BOROUGH FINANCES

Waikato Times, Volume 89, Issue 13888, 14 October 1918, Page 2

BOROUGH FINANCES

NEED FOR Go:r-i3 SLOW. At Friday's meeting of the Hamilton Borough Council iue treasurer .wr E. .1. Davey) reported as loilows: - "1 have to draw Hie attention of the Council to t!i" fad Dial for the ! si .six months, streets expenditure (the largest item of i xpemliture out-.i ie fixed charges, such as inter-.-; and loans', has considerably exceeded half the amount allotted for the full 12 months, Hu lamest exr.-ss b< im." ua<, r tlie heading "Streets West"; this heading includes items allocated |o tar depot, part of horse-feed and benzine account. and a small amount for i u' to undefined streets. V, si -Ire - or London and main stress may a!s i include amounts which should hav been charged to London and Ouecn streets, stormwater drainage, as the nniotinl showing under that Iv ailing has not nearly reached the sup< rvisor's estimate.' Taking together Kasi. West. Claudelands, Frankton and London and main streets, plant maintenance and part of horse-f 1 and benzine accounts, the amount paid out for six months equals over £3IOO out of a total of £SIOO (less ZjQ lo be transferred ■Soft FPanittin Streets lo nnv OUt: drainage work from Frankton school), estimated for the full year. The total amount paid to Blue Metal Co.. Tiriohia Quarry Co., and Te Kuiti Lime Co. for the last six months for road metal supplied is £512 17s Gd, while there are account? for metal sup&lics during September, totalling £2lO 15s Id, to be [ paid during this month of October tlie bulk of the September supplies has been used on London and main strets, so that the amount set aside for those streets is within reasojfcDle distance of having been expended). While the. ex-

penditure of three-fifths of the total

allocation for 12 months, during the first six months of the year may be balanced off during the second half of the year owing to the winter months being the heaviest as far as metal is concerned 'an expenditure or. say €IOO for metal, involves an expenditure of £75 for freight and cartage), still it is necessary to go somewhat slowly for the balance of the year if the total estimates are not to be exceeded, particularly as there will be considerable expenditure during the summer months on tar required in connection with topdressing Victoria Street, between Knox and London streets, and footway?! in various parts of the borough.

The report was referred to the Works Committee.