New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-02-22

NJ the Corporation for 1894. exc'aHse OF SINKING
Find noness. were s9,7H3iO 50; expenses
s,01s4. 3l5 q; excess Of expenditures, Sl.0lO.-
900 t6. The cost Of the Departments cl.s.ed n
. CITY Govern nent Accounts " was, 1895
O75 65; receipts S67, 800 80; BALANCE raised By
ri 50 86s. Ia5 26. The Trust Accounts u-ed
I'D S6.24e. 242 62; their income was = 90
72e 30; excess Of expenses, Sll5s,5l4 %. The
nrincipaI item in this excess is Street Opening
.nd Paving. which took 81 405, 90, "a, snd psid
back only $3.50, 3l7 %, showing over eight hun
dred thousand dollars not yet collected bu:
eventually 70 come mainly from the pro ,etsy i'm.
mediatety benefited. The amount Of Per n,uent
CITY Debt Jan. J. 1855, was Sl3.9 $50 $50; the
assets on hand to pay this were 5,l7l,3)- 60;
Leaving 81 1851 81 not provided for None Of
the principal Of the City debt came due ia 1854,
and Zone va. paid. The fund for the reSemp
liz n of the Permanent Debt increased over h,if
million during the year. The entire real
estate of the City, which is estin,tei st
upward Of 100000, ia pledged for the
redemption Of the debt, the heaviest portion
Of which (Croton.Wster Stock falls due in 1880.
TIE total operation Of the Treasury 10 1874
shows Sl2725, 912 as payments aud Sll,7l5,-
COO &C as receipts. The receipts exceeded those
of 1888 by S323,4l Is; the payments were
sl.OIO 800 46 more 10 l-54 than in 1853. la
copseouence of the additions made in 1853 this
CITY is to pay in 1855. 1916 677; the ley for
Ie54 was S432 CPS So. The City pays more than
one third Of the entire levy on the State With
regard TO The School Tax, the Controller com
plains of the unjust operation of the law whereby
this City is made TO pay into the General School
Fund S257 GIG II. receiving back Only 1864 o6.
TIE entire amount of valuation Of properly 10 this
City, last year, was 1852 2S5 100 -; Of which
$3.50, 56i,452 80 was real, and Sl3l72l3 1873 y
wss personal estate. The total tax levy in lsji,
was 81 e45, 3o6 o.. Incorporated Compaoies
possess personal estate amounting to So H.
494 al; real. s.. CO., 0S7, on which they Osy
$3.50, O37 -. Tts report shows the bad p 0t,
Of our present msrkets, and gives the figure,
which show the total receipts for the year to be
but S9l, 29G &c from eleven markets; while the
New Orleans, for the same year yielded city olly
one-ff,h our size S22S, l73. There the markets
are annually f1rmed out, and If similar system
would produce similar results here, our ma,ke.
revenues ought to reach = 000, 600 at least. The
Controller estimates tbe real estate owned by the
City at something over thirty-seyen millions Of
dollars. The CrotOn is put down at fifteen mil.
liors: but We imagine that its real value can.
not be represented By dollars and cents.
The cost and product of wharves aud piers
for FIVE years ia show, from which we
learn that the income in 1854 exceeded the out
lay by SIC seS, while heretofore the balance has
been heavily the other way. The last item noticed
in the report is an impOrtan. decision just giyen
by the Court of Appeals whereby unpaid assess
ments, to the amount Of $4,000 will be
gathered in. 1t wall be a very acceptable lift to
the Treasury, which, though by no means empty,
is well of for room. Ire tables which we add
to the report, show at glance where the money
tsrdled in 1854 was raised, and for what It WAS
expended.