 0 Securities held .. .. .. .. .. .. .. 180,325 0 0 — i 186,602 5 3* 163,452 15 4 , £735,144 16 1 | Totals .. .. .. .. .. .. .. £783,723 9 5 1 * For explanatory statement see page 73. (Discharged Soldiers Settlement Account). £ 8. d. | Annual Appropriation,— £ s. d. j £ s. d. 2,658 1 1 | Vote —Land for Settlement of Discharged Soldiers: Expenses .. .. .. 1,362 13 7 j Expenditure under the Land for Settlements Act, 1925, Section 45, — 600 0 0 j Acquirement of Estates 7-, 532 18 9 i Expenses incidental to Estates .. .. .. .. .. .. 11,439 5 8 1 11,439 5 8 8,132 18 9 j Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923,— Payment to Discharged Soldiers Settlement Account in respect of Amount added 54 0 0 to Capital Value of Land Land Laws Amendment Act, 1927, Section 20, — Discharged Soldiers Settlement Amendment Act, 1923, Section 20 (4) — Amount recouped to Discharged Soldiers Settlement Account in respect of Amount added to Capital Value of Land .. .. .. .. . 6,130 18 1 Public Revenues Act, 1926, Section 139, — Interest recouped to the Consolidated Fund ! 50,000 0 0 Amortization of Debt, — Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— Finanoe Act, 1927, Section 6— Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 1st September, 1931) .. .. .. .. .. .. .. .. 100,000 0 0 Public Revenues Act, 1926, Section 40, — 20,000 0 0 Temporary transfers to other Accounts Balance at end of Year, — 23,273 11 6 Cash in the Public Account .. .. .. .. .. .. 6,889 18 3 Investment Account— 95,000 0 0 Securities held .. .. .. .. .. .. .. 45,000 0 0 — 51,889 18 3*1 118,273 11 6 £149,118 11 1 Totals .. .. .. .. .. .. .. £220,822 15 7 * For explanatory statement see page 73. Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from expenditure as prior to 1924 25. For the purposes of comparison a summary showing the net expenditure wil] be found on page 74.