Clarenville shows $7,000 deficit for 1967

The Packet (Clarenville) - - Front page -

The Clarenville Packet has learned that the town of Clarenville had ex­pen­di­tures in ex­cess of its rev­enue by $7,524.97 in the year end­ing Dec. 31st, 1967. This state­ment was $87,512.66 while the to­tal rev­enue for the same pe­riod was $79,987.69.

The big­gest sin­gle source of ex­pen­di­ture was the main­te­nance of roads which soaked up $18,196.08 of pub­lic funds. Close be­hind were gen­eral gov­ern­ment ex­pen­di­tures with $15,975.05 and debt charges (prin­ci­ple and in­ter­est on deben­ture debt and longterm debt loans and in­ter­est on tem­po­rary bor­row­ing $15,369.93).

San­i­ta­tion and waste re­moval cost the peo­ple of Clarenville $13,604.59 and cap­i­tal ex­pen­di­tures out of rev­enue (land, sewer line, recre­ation cen­ter, snow­blade as­sem­bly, truck and water line sur­vey) $10,935.82.

On the rev­enue side of the ledger coun­sel han­dled $38,570.08 taken in taxes. Grants from the fed­eral gov­ern­ment made up an­other $34,951.81 with $28,712.45 of this to­tal com­ing in the form of the prov­ince of New­found­land rev­enue grant. The gov­ern­ment of Canada cen­ten­nial grant cane to $870.93.

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