WAIHI BOROUGH FINANCES.
ESTIMATES FOR .THE YEAH.
HIGHER PRICE FOR GAS,
[Br TBMGIIAPH. —OWN CORRESPONDENT.'] WAIHI. Friday.
Estimates for the financial year, 1929-30, were placed before the Waiihi ! Borough Council at its first monthly meeting last evening. The total revenue * from all sources was estimated at £21,351 ./ Is: 6d, and the expenditure at £21,457 Bssld,. including an overdraft of £l6B 3s i 2d, on April 1, 1929, leaving an antici- ■■ paled debit balance at March 31, 1930, of > £lO6 7s 2d. The chief item on the expenditure side is £10,485 for maintenance, j wages and replacements in the town. In moving the adoption of the esti- " mates tJao Mayor, Mr. Wallnutt, saiid _ the only variation of moment on last * year's figures was the proposal to :in- _ crease the price of gas to consumers by Is 2d per 1000 cubic feet from 9s 3d to-, 10s sd. • This was necessary owing to c. the substantial losses made by the ■ <le- » partmenti for some years, largely through ! leakages in.faulty mains. A suggestion that concessions should be granted to largo consumers was de-' ■■ feated and the increase agreed to. The estimates were then adopted.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19290525.2.123
Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20264, 25 May 1929, Page 13
Word Count
191WAIHI BOROUGH FINANCES. New Zealand Herald, Volume LXVI, Issue 20264, 25 May 1929, Page 13
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in