May 28.]\nTHE NEW ZEALAND GAZETTE.\n1703\nYear ended 31st MARCH, 1925, compared with the Year ended 31st MARCH, 1924—continued.\nACCOUNT.\n| 1923-1924. | EXPENDITURE. | 1924-1925. |\n|---|---|---|\n|Net. | | |\n|£ s. d. | Annual Appropriation,— | £ s. d. | £ s. d. |\n|96,044 1 9 | Vote—State Forest Service | .. | .. | 116,257 12 5 |\n| | Recoupmcnts under the Finance Act, 1919, Section 4,— | | |\n|23,171 11 2 | Interest | .. | 23,157 6 7 | |\n|913 2 4 | Sinking Fund | .. | 893 0 10 | |\n|24,084 13 6 | | | | 24,050 7 5 |\n| | Recoupment of Management Charges of Consolidated Stock | .. | .. | 2 11 7 |\n|63 10 2 | | | | |\n| | Unauthorized Expenditure,— | | | 4,206 5 0 |\n|2,260 3 4 | Services not provided for | .. | .. | |\n| | Adjustment of Entries wrongly shown in 1922–23 Accounts,— | | |\n| | New Zealand Loans Act, 1908— | | |\n| | Finance Act, 1916, Section 50, and Finance Act, 1920, Section 16 (State Forests)— | | |\n|10,000 0 0 | Debentures issued | .. | | |\n| | New Zealand Consolidated Stock, 1935/1945— | | |\n| | Amount received in respect of £200,000 authorized (part of £5,000,000 | | |\n|200,000 0 0 | 5-per-cent. Stock Loan) | .. | | |\n|4 11 10 | Interest on overdue Instalments | .. | | |\n| | 5-per-cent. Inscribed Stock issued in respect of Amount required to cover | | |\n|3,830 4 6 | Expenses of raising £200,000 | .. | | |\n|19 3 0 | Premium | .. | | |\n| | 5-per-cent. Inscribed Stock issued in respect of Amount required to cover | | |\n|357 13 1 | Stamp Duty on Transfers (includes £1 9s. to cover Expenses of raising | | |\n|9 15 0 | Loan) | .. | | |\n| | Premium | .. | | |\n|214,221 7 5 | | | | |\n| | Receipts from National Endowment Indigenous Forests received prior to 31st | | | 28,504 11 4 |\n| | March, 1924, and credited to Rents, Royalties, &c., now transferred to separate | | |\n| | heading | .. | | |\n| | Forests Act, 1921-22, Section 39 (2),— | | | 12,611 11 7 |\n| | Transfer to National Endowment Account | .. | | |\n| | Finance Act, 1924, Section 16 (2),— | | | 100,000 0 0 |\n| | Transfer to Land for Settlements Account for purchase of part of Selwyn Settlement | | |\n| | Reserves and other Lands Dosposal and Public Bodies Empowering Act, 1924, | | | 459 8 6 |\n| | Section 62 (transfer to Deposits Account for payment to the Native Owners) | .. | | |\n| | Charges and Expenses of raising Loans,— | | | 82 14 11 |\n| | New Zealand Loans Act, 1908— | | |\n|115 4 1 | Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945— | | |\n| | Forests Act, 1921-22 | .. | | |\n| | Balance at end of Year,— | | | 4,399 10 10 |\n|10,913 16 10 | Cash in the Public Account | .. | | |\n|144,700 0 0 | Investment Account | .. | | |\n|155,613 16 10 | | | | 165,000 0 0 |\n| | Totals | .. | | 169,399 10 10 |\n|£492,402 17 1 | | | | £455,574 13 7 |\nDRAINAGE ACCOUNT.\n| £ s. d. | Expenditure under Section 4 of the Swamp Drainage Act, 1915, and Seotion 95 of the | £ s. d. | £ s. d. |\n|12,326 2 8 | Reserves and other Lands Disposal and Public Bodies Empowering Act, 1916 | .. | 45,203 6 6 |\n| | Expenditure under Section 2 of the Swamp Drainage Amendment Act, 1922,— | | |\n|272 13 4 | Administration Expenses | .. | 115 9 11 | |\n|3,041 18 0 | Improvement of Crown Lands | .. | 1,058 4 0 | |\n|80 5 2 | Recoupment to Consolidated Fund. | .. | .. | 1,173 13 11 |\n|3,394 16 6 | | | | 16,195 10 11 |\n|12,299 5 5 | Recoupment of Interest under the Finance Act, 1919, Section 4 | .. | | |\n| | New Zealand Loans Act, 1908,— | | | 1,376 19 2 |\n| | Charges and Expenses of raising loans— | | |\n| | Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 | | |\n| | Balance at end of Year,— | | | 7,865 17 3 |\n|5,859 17 8 | Cash in the Public Account | .. | | |\n| | Investment Account | .. | | |\n| | Totals | .. | | 32,865 17 3 |\n|£66,880 2 3 | | | | £96,815 7 9 |\nNOTE.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown\nas receipts, and are not deducted from the expenditure as formerly.\nFor the purposes of comparison a summary showing the net expenditure will be found on page 1709.