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CITY COUNCIL RENTS

DEFALCATIONS IN SYDNEY

LOOSE .METHODS CRITICISED

(Received 26th January, 1 p.m.) SYDNEY, This Day. The Sydney Gity Council recently ordered an inquiry into defalcations amounting to £2000 in rent collections. The council owns considerable property. The Town has now received a report, revealing the loes of £2000 in rents for 1930, and making a scathing criticism of the Joose methods adopted in the control of the city's assets. It is pointed out that £200,000 loss represents the slump in rental values of the council's properties, which include a number of hotels and'business sites. •

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310126.2.71

Bibliographic details

Evening Post, Volume CXI, Issue 21, 26 January 1931, Page 9

Word Count
96

CITY COUNCIL RENTS Evening Post, Volume CXI, Issue 21, 26 January 1931, Page 9

CITY COUNCIL RENTS Evening Post, Volume CXI, Issue 21, 26 January 1931, Page 9