MAIN HIGHWAYS
ALLOCATION OF FINANCE
(By Telegraph—Press Association.)
CHRISTCHURCH, September 23i
How closely the proportions of expenditure on State highways in the North and South Island approximate to the number of vehicles using them, was shown by Mr. M. H. Wynyard, member of the Main Highways Board, at the annual meeting of the South Island Motor Union. Mr. Wynyard said expenditure in the last year was. £4,113,000, or nearly £1,000,000 more than the previous year. This included interest on grants, £61,000; interest on loan, £150,000; sinking fund reserve, £100,000; subsidies to boroughs, £31,000; subsidies to counties, £175,000. The percentage of vehicles was 65.70 in the North Island,! and 34.30 in the South Island, said Mr, ! Wynyard, and the expenditure followed very closely these proportions, not because the board tried to make it do so, but because one was automatically governed by the other. Expenditure had been: Maintenance, North Island, £713,000; South. Island, £360,000; renewals, North < £95,000, South £43,000; construction and improvements, North £1,270,000, South £909,000. Maintenance, renewals, and construction' in the North Island totalled' £2,187,000, or 61.30 per cent, and in the South Island, £1,380,000, or 38.70 per cent.
COOL AS A CUCUMBER!
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Bibliographic details
Evening Post, Volume CXXVI, Issue 74, 24 September 1938, Page 14
Word Count
243MAIN HIGHWAYS Evening Post, Volume CXXVI, Issue 74, 24 September 1938, Page 14
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