Over Half Million Surplus on Year's Working: More Revenue Lower Expenditure The Financial Report for 1923 and the Budget for 1929 are being issued to-day to ratepayers, and Foveal avery satisfactory state of The Ordinary Income Year including the the Ouinary Be On the year's working for 1927 the Ordinary Budget showed a deficit of Tis, 609,517, "Not only has this been wiped out, but there has been a saving on the Ordinary Budget during 1928 of is, 601,004 to be carried forward to this year's revenue, On the Extraordinary Budget, a deficit "will be noticed of Tls. 1,379,699. But this is apparent aot real and is due to the fact that it became possible to postpone the {issue of the loan authorized at the last ratepayers! meeting until Pebruary of this year, which actually meant a considerable saving in loan charges, The main figures of the Report and Estimates are produced herewith, Purther comment will be Lraving a Sas Ordinary "Bs arried forward to 1990 of 503,960 proposed to raise by ghettos ring the 4,100,090
Text read from the printed page and cleaned; old type leaves the occasional error.