BOROUGH FINANCES

Taranaki Daily News, Volume LIII, Issue 225, 17 January 1911, Page 3

BOROUGH FINANCES

At the meeting of the council last night the town clerk laid on tlie table a return of the estimated receipts anu expenditure for the yoar ending March 31, 1011, and the actual receipts and' expenditure for the nine months endiii" 1 December 31, 1910. RECEIPTS. The total estimated receipts for the twelve months are £10,047, and the actual expenses for the nine months' period were £15,372 Sis Gd; the estimated Dr. balance to Revenue Account, 31/3/11, is £lG7(j, bringing the total for the 12 months to £18,023. The following were the actual receipts for nine months from the principal sources of revenue: Government subsidy, £343 2s; licenses, £930" 19s Id; re-imbursements, £468 2s 7d; general, £13,629 19s lOd, including Fire Board, £105; electric light, £4OGG Us Od; special rate, £4015 Is 2d; water rate, Gd in £, £774 12s 7d; extra water supplies, £1592 13s 4d; general rate, £2883 19s 4d. EXPENDITURE. Total estimated for office, £801; actual (nine months), £SSB 17s Id (salaries £3Ol 10s, mayor £SO, advertising, printing, etc., £137 10s, audit £23, sundries £IG 17s Id). Streets.—Total estimate, £4475; actual, tone months, £3OIB 4s sd. Reserves.—Total estimate £230; actual, nine months, £l9O 8s 5d (upkeep £I2S 19s Gd, town hall £O7 8s lid). Subsidies.—Total estimate £1087: aitual, nine months, £7Ol Gs (Hospital Board £2i3 19s Gd, Fire Board £154 0s Gd, Recreation Grounds Board £ll2 10s,_ library £l5O, Western Park Board £37 10s, band £B, promoting technical classes £25).

General.—Sundries, total £IOO. actnai £3lO 14s 2d; bank interest and charges. £225 19s 10(1; interest on loans and sinking fund (£SOOO, less £1322 included in electric light), £4278—£4218 7s 4d; electric light (including interest on £1322 9s), £5000—£3308 10s; drain£9so—£72B 2s Od. Grand totals, £lB--3 —£15,372 3s Gd (includin" cr, balance to 31/12/10, £370 10s Dd). SEPARATE ACCOUNTS. The receipts and expenditure were as follow: Abattoir, receipts £llß4 8s Sd expenditure £1039 7s; advances Powderliam street loan, £2000—£2000; advances Gill street loan, £Boo £800; advances electric light, £1000—£400; contractors' deposits, £G3 15s—£191 15s; cemetery, £133 4s 3d—£l2l 3s 4dlibrary, £235 195—£213 13swd. Total receipts, £5417 0s lid; expenditure, £4<(!4-18s lid, leaving a cr. balance on 31/12/10 of £052 8s lid.