Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image

CITY'S FINANCES

IN A SATISFACTORY STATE STATEMENT BY THE MAYOR PRIVATE LIGHTING CHARGES MAY BE.REDUCED, The Mayor (Mr. ',T. P. Luke) yesterday famished a Dominion reinvtor with the appended statement of the current accounts and tho dt'iiofit and Investment accounts of tho City Corporation. lie said that tho fitatciaont ooxered tho city' 3' finances up to March 31. Tho detailed information would bo available at an early date. It would be seen cbat the credit in tho electric lighting account was .£75,271. In addition to that tlirere was a sum of which had .boon borrowed by the District Fund. The District Fund had in turn advanced .£25,000 to the tramways account. A recommendation that tho. charges for private lighting be red need would come before the council at its next meeting. During the year a separate account had been opened, in connection; with the municipal milk supply, and 430,671 had lo data boon advanced to that enterprise.

CURRENT ACCOUNTS. ,18X9. 1318. ■ ' £' I; Abattoir account, cr 2,1(16 3,717. Electric Lighting a/c, cr. .. 75,271 42,136 Tramways a/c, cr 20.GGS — General Accident .o/c ; cr.... 7,2:2 6,401 Tramways and Lightiug Accident a/c, cr 16,177 13,7-15 Tramways Reserve a/c, cr. . 10,917 — ■ ■ .132,181 65,999 District Fund a/c, dr, 76,997 36,871. Tramways a/c, dr. -- 2,225 . 39,097 Net credit onpurrent n/cs <£55,484 ,£26,802 DEPOSIT AND INVESTMENT ■ ACCOUNTS. 1919. 191 S. ,S £ Electric .Lighting Reserve Fund 3,232 — Tramways Renewal Fund 43,859 33,3G1 Accident Fundi in War Certificates 5,000 . 5,000 Electric Lighting Renewal Fund 3,232 — Jubilee Surplus Fuwl.... 571, 557 ;Fire Brigade Interest Deposit a/c 523 503 'Sinking Funds 440,626 401,590 £497,018 £441,006 ' , SOM.AI.'iKY, • ' 1919. 1818. £. £ Current Accounts 55,454 26,903 Deposit and Investment Accounts 497,048 441,006 • £552,532 £467,908

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19190415.2.38

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 12, Issue 172, 15 April 1919, Page 7

Word count
Tapeke kupu
278

CITY'S FINANCES Dominion, Volume 12, Issue 172, 15 April 1919, Page 7

CITY'S FINANCES Dominion, Volume 12, Issue 172, 15 April 1919, Page 7

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert