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HAVE RATES BEER INCREASED BY PROHIBITION?

(To the Editor). Sir, —The 'Controversy which has been going’ on in the local press as to above finest ion emphasises the fact that all quotations as to an increase or decrease in rates’ should be made on a percentage basis'. The average ratepayer does not care whether he has to pay 13-16ths of Id for interest on one loan, or J-ths of Ed on another, but does care to know what the total comes to and whether it is less or more than the previous year. If returns .were made as to the total cost for rates on an unimproved section of the value of £IOO or (as some r a tes are levied on capital and others on unimproved value) on a section worth £IOO, with dwelling valued at £250, a fair comparison could lie made with previous years, and also (if uniform returns were made) with other boroughs. If some councillor would call for a return on above basis for the past three years, it would be an easy matter to ascertain whether rates are increasing or decreasing. As a matter of fact it is generally known that the loss of revenue caused’ by the withdrawal of licenses in Invercargill, has been replaced by the new revenue derived from increase of valuation of property within the borough, and that last year’s rates were lower on a per centage basis. Yours, etc., ARGUS.

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https://paperspast.natlib.govt.nz/newspapers/SOCR19070629.2.34.1

Bibliographic details

HAVE RATES BEER INCREASED BY PROHIBITION?, Southern Cross, Volume 15, Issue 11, 29 June 1907

Word Count
241

HAVE RATES BEER INCREASED BY PROHIBITION? Southern Cross, Volume 15, Issue 11, 29 June 1907

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