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VALUATION OF THE CITY

REPORT BY TOWN CLERK. At the meeting of the City Council last night the Town Clerk (Mr Lewin) reported having received from the city valuer details of the annual valuation' of the city made pursuant to the provisions of the Rating Act, The total value of rateable property was shown as £1,217,869, or an increase oi £60,671 on the figures of the previous year. The value of non-rateable property was shown as £110,299, or an increase of £6453 on last year's figures. It was to be noted, the report continued, that the increase of £60,671 in tire assessment for rateable property was less by some £15,000 than the increase for the previous rating year. This was explained chiefly by an easing up in the building operations during 1927, as compared with the previous year.

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https://paperspast.natlib.govt.nz/newspapers/ODT19280126.2.90

Bibliographic details

Otago Daily Times, Issue 20316, 26 January 1928, Page 10

Word Count
138

VALUATION OF THE CITY Otago Daily Times, Issue 20316, 26 January 1928, Page 10

VALUATION OF THE CITY Otago Daily Times, Issue 20316, 26 January 1928, Page 10