MUNICIPAL FINANCES

Wairarapa Age, Volume XXXII, Issue 3166, 17 April 1909, Page 5

MUNICIPAL FINANCES

THE £25,000 LOAN. DETAILS OF THE EXPENDITURE. Through the courtesy of the Masterton Borough Treasurer (Mr W. T. Mansfield) we are able to publish the following details of the transactions during the past year relating to the £25,000 Loan:—

This figure is arrived at by taking the balances at the end of the year, and the amounts lifted in July last. The whole of the £25,000 has now been lifted. It should be borne in mind that £4,000 of the £25,000 was for the purposes of the gas undertaking. Details of works operated upon since the Ist April, 1908, and in course'of construction. (The Maj or will be familiar with such of tha works as are complete). Bentley street, kerb channel and footpath one side £l3B Hall street and Lincoln road, kerb channel and tarpath (in part), whole cost £1,508 Pine street, kerb channel and tar-path (in part), whole cost £1.454 Queen street, Queen's Hotel to Kuripuni, tar-path, kerb-channel and chipping path (in part), whole cost * £4OO Villa street south, kerb channel and path (one side only), whole cost £B2 Villa street north, kerb channel and path (one side only), whole, cost £173 Bentlay ( street> road formed iff part £23 Lincoln road, graded, metalled, and consolidated, whole cost £1,014 Pine and Perry street, graded, metalled and consolidated, whole cost £3Bl

(Note). The operations upon Perry and Pine street were limited to grading and metalling thehaunches. See vmy report advising a re-coating and ' {consolidation of the whole surface. Villa street, road metalled in part, whole cost £9B Donald street, part graded, formed and metalled, whole cost £3lO Kuripuni street, widened, formed, metalled and pathed (in course of completion), whole cost £SOB Queen street, tarmac (nearly completed), whole cost £1,517 Villa street north, widened > (in part), whole cost £B7 Stop bank at Park, whole cost £B2 Makora road extension, formed, metalled and pathed (nearly complete), whole cost £156 Note.—Some portions of the expenditure do not properly • belong to 1908-9 —the figures represent full cost. RECEIPTS AND PAYMENTS. The following is a statement of receipts and payments down to the 31st day of March, 1909 "purpose. RECEIPTS.

BALANCES. At 1st April, At 31st March, 1908. Schedule. 1909. £ s. d. £ s. d. 1,898 1 7 A 107 15 7 2,042 0 0 B 35 19 0 1,996 3 1 C 307 13 8 1,341 0 0 D 476 13 6 115 0 0 E *7,392 5 5 928 £1 9 Expenditure during year £6,464 3a 8d

Estimated £. Arrears of rates 912 Subsidies 450 Rents 165 Fees 700 Fir6i Brigade Legal Office Public Health Parks Pound Sanitation Street maintenance Stables Baths Unauthorised sec. 159 Tarmac 2440 Material 1000 Rates 5053 Actual. £, s. d. \ 46 13 7 > 785 14 5 351 8 3 147 17 8 937 15 1 5 17 7 72 15 2 8 12 11 30 0 0 125 4 1 2 17 3 153 0 0 291 14 9 34 14 6 ■ 49 11 5 4 13 6 2818 11 7 316 10 5 4884 2 11 Totals 10720 11067 15 1 Deposits 509 13 Waterworks revenue 3371 19 Library revenue 266 1 Gasworks revenue 11306 14 Abattoir revenue 1329 7 Drainage Loan 478 596 15 Bannister street 120 171 13 £25000 Loan 1500 1724 14 PURPOSE. PAYMENTS Estimated. Actual £. £. s. Rents 115 P Refunds 16 6 Aduit 22 23 6 Interest on Overdraft 300 343 0 Fire Brigade 633 508 16 Hospitals and C. 8 5 8 9 4 4 4 11 d. 6 3 8 3 5

Aid 581 359 19 8 Legal 87 174 6 2 Office 137 389 12 7 Salaries of officers b07 734 10 5 Public Health 200 170 0 8 Parks 398 435 10 10 Elections 70 64 0 9 Pound \ 100 (127 1 1 Dogs ) I 15 5 9 Licensing 100 70 13 0 technical School 25 25 0 0 Scavenging 300 324 12 4 Sanitation 500 1100 14 7 Street lighting 700 303 1 3 Street maintenance 1700 1581 15 1 Stables 450 326 11 4 New stables 300 309 15 0 Dixon street widening 100 128 6 3 Baths 150 . 96 7 1

Unauthorised sec. 159 60 69 0 3 Tarmac 2000 2331 6 6 Material 1000 293 3 6 Totals 10720 10437 4 2 Deposits 342 3 8 Waterworks rev. 2313 5 3 Library 141 272 8 8 Gasworks rev. 11628 5 3 Abattoir rev. 1201 6 1 Drainage Loan 478 479 11 4 Bannister street 120 120 13 2 £25000 Loan 1500 1360 0 8