HIGHWAYS BOARD.
DECREASE IN FUNDS. BLENHEIM, Monday. An important statement regarding the finances of the Main Highways Board was made by Mr C. .1. Talbot, representative of Hie counties on the board, at a conference of local bodies held here. ♦ Mr Talbot said that as the Government had decided this year not to borrow the customary £300,000 for highways construction, the Highways Board was reduced to borrowing £350,000 from its maintenance account for construciton work. The money would be paid back, but in the meantime the board had to conserve its funds'.
Mr Talbot said the maintenance account was now so much depleted that maintenance subsidies to local bodies would have to be decreased or some new form of taxation imposed to raise £&ore revenue
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19270621.2.69
Bibliographic details
Waikato Times, Volume 102, Issue 17133, 21 June 1927, Page 7
Word Count
125HIGHWAYS BOARD. Waikato Times, Volume 102, Issue 17133, 21 June 1927, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.