Rate rise for drainage
to Christchurch Drainage ’ •/Board pates will rise 13.5 per ?cent|this year. ■ ■?:■ ? ??•• -.; ££?.Thfe iboard’s . estimated <ex. • spenditiire had: .increased? 14;> ?per cent-oyer last. year;:;sai'd : i-:the chairman of/ the .'esti- ' /Smites; subcommittee, Mr .H,. ~ w. Thompson./ . ’..The hoard had intended to ?go through the estimates sec- - tion by..section, but a -'technical” hitch prevented.this.., ■ The estimates,-. - report, / presented by.-Mr : <-wis approved, almost im*mediately,' ; preventing any,., .close appraisal of the report. ’• tot The. board’s chairman, Mr? J. dcC. Hana fin,'said after , /the meeting that' board ' members .could have,. reo- ? .peneddiscussionsonthe esti-:
mates if they wanted to, but most matters, were, covered iff Mr Thompson’s repbrt. ;>i The rate increase has-been ' Cushioned ; :by $801,740’.-left ‘ over, .from the end', of, the. last ‘-'financial'yeqri ' • ' ' ..This surplus was caused by ■ slower progress tiding -, made'; bn some contract' works and ' an - increase ■ 'in l ■ estimated, credits received. • , --The.: rate. - increase ;-was. .mainly caused by inflation, : the cost of loan servicing, and salary , and wages, said ; Mr. ThQmpson.. ■ . ' .... “ 'A provision has also been’ ; made in./ the estimates? for, s3oQ,oqo for the - Woolstoh Cut/ and $200,000“ for 4 ‘the ; Upper . Dudley .TJreck, ..,diver- : sion scheme. /, ..'?■> 11 -to- '
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Press, 20 May 1981, Page 6
Word Count
190Rate rise for drainage Press, 20 May 1981, Page 6
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