DETAILS OF EXPENDITURE ON GARDEN CITY.
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usually made a source of revenue, thus relieving the rate-payer by making his rates lighter.[1] And as I have added nothing to the proposed revenue for any prospective profits on such undertakings, I do not propose to make any estimate of expenditure.
- ↑ Birmingham rates are relieved to the extent of £50,000 a year out of profits on gas. The Electrical Committee of Manchester has promised to pay £10,000 this year to the city fund, in relief of rates out of a net profit of over £16,000."—Daily Chronicle, 9th June, 1897.