New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-02-22
ANHTlLREPORT OF THE CONTROLLER
FOR THE YEAR 1855.

ANIMAL REPORT OF THE CONTROLLER
FOR THE YEAR 1855.
Tie Controller cent his Annual Report to the Com
non Council last night 1t is very long document,
repeating great many facts which have already been
published. We select such extracts important:
The tots amount received the Treasury during ne year
from al sources except the SINKING Fund oSo 80 o.
Tie pa nenis from Jan. |, lS55 70 Dec Of the ~ -.
same HIo57l2 ~
E1esss Of e1pepdirar,, over reeepts.... s7ol25 %
The appropriations, expenditures and receipts OF the
City Government proper and not including either
lust Funds or the Sinking Funds, for the year. are as
follows:
E1Eendiures for the support Of tie City Govern
~
Receipts except for Taxation oo''d
Balance payable from - ssG 50
The appropriations, expenditures and receipts on
account 81 1Ius and Special accounts, from Jan. TO
Dee 81, 1855, % follows:
EIpenaiturss Trust and Special Accounts ~ Sos u
hteepif' he!aalAg TAXATION sSt'-' %
Excess Of EItenlitures .............. 81 ~ ms p
The sums received and expended on account of the
Sinking Funds for the year ending 3lst December,
1s55, Lave been are as follows;
Received account OF the fund for the redemption - .
Of the City Debt during the @o3l5 ~
Bs.aLee IL Bank Jan !, observation-disclosures II'hS %
Paid iIcm the same I''9' o.
Balance in Bank Jan. 1855. ..:........ s22 S25 Of
Received account % the fund for the PAymsn; -. -
Balance IL Bank Jan. l. 5000 -
c5i 20
Reid for inie.e.t on the city Debt invested lsos 70
B,l.,c. 4669 16s 90
Tie balance, subject to the draft OF the Commits
sioncrs Of the Sinking Fund on The let Of January,
1886, was ss9I ISL Of.
The total amount Of the permanent city debt, and
also the means accumulated by the Sinking Fund for
Its payment, WIS:
there v as at the .sne date in the hands OF tho
Commits oI ers Of the Sinking Fund, applicable - -
10 the city o'9i'l9 "
Balance Of the debt uuproyided for....ss+6,I55 Oj
The total amount of debt redeemable from year to
year by direct taxation is 81, 100000.
The Cummb sioners have on hand sufficient means
IN Revenue and Assessment Bonds, for the redemption
of the Public Building stock falling Que May ., 1910,
s5l5COO. The amount of Revenue Bonds which can
be received in May next, in time to pay the above
debt. l. st25, $50
ON the let of February 1857, $500 4ss of the Water
Loan Stock is PAYABLE, which is per cent stock.
Tie Commissioners will have the means, consisting OF
Revenue and Assessment Bonds sufficient 70 pay this
debt without disturbing the permanent investments IN
their harcs tor tie redemption OF the city deDt' In
Is5s $1,000. 600 of per cent stock IL payable.
The following statement is summary OF the
nmount paid out Of the treasury and received into It,
On account Of the Sinking Fund.- the ordinary sup
lot OF tie City Government, and the several trust
covering the entire operations OF the Treasury.
Pawn 67l2 90
vi of thu city lO9sG
On sseGGpt o. me 1,aAs a. $50 80 50
Total amount Of p.vmepts 100 81
ReceiJts As shown IN statement No l... lICJ7No 81
oH Of e edl lei l 376 -
y" OF 81 I7sI 10
Total amount ~ IL 10000 "
In the statement Of the total operation OF the
Treasury in the last report for 1854 the pay
The total @, boil sir King furds ........ 254lis 30
4I2725sOo l2
Tie receipts as follows:
Ho'b .nIirg igJI2o o.
Total 200 81
The expenditures during the past year exceed those
Of the p ecedng year 10y the sum of s392l, 1874 SO.
Tie Increase is accounted for as follows
Increase Of payments Oh account OF opening -. -
Streets, %
Common schools for Observation-Disclosures. s722j s.
Common schools or y.....'.''''''.'.'.''' ig se %
Crofon Water extension. l60b5 -
mn .ssioners OF Record ........'.'.'...'' oVO "
ReXepre bo1ds 2slO293 %
s4,N4sS5 II
The Controller shows the amount OF Revenue
Bonds issued in the year 1855, IN anticipation OF the
tax levied IN September Of the came year to enable
the Treasury to pay the ordinary expenses OF the Cry
Board of Educ ation the Governors OF the Aims House.
the Mil Tax, the Tax for state Schools, &c. These
expenditures begin at the commencement OF the fiscal
wear in January, and the taxes are collected IN sep
iember, October November &c. This state Of things
renders necessary to anticipate large portion OF the
annual tax, by borrowing to meet the claims on the
Treasury from month TO month. This Is done by an
issue of Revenue Bonds at 5, and per cent interest,"
reimbursable in 6, 9 and II months.
The levy 1855 amounted 10 the sum of 5so2 ~
Tho borrow ed OIL Revenue Bonds II 1885, III a,
Anticipation OF tbs tax..''''''''''''''''''' '''i ~
Difference y....................''.... s%'SS<- "
Revenue Bonds Issued in previous years were paid
of during the period TO the amount Of eJ,'IJ'
300 90.
The amount OF Asse ssment Bonds issled aud paid 80 .
durDs the year less se0 W
ReGee o'V' "
An cunt .ssued more than redeeneI...... $4,000 90
The amount of Assessment Bonds has been largely
inoreaGed by tie operation Of an ordinance passed
December, 1854, authorizing and requiring the Con-
troiler to make advances contracts TO the amount
Of 20 Ter cent as the work progresses.
The excess Of expenditures on account OF Union
and Catharine Markets and Fremens Hall, has leit
the Treasury in the urch TO the amount OF s26,Z7 H.
THF DEBT OF The CITr-PREsENT AID PROSPECTIVE
The debt Of the city, for which stocks have been
issued amounted the let Of January to the sum Of
&c. There is accumulation OF funds IN
the custody Of the Controller and subject to the man
sgeIneu, Of the Commissioners OF the Sinking Fund,
considerable portion Of the stock which constitutes
this debt and other securities amounting IN the az
gregste to the sum Of s55s4,7ls %. THIS leaves
balance OF debt unprovided for of ss,4C6, 1856 OJ.
The two sums equaling the stock debt, az before
Tiere il sl,o debt ss,iIsi the sy, Tor which Cor
poiation Bonds have been issued, amounting TO $1,000.
1O4,s5d