B.—l [Pt. I].

PUBLIC ACCOUNTS, 1927-1928.

MAIN HIGHWAYS ACCOUNT REVENUE FUND.

49

1926-1927. 1927-1928. Gross. EXPENDITURE. £ s. d. Annual Appropriation,— £ s. d. ! £ s. d. ■551,490 15 9 Vote —Maintenance of Main Highways .. .. .. .. .. .. 601,824 15 9 Expenditure under Section 20 of the Finance Act, 1925, — 1,807 0 0 Subsection (2) (a), Payments to Taranaki, Hawera, and Eltham County Councils .. 1,807 0 0 Expenditure under the Main Highways Amendment Act, 1926, Section 2, — Advances to Local Authorities .. .. .. .. .. .. .. 1,750 0 0 Main Highways Act, 1922, Section 15 (2), — Amount transferred to Construction Eund .. .. .. ,. .. .. 300 000 0 0 i New Zealand Loans Act, 1908, Section 26, — Recoupment of Management Charges of Consolidated Stock on account of 28 11 7 Const ruction Fund .. .. .. .. .. .. .. .. 327 0 2 Public Revenues Act, 1926, Section 139, — 26,209 7 10 Interest recouped to the Consolidated Fund .. .. .. .. .. 28,929 11 10 Charges and Expenses of raising Loans, — 210 0 6 Main Highways Act, 1922 .. .. .. .. .. .. .. 250 0 0 Balance at end of Year, — 98,532 8 3 Cash in the Public Account .. .. .. .. .. .. 377,859 4 10 Imprests outstanding — 58 19 2 In the Dominion .. .. .. .. .. .. .. 2,126 15 3 1,448 0 0 In London Investment Account— 652,900 0 0 Securities held .. .. .. .. .. .. .. 242,900 0 0 j 622,886 0 1* 752,939 7 5 £1,332,685 3 1 Totals .. .. .. .. .. .. .. £1,557,774 7 10! ! , ij , ' ■—1 * 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 the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 74.