BOROUGH FINANCES.

Manawatu Herald, Volume XXIX, Issue 3762, 9 April 1907, Page 3

BOROUGH FINANCES.

Treasurer’s Report.

The; Treasurer reported at, last night’s Council meeting that since the last monthly meeting ,of the Council the sum of 18s yd has been paid, into the District Fund Account, T and_ the balance to the credit of the Council, this, day was various separate . accounts are as follows: General account .£43,1 is idd, overdrawn; 'library account 14s 1 id, reserves account 13s 1 id, cemetery account’ 5s rod, interest account os 3d, all in credit. , , .

I am so far, advanced' with my annual balance .sheet that- I am able to give the matin points of same' to the Council to-night, as follows : The total receipts for the year in the - 1 general - ’account are -£■14.79 18s-fed. ' The -’principal ■'iteius received are, rates £)ot t is licenses: £2o6'' ios, - Gbvefrhmeh't subsidy £124 ns lodi i9S, ; fefund‘lidenses •£B6‘ Bs''fd‘j buiMihg-dog,daX-j£2'3. isJ The chief items of Expenditure‘ire roads and Streets ■•£754 'Bs 2d, Cdmicil , : rod,,,salaries arid office '-'expenses. .£lO3 6s. rod,. Gray St.. coppensatian , £B3 ,17s 3d, printing , and advertisingrp£66 X2S, licensing expenses £4g. : ißs sd,'; street’ .lighting, £ss iSA.jfd, Ta.lmerstbh 'Hospital .£s6, . i ?s, ranging £2 2 3s, 6d’The .total,expenditure was £1495 9s id. library account total receipt £lls 19s, id, principal, items rates £33 9s 2d, Government subsidy £l2 , iqs 9<i, subscriptions £l4 12s 6d, total expenses £ 108 4s 2d, principal items (shelving ’and fittings) £53 16s, new books and magazines £23 6s 3d, firing and lighting £l4 17s 3d, painting and lighting £l. Cemetery account, total receipts £32, all payments for sites. Total expenditure £26 14s 2d, chief items salaries .£ls* grass cutting £7 Bs. .1 Reserves account, total receipts ,£240 3s 1 id, all for rents; total expenditure £35 1 os, chief items shelter shed ,£ls 10s, secretary £lO, part cost draining £lO. Interest account, total receipts .£296 13s gd, allfrom rates. Total expenditure ,£lßl 13s 6d being interest paid Government. Total receipts from all sources £2084 19s 4d. Total expenditure all accounts ,£1837 4s gd, leaving a credit balance in the. bank at the end of year of ,£247 14s 7d. Although I have not yet had time to go thoroughly into the matter, I may state that the special rates next year will be reduced considerably, perhaps by one-third.