New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-10-12
FINANCIAL CONDITION OF THE CITY.


CONTROLLERS ANTE-ELECTiON REPORi.
CRY or NEwYoss, DSS,sTNssI oF EN.seE'{
CONTROLLERS OFFICE, o. II, Hos
To the Hon. TIC Board Of Szpe,r'0'' TIE Comfy Se YORK
The 3ith section of the act entitled e" An act to
amend the Charter Of the City OF New-iork, passed
April II, 1857, provides as follows:
.bs be the duty of the Controller pabi's two months
before the annual election Of chsIter os N each yeaT or me
GENERAL inform alton Of the citizens Of Newros fun and de-
tailed statement Of the receipts and expenditures Of he Corpora
oung year endr the ls day Of The mouth IN Which
such publication made and such A;emen. The differ
nt sources Of city .,snae and The 'osI; sGesd nom
for whch the made sad he amount moneys
Corpoation The authority under which made aud
the which the vo oo;ned sha Be cesry aid
particularly 'pecined'
The 9th section Of the act entitled An set regust-
irg the Board Of Supervisors of the City OF New
York passed April IL, 1857 changing the organizs-
ton of said Board and separating the fiscal affairs OF
the county from thoee Of the City Government pro-
vides tina.
"rhe Finance Department Of the Mayor. Aldermen sod
Comnorsty the City Of York. and is o.rs shall have
the lie power perform the like duties regard he fsL
said Board they posses he local
Of the said Mayor, Aldermen aad Conmonaiy"
This last mentioned act not having been carried into
full effect and distinction made in The receipts and
expenditures said accounts respectively previous 70
the lst of January last, it is not practicable TO state
the receipts and expenditures for county purposes
alone prior to the beginning Of the preeent year. For
this reason the statement herewith presented includes
the sca operations of the county for period of only
ing September ~.
The particulars required to be published by the Cor
troller are as follows:
|, A statement of receipts showing the different
sources ofrevenue and the amount received from each
III. A similar statement Of expenditures showing the
amount Of the several appropriations made by the
Board of Supervisors the objects for which they
made, and the amount Of moneys expended under
each.
ILL., A statement of the moneys borrowed on the
credit of the county Beard OF Supervisors specifying
the authority under which each loan was msde, and
the terms upon which the same was obtained.
REVENUES.
The only of possessed by .he County
GOvernmen, are the annual taxes and the fees re-
ceived for official services performed by certain county
officers.
the amount remaining I'm collected g. that date say
S3S76S7j 6 lees $2 900 raised for reconstruction OF
the county jail, assumed to belong to the Corpora
ton Of the city, all appropriations for county purposes
with the exception Of said SO 600, having been paid
previous to that date from the proceeds of revenue
bonds of the Corporation, otherwise. AL collections
for taxes and interest thereon made BY the clerk Of
arrears, have been deposited with the Chamberlain.
The collections made by the Receiver OF Taxes, on
account Of the taxes for 1853 and the taxes personal
property for previsus years. have been deposited with
the County Treasurer in conformity to the ordinances
of the Board of Supervisors The collections on &C.
count of the taxes for 1859 have also been deposited
with the County Treasurer.
The sources Of revenue and amount of receipts from
each for the nine months ending Sept. 81, 1879 were
follows, viz:
From Taxes as per detailed statement hereunto an.
From n,si::: on Take: SD Is
lie. Discount faxes Of ls59..... B7+ 90 27622 IS
81 Ss74Ss a5
From County Clerks los i5 50
From Clerk Of Cour, Of Common Pleas Fees STA IS
From CleIk Of Supreme Courts Fees........ 28S3 IS
l6l52s II
APPROPRIATIONS.
The amounts appropriated by an ordinance Of the
Board Of Supervisors, approved by the Mayor July
Is, 1859, entitled " An ordinance making appropris-
tions for the year 1885, per detailed tabular state
ms mt on page -, as follows:
Foi State purposes L5-oeo SO
Total S33il,sil 80
ENPESsEs.
The expenditures under, and in pursuance of the
foregoing appropriations, for which warrsnts have
been drawn upon the County Treasurer, during the
lows:
For State purpose. ri,.
Conn SomT T,s School. for s'a'e t s3
For County pu,po,e'.
Total per statement xed 447i7 10
Ff 81
summary Of the above containing a LIST Of the
several heads of accounts with the expended
under each and the balances OF appropriations remain
ing unexpented is given on page.
REcAPITULArIoS
observation-disclosures drawn above 81
hscepts-Iotal lol52S II
Amount for which the County Treasury was over.
drawn sept 80 lsoa 81, l6O 1t5 50
The annexed account OF the County Treasurer shows
the excess in the amount of payments actually made
by him beyond the amount Of his receipts TO have
Amour, Of warrants outstanding the same not hsy-
ing presented fOr payment 33ss5 50
Total 1925 50
In classify ing the expenditures little difficulty has
been experience in determining which are County
and which are City In some cases the law pro-
vides that the Board Of Supervisors shall fix the sala-
RES Of certain officers, while the same law provides
ID at the fees for official services performed by said
officers shall be paid into the City Treasury. The tax
law of 1859 designaes what are "county objects and
purposes" and what " the expenses OF the goy-
enment Of the city, and this law mas governed the
action of this Department in opening AMI keeping the
accounts Of appropriations and expenditure. Fhe
whole subject, however, in the Judgment OF the COZ
troler needs revision, and if the separation Of the
finance affairs of the county from those of the city con-
templated by the existing laws is to be fully carried
out further legislation should be procured to define
distinctly the limits and urs fiction Of the respec
tive authorities of the county and city.
LOANS.
The only loan made the credit Of the county is
Of go 600 for the completion of the free bridge
Harlem River, at McCombs Dam.
Under the provisions Of the act entitled: An act
for the removal of distractions from Harlem River,
al for free bridge over the same, passed April 10,
ls5S, there issued, in 1888, to Richard +. Car
man ard William James Stewart, Commissioners
designated in said act, bonds Of the County of New
York, dated July l6 1858, and payable May l, 1853
beaIing interest at per cent per annum, payable
semi annually, May and November. An amendment to
said act passed April Is, 1882 authorized and directed
the Controller TO issue to said Commissioners upon
their requsition further amount of sad bonds not
exceeding $40 co., the TO be applied to the pur.
chase of the land and the building Of said bridge In
pursuance Of such authority, and in compliance with
the requistion of the Commissioners, bearing dste
June l. 1859 there were Issued 10 said Commissioners