REVALUATION EFFECT.
ONE TREE HILL POSITION.
The effect of the recent lower valuation of the borough of One Tree Hill was reflected at last night's meeting of the council when the Auckland Metropolitan Fire Board advised that the council's levy for the present year was £701 IS/H, as against £843 2/4 for the previous year, a reduction of £81. Advice was received qlso from the Auckland and Suburban Drainage Board that the levy would be £153*2 10/3, as compared with £1723 12/1 for the.previouk year, a reduction of £191. "Had the borough not been revalued there would have been an Increase in the levies," said the Mayor, Mr. I. J. (Joldstine. "We are very lucky this year." . ; The town clerk, Mr. A. Leese, contended that the borough , had been valued at much too high a level before, the values being fixed on the fictitious lionm prices of 1930. "Since then we have been paying on excess values," he na id. "It is now on a sound basis."
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Bibliographic details
Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 27
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167REVALUATION EFFECT. Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 27
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