BOROUGH FINANCES

Manawatu Herald, Volume XXXII, Issue 814, 15 March 1910, Page 3

BOROUGH FINANCES

At last night’s Council meeting the Borough Treasurer reported as follows :—Since the last monthly meeting of the Council ,£95 14s qd has been paid into the District Fund Account and £6 10s into the Cemetery Account. The balance to the credit of each account at the Bank of New Zealand is, District Fund ,£244 2s 6d, Cemetery various separate accounts are as follows: —General account, ,£159 10s; cemetery account, £l2 14s 6d ; and interest account, ,£6O 14s 2d all in credit. Library account, £s2 14s 3d ; reserves account, £2B 2s ?d ; and sanitation account, ,£3 iSs 3d all at debit. This is the last ordinary meeting in the present financial year and I am pleased to say that there is every prospect of starting the next year with a small credit balance. The total receipts to date are ,£3104 16s lid including two loans totalling £665, and the expenditure totals ,£3007 los icd, leaving a credit balance of £q-j 6s id. Against this there is a liability to Mr H. W. Climie of £B9 ss, making the net credit £S is id and I hope to increase this amount before the end of the month. In order to comply \\dth the requirements of the Audit Office it will be necessary to vote from general accounts the amounts that are short in library, reserves and sanitation accounts. This money can be voted back to general account when these accounts are again in credit. —The report was adopted.