The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-09-04
Debt unprovided for .
$685. s2 o.

Debt unprovided for Observation-Disclosures. Ss63O, 362 o.
Statement No shows the amount q debt created for
the erection Of public buildings the construction u docks
and slips &e The several Laws authorizing this debt 70
be created make pre- vision for its reimbursement by
nual taxes generally $50 600 In each year The present
smount Of the deb, Is q, 204, 600
This debt has been increased $50 900 the last twelve
months by issue Of building loan stock for Hremens
Hall and Union and Catherine markets and for the work
house Backwels Island.
the debt payable by taxation s added 70 the balance
Of the stock debt unprovdcd for 352 05 makes
a total debt equal TO 81, s3a, 1872 d..
Statement No. shows the stocks and securities held
By the Of the Sinking u nd for the redemp
ton 81 the city debt July 1850 amounting together
with balance in bank, TO sj,37o,473 20.
Statement No. 10 shows the amount Of bonds
issued during the year ending June 90 1865 amounting
TO 42 also the amount Of bonds paid Oh during
the same period o. 27e-the eIees. Of issues over
payments In twelve months being 81, $50, +63.
Statement No. II shows the amount If assessment.
bonds issued during the year ending June 20 IND 80
amounting to 81 o4 oPo also the payment Of $4,000
Balance outstanding, 1851 ,o9o.
Statement No u shows the receipts and expenditures
on account Of building loan stock No. Q.
The attention OF the Common Council IL respectfully
called 10 the operations Of the Commissioner Of Repairs
and Supplies in relation 70 this fund and the condition Of
the Treasury, growing OF these operations. In No
vcmbe 1855 when the annual estimate the expenses
Of 1854 made up the Commits soner cf Repairs and
surPe called r 40 .ao o O. i1I seeu
Market, with Eleventh ward station house. zee doc.
II, Asst AID, 1853 page 49, In that estimate he also
thousand dollars for the two bureux Of Street Expen
ses and Roads and Avenues =; and the aggregate for
the exceeded vNUoOO. Iomptroller considered
this most extravagnut estimate and cut II down to
$40 900 The Committee Finance added 900 for
repairs and supplies, making the total, $4,000.
At that time there authority 10 issue 500 600 o.
Building Loan Stock Of which the Governors Of the Aim
House required ss5 0 The Treasury hsd also advanced
this account for finishing the Court house and
other Objects about $24 600 When the loan for building
stock made this should have been reimbursed 10 the
Treasury and II the Commissioner Of Repairs ard sup
piles had Kept within his original estimate for the
markets and the Fifemens Hall there would have been
embarrassment TO the Treasury 20 those who performed
work on these jobs, clearly appears by the oo~in
figures -
Amount Of stock 10 he issued OBSERVATION-DISCLOSURES 500 600
REQUIRED by Governors OF Aims House. sol, 000
Estimate n Commissioner for Catharns
do do Union Market. 1000
Balance due Treasury, .................. 1900
-siSs, 600
Leaves for Tremsn. Hall .. SO 600
An examination Of statement No. II shows that the
cost Of Catherine and Union Markets increased from
5 900 10 than 1860 and the contractor y press
ing Tor s. 600 Union Market and instead 81 re
mbursing the Treasury now minus s2s III To- to b
made up by taxation.
statement No 10 shows the operations 81 Building Loan
stocs Sos and T. The sum 81 so 900 was borrowed
oI we use Of the Governors ~ the Aims House pro
vice. ~ Chap Jl3, Of the laws Of 1854.
Ntsements numbered eon.ecniiveiy from - 20 81 give
10 minute detail the sources from whence the Sinking
July ], 1855.
AsnIsr'or q The footirg, d tie. statements frou