Profit of £3779

Chronicle (Levin), 18 June 1946, Page 4

Profit of £3779

On the financial side, Mr. Hudson reported that from all sources receipts totalled £47,248 and 4>ayments £43,469, leaving a surplus of £3779 on the year's working. "A credit of £11,265 was brought forward in the general account frpm the previous year," stated Mr. Hudson. "Receipts for the year inc-luded current general rates, £18,479; arrears, £73 1; subsidy on rates, £2500; sundry licenses, £864; interest on National Savings and investments, £150; and miscellaneous, £1184; making a total of £35,174. Payments comp'rise maintenance of district roads £10,066 (less transfer motor lorry license fee £2113), main highway maintenance £1103 (county share only), annual loan charges £6705, administration £2616, transfer property improvement account £3000, and miscellaneous, £4179, making a total of £26,555, and leaving a credit balance of £9619 to be carried forward. "The credit in the hospital levv account at the commencement of the year was £4969. Receipts from rates, both current and arrears, amounted to £7787, making a total in all of £12,756. The payments amounted to £7780, leaving a- balance of £4976 to be carried forward. The levy for 1946-47 amounts to £9898, being an inerease of £2128 on the previous ye'ar." In conclusion Mr. Hudson noted that in 1942 the council had issued 75 building permits of a value of £18,980, and in 1946 it was 142 permits valued at £63,602.