CO129-206 - Public Offices & Others - 1882 — Page 458

452

and that there will not be

any

necessit to raise a ban. Une State assets on the general account were estimated for 18t

| Jan's 1882 at $736,000,

cash a

investments alone, bandes atte

d

Arrears of revenue &

not directly available.

Liabilities

other assets

He

the other hand,

course the amount

Sexcluding of course

dive to the Special Fund for ther

Praya wan ar

1

but meluding

"expesiditure in areas" & Every other liability, were only $161,000.

(

The balance of asset therefore, direct available

would be

1943.

$575.000 which

a tornuall

part would have to be kept

a

working balance.

The

cost of the Water works, however,

Encl..

to to be out

£105,000

207

$560,00

and long before they

are

piciend

the annual surplus will have

brought up the cash balance

to a suppirent suum.

میرا

$12,000

are

now paid to

the Spazo the Special Fund torefund other Praya

Loans

Lighthouse

I would # stop this and

existing

of the Valance gotin Special

use up

Fund for the water works. the

As the cost of these is greater then the total of

on hand this effect will be that the Water

Works will be partially

(indirects)

by that Fund, which will be