Expected Reduction of Properly Tax.
The Colonial Treasurer anticipates being ablo to provide for the interest on the new loan without any increase of taxation ; indeed, it is expected that tlioro will be some slight relicf — probably ■ a reduction of the the property tax from 3s 4d to Is 2d, and reduction of a few items. in the Customs. Tho Treasurer will have a surplus of £240,0.00 with which to -commence the year. On 31st March there was a balance of £900,000 to credit of Public Works account. This will bo amply sufficient to carry on with 'and to prevent any check till tho new loan is received.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/BOPT18820517.2.11
Bibliographic details
Bay of Plenty Times, Volume XI, Issue 1273, 17 May 1882, Page 2
Word Count
108Expected Reduction of Properly Tax. Bay of Plenty Times, Volume XI, Issue 1273, 17 May 1882, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in