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AN INTERESTING RETURN.

WHAT THE SUBURBS HAVE RECEIVED.

At the meeting of the Borough Council last evening the following returns were submitted showing the revenue and. expenditure of the suburbs of Whataupoko and Kaiti for the year ending Maroh 31st, 1905 : Estimated revenue and expenditure of suburb of Whataupoko to 31at March, 1905': Revenue—General rates collected (valuation £9520) £671- 19s 6d, Government subsidy thereon £7l, balance amount expended over receipts £582 13a Id, total £1325 12s 7d. Expenditure—Cash liabilities Boad Board £338 is 4d, County Council £209 12s, Sanitation £l4O, lighting streets £3O, cleaning drains £6O, trimming footways £B, general maintenance (roadsi £l2O, repaits Baliance street £25, formation Russell

street £lO, repairs Riverside road £23, repairs Fitzherbert street £ls, bridges £163 8s 6d, administration £94 12s 3d, interest bank overdraft £3B 14s 9d, general expenses £2O 17s, hospital and oharitable aid £29 6s 9d, total £1325 12s. 7d. Estimated revenue aDd expenditure of suburb of Kaiti to 31st March, 1905 : Revenue—General rates of Is 6d in the £ oolleoted £447 18s (valuation £6060), Government subsidy received £3B, balance of amount expended over reoeipts £266 7s 3d, total £752 5s 3d.

Expenditure, cash Liabilities Road

Board £263 11s, do County Council £IOO, sanitation £lO4, formation footway Wainui road £25, lighting streets £2O, cleaning drains £2O, olearing footways £5, maintenance roads (general) £7O, Jths of l-7th of, bridges maintenance'£27 7s 9s, administration £6O 9s 3d. intere»t on overdraft £24 15s, general expenses £l3 6s 6d, hospital and oharitable aid £lB 15s 93, total £752 5s 3d. Cr Lysnar pointed out that the returns in question inolnded the cash liabilities of the Board and the amounts paid to the County Council. These were oharges that they could not reasonably expect to liquidate out of the first year’s rates. With the liabilities mentioned taken out the revenue exceeded the expendidure. Cr Whinray said that the liabilities of the two Road Boards had been paid off, and they would not occur again. ’ The Mayor : They will be absorbed in time.

Or Lysnar : According to the expenditure you will have something in hand in each suburb. In Kaiti you have another hundred pounds to spend before you will be on tha wrong side. The Mayor: We shall have no rates in for two months and shall have to do everything out of the overdraft. Tha ooming two monthß is the worst period of the year. I

In reply to the Mayor the town clerk said that there was only £94 outstanding in rates.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19050426.2.15

Bibliographic details

Gisborne Times, Volume XVIII, Issue 1438, 26 April 1905, Page 2

Word Count
416

AN INTERESTING RETURN. Gisborne Times, Volume XVIII, Issue 1438, 26 April 1905, Page 2

AN INTERESTING RETURN. Gisborne Times, Volume XVIII, Issue 1438, 26 April 1905, Page 2

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