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MATAKARA COUNTY

COMMISSIONER’S REPORT,

(Per Press Association Copyriff/lt.i

GISBORNE, November 11.

The commissioner’s report on the finances of Matakaoa county discloses the capital indebtedness at the time the commissioner took over 3 months: ago, was £59,829 and payments overdue by the council have added another . £20,126 to the 1 debts of the county.; Rates in arrears amount to £13,921,., . the Council already having written off £21,0C0 rates due on native lands., The commissioner has instituted a* rigid economy, and has arranged with loan creditors of. the county that overdue payments of, interest be held in. suspense for three.years; also a reduction of the current interest equivalent' to £3,000 per year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19331111.2.27

Bibliographic details

Hokitika Guardian, 11 November 1933, Page 4

Word Count
110

MATAKARA COUNTY Hokitika Guardian, 11 November 1933, Page 4

MATAKARA COUNTY Hokitika Guardian, 11 November 1933, Page 4