Page 15 Advertisements Column 3

Waimarino Bulletin, Volume 1, Issue 2, 14 June 1983, Page 15

BOROUGH OF OHAKUNE Statement of payments and related sources of funds applied for the year ended 31 March 1982 During the year the Council made payments as follows: Actual Estimate Actual 1981 1982 1982 $ $ $ General Activities: 111,991 Administration & Central Services 117,900 172,460 66,365 Roading 160,600 87,877 27,308 Drainage & Sanitation 24,237 31,247 19,728 Water Supply 18,000 43,354 36,847 Recreational & Cultural 44,250 58,108 45,396 Parks & Reserves - PEP Scheme — 36,001 58,072 Baths Improvements — — 13,277 • Housing & Property 18,125 15,710 2,139 Cemeteries & Crematoria 2,000 1,514 33,687 Motor Camp 41,000 63,767 4,697 Private Works 6,750 8,122 6,202 Rates to Other Local Authorities 6,412 13,152 16,908 Deposits Refunded — 9,902 $442,617 Total payments during the year $439,274 $541,214 This expenditure was financed by: Receipts: 185,731 Rates 212,369 210,864 6,639 Petroleum Tax 6,500 8,063 95,722 Government Subsidies and Grants 106,070 88,464 120,977 Licence Fees and Other Charges 87,735 120,462 11,304 Private Works 12,700 16,311 9,340 Sale of Assets — — 10,640 Deposits, received by Council — 4,935 Funds Applied 150 Loan funds — 28,885 20,050 Special funds 7,900 34,090 $460,553 $433,274 $512,074 Plus a decrease in general funds calculated as follows: Balances 31 March -1982 — 5,040 Dr (17,936) Plus Balances 1 April 1981 — 24,100 Cr $ 6,000 $ 29,140 Dr 442,617 Payments as above 439,274 541,214 Statement of funds held at 31st March 1982 General Funds $ 5,040 Dr Loan Funds $ 1,547 Special Funds $ 37,619 Trust and Bequest Funds $ 108 $ 34,234 Statement of money owing at 31st March 1982 Debtors owed to the Council (for all classes of debts due) $ 28,513 The Council owed to trade & sundry creditors (for all amounts payable) $ 29,341 Public Debt (Loans) Gross Public Debt $349,812 Less Sinking Funds held $ 43,417 Public Debt net of Sinking Funds $306,395 Less Public Debt related to: Electricity Loans taken over by King Country Electric Power Board $ 16,258 Net Public Debt $290,137 Note on Accounting Policy These financial statements have been prepared on the basis of receipts and payments with incoming money being recognised when it is received by the Council and outgoing money being brought to charge when payment is made. C.W.'Turner Treasurer