It will be satisfactory to learn that the various local bodies will not be left entirely out in the cold, and that a fair provision has been made by the House for them during the current year. The folowing is the clause reviving subsidies, which was introduced by the Government at the last moment, and tacked on to the Appropriation Act: —“ In lieu of sums payable as subsidies to County and Borough Councils, and to Road Boards and River Boards, under section 5 of the Financial Arrangenents Act, 1876, Amendment Act, 1877, there shall be paid out of the Consolidated Fund during the nine months of the current financial year, from the Ist day of April last past to the 31st day of next December, both days inclusive, in respect of all sums received by way of general fates, during the year ending 31st day of March, 1880, the sums following : —(1). To each Borough Council a sum of seven shillings and sixpence for every pound of general rates so received by each such Council. (2). To each Road Board and River Board a sum equal to ten shillings for every pound of general rates so received by each such Board. (3). To each County Council a sum equal to ten shillings for every pound of general rate so received by each such Council, or equal to ten shillings for every pound on the total of sums so received by all Road Boards, or parts of Road Boards within the County, whichever of such two sums is greater ; provided that' in any County where no Road Board exists, or in respect of general rates levied in any part of a County not included in a Road District, there shall be paid to the Council of each such County twenty shillings for each one pound of general rates so received; provided that, for the purposes of this section, no sum shall be deemed to be received by any such Council or Board in excess of the sum receivable on a rate of one shilling in the pound of annual value of rateable property ; and this proviso shall be deemed to have been in operation in any previously existing enactment providing for payment of subsidies “to local bodies.
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https://paperspast.natlib.govt.nz/newspapers/PBS18811005.2.11
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Poverty Bay Standard, Volume IX, Issue 984, 5 October 1881, Page 2
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376Untitled Poverty Bay Standard, Volume IX, Issue 984, 5 October 1881, Page 2
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