GOOD IMPROVEMENT

Te Awamutu Courier, Volume 64, Issue 4560, 15 April 1942, Page 5

GOOD IMPROVEMENT

FINANCES OF OTOROHANGA COUNTY RECORD ESTABLISHED The Treasurer (Mr S. J. Fortescue) reported to the monthly meeting of the Otorohanga County Council on Monday as follows: “ I submit a preliminary report of the general and riding accounts of the Otorohanga County Council for the year ended 31st March, 1942. The accounts are not quite complete because the total amount in the suspense account as it affects the ridings has not yet been allocated. In any case it will not materially affect the riding balances. “ You will note that in comparison with the last financial year all the ridings show an improved financial position with the exception of the Waipa riding. This riding shows a decrease of £ll9, accounted for by the Engineer’s estimate of £950 being exceeded by £134. “ From the following riding balances it will be noted that in comparison with the year ended March of last year the Wharepapa and Te Rau-a-Moa ridings have very materially improved their financial positions.

Wharepapa (Dr-) 87 *859 *Credit, mostly due to sale of truck. “ The rates collected for the year ended 31st March, 1942, were £14,587 14s lOd, an increase on the previous record year of £2Ol 16s lid. The bank balance and liquid assets totalled on Ist April over £lO,OOO, a record for the county.” The report was adopted' as satisfactory.

1941 1942 £ £ Honikiwi (Cr.) 348 361 Mangaorongo (Cr.) 61 149 Te Rau-a-Moa (Dr.) 308 46 Waipa (Cr.) 195 76