B. —1 [I'T. IV]

MAIN HIGHWAYS ACCOUNT-continued Income and Expenditure Account for the Year ended 31st March, 1943, and Total to Date

19

— ~ j . i| I Total since | Total since Total for Inception of Main rTT5T7A'T,TTT T Dr 1 Totalfor i Inception of Maui i INCOME. Year 1942-43. Highways Act, 1922_ EXPEiNDITLRE. 1 Year 1942-43. Highways Act, 1922.: * to 31/3/43 | to 31/3/43. I ! ' ' £ £ Loans raised under Main Highways Act, 1922, and National Development £ £ Net expenditure on construction, renewals, maintenance, &c. (see separate 1,187,664 34,532,704 Loans Act, 1941 270 000 11 481,918 statement) _ Redemption Account " " !! MM, 613 expenses (including salaries, travelling-expenses, £ Consolidated Fund-Public Debt Repayment Account .. .. .. ■ 55 office rents, printing, stationery, postages, and miscellaneous 270,000 12,851,251 expenses) . .. .. .. • •; 70 ' loG •• , ,ou Receipts under section 15, Finance Act, 1923, from Public Works Account Fees and travelling-expenses of members of the Mam Highways (at 4 per cent, interest) 1,226,000 Board other than Government members 571 .. -l,44o E V e nue transferred from the Consolidated Fund 1,547,446 30,055,189 Miscellaneous expenses — , , r 218,444 Advertising maps, rent of halls, traffic tallies, transport of from local authorities on plant purchased on their behalf' ' '.i 1,262 38,373 samples, depreciation of furniture, &c. .. .. ..or. •• 0,000 x- x- . 44.359 feompassionate grants to widows and relativg of deceased v .. .. " i-! ~ "• ' 22,703 employees .. .. ■■ • - •- •• Transfer from Consolidated Fund (section 14, Main Highways Act, 1922) .. .. 210,000 under secfron 3, Public Works Amendment , ols toHs from fSes .. •• 2,082 Act, 1925 .. .. •• •• •• •• Exchange on remittances .. .. -• •• •• •• Grant to Transport Department towards Traffic inspection .. .. •• 42,90b Penological laboratory and other experimental work, Expenses of .. .. .. .. •• •• 1,831 • • 15,718 Total administration .. .. •• 72,067 1,455,405 Loan charges — Charges and expenses of raising loans, management charges of qq ' Consolidated Stock on account of Construction Fund, &c. .. 477 .. 88,080 Interest on amount appropriated out of Public Works Fund and paid into Main Highways Account Construction Fund . . 49,040 • • 784,640 Interest on loans, recoupment to Consolidated Fund (section 4, Finance Act, 1919) 448,480 .. ?'^8,382 Transfer to reserve for redemption of main highway securities .. .. ■ - 1 > >130 Payment to local authorities in commutation of toll-gate charges (Finance Act, 1925, section 20) .. .. ■■ 1,525 .. 34,750 Payment to Wellington City Council in commutation of fees chargeable in respect of motor-vehicles using Hutt Road (Hutt Road Act, 1939, section 6) .. . - ..36,765 .. 3bo,895 Total loan charges .. .. •• 536,287 5,213,877 Subsidies, &c., in respect of other than main highways — Municipal Corporations (Municipal Corporations Act, 1933, section 71) .. .. ■■ •• •• 33,063 .. 3/4, b<3 Countv Councils and other local authorities (Finance Act, 1930, section 37) ■■ 180,467 .. 2,19,-184 Subsidies to County Councils for rebate to ratepayers (Finance Act (No. 4), 1931, section 45) .. .. .. .. .. •• ~o3,WS Subsidy on rates levied on farming land (Finance Act (No. 3), 1934; section 28) .. .. ■■ •• ... Or. 280 .. 363,962 * Maintenance and construction of roads giving access to outlying areas (Finance Act (No. 3), 1931) .. . • ■ • • ■ • • 4o.918 Total subsidies 213,250 3,235,630 Balance, being excess of expenditure over income, carried to general balance-sheet Or. 185,157 £1,824,111 £44,668,401 £1,824,111 £44,668,401 ~ * Excludes £61,482 9s. lid. interest credited.