MUNICIPAL FINANCE.
UNBUSINESSLIKE METHODS. Per Press Association. Dunedin, February 22. Cr. Small. chariman of the Finance Committee, in a comprehensive report on the city trading investments, advocates setting aside adequate sinking and depreciation funds which is not now done, for the trams, electric power, water and gas departments. There should bo set aside at least £30,000 per annum he esfcimat a, and this will leave a net profit of £15,000. The total loan iudebtness for the city trading departments is £880,213.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9081, 22 February 1908, Page 4
Word Count
81MUNICIPAL FINANCE. Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9081, 22 February 1908, Page 4
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