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A CITY'S FINANCES.

[BT TSLEGP.AFH. — PUESS ASSOCIATION.] DUNEDIN, This Day. Councillor B. Small, chairman of the Finance Committee, in a comprehensive report on ihe city trading investments, advocates setting aside adequate sinking and depreciation funds, which i& not now done, for trams, electric power, and the wator and gas departments. There should bo at least £30,000 per annum. He estimates this will leave a. net profit of £15,000. Tho total loan indebtsdness for the city trading departments is £880,213.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19080222.2.46

Bibliographic details

Evening Post, Volume LXXV, Issue 45, 22 February 1908, Page 5

Word Count
79

A CITY'S FINANCES. Evening Post, Volume LXXV, Issue 45, 22 February 1908, Page 5

A CITY'S FINANCES. Evening Post, Volume LXXV, Issue 45, 22 February 1908, Page 5