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£159,000 Loss on Sheffield Trams
Page 63
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THERE would be an estimated deficit 1 of £159,000 on the trams at the end of the current year, Mr. S. Hilton, deputy town clerk of Sheffield, told the Yorkshire Licensing Authority, on Monday. He was supporting an application for increased fares made by Sheffield Transport Department and Sheffield Joint Omnibus Committee. A surplus on the buses would, however, reduce the overall deficit to £151,550.
Mr. Hilton said that the proposed increase was Id. Of existing services in the city, 16.9 per cent, would be affected. The proportion of joint services concerned was 3.9 per cent. On services operated by the British Transport Commission only 25 stages were involved.
Last year, revenue decreased by £35,384. During the first four months of this year it had gone down by £13,850.
Mr. R. C. Moore, general manager, attributed this decline to the remoVal of thousands of people to new estates on the outskirts of the city. Television was also a contributory factor.
The proposed increases were estimated to bring in a further £120,000 a year from city services, 110,000 from joint services, and £10,000 was expected as a result of withdrawing certain free travel passes.
Two local authorities and a branch of the Communist Party objected.
Major F. S. Eastwood, the Authority, said it was considered that the application was necessary. He would give his decision as soon as possible.