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Sport grant falls

The Ministry of Recreation j and Sport has allocated] $34,169 to the Waimairi ] County Council. Councillors at a meeting of the finance and by-laws committee were told in their report that the amount was calculated at 50c a head. The actual sum was about $BOO less than last year as a result of a recent census. Inflation had eroded the amount still further, said Cr A. A. Adcock. He said that “the rather i

'savage slash last year has ■ been re-ained this year.” The i county was receiving consideraby less than two years ago ant a levy of 70c a head was meded for recreation i purposts, he said. ; Courcillors later decided to ncommend that an interes rate of 6.25 per cent ■ be charged on loans to sports ! organsations. | “Spirts organisations are lentitld to special rates of |interst. The present bank i rate s 7.25 per cent,” said i the nport.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19770609.2.78

Bibliographic details

Press, 9 June 1977, Page 7

Word Count
154

Sport grant falls Press, 9 June 1977, Page 7

Sport grant falls Press, 9 June 1977, Page 7

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