CO129-572-14 Proposed reorganisation of water services 7-4-1938 - 3-4-1939 — Page 34

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and cost of the undertaking, and showing also the

capital position and the Renewals Fund.

8.

As regards this Fund, I am advised that it is

necessary for accounting purposes to include in the

estimates a vote of the amount to be contributed to the

Renewals Fund, which will then appear in the statement

of assets and liabilities as a separate account distinct

from the general surplus. It is not at present proposed

to earmark any funds or investments as belonging to that

Fund but it may be necessary to do so when it reaches an

appreciable size. A vote for this purpose is included

✰ under the Waterworks Head of the estimates. Expenditure

out of the Fund will be authorized by Resolution of

Legislative Council and it is proposed to charge in this

way certain heavy expenditure on replacements which I am

advised will be necessary next year.

9.

In pursuance of the recommendation No. 1 in

paragraph 2 of the Financial Secretary's memorandum, the

officer in charge of the Waterworks is being provided for

under the designation Waterworks Engineer with a salary

of £1,300 per annum and free quarters, as for the

Assistant Directors of Public Works. This officer will

rank next after the Assistant Directors of Public Works

and will have the right of direct access to the Director

of Public Works. I propose to appoint to this post

Mr. A.B. Purves, at present in charge of the Water

Department. Since he is already on the maximum of the old scale of Executive Engineers, i. e. £1,300, he will

benefit only by the privilege of free quarters.

10.

I propose also that the establishment of the

Water Department should, at any rate for the present,

include an Executive Engineer in charge of construction.