LOCAL-BODY DEBT
TAXES NEARLY TREBLED INCREASE SINCE WAR In 1913-14 the local body taxation was £J 18s a head and in 1925-26 it was £3 38s Sd. I)r. E. P. Neale, lecturing on “New Zealand Public Finance” at the Leys Institute on Saturday evening, pointed out that the local body debt had doubled in six years and was now about three times the pre-war figure. Most of *the increase in public debt was owing on hydro-electric works, roads, harbours and such development^
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Sun (Auckland), Volume I, Issue 123, 15 August 1927, Page 10
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82LOCAL-BODY DEBT Sun (Auckland), Volume I, Issue 123, 15 August 1927, Page 10
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