DEVONPORT FINANCE

Sun (Auckland), Volume IV, Issue 972, 15 May 1930, Page 12

DEVONPORT FINANCE

NO RATE INCREASE FOR THE YEAR Tho rate levy in Dcvonport, as fixed by the borough council last evening, will bo sevenpence in the £ on the unimproved values —the same amount that has been levied for the last three years. The general rate will be 23-16 d in tho ■£, which is l-8d lower than the general rate in 1928-29, but an increase in the interest rate, which is now 4 5-16 d in the £, offsets this reduction. The lighting rate is id in the £. The Hospital Board levy is £3,G75, an increase of £268 over last year, but tho council resolved not to increase- the rate levy of 3-10 d in the £ on the capital value, but to carry the probable small deficit forward to next year’s accounts. Refuse and sanitation collection charges will be 15s a year for each house. The charges for water have been modified, the minimum charge being reduced from 15s to 7s 6d a half-year. The annual charge of 7s 6d for meter maintenance has been dropped. The water department accounts from this year onward will bear portion of the interest and sinking fund charges (totalling £4,250 a year) on loans for waterworks: £423 for sinking funds, will be allocated this year, tho amount to be increased next year. A sum is to be set aside annually for water main renewals. Including petrol 1 tax. £l,lOO, and heavy traffic fees, £1,600, the general account will have £17,529 available for this year, of which approximately £7.500 will be allocated for public works. Tentative allocations of this sum, made last evening, provide for work on Kerr Street, Victoria Road extension, Grove Road, Ngataringa Road, Moseley Avenue (corner), Oxford Terrace, Queen’s Parade (footpaths), and Huia Street. The borough valuations * are £1.164.000 unimproved, and £2,925,000’ capital.