CO129-581-3 Water Department- staffing and organisation of Renewals and Improvement Fund 10-5-1939 - 15-9-1939 — Page 3

3

for expenditure from the Waterwordes Renewals Fund

is to be provided by a special section in the

annual Appropriations Ordinance.

For 1939 it is proposed to cover

from this Fund

by

section in the

expenditione supplementary

Appropriation Ordinance, thus treating it in the

as excesses on ade

Same

e way

guing authority

? We

udinary expenditione vores

in arrear

may approve

this procedure,

65th

in respect of 1939 8 future years-

L

A.N. Galsworthy

1%

X

Nol.

Since to renewals Hand is not based

B

the replacement value of winding assets, but on 20h

of capital found from Colderennes,

red son

I see

Lee no

why scrap & materals recovered from ussel's reflared showed not be added to the hand-

but not direct it," below the line.

intended.

1

that it is agreed

? reply that it

garded

not be th

مة

is parenting

that x

akoned

as part of the feneral revenues

the Colony, but shone'd be beated

келелив

as

katerwork

The normal practice is to base the

contributions to a Renewals hand on the full

replacement value

recovere's to the revenue

accordingly of credit f the undertaking. In the sferice wis of the waterworks Renewals Fund

objection is teen

It woved however

A

o crediting such receipts of the brand.

be

irregular to fars to receipés