NEW VALUATIONS IN HOROWHENUA

Manawatu Herald, Volume LI, Issue 4495, 23 August 1930, Page 2

NEW VALUATIONS IN HOROWHENUA

R EDUCED BY ABOUT £70,000. Some particulars relating to the revaluation of the Horowhenua County were given at the special meeting of the Council on Thursday, by the County chairman (Mr. G. A. Monk). They showed that a

reduction.- had been effected in the gross values of the two southern ridings, while an increase had been brought about in the two northern ifilings. There has been a nett reduction of about £70,000, and the aggregate valuation of the County is now a little over four and threequarter millions sterling. Tbe meeting was held for the purpose of passing the general estimates. At the annual meeting, in June, the public works estimates were agreed to but the other estimates were held over pending the re-valuation, until the completion of which the Council was not in a position to strike the rates for the year ending March 31st next.

The chairman said it appeared from the effect of the re-valuation that the Otaki and Te Horn ridings had been very much overloaded in the past, while the Whirokino and To Iloro ridings had not been overvalued. There would he some object ions to the valuations and probably some reductions, but generally it seemed that the two southern .filings, in which there was a con-.-filerable amount of hill country, had been very much over-valued, and for Ihe last ten years the general expenditure of the County had had to take its share of that. Objections were now being called for in the Whirokino riding,.and he belie veil that (here would lie some object in ns.

Ur. Gimbletf: They have run out of forms al the Posl Office.

The chairman: That is to he, deplored. too. Continuing, the chairman stated that the total valuation of the '.'utility was no! greatly altered. Comparing 1.1)20-30 with 1030-31, llie difference was less than £IOO,000: l.iil it was found that the Oi-a.ki riding was reduced by £11.1,003 and the Te Iloro riding by £134,057. In the Tokomam riding there was an increase of £70,428 ami in I he Whirokino riding of £97.0.')7. Tokomam riding slip wed the greater rise, because in the Wihirokino riding there was the addition for rating of the C.D. Farm settlement. Of the total valuation of the County, To'komaru showed an increase from 27 to 29 per cent.. Whirokino an increase from 30 to 12 per cent., Otaki a decrease from It. to 13 per cent., and Te Horn a decrease from 18 to lfi per cent. The total valuation was £4,784,530. The Chairman added that these were only provisional values.