Manx bus deficit but horse trams thrive
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• The Isle of Man Parliament has decided to give financial assistance to IoM Road Services Ltd and to the Douglas Corporation transport department.
A sum not exceeding £23,290 has been authorized in respect of increased fuel tax rebate and grants for buses. A rebate of 9.875p per gallon in respect of hydrocarbon oils is being increased to 20p per gallon on oil delivered between April this year and March 1973. It is proposed that grants be given of 50 per cent of the cost of vehicles for use on scheduled services between April 1971 and March 1973.
The financial estimates of the Douglas Corporation transport department for the year ending March 1972 reveal a deficit on the bus operations expected to be £10,800, but set against this is a surplus on the operation of the town's horse trams estimated at £7,630, which will leave £3,170 requiring support from the rates.