The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-22
| MUNICIPAL AFFAIRS.
BOARD OF ALDERMEN.
wuw OoMpwR NJ IRR'a ANNUAr N vunpw

I
~-~--~-~~-~~---~-------
BOARD OF ALDERMEN
THE ooMPTRoLLER's ANNUAL REPORT
1Iis Board met last evening, the President, Isaac
Barker, Esq, IN the chair.
1be annual report OF the Comptroller was received T.
y - follows
DEPARTMENT OF F1SA FIN. cosr,RolIns,s OFFICE
10 the COMMON CouSc1L:-
The zlst section q the act lsie to amend the char
q Department. shall report IN Wus to The Common
Council at the commencement Of each cd session.
suon to the Improvement thereof, and o the public
business connected Herewith, as he may deem advI
The ordinance Of the Common ourc adonted In l849
sanizpg the Departments declares (ses. 1922 that
1rt meeting in Jsnusry ia each year, for the general
oTmaion Of the citizens Of New York, full and do
sase a., statement setting forth. ;, .. c,-
- Ar ne s
e. y
s.sa of The Corporation
sats have been prepared and annexed to this report
chewing the operations Of this Department for tho year
Statement No. shows the receipts and expenditures
Vie Corporation during the year ending the 3lst
December 1879 exclusive Of the linking fund set apart
%. the of the principal and interest Of the city
The total received into the treasury during thu
year, frtm all sources except the sink
The payments from Jan i, is5b. 70 Dec 81
% we same yeae a. 00 Hs 20
Exeers of expenditures receipts.... $40 l25 %
tuxes and recspfs Of the city proper
including either the sinking funds for the
yssz ending Dec 81, 1856. The totsis as follows
hpe.diturea. for the support of the city
Receipts except from taxation Ss'sss n
Balance pay able from taxation. ,s7s 1921 So
Statement No. shows the appropYis tions expendi-
taIes and receipts OF trust and special &C.
ss..,a from Jan 70 Des 81, 1885, as follows VIZ:
Aeceipts including taxation. 64S4 OPT 08
Excess Of expenditures ........... 81, 1877 275 %
THE SINKING FUNDS.
The sums received and expended account of the
SINKING funds for the year ending 3lst December 1885,
Rssived account Of the fund for the redemption
B.Hs.s u S sn,' Saa ns
Total. ,2as a1s %
Balance in bank January l, 1855. ... s22l, $3.50 OF
Received account of the fund for the pay.
ne1t Of interest on debt. 81 733 1926 81
Balance m bank, January /, 1866 ....... 3ls'94O SO
Total. 80 O5O oar 20
Pasd FOR interest on the city debt, invest.
1S6O, 100 80
gives esos ssssipts
and expenditures Of the Sinking Fund for the
payment Of the principal Of the city debit and
No the items Of receipts and expenditures account
The balance, subject TO the draft Of the Commits.
one.s 81 the Sinking Fund.- on the LIST Of January 1885,
Statement No. shows the total amount Of the DER.
nAnent city deb, and also the means accumulated by
the Sinking Fund for Its payment.
The debt on the LIST OF January, 1856,
amounted to the sum Of $14 600 866 90
There was, at the same date, in the hands
OF the Commissioners Of the Sinking
Fund.- sppdcable to the city debt...... 6,5947l9 OF
Statement No. shows the stocks and other securities
hsd By The Commissioners of the Sinking Fund for the
rsburaement Of the debt the total Of which is given
PAYABLE BY TAXATION.
Statement No shows the amount Of debt .edeemable
Of this debt Is 81, 2O4, 600
there has been p.ld, February 1856, on .oeoun. Of
which was raised by tax.
1he Commissioners have on hand sui Gent means, in
PahAc Building Stock falling dus Nay g. 1855 SSlS OOO
x1s Of Revenue Bonds whish can BE- received in
10 70 ps No .SG.s sss may b
ne amount Of stock to be reimbursed In Nay "a
s a y
interest st The rate Of i've per cent Per annum.
Lam STOCK payable Which seven Der cant ao ssosS
The Commissioners win have the means consistns Of
1sy.nus and assessment bonds sufficient TO pay this
their hands for the redemption Of the city debt 1855
hrss millions Of dollars q Ave per cent stock is payable
TOTAL OPERATIONS OF TIE TREASURY IN 1885,
The following statement IL summary Of tho amounts
paid ont Of treasury and received into IT, account
government and the several trust funds for opening
grazing and paving streets, and covering the entire ops
Payments shown in statement No. L.. S14 l06 III 60
On account Of the sinking fund, for the
payment Of the city debt, as shown in
o. account Of the s.ins fund for the o
payment of interest, statement No. g.. 1880 $50 80
Total amount of payments. sls 5as, 4os s:
Hscsipts, Is shown in statement No l.. ose o.
On account Of the sinking fund for the pay
ngnt Of city debt, statement No. 49,. 1851 376 40
On account Of the sinking fund, for the pay
Dent Of interest, statement No. 6.... 1,733 126 81
Total amount of receipts .. SIT O2O 900 OF
N the statement Of the total operations Of the treasury
tne last report for 1854 the paynsns in statement
The total q both sinking funds. S5s IS
In statement No. 1................ ..$e TAI $40 IS
Hosh sinking funds. l97l,2o0 OS
1hs expenditures during the past YEAR a. sSovo 10
statement No. exceed those Of the preceding year BY
Sh ss% .sa:::: i. ::ccon,ea Tor :, 1914 80
Increase Of payments account Of opening
streets. ....................... 1922 $40 81
Streets pAvng..... ................. 47,403 81
Common schools for State. ............. 81 226 80
Common schools for city ............... 19T, 1856 SO
0rCton water extension. $50 266 10
Commissioners OF Records Observation-Disclosures. SO 600 90
Revenue bonds. $40 soS 90
Statement No. shows the amount OF revenue bonds
issued in the year 1885, in anticipation the tax levied
in Of the year. to enable the treasury to
to the ordinary expenses for the support city
government and to the appropriations for the
Of Education the Governors Of the Almshouse the mill
tax the tax for State schools So These be-
gin ct the meneement Of the fiscal year. in January
and the taxes collected Ia Septe ber October
bar &C. This state Of things renders necessary 70 an
tpate large portion Of the annual tax BY borrowing 10
meet the claims the treasury from month TO month
Thiss done BY issue Of revenue bonds at fve six
and per cent interest," reimbursiole in SIX nine
and twelve months.