Christchurch Rates Go Up
BIG INCREASE IN EXPENDITURE Per Press Association. CHRISTCHURCH, Last Night. The striking of a general rate for the current financial year of 27-8 din the pound on unimproved value was authorised by the Christchurch City Council to-night. The rate is 3-Sd higher than last year. The estimated expenditure is £241,096 —£50,556 more than that ot last year and £71,000 more than the previous year. This year’s expenditure, however, includes £27,500 for works begun last year but not completed. The increased general rate is estimated to provide £134,691, which with a credit balance of £42,113 at April 1 and licence fees, etc., will make the required sum of £241,096. There will be transfer of £32,000 from the quarry account but none from the funds of the Municipal electricity department.
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Manawatu Times, Volume 63, Issue 180, 2 August 1938, Page 7
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132Christchurch Rates Go Up Manawatu Times, Volume 63, Issue 180, 2 August 1938, Page 7
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