ASHBURTON BOROUGH COUNCIL.
A special meeting of the Borough Council was held on Tuesday at three o’clock at the Council Chambers. There wore present —His Worship the Mayor (presiding),' Messrs. Robinson, Friedlander, Saunders, Orr, and St. Hill. The Mayor, in opening the business, said the meeting was called under section 133 of the Municipal Corporations Act, to receive the annual balance sheet of the Corporation and the report by the auditors; and also to open and consider tenders for the metalling, etc., of East street, Tailored street went, and part of Alford Forest road.
The Clerk read the balance sheet and auditors’ report as under : Statement of Receipts and Expenditure for Year ending 31st March. RECEIPTS.
£s. d. £ s. d. Balance in Bank at Ist April 1879 16J 11 7 Ashburton County Council refund Water Supply .. ... 4357 : 9 4 Ashburton Road Board—Rents and Rales 621 9 6 Rates, 1877-187 S perj. E. Buchanan 19 16 o Do. 1879, £737 Ss., less commission, j£i7 7s- 34- ••• 719 17 9 Do. do., A 343 195., less commission Al2 15s. lod. 336 3 2 Do., 1880 507 5 6
Licenses, Carriages, Drivers, and Dogs ... ... ... ... 15° 18 6 Do., per Collector of Customs... 384 15 o Rents ... ... ... ... 86 18 3 Wakanui Road Board, half
subsidy... ... ... ... 19 9 5 Refund from Roan Board on fur-
niation 176 17 2 Do., Ashburton County Council Planting ... ... ... 101 10 7 Associated Insurance Companies, Fire brigade ;.. ... ... 40 15 o Culverts ... 47 12 6 Sundry Receipts, Scavcngering, Sale of Earth, &c. ... ... 32 I 9 Bank overdraft, this date ... 257 iS 3 EXPENDITURE. £ s. cl. £ s. d. Formation ... ... ... 2530 2 10 Water Supply ... ... ... 4280 10 10 Office charges— Salaiies ... ... 372 14 2 Printing and Advertising ... 166 3 7 Petty Cash ... 17 19 5 Charges 205 7 4 Rent of Offices 14 o o Office Furniture 14 16 3 Insurance ... 1 5 3 Bye-Laws ... 21 o o ’■; 813 6 o Fire Prevention ... ... ... 95 o 6 Lighting 160 18 7 Nuisances 24 17 11 Valuation of Borough 90 o o Other Expenses, Sundries... ... 36 2 7 /8030 19 3 Statement op Assets and Liabilities, 31st March. ASSETS. £ s. d. Borough Rate (general) ISSO ... 616 o 3 Do. do. do. 1879 ... 46 3 o Subsidy Longbeach Road Board 40 o o Half do., Wakanui do. ... 19 9 5 Water Pipes on hand ... ... 4250 o o Arrears on Earth sold ... ... 413 o Do. Culverts ... ... ... 16 10 o Do. Rent of Cottages... ... 63 o o Do. Sale of Cottage ... ... 200 £5°S7 15 8 LIABILITIES. £ s. d. Bank Overdraft 257 18 3 Fire Brigade ... ... ... 25 o o Balance Assets in excess of Liabilities ■ 4774 17 5 £S°s7 15 § Auditors Report. —ln presenting the Annual Balance Sheet, we have to congratulate the Borough on the improvement in its financial position on the previous year, there being at the present audit a considerable excess of assets over the liabilities. We have also to bear testimony to the very satisfactory way in which the books and accounts have y been kept. W. H. Gundry, W. H. Zouch, auditors.— Ashburton, May Ist, 1880. Mr. St. Hill pointed out that the L 5,000 County grant for water supply was not shown in the balance-sheet as an asset. The amount expended for pipes from that grant was shown, but there was no trace of where the money came from, nor what had become of the balance unexpended. His Worship explained that though the L 5,000 belonged to the Borough for purposes of water supply, it was not really an asset until the work had been done, and the money paid over by the County, which it could be only by the Chairman of the County and the Mayor of the Borough, and when works within the scope of the purpose for which the money was voted had been undertaken.
Mr. St. Hill moved the adoption of the report, remarking that the financial position of the Borough was pre-eminently satisfactory. Mr. Saunders, in seconding the motion, said it seemed to him that something should be said regarding the happy state of financial affairs now existing. It had been the object of the Council all along to make both ends meet. They had had in the past very great difficulty in doing so, and not infrequently the honor of their cheques had been in danger. They were now not only able to make both ends meet, but they found themselves well in credit. While this flattering state of
things existed he could not help Rearing testimony to the carefulness and ability displayed by Mr. Braddell, Town Clerk, in his keeping of the books and accounts, the compliment paid to him by the auditors on this head being no empty one. He had as great pleasure in making these remarks regarding the keeping of the accounts as he had in possessing the knowledge that there would be now no fear of any threat being given that their cheques would be dishonored. After a few remarks in a similar strain from the Mayor, the report and balancesheet were adopted. TENDERS. Tenders were then opened for the metalling of East street, Tancred street west, and Alford Forest road, as follows ; —John Black, Is. lid. per yard ; John Dick. Is. 4gd. per yard; W. J. Silcock, Is. 7d. per yard. There were three informal tenders :—Patrick Paterson, Hid. per yard; John Griffin, Is. ; and Fitzpatrick and Giles, Is. 3kl. The informal tenderers neglected to state how much metal per day they would be prepared to put through. The tender of Mr. John Black was accepted.
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