HARBOUR IMPROVEMENT

Evening Star, Issue 20055, 21 December 1928, Page 8

HARBOUR IMPROVEMENT

. ESTIMATES FOR YEAH BOARD'S FINANCIAL ARM,HRE«EHTB • .Allying -for- a revenue, of £183.035: ■ the Harbour Board last night paswpd the estimates expending £f78,03} during, the year. ending September 30, 1929, leaving a surplus of £5,599. The estimated expenditure under the Ri|)9 loan account is £3,200. with a further £7,000, if authorised, wfiile the estimated expenditure under the £350,00] scheme . is £161,3.75 ' (£117;538 for dredge Otakou), The following estimates,; .presented by the treasurer (Mr W. J? Bardsler) were adopted by , the, board in commit-, tee:— ■ Read. Estni.

1927-28 1928-29 ./* '. ' x- . , ESTIMATED REVENUE. Dues on goods— Import's, ... ... ... Exports ... 48,336 30,000 23.362 '25.00H Cranage ... : .u ... 338 •350 Electric light ... '... 542 600 HARBOUR DEPARTMENT.Pilotage and harbour. ,. master’s fees ... ... 23,406 24,000 Port charges '... ... 10.913 12,000 Berthage ... ..."... 9,262 2,034 •10,600 Towage ... ... ■2,500 Pilotage exemptions ... 27 . . 450 Licenses 62 100 Life insurance anti superannuation re1,669 1.605 funds Receiving and delivery 10,468 11.696 Rents 21,946 • 28jS0O Storage . ... ... •... 399 .500 Miscellaneous ... ... 11,363 . 7,000 DOCK ACCOUNT. Dues and charges ... 5,499 3,600 Sheer legs and crane 837' ■ 500 Electric light 506 ; '150 Rents 1.375 1.360 Sundries 60 150 Refund from City Corporation account, Bauchop street ... 1.713 Bauchop street - ... 1,718 Transfer from No. 2 loan account for plant taken over ... ... 1.718 Transfer from London outstanding ■ coupon 16 account OTHER ITEMS. Refund from City Cor- , , ! poration ’ account 1,050 Sturdec street Port Chalmers wharves berthage 8,000. Total ' ... 175)851 183)6)10 ESTIMATED EXPENDITURE (Out of revenue).' Expend. Estim! - •• 1927-281928-29 £ £ Contingencies (“.Publie Revenue Act”) 450 ,■ 500 Cranes . ... ... 245 311 Dredge 222 (two shifts ■ 1927-28, . one. shift, -1928-29) ... 19,036 12;432Dredge Yulvan 7,739 5.530 Endowments . ... Engineer's dept. 654. . 9003,502 ■ 3,692a Harbour lighting ... 1,072 1,210 . Harbour master’s department 5,407 5,684'; Insurance (accident, fidelity, etc.).. ... 1,389 . 1,552b. Life : insurance and superannuation 3,158 3,120o Interest— General ... 49,717 54,210. Dock ... ... 3,985 .3,738 Receiving .. and . delivery ... ... ... ... 7,808 8,850 Sinking funds, contributions 2,150 3,900 Secretary’s department and general 5,702 5,53(3 Storage ... 435 465 Tugs, working aci count, ... ... ... 5,888 6,465 * Various works 34)955 43,062 ■ £ Docks (working ", ac- ■ count) and extension Otago Dock 6,332 6,128e Albany Street- School Site ■■■„.• 5,437 Loans redemption (£205.000 and £5,500) 10,500 Transfer to Fire Insurance Fund 350 Loans (1934) Redemption Reserve Fund 2,500 ... £178.391 Port Chalmers wharves- - y Capital payment ... 3,000 Working costs 5;S13 ■ 8,812' ■ ' 175,031 Loans (1934) Redemp3,000 tion- Reserve Fund £178,031 LETTER REFERENCES A. £662 for Mr Robertson’s salary while in England, removed from this department’s charge and included in £27,000 item, for new dredge (£330,000, Loan Account). n. £66 of' this for dock c. £330 of this for dock-staff d. £1,604 to bo refunded by employees. sinking k. Exclusive of interest, fund, insurance, and superannuation- ■ Addendum.—Further payments may be required as follows:Albany Street School site; bridge, £1,200; AUctoria wharfr-Cranes, £8.000: strengthening to carry cranes; £3,500; redecking, £10,635; total, £23,335. ESTIMATED EXPENDITUR1 I: UN-. DER.1909 LOAN ACCOUNT; ' , • Portobcllo protection wall ... 300 Maroro, s.s. ... ... ... ... 1,100a, Docks, electrification, balance, 1,800. tr ' • • . £3,200 ADDENDUM. Half tide wall, removal of wall 3,000 Quarantine Island,, removal o .. . 2,000 reef (part) Birch street wharf — strengthen ing to railway requirements 2,000 £^060 a. At the end of the year the working expenses of the vessel will cated to the various works oi be allowhkh she is engaged during the year. ESTIMATED EXPENDITURE UNDER No. 2 LOAN ACCOUNT (£350,000 SCHEME). ■; £ . £ Leith canal — raising ; ■■ walls (part) . ': ... , 2.500 Leith canal — invert. • 1,240 Mole — raisjiig and extrending (part) ... Shed “P,” Rattray 22)500 street wharf (300ft onlv) .... ... ... 8,3^5 Victoria ; wharf — to ■ complete 2nd 160ft . i :■ W Victoria wharf — to construct .3rd 160ft . 4,760 New dredger Otakou— • • i ) Mr Robertson s sal.ary , ' '... ... ... .653' Expenses ... 600 1st, • 2nd, . 3rd, and 4th' payments, 9q T ..per - cent; contract - ; price ... l] 7,533 ■ ' ...118,790 ■ ' .! f . Oil tank for. fuel oil ■ 500 '119,290 Brokerage, on £125,000 loans ... i ... ... .1,750 £161,375