PETONE REVALUATION

Dominion, Volume 31, Issue 128, 24 February 1938, Page 15

PETONE REVALUATION

Possible Effect On Hospital Rate The revaluation of Petone is proceeding, and hopes are entertained that there will be a reduction of capital value, as was the case with Wellington. In that event the total of the hospital levy on the borough will be lessened proportionately. Some time ago -Mr. H. Firth, town clerk of Petone, prepared a table which detailed the increased costs to contributing bodies consequent on the rise for 1930-37 of £17,994 in the total hospital levy as compared with 1935-36. This table shows that, whereas Wellington city was making a saving of £3O-91 in the levy payable bn the increase on the basis of the -previous year’s valuation, the other contributing bodies, including Petone, were to the bad to a total extent that offset the loss to hospital revenue by the saving to Wellington. The details, giving the local body, increase in levy for 1936-37, 'increase on basis of the previous year’s valuation, and saving or loss, were:—Wellington city, £10.909 (19.077 per cent.), £14,000. £3091 saving; Hutt county, £l5BB (44.087), £937. £750 loss; Makara county, £507 (43.772), £340, £267 loss; Lower Hutt, £2366 (42.333), £l36s, £997 loss; Petone, £1516 (44.578), £833, £683 loss; Eastbourne, £357 (43.711). £2OO, £157 loss; Johnsonville, £174 (44.304), £96, £77 loss; Upper Hutt, £372 (42.242), £216, £156 loss.