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ROADS BOARD’S YEAR

Interim Financial Statement

(New Zealand Press Association) WELLINGTON, April 11. Provisional figures for the year ended March 31 with further expenditure yet to come to charge, show that the National Roads Board spent £22,661,568, compared with £22,170,146 at the same date last year.

The interim statement submitted to the board’s meeting today showed that more was received from petrol tax, £16,095,220

against £ 15,302,333 in 1955-56. Petrol rebates were steady at £2,376,596. Most other receipts showed little variation. Registration and licence fees (£2,218,208) and heavy traffic fees (£2,225,195), however, were slightly up on last year. The contribution from the Consolidated Fund was unchanged at £1,000,000. Bridge renewals were the third biggest item of expenditure in the highway construction figure. They totalled £7,745,485, about £250,000 higher than the year before. Besides this, new bridging took £325,571. Principal items of expenditure were highways construction, £9,744,384 (£7,555,380) and highways maintenance, £4,712,970 (£3,687,447).

Ministry of Works administration is given at £1,057,056, against £875,805 for the 1955-56 year.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19570412.2.146

Bibliographic details

Press, Volume XCV, Issue 28251, 12 April 1957, Page 14

Word Count
165

ROADS BOARD’S YEAR Press, Volume XCV, Issue 28251, 12 April 1957, Page 14

ROADS BOARD’S YEAR Press, Volume XCV, Issue 28251, 12 April 1957, Page 14

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