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43
Expenditure.
The following items of expenditure have been covered
for this occasion by special' sanctions under the Local
Authorities (Expenses) Act, 1887:—
£ s. d.
Subscriptions to Outside Associations 14 14 0
Expenses of Free Lectures 4 11 6
Foundation Stone and Opening Ceremony,
Library 124 10 6
Refreshments for Assessment Committee 41 17 11
In giving their sanction the Local Government Board
state that they cannot undertake to sanction further payments
of subscriptions or for free lectures.
Electricity Accounts.
There is one point to which I must call attention in
regard to these accounts, which otherwise are in a very
sound state in regard to the correct statement of the
position.
There has been delay in obtaining sanction for, or in
raising, new loans, to an etent which has materially postponed
the incidence of the repayment charges. The profit
and loss account cannot be correct unless the loans
are raised as soon as the corresponding expenditure
is incurred.
I am, Gentlemen,
Your obedient Servant,
(Signed) A. CARSON ROBERTS,
District Auditor.
(b) Estimates, 1906-7.
The following is a summary of the estimates, prepared
by the Finance Committee and adopted by the Council, of
the sums required for the various purposes of the Council
during the year ending 31st March, 1907:—
Expenditure. Income.
£ s. d. £ s. d.
Finance Committee 33,469 12 10 3,811 3 11
Works Committee 16,095 5 4 3.933 10 10
Carried forward £49,564 18 2 £7,744 14 9