HAMILTON FINANCE
ACCOUNTS REVIEWED tags to balance sheet (From Our Own Correspondent) HAMILTON, To-day. The following tags have been affixed the Hamilton Borough balance sheet b y the Auditor-General: “Audit officer having examined the balance sheet ar ‘d accompanying accounts, required ky law to be audited, certifies the same to b © correct subject to the f olid wing exceptions: The water rates have not keen levied in accordance with protons of the Municipal Corporations Act * 1920. There is no statutory au thority for the investment of a porfi°n of the fire insurance funds in the council's own debentures —this matter »has now been adjusted. As no charge £or depreciation has been made in the oalance to the credit of the profit and account of the gas undertaking, it 4 * held, to that extent, to be overstated. * of £225 was paid by the council 4 Wetherington s Ltd., as compensation i/n t * le surre nder of a lease which, * .from the lessees’ statement * ctß « appears to have had no market
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19271122.2.78
Bibliographic details
Sun (Auckland), Volume I, Issue 208, 22 November 1927, Page 11
Word Count
169HAMILTON FINANCE Sun (Auckland), Volume I, Issue 208, 22 November 1927, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in