B—l [Pt. IV]

RANGITAIKI LAND DRAINAGE SCHEME Rate Account for the Year ended 31st March, 1946 Dr. £ £ Cr. £ £ Capital. Maintenance. Capital. Maintenance. Remissions .. .. .. .. .. 22 15 Balance as at Ist April, 1945 .. .. .. 3,601 6,618 Transfer to Reserve Fund .. .. .. 1,595 .. Rates struck for 1945-46 year .. .. .. 10,501 9,182 Interest on capital cost .. .. .. 8,360 .. Penalty (10 per cent.) added to rates .. .. 77 73 Cost of maintenance .. .. .. .. .. 14,442 Subsidy on maintenance costs .. .. .. .. 4,814 Balance as at 31st March, 1946 .. .. 4,202 6,230 £14,179 £20,687 £14,179 £20,687 Revenue Account for the Year ended 31st March, 1946 Dr. £ Cr. £ Interest on loan capital .. .. .. .. .. 19,567 Accrued rent .. .. .. .. .. .. 193 Interest on capital cost recoverable by rates .. .. .. 8,360 Balance: Transferred to Drainage Works Account .. .. 11,014 £19,567 £19,567 Treasury Adjustment Account for the Year ended 31st March, 1946 Dr. £ Cr. £ Receipts and Payments Account .. .. .. .. 5,991 Balance as at Ist April, 1945 .. .. .. .. 324,965 Balance as at 31st March, 1946 .. .. .. .. 338,756 Hauraki Plains Settlement Account: Transfer .. .. 12 Swamp Land Drainage Account: Net transfer .. .. 203 Interest on loan capital .. .. .. .. .. 19,567 £344,747 £344,747

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