New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-05-04

., issJ
~ IT, 80 .. d,ure under these heads amounts
Tbs Who'll OF this i. paid by taxation.
The amount expended during the year 1855 for the
ssme purposes, Sf5s9s2' u
Being more than for is57.............. sIs ssl Is
Statement No shows the appropriations and expenditures
The total amount expended these accounts is 7Oi p
se portion OF this is paid BY taxation under general
Isylem for Idiots = $50 90
Building Loan Stock $1,000 90
CnsIses Arrears of Asscssments 1851 50
Common Schools for ta,e.................. 2346O 81
CSn.1s Pr. interest on debt %
Deaf and Dumb Asylum. 1870 %
Institution for the Blind. 1870 90
New-YoIk Juvenile Asylum. 27fi5 IS
STATE MIL 5l7iO 50
Redemption Of Reyense Bonds 6,5s95l5 co
Society Reformation OF Juvenile DeDquens 5000 90
1886 81
Total -. OsS 6Os 81
in s.steLocnt No. ASH 6s3 81
1860 2is %
appropriations which raised by taxation for the year The
between this and Included in the levy
the expended raised,
y be by reference the appropriations given in state
No appended ha. been prepared for the parPe:s
have caused the great increase Of taxation. $500 80 1872
Comparing 1 the s .s sou 3 AZ By ersnos
to pr Of expenditure will be seen that large
pS OF coon coaS Il and he no
effective control This shown by companion oil the fonow
Ing items; I,c,s.s.
Aim. s45s80O 90
Common schools for State 2oSSD 10
Common schools for 4BN0 Sl
Commissioners Of ooc0oo "
State nnu tsA' '
ro,,,. Is67,l16 81
Nbouss two third. Of the Increase expenditures during the
lat has been produced by causes beyond te Of
penaure under its control have greatly exceeded the sum re-
aured economical administration Of the city government
in regard expenditures first above alluded TO- but merely
rsd system economy all departments Of the city govern
nn and Of the State government Also that the TAX payers ale
THE SINKING FUND o,-,.r,
The receipts expenditures OF the Sinking Fund
for the year ending December 81 1887 shown by statements
annexed 10 this report as follows 90 - e,
Statement No shows the receipts OF the Commissioners OF the
Sinking Fund for the payment OF the City debt:
Received account of the fund Tor the payment oil ~ ~
the cebt during the o,s 40
Paid from the same uho''''' ''''''''''''''''' -fo w
Statement No shows the receipts and expenditures
count Sinking Fund or The payment OF interest on the
Received on account of the Sinking Fund for the
year ending December 81 1857 .........* 9I6 t5 AZ
Balance ia Bank, January lS57.'.'.''.'.''' Loo"
TU.s,: ; ~: ::m. Enni siSioi %
Bsaoe January 1883 .: ct; ~ ar. StS .Od the ~
held by the Commissioners Of the Sinking fund Tor It's
he debt amounted JAN 1853 sls4ssles 90
The Commissioner held at the time aS586zs "a
Debt ypprovded for. 58s &c
Statement NO and other securities held by
the Commissioners Of the Sinking Fund oi the payment " the
The various stock. held By the Of the s SINKING
found 70 correspond with the amount gwen IN TINS s
this ropOlt. (see statement No 81
OF me ~ s1Sss @ Of the ' seven pts cent
TIE OOObf five Water Loan stock Issued
according to the terms Of the certificates OF or aJ tbs
January 1855" The Commissioners OF the Sinking Fund
held an fund in stocks and bonds and MORTGAGES P
to the payment Of tins GeO sS% T S th S .sceVcu
about 100000 bore interest az the rate OF i've per cent
Cue ISs'pe ene Sa e in October and November
ihst this debt be paid in cash the l Of Janu-
usual preceding the reimbursement OF former loans
This stock had s~sy: s oss d ns Iep sn
holders of this stock would have been disappointed
payment deferred under the terms introduced into the
cefoste In view Of all the circumstances the Controller
Of November issued circular to the holders OF the STOCK
ss Der cent certidcstss the t Of
s These circular. We're mn .n %
changes the amount which the Commissioners
The per used payment Of the debt of 1853
derived fiom the following sources; -, . -
within the limits Of the Central PsIs the amount Of
tb sinking Fund passed resolution per Cen
Psk Fund Stock in payment OF these bonds anu mort
which we're virtually Cancelled BY the law for the scqu'
The common lands within the limits Of the Central Park were
valued by the Commissioners 1896 954 7 aud this sum was
swsrded to the Corporation and January 81 1853 the Com
Of the s19 Flnd s S this and
10 apply the to the psyu ent of the debt Of So me
Of 90 Ss psr cent os for which the sinking
Fund h,d advanced cash and six per cent Revenue BONDS ana
be made available for paying awards to upsnSwG OSS. and
noyded by chapter IS Of Laws Of 1857 which sum was
applied the Of the debt OF 1885, These several sums
The sinking fund Tor the payment
pus beyond the amount interest annually required and hs
borrowed from this tnd TO aa IN paying tae
1853 the amount OF which VIII be repaid the
the psns I'm for The payment debt an equal amount Of five
pr before alluded to have enabled the Commission
pay Cd and cancel previous to the lot Ap'n'
=" 'He " ,seRSSsr or the srocK DEBT OF CITY
During the wear 1851 the debt Of the city ha. been IN
S an :.s' % Of Of: Pst LsSs Of
chase adds about ten acre. OF lana 70 .e P1k The
sncip Of mi. debt h PAYABLE from the Sinking Fund the
1888 and the interest ], to Be added to tae 5000 Of six
p cent ocs t the mpovcent the Central PAX as pro
o.E y 5es, cSsrsb upon the sinking Fund bay the
intee. be raised by annual s. provided the a %
thcs. cssion q deb or the Improvement of the Pal
Ts hs. been added to permanent Stock Debt the city
for the purchase land aud the construction Of new C6StGn
Der cent per suuum and the principal rembusabe In the year
s provided BY ensPet p OF The Laws Of l n FP
PAYABLE BV TAXATION -, -.
No shows the amount OF deot feoeesoe i0
yesr to year by taxation. 49,. L. ,oso .~ q, ,oa 400
tN' '''' ctSTKAL PARK ASSESSMENT STOCK 81,
Statement No 10 shows the amount Of oIk issued iot lne
a,va,5. Tor and in the Central Psrk redeema
s che ssse,sm emit for tho Central Park FEB D 1903. Inc
tot, amount Is 81, 6Oooo@ $500, .>,orxr
No IL shows The sTSan, , 81 ISL Also the
,uounts paLn during the same year. & ,qs 0,o M
The amount orowed SIS7 Ia 0o
Amount paid. .'''''''''''''' $50
Amount outstanding Jan. I, 1883 w
LOANS TO BIZ PAID FKoM A>ssssNiNls' ,.....,.