HASTINGS FINANCE
MAYOR’S FORECAST Good Surplus Predicted "MOST GRATIFYING” “Although It is y#t impossible to state definitely what the position will be, the figures so far available indicate that the finances of the borough of Hastings at March 31 last will show a substantial credit balance.” said Mr. G. A. Maddison, Mayor, to a ■•Tribune” representative to-day. “The council started the year in the general account with a deficit of £B6O, so the position is most gratifying, especially in view of the fact that the rates for last year were reduced by approximately £2OOO. “I would point out that we have spent out of revenue approximately £3OOO in permanent road formation in Frederick street and Tomoana road.”
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Bibliographic details
Hawke's Bay Tribune, Volume XXIV, Issue 95, 5 April 1934, Page 5
Word Count
117HASTINGS FINANCE Hawke's Bay Tribune, Volume XXIV, Issue 95, 5 April 1934, Page 5
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