CITY FINANCE.

Press, Volume LIV, Issue 16265, 16 July 1918, Page 7

CITY FINANCE.

ESTIMATES FOB COMING YEAR. Tho City Council last evening adopted its estimates for the coming year, and appointed a special meeting next month for 'he striking of a rate of 2|d in the £ on the unimproved value. The ovordraft on March 31st, 1818. was £37,756 ss, tho liabilities on that date £11,177 63 7d. Tho estimates for iyid-1913 are £89,3(12 Oa ad, and the totals of votes for 1916-19 of £130,503 7s 4d. Kooeipte show tho following particulars:— Outstanding March 31st, 1918, £4423 8s Id, estimates lor 1918-19 ±14,468 18s Bd, total £J.a,B»a Is 4d. 'lhe additional sum required to meet the proposed expenditure is £111,617 6s, less the estimated overdraft on March 31st, 1919, £42,256 6s 6d, total £69,261 Ob 6<L Tho total rateable value of property on the valuation roll is: Unimproved value £5,738,683, capital v&luo £118,020. Tho total unimproved value of property on the valuation roll is £5,790,138. General rates to be made and levied are: On the City of Chris tchurch (except the area known as Avoneide): On the unimproved value, £5,738,683 at 2£d, £08,744 12s 9d. On that portion of tho city of Christohurch knowfn as Avonsido: On the capital value, £118,020 at 1 16411—635000 d, £616 7a 9d. Following are some of the principal estimates for the coming year, with tho actual expenditure fox last year, there being m several items liabilities as well from last year to be met this year (shillings and pcnco omitted in every case):— Ex- Eetipended, mate, 1917-18.1918-19. £ £ Travelling expenses—Mayor, councillors, officers, and others .. .. ... 85 30 Revising Valuation Bolls ... 112 115 Chi-istouuroh i'lio Hoard .. 3387 3400 Technical College grant .. 300 300 Riccarton Bush grant .. 100 100 Linwood Library grant .. 100 100 St. Albans Library grant ' 16 90 Sydenham Library grant .. 77 100 "Waltham Library grant .. 20 30 Addington Library grant ... £0 "Vvorkera' Education Association 60 60 British and Foreign Sailors' Society .. ~ 400 City- Council's Workmen's Sick Benefit Society .. 261 800 City Council's Employees' ftonio Committee .. 15 15 Progress League, 6d per £1000 on capital value on condition that 85 per cent, of expected contributions ore guaranteed, otherwise the vote to bej reduced in proportion to amount guaranteed .. .. .. _ 304

Municipal concerto—Bartda.. 200 200 Bent of Treasury .. 150 • 150 War pay .. .. 2484 500 WOBKS COMMITTEE. Street maintenance—Materials 2565 2500 Street maintenance—Wages 10,654 10,700 Road rollers—Materials ..756 760 Hoad rollers—Wages .. 528 580 Cleansing streets and chan-nels—-Materials .. ..380 890 Cleansing streets and channels—Wages .. .. 6921 6925 Purchase oi horses .. 283 350 Maintenance of horses—Materials .. .. .. 2590 2600 Maintenance of howeff—Wages " 866 870 Street watering by Council— Materials .. 89 7.00 Street watering by- Council— Wages .. .. 267 270 Water from mains .. 97 150 Street watering by Tramway Board .. .. 1172 1200 Stone and grit .. .. 8599 8600 Tar 4358 4500 Channel repair®—Materials .. 62 100 Channel repairs—Wages ..46 50 Dust and refuse removal— Materials .. .. 383 400 Bust and refuse removal— Wages .. .. 8374 3375 Street widening .. ..101 500 War bonus and wages .. 1151 1600 Inorease in wages, 7} per i cent, .on £19,078 .. — 1431 Inorease in foremen's wages — 101 Drain, junction of North Avon road to river—Wages, materials .. .. .. — 225 Grading and lowering footpaths and road in Mefyay street, River road, North * parade, Stapleton's rood, and Domain road—Wages, materials .. .. .. — 196 Channelling Rolleston avenue —west side Armagh street and Gloucester street — Materials, wages — 43 Benewing wooden kerb in Allen street—Materials, wages .. 20 New etormwater sewer, Bealey avenue—Materials, wages — 95 He-decking and extending Green's bridge (half cost) —Materials, wages •.. — 90 Piping drain, Rutland street, south of Innes road (half cost) —Materials, wages .. — 68 Benewing furnaces, second set —Materials, wages .. — 540 Footpaths, Ebb tern and Western terraces—Wages and materials .. 40 Channel in Devonport lane— Wages, materials .. — 48 Widening Stanmare road, Johnston's frontage, land, etc., and widening—Materials, wages .. 160 RESERVES. General wages, including upkeep of flower beds and city plots .. .. 956 900 Bottlo _ Lake—Clearing and planting 115 acres, including extension of rabbitproof fence .. .. 475 <50 Addington Library ..400 342 St. Albans Library—Purchase of land and cost of transfer .. .. .. — 165 Increase in wages, 7| per cent, on £3133 6s 8d .. — 235 War bonus .. .. SS7 250