KAIRANGA COUNTY.

Manawatu Standard, Volume LIV, Issue 117, 17 April 1934, Page 7

KAIRANGA COUNTY.

SOUND FINANCIAL POSITION. A statement of the ledger balances presented by the clerk (Air N. I. Nielsen) at to-day’s meeting of the Kairanga County Council showed the county finances to be in a sound position. Insofar as the riding accounts were concerned, tlie Taonui Riding showed a credit ot £967 13s lidthe Alangaone Riding a credit of £llls 15s 8d and the Fitzherbert Riding a credit of £374 2s. In accordance with the system or crediting the various plant accounts for the work performed and thereby establishing a replacement fund, the 14 plant accounts showed a total credit of £10,165 Os 9d. The tarred roads maintenance accounts showed a credit of £344 6s lid where the Mangaono Riding is concerned and £57 8s 5d for the Fitzherbert Riding. In respect to the sundry accounts, six showed credit balances aggregating £359 10s 7d, while five showed an aggregate debit balance of £7BB 5s 3d. Tlie cash at the bank in the county fund account as at March 31 was £9095 13s, while cash on fixed deposit was £3500. The clerk, however pointed out that of that amount £10,165 0s 9d belonged to the plant replacement accounts. , , “The position is much better tlian it was last year,” remarked Cr. A\ . R. Hopcroft. , “It is the fruits of economy and careful management,” added Cr W. G. Shannon. _ _ . • , The chairman (Cr D. Collis) too; the opportunity to compliment the members on the satisfactory outcome which was better than he had anticipated, while it was indeed pleasing to find tiiat the rates had come in so well He also paid a tribute to the caieful management of preceding councils and to the manner in which. Air Nielsen (clerk) and Air L. C. Pickering (acting engineer) had carried put their Am ] erson heartily agreed with tho chairman and complimented both Sg 6 C eonc°e*n e ed; 1m Mr Pickering had given them a particularly good roach