Borough Finance.
By tho Borough balance-sheet which has just been retutned from the Audit Office we notice that the debit In the general account on Mirch 81st was £0206 63, tho receipts for the year amounted to £0493 Is lid, and the expenditure was £7133 19a Id. The receipts in tho Reserves' account totalled £381 133 2d, and the expenditure £302 103 6d. In the waterworks' account £981 lls Oi was received, aad £3063 4s lOd was expended. Tba balance of £1136 Os 4d which was brought forward from tho previous year was expended on extensions and laying down tho 12 inch main.
The general account shows a deGcit of £0206 6i, and tho following accounts shows credits :—Reserves, £178 6a lid \ ontractors deposits, £51 : waterworks, A's4 16a; sewerage, .£6l 6j ; library, £19 5s 6d ; cemetery, £142 7s 7d; public works loan interest account, £1347 lls ; Awahuri bridge, £74 Oa lid ; Fitzherbert bridge ropuirs, loan interest account, £127 15s 8d ; temporary loans account £144 83. These credits amount to £2195 17a 'hi, thus leaving the bank overdraft at £4010 83 6d.
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Bibliographic details
Manawatu Standard, Issue 7403, 19 September 1902, Page 4
Word Count
181Borough Finance. Manawatu Standard, Issue 7403, 19 September 1902, Page 4
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