Enclosure No. 1.

$5.000.000 Loan Account.

(Exclusive of Aberdeen Water Scheme)

enclosure No a Expenditure to 31.12.27 (vide Stetomon t

Estimated Expenditure for 1928 ( do. >

Balance available for Expenditure during

1929

3,480,978.00

First Issue of Bonds

3,000,000.00

1,735,437.00

First Contribution from

Air Ministry £70,000 for

773,368.00

Aerodrome

Authorized further issue of Bonds

692,783.00

2,000,000.00

Second contribution from Air

Ministry £30,000

297,000.00

$5,989,785.00

$5,989,783.00

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