G—l

RECEIPTS AND EXPENDITURE The statements show in summarized form the receipts and expenditure for the year ended 31st March, 1950. Details may be found in parliamentary paper B-l [Pt. I]. The reduction in expenditure from Deposits Accounts compared with the previous year results from the abolition of the Education Endowment Deposits Account under the. provisions of section 27 (2) of the Land Act, 1948. Expenditure, under votes "Crown Lands" and " Settlement of Ex-servicemen" as from Ist April, 1949, covered substantially the same types of expenditure as votes " Land for Settlements " and " Small Farms Development."

Receipts

Expenditure

11

Heading. Year Ended 31st March, 1950. Year Ended 31st March, 1949. : - Rents, royalties, and interest Rates and miscellaneous receipts from drainage; areas :; Sales of land, improvements, repayment of advances, &c. Farming receipts from development schemes.. Proceeds from Education Endowment Deposit V,' Accounts, and interest on investments Administration charges, fees, and other departmental receipts £ 987,349 45,356 1,556,456 2,396,978 111, 708 153,136 £ 1,073,035 60,352 1,481,283 2,028,353 119,500 s; ' 5,250,983 4,762,523

Name of Vote or Account. Amount Voted. Expenditure for Year Ended 31st March, 1950. Expenditure for Year Ended 31st March, 1949. , Voted Expenditure Vote " Lands and Survey " — Subdivision I •: J-. ... .« Subdivision II .. .. .. Subdivision HI .. .£. .... 976.361 141.362 167,275 £ 883,485 107,569 39,661 ■£- 822,786 356,289 59,549 Total, vote " Lands and Survey " Vote " Crown Lands " . Vote " Settlement of Ex-servicemen " .. 1,284,998 1,077,444 6,991,050 1,030,715 800,353 5,637,511 1,238,624 j- 5,891,709 Total, voted expenditure . . .. 9,353,492 7,468,579 7,130,333 • Other Expenditure. - ; Land Settlement Account: * Permanent appropriations, &c. Deposits Account and miscellaneous expenditure 25,173 10,847 158,924 J 13,714 9,353,492 7,504,599 7,302,971