CITY FINANCES
END OF HALF-YEAR POSITION SATISFACTORY "The council's budgetary position at the end of the first half-year may be regarded as sound," stated the Major, Mr. J. A. C. Allum, in a report to the City Council last night accompanying a statement by the city treasurer. .Mr. T. W. M. Ashby, of receipts and payments for the six months ended September 30. "The position is that receipts are being well maintained, having regard to the factors which affect these during the first half-year. Expenditure is generally being kept within the estimates except for one or two small items not budgeted for, and also where payments have been made during the first halfyear which will not be recurring during the second half-year." The Mayor added that it was too early to give any indication whether the 1941-42 current rates would reach the budget estimates, as the bulk of the payments wouljJ not- be received until January- Rates collected, including arrears, to the end of September totalled £107.38:2. compared with £124,847 for the same period last year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19411024.2.69
Bibliographic details
New Zealand Herald, Volume 78, Issue 24104, 24 October 1941, Page 6
Word Count
176CITY FINANCES New Zealand Herald, Volume 78, Issue 24104, 24 October 1941, Page 6
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.