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'1114,000 Surplus • on Sheffield Buses?

27th November 1953
Page 39
Page 39, 27th November 1953 — '1114,000 Surplus • on Sheffield Buses?
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Which of the following most accurately describes the problem?

.2HEFFIELD expects to have a deficit -I of £72,500 on its trams and a surd-us of £114,000 on its buses at March I, 1955. The estimate for next year ndicates a combined surplus of .41,500, which compares with one of .18,500 this year. Possible wage inreases are not accounted for in the stimates.

Subject to the approval of the finance ommittee, work is expected to begin in a new £250,000 bus garage at Handsvorth in the next financial year.

Sanction has been obtained for loans otalling £222,264—the cost of 56 louble-deck buses—during the current 'ear. Fifty of these buses are part of he tramway replacement programme.

E.Y.M.S. FARE INQUIRY POSTPONED IN DEFINITELY

THE resumed inquiry into the application of East Yorkshire Motor iervices, Ltd., for their second batch of are increases this year has been posttoned indefinitely.

Nine local authorities and a local ,ranch of the Labour Party objected

o the application at the last hearing reported in The Commercial Motor on keigust 14).

The application, which was designed

o bring in an additional £61,000 a year, s the result of the Yorkshire Licensing kuthority's suggestion at an earlier tearing that they "iron out anomalies n their tables." Despite increases introluced in March, the company claimed hey were still losing money.

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Organisations: Labour Party
Locations: Sheffield

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