WAIHI BOROUGH FINANCE.
BETTER POSITION SHOWN, REFUND OF GOLD REVENUE, [B? T2XEGBAPH.—OWN ""OREISPOND2KT.V . V '.'. WAIHI. Saturday ' The statement of the finances'of % Waihi Borough Council an submitted by the treasurer, Mr. J. W.• ; Ritchie,' at' the monthly meeting disclosed ;,' a ■■ distinctly - '< satisfactory position. This showed that : if all current accounts were met thei-a would still remain to the '.council's credit with the bank a sum of approximately £600. This amount . "13 apart from ti,» ' overdraft of £3000 sanctioned- -by tla ' batik, and thus would leave availably (© : '.'■ this - council for expenditure a total «f* £3600. _ ' ■~* In addition there is in sight a sum i»i • £2000 to £2100 which the Treasury- Bspartment has undertaken to refund " rti» amount representing gold duty/due to %,'■ council t during 1921-22,- but- withheld V connection with the Waihou and QhijL muri Rivers improvement scheme. if These figures indicate that, apart few..' accruing gold revenue and rates, the com,' cil is or shortly will bo in a position ita expend £5600 to £5700 on publio «nj« or in other directions. - '■• , ;
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18494, 3 September 1923, Page 6
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171WAIHI BOROUGH FINANCE. New Zealand Herald, Volume LX, Issue 18494, 3 September 1923, Page 6
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