FINANCES OF NEWMARKET.
The Borough of were Tevi f "; d ,'Svor' llr. s. Donaldson, it. H. Wilson. £ increase of £-3660 in valuation fo coming year raised the total to> £89,-10. At March 31 the boroug s V - oe totalled £141,592, from which had deducted £12,333 in the hands o sinking fund commissioners. T P centage of indebtedness tr capital valua tion was 7.93. + rt *«Hpd The assets of the council totalle £6914, of which the principal rates. £4093. Liabilities amounted to £6745. of which temporary loans, ling £4200, were the outstanding ■ • Assets exceeded liabilities bv — > pared with the deficit of £902 J at the end of last year. The consolidated rate struck during the year was £•, ' . of this £13.364 was collected. R • struck totalled £23,333, an was collected. , on - n __ pre Securities to the value of — purchased during the year, an , d ,. awaited investment at the enc , vear. The value of securities at P r * held was £9250, the total annual mte est being £521. , , r New buildings erected during the J . • were valued at £26,033, a decrease ot £6151 compared with last year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19300501.2.111
Bibliographic details
Auckland Star, Volume LXI, Issue 101, 1 May 1930, Page 11
Word Count
184FINANCES OF NEWMARKET. Auckland Star, Volume LXI, Issue 101, 1 May 1930, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in