Part III. of the Municipal Report for 1921 and the Budget ior 1922 reached us last night, this volume dealing entirely with electricity and finance matters.
The Treasurer's report for 1921 shows that the Council's ordinary income was Tls. 5,960,628 and expenditure Tls. 5,651,240, leaving a surplus to be carried to 1922 of Tls. 309,388.
The extraordinary budget shows an expenditure of Tls. 6,428,767 and income, Tls. 6,213,872, leaving a deficit to be carried forward of Tls. 214,895.
The estimated surplus on the ordinary budget was Tls. 30,788, the extraordinary Tls. 289,013, being derived from an increase in income of Tls, 266,090 and expenditure less than the estimate of Ts.
125,010.
It_is interesting to observe that the Public Works Department spent Tls. 112,757 less than its estimate.
Text read from the printed page and cleaned; old type leaves the occasional error.