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TIMARU HARBOUR BOARD

STATE OF THE FINANCES.

(lit TBUBRAPB.—HtBSS ASSOCIATION.;

TIMARU, 25th February. At the Timaru Harbour Board the chairman reviewed the state of the finances.

Last year's operations, be said, resulted in a debit of £3000, and this year will probably see it doubled, unless an increase of revenue is somehow provided-. Th© dues on exports would be less, as the meat stores were empty. It being hopeless to look to loa.n money, he suggested increasing ail port charges. Other members opposed increasing the harbour rates. '

Dredging is costing over £8000 a year, ' and, as the channel is in goodl order, it was decided to lay up the dredge-. A special meeting will be held on 4th March to discuss finance.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19210226.2.95

Bibliographic details

Evening Post, Volume CI, Issue 49, 26 February 1921, Page 9

Word Count
122

TIMARU HARBOUR BOARD Evening Post, Volume CI, Issue 49, 26 February 1921, Page 9

TIMARU HARBOUR BOARD Evening Post, Volume CI, Issue 49, 26 February 1921, Page 9