WELLINGTON MUNICIPAL MATTERS

Bush Advocate, Volume XXI, Issue 290, 11 June 1909, Page 5

WELLINGTON MUNICIPAL MATTERS

_ — . — ♦ [PBEBS ASSOCIATION.] WELLINGTON, to-day. Ex-Mayor Hislop and the present Mayor (Dr Newman) are engaged in a verbal duel about last year's financing 1 . At last night's meeting of the Council, Dr Newman said the Council could not 6hut its eyes to facts, however ugly, but must work so that finances must be put on sound business lines. He then mentioned that the overdraft on 31st March was over £45^000, and a loan of £15,QD0 raised for abattoirs had been diverted to repayment of an old loan under another head. The large overdraft is explained by the Council pushing on with expenditure on works, in spite of the ratepayers' rejection of loan proposals last February. Mr Hislop declares the abattoir loan was not diverted, and the matter is still under dispute. The city's revenue on the general^ account for the current year is estimated at £142,627, and the expenditure £141,497.