RATES FOR THE YEAR
INCREASES IN WATER AND
GENERAL
MEETING INTEREST AND SINKING FUND.
An increase of from 2£- per cent, to 4 per cent, on annual value has been decided upon by the City Council in respect of the city's waterwork schemes, and the general rate has gone up from 2 81-100fl to 3d. The library and hospital rates remain the same, but special rates are to be struck to meet outgoings for interest and sinking fund on the antecedent liability and unemployment relief loan. , The schedule of rates for the ensuing year as approved by the City Council last evening is as follows:-— General rate 3d, producing £183,893. Library rate 14-200 d, producing £4290. Water rato 4 per cent, on annual value, producing £56,948. ■ Hospital and Charitable Aid rate, 4id on annual value, producing £33,775. Street lighting rate, 1 i-6d on aunual value, producing £8756. ; SPECIAL RATES. Whole city: Antecedent liability loan, interest, etc., 'SO-SCOd, £15,324; unemployment relief loan interest 3-200dj £780. • . " City (exclusive of Miramar): General improvements loan interest, 4-2 COd, £1225; street works loan interest, 9-200 d, £2625; city baths loan interest, 2-200 d, £525. -''.-■.,■ City (as originally bounded): Oity improvements interest 16-299 d. £3911; sanitation loan No. 1 interest, 32-200 d, £7852; sanitation loan No. 2 interest, 5-200 d, 51227; consolidation loan interest, 16-200 d, £5911. ' Melrose : Melrose improvements interest. 52-200 d, £1905;-outlying districts drainage interest. 150-200 d, £6629. Onslow: Works loan interest, 42-200 d, £424; catchment interest No. 1, 50-200 d,' £221; catchment interest No. 2, 20-2 COd, £88; public hall interest, 45-200 d. >.£92 ; Kaiwarra drainage interest, 55-200 d, £54. Karoyi: Road wideuine and purchase of Recreation Ground, 138-200 d," £1359; completion of. road widening. 39-200 d, £385; Recreation Ground improvements, 21-200 d, £123.
Miramar: Special rate, 2 184-2 COd, £5226., . , '
Total rates levied, £341,547.
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https://paperspast.natlib.govt.nz/newspapers/EP19230710.2.45
Bibliographic details
Evening Post, Volume CVI, Issue 8, 10 July 1923, Page 6
Word Count
302RATES FOR THE YEAR Evening Post, Volume CVI, Issue 8, 10 July 1923, Page 6
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