4.
-
- 2
Explanation of items as above and in the statement
attached:-
Head 1. Work completed.
7
Head 2.
Subhead (a). Work completed.
(b)(1), (2) & (4).
Work completed.
(b)(3), (5) & (6).
Balance unspent
Head 3.
is inserted in column for expenditure
in 1937.
The total cost has been reduced to $1,915,603,80
and the balance of $7,636,86 is inserted for
expenditure in 1937.
Reduced from $4,400,000 to $4,000,000.
Head 4.
Work almost completed.
Head 5.
Work completed.
Head 6.
(a). Work completed.
Head 7.
Head 8.
Head 9.
(b) & (c). Balance unspent is inserted for
expenditure in 1937.
Work completed.
The revised estimate is now $1,100,00, owing
(a) to a wholesale market being provided for
and (b) to the enhanced price of iron and steel.
It will be observed that, although the total cost of these markets is $1,100,000, only
$1,025,000 is shewn in the Schedule, due to
the fact that the whole $25,000,000 is allocated.
The balance of $75,000 will have to be found from
P.W.E. in a later year or perhaps further small
savings on the other heads will suffice to make
up the difference.
This is now cancelled.
(SD) Edwin Taylor.
Treasurer. 4.3.37.