FALLACIOUS FINANCE.

Feilding Star, Volume VI, Issue 134, 28 April 1885, Page 2

FALLACIOUS FINANCE.

TO THE EDITOR OP Tffiß STAB. Sht,— ln 1 jrtto Saturday's Imu*: ia published the estimated revenue and expenditure of the Feildin^ Borough for 1885-86, aa adopted by the Council on the 16th April. It will be noticed that the revenue is there giy^n r aa £805, instead of betweea £600 and £700, ' as stated by me at the public meeting the other nitht; Bktepaye^s Will naturally say. " Oh ! things are looking up ; Our revenue iB inoreainng<;^ and' it' iSs to prevent a false impression of the kind being created that I r no^r write. , . . The Council in its estimate^ takes credit 'lbr'the full amouiit levied, that is £429 as revenue for the year, while a little lower down showrates in arrear o (nearly all last year'a rates) to the tune of £125. Thatj istosay, the Council 'estimate that uougli last year |here were onthe 31at; Marcli £125-oi : ;rates. uncollected, .jaext rear the ratepayers w^ be WexceptionaUjr prompt as to have paid every farthingof rates levied before the close of ,th» financial year, on the 31si J ' March, 18861, Every one knows that an "estimate of the kind is falliciousl Ml previous . experience has proved !ii' io be so, and the only' effect ' ol r such a statement authoritatively put forth ia to mislead or to show that tike Council have given Very, little >l^riti<m to the matter. The item should rather have been put forth thus— Rate, of Is inthd £ on £8589, £429 18s; less 'rates not collected^; sayi £1100— £329 48s.~St am, &c., D. H. MaOabthueJ