MASTERTON RATES

Dominion, Volume 30, Issue 175, 21 April 1937, Page 12

MASTERTON RATES

Likelihood of Increase Next Year Dominion Special Service. Masterton, April 20. Masterton ratepayers will have to dip more deeply in their pockets next time the rate demaiftls are issued, according to an announcement made by the mayor. .Mr. T. Jordan, at to-night’s meeting of the borough council. The mayor said he could not hold out any hopes of rates being reduced next year, but on the contrary he thought there was every prospect of them being increased. In a statement on the rate position the mayor said that for the year 1936-37 the rates struck amounted to £30,154/10/7, as compared with £25,676/18/7 for the year 1935-36. Five per cent, discount involved the sum of £1166/19/10, as compared with £982/0/4 for tht previous vear. making the sum to be collected £27.853/15/10, as against £24,694/18/3. Rates remitted and written off amounted this year to £59/16/1, compared with £26/5/6 last year, and the sum outstanding at March* 31 of this year was £1073 18/10. Last year the comparative figure was £958/7/5. The percentage of rates collected, therefore, for both periods was 96. Outstanding rates for the year 1930-36 36 amounted to £957/7/5, and those collected during the following year totalled £574/12/7. “At the end of March this year there, was a credit bank balance of £1954/2/7. the figure at the same time last year being £2256/8/10.