TARANAKI COUNTY COUNCIL

Taranaki Daily News, Volume LII, Issue 74, 23 April 1909, Page 4

TARANAKI COUNTY COUNCIL

ESTIMATED REVENUE. ■'"'. -Mr. H. Ellis, the clerk to the Tara- - niki County Council, is now circulating amongst members his estimate of revenue for the present year, ending on | Mst March, 1910. The county started ' the vear with an overdraft of just over ■ • .£4OOO, which reduces to un alarming degree the amount of money which can be said to be available for expenditure without overdraft. Moa riding, capital value .C81G.720. Rate of %d in the t produces £2352, of ( which £2501 is estimated to be eolleetv . able 6y 31st March next. The amount outstanding is estimated to be 2 per cent, of the whole. Other receipts arc estimated to bv:— Licenses £3O, rents £125,. dog-tax £9O, traffic levies £3O, subsidy £246; a total of £3072. Deducting £650 ns the riding's esimated (bare of the cost of administration, the amount available is £2422, less £1220 18s 2d overdrawn on 31st March. Waitara riding, capital value £399,123, producing £1247 from a %d rate, less 4 per cent., or £SO, outstanding on 31st March, £1.197. Dog-tax will produce £65, subsidy £243, royalty £O, Waiwakaiho bridge instalment £100; total estimated revenue. £l6ll. Of this £3lO will, be applied, to the cost of adminisV {.ration, leaving, £l3Ol available, less £B7<H«s -overdrawn on 31st March last. : Omata riding, capital value £530,630. A three-farthings rate is estimated to produce £1677, and of this amount thy county treasurer expects to receive £l6lO by the end of the financial year, leaving 4 per cent, outstanding,- T&i this XWJOinay be added: Licenses £«tT dog-tax *63. subsidy £203, traffic , levies. i£SO, * total of £1976. The riding's share of administration expenses is estimated to be £4lB, leaving available for expenditure on Toads and bridges £1558, were it not for the overdraft of £l9ll 14s on 31st March last. JHurworth riding, capital value £265,767. The three-farthings rate will raise £ B3O, less £25, or a 3 per cent, altowMce for rates outstanding at the end • of the financial year. Other receipts are ■ - estimated as follows:—Dog tax £25 subsidy £360, bringiag the total revenue to £ll9O. The riding's share of the cost of administration is set down at £209, and as the Hurworth riding had . not really been in existence before 31st •March last, it had no overdraft, %o that the balance of £9Bl should 1* available for„expenditure on the roads^