HEALTHY FINANCIAL POSITION

Manawatu Times, Volume LIX, Issue 7460, 10 May 1934, Page 8

HEALTHY FINANCIAL POSITION

In Pohangina County ESTIMATES FOR YEAR APPROVED Pohangina County is maintaining its reputation for having credits in all its riding accounts. When the estimates lor tho coming vear were presented to the council for approval, this helpful situation was again revealed and the council was able to leave the rates much tho same as last year. Tho chairman (Mr. S. Strahan) commouted on the policy of constructing bridges out of revenue. He wondered if it was a good one, seeing that the money of the ratepayers was worth S per cent, by way of interest, whereas a loan could probably be secured for 41 per cent. He would like to seo a report tabled showing the actual position. Councillor J. Mackenzie again dropped a hint that tho time was coming when riding accounts should be abolished aud all work done from a consolidated accouat. The following estimates wero approved, and a satisfactory feature is that’at the end of the year the ridings should still be in. credit although inroads will probably be made into the plant account: — Awahou Biding. Revenue. —Credit balance at 31/3/’34, £371); proportion lhxed revenue, £92; proportion plant account, £360; subsidy, £4O; rate at Id., £32S; total, £1205. Expenses. —Proportion administration, £200; engineer’s estimates, £ilG; total, £916. Estimated credit balance, £2SO. Engineer's Estimates. —Metal main highway, £35; grade main highway, £2O; repairs to bridge and culverts, £10; metal Awahou South, £55; metal No. u line, £4O; metal No. 1 line, £34; metal No. 3 line, £2O; metal No. 4 line, £3O; Bell’s track improvements, £ls; smithwork, £10; roadman’s wages, £100; contingencies, £SO; new bridge (third cost £4OO, less balance in bridge loan account £103), £297; total, £716. Last years’ rate was id. The increase has been brought about by tho necessity for bridge renewals. Coal Creek Biding. Benewal. —Credit balance at 31/3/'34, £359; proportion revenue, £102; propor*tion plant account, £216; subsidy, £52; rate at 5-lGth, £220; total, £919. Expenses. —Proportion administration £2IS; engineers estimates, £563; total, £7Bl. Estimated credit balance, £l6B. Engineer’s Estimates. —Metal main highway, £sl; grado main highway, £10; repair bridge, main highway, £10; widen and improve hill, main highway, £10; Tepair, metaL and grade Makoura road, £27; repair, metal and grade Ridge Toad, £SO; repair, metal and grado Ngaputahi, £2S; metal and repair Parson’s ford bridge, £-10; contribution to Terrace road, £l2; metal and grade London's road, £10; smithwork, £lO, roadman’s wages ( Apiti), £65; roadman’s wages (London’s road), £150; roadman’s wages (Pohangina), £lO, contingencies, £SO; total, £sou. The rate is the same as last year, fiiangnor.o Jtticung. Revenue. —Credit balance at 31/3/Ml, £3OB- proportion revenue, £125; proportion V ant account > subsidy, £52; rate at |d., £330; total, £ll3l. Expenses.—Proportion administration, £270; engineer’s estimates, £690; total, £963. Estimated credit balance, £IGS. Engineer’s Estimates.—Metal, Ash-hurst-Pohangina main highway, £35; grade Ashhurst-Pohangina main highway and Ferry road, £2O; grade TaonuiRaumai. main highway, £10; metal Tao-nui-Raumai main highway, £sl; met a To Awa road, £2S; metal liidgc road, £55; metal Pollock’s road, £3B; metal Fi.-nnis road, £11; metal Fiiims track, £2l; grade Zig-Zag, Finnis and MeEwciis* roads, £35; metal Zig-Zag £4l; roadman’s wages (Te Awa), £lo; roadman’s wages (Pohangina), —5, roadman’s wages (Mangaonc), £lo0; smithwork, £10; contingencies, £o0; improve Coulter’s road, £35; total, £O9The rate last year was id. m tnc

Mangapikopiko Biding. Revenue. —Credit balance at 31/3/ '3l, £277; proportion revenue, £131; proportion plant account, £535; subsidy, £iJ; rate at yd., £350; total, £l3Bl. Expenses. —Proportion admin isolation, £2S9; engineer's estimates, £<o2; total, £991. Estimated credit balance, £oJU. Engineer’s Estimates,—Metal mam highway, £35; grade main highway, £10; metal MeNac's road, £l9; metal Nix road, £l9; metal Table Flat road, £101; metal Marlon Block road, £MJ; metal Makoura road. £2S; grade township to Marton Block bridge, £2O; grade Table Flat and Norsewood roads, £2o; rn-adc Ridge and Cemetery roads, £10; smith work, £10; roadman’s wages (Mapson), £135; roadman’s wages (Brungar), £OS; metal and grade township roads, £2O; contingencies, £oU; metal township to Table Flat road, £oo. total, £702. The rate is the same as last ;ca.. Ronanglna Ruling. Revenue. —Credit balance at ol /°l £29-1' proportion revenue, £<G; proportion’plant account, £251; subsidy, £3l; rate at id., £2GS; total, £923. . Expenses.—Proportion _ ndmmistration, £1G1; engineers’ estimates, £o'-; total, £737. Estimated credit balance, £ISG. Engineer’s Estimates—Metal mam highway, £l7; grade main £l9. metal pohangina alley road, £aU, metal Te Awa road, £2B; metal Ridge road, £11; grade Pohangina Valley road, £2O; grade To Awa to Mr. Higgin’s house, £ls; grade Ridge road, £2O; improve Coulter’s road, £35; improve Branch road, £ls; smithwork, £10; roadman’s wages (Pohangina), £SO; roadman’s wages (To Awa), £110; contingencies, £SO; metal and grade township, £3O; total, £573. The rate last yoar was Jd. in the £. Tamaki Biding. Revenue. —Credit balance at 31/3/ '34, £4G3; proportion revenue, £6O; proportion plant account, £159; subsidy, £2l; rate at Id, £207; total, £lOl2. Expenses. —Proportion ndministra-

tiou, £127;" engineer’s estimates, £810; total, £907. Estimated credit balance, £4o. Engineer’s Estimates. Y.M.O.A. road, ° £2O; metal main highway, £57; grade main highway, £IS; paint and re ' pair bridge, £10; repair wash-outs, widen main highway, £2O; grade and metal Opawa road, £3O; grade nnd metal Takapara road, £2O; grade and metal Arbon’s road, £ls; . smith work, £10; roadman’s wages, £SO; contingencies, £SO; three bridges (third £BOO, less credit culverts loan £ol0), £190; total, £BIO. The rate last year was Jd, the extra required this year being necessitated by bridge renewals. Umutoi Biding. llevenue. —Credit balanco at 31/3/’3l, £251; proportion revenue, £130; proportion plant account, £619; subsidy, £132; rate at Id., £451; total, £1589. _ Expenses.-—Proportion administration, £280; engineer's estimates, £1115; total, £1125. Estimated credit "balance, £164. Engineer’s Estimates. —Metal Piri Piri flat, £3l; metal (crushed) Norsewood road, £120; metal Coal Creek Hill and Hart’s flat, £6O; metal to bo carted from Piri Piri bndge 4 £2B; metal M.t.

Bichard road,' £55; metal Table Flat road, £7O; grade Norsewood road to Piri bridge, £2O; grade Mt. Kichard and Makeikei roads, £2O; grade and metal Makoura road, £sl; grade and metal Umutoi north road, £GS; smithwork, £10; roadman’s wages (Umutoi), £150; roadman’s wages (Utuwai), £150; roadman's wages (Table Flat), £ls; contingencies, £SO; Mt. Richard road bridge, £250; total, £1145. The rate last year was gd.-in the £.