BOROUGH RATES.

Hauraki Plains Gazette, Volume XXXIX, Issue 5276, 18 May 1928, Page 2

BOROUGH RATES.

’ INCREASE FOR 1.928-29. TOTAL AMOUNT OF NINEPENCE In connection with the striking of rajeg for: the year 1928-29, the fopowiing statement was presented by the Finance Committee to the Paeroa Borough Council meeting last night: “Rates for 1928-29.—Estimates of income and expenditure in the various accounts are before you to-night, and we recommend that they be approved and notice df intention to strike and collect the following rates be made and given :

“General rate of 3%d, street lighting rate of 9-16 d, hospitaj rate Qf 15>-16d, financial adjustment loan, interest rate of l-16d, sewerage loan interest rate of 2A44, 1920 street improvements loan interest rate of Id, domain improvements loan interest rate d£ l-16d. and £2OOO relief of unemployment loan interest ra.te of %d. Total!, 9d.

“This shows an increase in the total dates; struck of one and three-six-teenths pence 1 3-16 d) over the previous year. The general, lighting, financial adjustment l.oan, and sewerage loan rates remain the same; the domain improvements loan rate shows a decrea.se. of l-16d; but the 1920 st -cet improvements ra.te shows, an incre s", r.s also does the hospital rate. The latter shows an increase of a 4d owing to the larger amount levied for the current year. Provision As also required to collect a, rate on the £2OOO relief, of unemployment loan to meet the interest and sinking fund: on the loan. .

“We recommend that £BOO fibm the water account be transferred., to the general account.’’ ...

The Mayor said that, unfortunately, it had been necessary to increase the ira.tes. The increase, was .mainly due to the additional levy madq by the Thames Hospital Board. Cr. Brenan said he considered that the finance committee had capably framed the estimates and had do’ne it s' best to keep the rates, down to a minimum. However, on principle, he wished to reiterate that in his opinion a rate should be struck for the council chambers loan. !

The Mayor replied that it was not intended to strikci that rate. The usual legal resolution agreeing to approve of the report and estimates and the striking of rates was moved by Cr. Flatt and carried.