THE BOROUGH ACCOUNTS.

Taranaki Herald, Volume XXXVI, Issue 8003, 22 October 1887, Page 2

THE BOROUGH ACCOUNTS.

In order that our readers may see for themselves the actual financial position o£ our municipality, we publish below a statement of the accounts of the Borough made up from the published statements, though in a somewhat different shape, to those issued by the authorities, but rather more intelligible. It will there be seen that on the year's transactions the expenditure has exceeded the receipts by £777 17s 6\. We also publish a comparison of tho available assets and liabilities of tho year 1885-6 with those of 1886-7, and it will be seen that there is a difference in the two years of £598 33 lid. BOROUGH ACCOUNTS FOR 1886-7. RECEIPTS. Dr. £ s. d. £ s. d. General rate collected 756 8 9 Arrears do ... 170 3 0 926 11 9 Rents 142 17 6 Licenses 684 5 6 Miscellaneous 553 13 9 Subsidy 93 15 0 Balance 777 17 6 £3179 1 0 EXPfINDITr/RE. Cr. £ S . d. Officials 331 12 1 Streets 1212 5 4 Miscellaneous 1121 7 9 Interest on loan ... ... 513 15 10 £3179 1 0 GAS ACCOUNT. Receipts— £ 8 . d. Rates collected 186 19 3 Arrears collected 38 4 0 £225 3 3 Expenditure — Sundries paid 195 4 3 Balance, profit and Loss ... 28 19 0 £225 3 3 FIRE, RECREATION, AND LIBRARY ACCOUNT. Receipts — £ s. d. Rates collected 112 3 9 Arrears collected ... ... 28 13 3 £140 17 0 Expenditure — Cash paid 105 1 0 Balance Profit and Loss ... 35 16 0 £140 17 0 WATER ACCOUNT. Receipts — £ s. d. Water Rate l ( 014 7 5 Expenditure — Engineer nnd Turncock ... 273 0 0 Labor, &c. ... 59 3 3 Sundries ... 176 12 10 508 16 I Plant 268 7 5 Valves 72 0 0 ■ 340 7 5 Balance to Interest Account 165 311 £1,014 7 5 LOAN AND INTEREST ACCOUNT. Receipts — £ 8. d. Special Rate 1,339 18 9 Borough account 513 15 10 Water account , 165 3 11 Pm. Loan ... ... ... 20 0 0 £2,03 i 18 6 Expenditure — Interest, Exchange, and Commission £2,038 18 6 PROFIT AND LOSS ACCOUNT. Dr. £ s. d. Balance Borough Account 1887 777 17 6 Cr. By balance, 1886 704 11 10 By Oas Account unappropriated 28 19 0 By Fire Account unappropriated 35 16 0 Balance 8 10 8 £777 17 6 Comparative Statement of available Assets and Liabilities, ISSS 6 and 1886 7: — assets, 1885 6. £ b. d. Rates outstanding at end of year 771 0 8 Rent due 77 10 0 Balance in Bank, less contract deposit ... , 704 11 10 £1,553 2 6 LIABILITIES — Nil. assets, 1886-7. £ b. d. Rates outstanding at end of year 897 18 6 Accounts for asphalting ... 56 8 3 Government subsidy 375 0 0 Rents due 106 7 6 ji1,435 14 3 LIABILITIES. £ 8. d. Interest due ... 507 10 0 Balanoo duo, Gas Account ... 28 19 0 Balance due, Fire Account ... 35 16 0 Balance due Profit & Loss Account 810 8 580 15 8 Balance £854 18 7 Net avaihble assets, 1885-6 £1,553 2 6 Net available assets, 1886-7 £854 18 7