New Zealand Gazette – 1928 – No. 8

Page 329

✨ Financial Accounts



Feb. 7.] THE NEW ZEALAND GAZETTE. 329

ACCOUNTS for the Nine Months ended 31st DECEMBER, 1927 and 1926, respectively—continued.

ACCOUNT.

NINE MONTHS ENDED 31ST DEC., 1926. Gross. EXPENDITURE. NINE MONTHS ENDED 31ST DECEMBER, 1927. Gross.
£ s. d. 4,089 9 8 Land Act, 1924, Section 295 (2),— Administration Expenses.. .. .. .. .. .. £ s. d. .. 3,314 16 7
10,534 18 4 Land Act, 1924, Sections 139, 295, and 357,— “ Halves,” “ Thirds,” and “ Fourths ” paid over to Local Bodies’ Deposit Accounts .. .. 4,042 7 5
12,649 7 0 Land Act, 1924, Section 297 (a) and New Zealand University Amendment Act, 1914, Section 32,— Payment to Universities of Portion of National-endowment Residue .. .. .. 12,931 4 0
75,896 1 9 Land Act, 1924, Section 297 (b),— Transfer to Vote Education of Portion of National-endowment Residue .. .. 77,587 5 3
37,948 0 11 Land Act, 1924, Section 298,— Portion of National-endowment Residue applied for payment of Old-age Pensions .. .. 38,793 12 7
.. Land Act, 1924, Section 83 (3),— Value of Improvements added to Capital Value of Land .. .. .. .. 3 8 0
4,789 6 0 Balance at end of Nine Months,— Cash in the Public Account .. .. .. .. .. £ s. d. 4,962 19 0
86,100 0 0 Investment Account— Securities held .. .. .. .. .. 82,100 0 0
90,889 6 0 Transfers under Section 40, Public Revenues Act, 1926 .. 4,000 0 0 86,100 0 0 91,062 19 0
£232,007 3 8 Totals .. .. .. .. .. .. .. £227,735 12 10

TRUST ACCOUNT.

| £ s. d. 51 9 0 | Land Act, 1924, Section 139,— “ Thirds ” and “ Fourths ” paid over to Local Bodies’ Deposit Accounts .. | £ s. d. .. 159 14 5 |
| 54 0 0 | Expenditure under Section 49, Subsection (2) and (3), of the Land for Settlements Act, 1925,— Transfer in respect of Settlement Lands declared to be National-endowment Lands .. | .. .. |
| 4,794 0 7 | Balance at end of Nine Months,— Cash in the Public Account .. .. .. .. .. 1,768 12 10 |
| 19,690 0 0 | Investment Account .. .. .. .. .. 27,290 0 0 | 29,058 12 10 |
| 24,484 0 7 | | |
| £24,589 9 7 | Totals .. .. .. .. .. .. | .. £29,218 7 3 |

NOTE.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924–25.

For the purposes of comparison a summary showing the net expenditure will be found on page 345.



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✨ LLM interpretation of page content

💰 Statement of Receipts and Expenditure of National Endowment (continued from previous page)

💰 Finance & Revenue
Financial Accounts, Receipts, Expenditure, National Endowment, 1926, 1927