We suppose almost every one has heard of the famed Corporation of the City of Sydney and its financial difficulties. A meeting between the Corporation and the city members was held lately, when it appeared the income of the Corporation is about £57,000 per annum, which leaves only £21,000 for forming and repairing streets. Sea. An income of £IOO,OOO a year is required to enable the Corporation to carry on properly. At present the city liabilities, exclusive of the sewage and water debt, amount to nearly £IBO,OOO, and these must go on increasing unless the revenue be increased. It was resolved to ask permission of Parliament for authority to enforce a lighting rate to the amount of £12,000 ; rates on public buildings equal-to £3500, and a wheel tax to yield £7OOO ; and to ask for a sum of £20,000 on the cstimatos of the colony to relievo the necessities of the Corporation.
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18770712.2.15.1
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New Zealand Times, Volume XXXII, Issue 5086, 12 July 1877, Page 3
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152Page 3 Advertisements Column 1 New Zealand Times, Volume XXXII, Issue 5086, 12 July 1877, Page 3
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