HIGHWAYS MAINTENANCE
ALLOCATING THE PETROL TAX. THE VARIOUS PROPORTIONS. In the opinion of the Main Highways Board a number of local bodies appear to have gained the impression that because of the introduction of the petrol, tax the board is in a) position to grant increases in man(y cases towards the cost of. constructing, reconstructing, and maintaining the present system of 6000 1 milep of highway. Far general information the board .has therefore circularised all. local bodies, advising that tbe revenue derived from the petrol tax aipport’oned approximately as follows : Would be apportioned approximately as follows:—
“Eight per cent, will be paid direct from the Consolidated Fund to the cities and the larger boroughs on a population basis. The Main Highways Board has no control over this sum. The balance of 92 per cent., will be paid to the Main Highways Revenue Account, and will be distributed as follows : 24 per cent, towards the maintenance of the present highway system ; 25 per cent, on) a suggested total of 3000 miles of additional highway; 12% per cent, to pay sinking fund and interest to pay off loans ra’sed. under the Main Highways Act in about 15 years ; 4 per cent, to the small boroughs ; 25 per cent, to the main highways adjacent to the large centres of population. “The above percentages are at the discretion of the Main) Highways Board, and it is more than likely that circumstances will require certain variations in them frrim time to timfe, particularly if the amount of petrol tax received does not come up to the board’s estimates.”
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Hauraki Plains Gazette, Volume XXXIX, Issue 5230, 23 January 1928, Page 2
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263HIGHWAYS MAINTENANCE Hauraki Plains Gazette, Volume XXXIX, Issue 5230, 23 January 1928, Page 2
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