B—l [Pt. IV]

SWAMP LAND DRAINAGE SCHEME— continued Balance-sheet as at 31st March, 1947 Liabilities I Assets Capital Account— Kaitaia Drainage Area— Liability to Consolidated Fund under National £ £ Allocated cost of work on which rates are levied— £ £ Development Loans Act, 1941, section 6 (2) .. 498,003 Rural subdivision .. .. .. .. 60,000 Less Land for Settlements Account .. .. 530 Town subdivision .. .. .. .. 8,200 497,473 68,200 Reserve : Repayment of capital costs— Excess cost of works not recoverable .. .. 164,587 Kaitaia Drainage Area: Town subdivision .. 1,018 Interest Account: Amount-chargeable to area Waihi Drainage Area— £ capitalized to 31st March, 1940 .. .. 168,958 Pukehina Subdivision .. .. 725 333,545 Kaikokopu Subdivision .. .. 1,087 Waihi Drainage Area— 1,812 Allocated cost of work on which rates are levied— Poukawa Drainage Area .. .. .. 2,291 Pukehina Subdivision .. .. .. 5,000 5,121 Kaikokopu Subdivision .. .. .. 7,500 Rate Accounts— Central Subdivision .. .. .. .. 46,056 Special Rate Accounts : Capital— 58,556 Kaitaia Drainage Area— Excess cost of works not recoverable .. .. 28,584 Rural subdivision .. .. 6,884 • Interest Account: Amount chargeable to area Town subdivision .. .. .. 328 capitalized to 31st March, 1940 .. .. 48,576 7,212 77,160 Waihi Drainage Area— Poukawa Drainage Area— Kaikokopu Subdivision .. .. 531 Drainage works .. .. .. .. 17,494 Pukehina Subdivision .. .. 878 Interest Account: Amount chargeable to area .. 1,273 1,409 18,767 Poukawa Drainage Area .. .. .. 932 Hikurangi Drainage Area— 9,553 Drainage works .. .. .. .. 260,140 General Rate Accounts: Maintenance— Less amount written off .. .. 184,389 Kaitaia Drainage Area— Rural subdivision .. .. .. 3,546 75,751 Town subdivision .. .. .. 421 Interest Account: Amount chargeable to area 3,967 capitalized to 31st March, 1940 .. .. 163,068 Waihi Drainage Area— 238,819 Pukehina Subdivision .. .. 967 Mangawai Drainage Area— Central Subdivision .. .. 412 Drainage works .. .. .. .. 1,878 Kaikokopu Subdivision .. .. 461 Interest Account: Amount chargeable to works to 1,840 31st March, 1939 .. .. .. .. 1,606 Poukawa Drainage Area .. .. .. 1,168 6,975 3,484 Sundry creditors: Departmental .. .. .. .. 1,542 Less amount written off .. .. .. 3,484

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