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CAMBRIDGE FINANCES.

IN A HEALTHY STATE. (By Telegraph.—Own Correspondent.) CAMBRIDGE, this day. The monthly meeting of the Cambridge Borough Council was held last evening in the Council Cliambera, the Mayor, Mr. C. H. Priestly, presiding-. j The borough treasurer presented a com- ! prehensive report of the council's halfyearly workings, showing that the borough's financial position was much more sa-tisfactory for the period than for many yeara past. The ! general account showed that the estiI mated expenditure had been underspent to the amount of £539 3/9. Notwithstanding the rigid economy practised during the last six months, all the departmente of the council were in a healthy state. The labilities for the next half-yearly period amount to £63C2. The treasurer confidently expects the period to end with the council having" , £498 in hand. This is the first year the council has not been ass : ated by loan moneys. Councillors paid a tribute to the Mayor, treasurer, and foreman for the splendid position of the borough in contrast with previous years.

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https://paperspast.natlib.govt.nz/newspapers/AS19241018.2.96

Bibliographic details

Auckland Star, Volume LV, Issue 248, 18 October 1924, Page 12

Word Count
168

CAMBRIDGE FINANCES. Auckland Star, Volume LV, Issue 248, 18 October 1924, Page 12

CAMBRIDGE FINANCES. Auckland Star, Volume LV, Issue 248, 18 October 1924, Page 12