The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-06

Total disbursements to Dec 81, 1860: s2es7 ,o6s
The principal item in the account of old deficiencies in
tended to be supplied by the proceeds OF the Floating
Debt Fund Stock is that of unbelievable personal taxes
amounting to about 81 500 900 OF this the Receiver
Of Taxes has returned To the Comptroller during the year
of the uncsectcd personal taxes for the years
1S43 to 1851 inclusive which he reports as uncoecabc
amounting to s249 1888 Il. In addition this there
remained uncoected at the end OF the year. OF the per
sonal taxes Of the years 1857 TO 1892 inclusive the sum
Of 0 $50 % and IL is estimated that not more than
500 900 Of said amount will ever be realized. On exa
mining the subject however the Comptroller has not felt
authorized 10 cancel said taxes. They are composed NJ
great number of items mostly Of small amounts It is
known that many persons whose names appear in the
lists Of said taxes have deceased others have removed
from the city some cases persons assessed who
possessed property In other cases the same person
twice assessedoncc in the ward where he transact
ed business and again where he resided But respect
majority Of the items there is evidence before the
Comptroller that they cannot be collected
Besides the deficiency above stated it has been
tanned that the following deficiencies existed in the
principal trust funds on the LIST Of January, 1859 viz
Assessment Fund slo4 81
Deb efAe Cooperation.
The amount of the Indebtedness Of the Corporation,
represented by the various stocks and bonds outstanding
December 81 1852 as stated in the Comptrolers Annual
A Adp amount Sr ' Of central Park Fund stock
Issued 10 the Commissioners OF the Sinking
Funds, but omitted to be stated in said report. II
Total amount December 81, 1859. ... s23 $40 ,OlO
Amount Of bonds and stocks issued in $780, 1920 leo
Total Observation-Disclosures. So, 100, ITO
The amount redeemed aud cancelled in 1860
was as follows, viz
Revenue bonds Of 1859, see page 81 ,o76 $50
Revenue bonds Of 1850, page. 2,s3S 500
Water stock of 1888, see page. $50
Water stock Of 1850, see page 2,i!G o6S
Public building stock, No. 8, page $4,000
Public stock for rebuilding rompkius
market. .................,....... 1900
--.-- 10 362 .i66
Total amount December 81 1860 ....... S23 1853 6l4
The Central PARK.
Extent and Cos. Of the Land-Ths park embraces the
tract bounded the north by 106,h street. the
Fifth avenue the south by Fifty nth street and
the by Eighth avenue and contains 73 IS 100 acrcs
of which 1856 acres occupied by the reservoirs of the
Croton aqUcduct.
The total of said land including the Arsenal proper
ty, purchased from the State, and the expenses
neced with its acquisition stated in the Compro-
lers annual report for 1859, s. 400 AL
Add amount OF bill for adyerts ny, paid in 1860 100
Total .............. 50 4os, Oh
OF this amount. there provided
by the assessment for benefits on
account Of opening said Park, IN.
Gliding So ,0O0 allowed for collect
ing the same, the sum of........ 81 Gel 395
Deduct amount allowed Or to be al.
lowed. under ordinance Of the Com.
mon Council for fees Of the COLES
tors of assessments, VIZ -
On Collections, say oni II 46l,
1886, al "a per cent. $50, 534
On return Rgroau of Ar
rears. say on $500 900, at 2
per cent '..''.......s.'.. 4,VoV
- 1870, $50
Showing The actual cost Of the land to be- 3ss 75l
ImpgpremTfV he Part-lhc amount paid over
10 the Board OF Commissioners Of the Central
Park Of tie proceeds OF Central Park I'm.
provemehi Fund Stock, as stated on page,
is.......-.. ..,......... 81 6S32O0
Amount paid for advertising, &c.. 1896
1857 O69
Approximate cost Of the Park including i'm.
proyepents, to December 81, 1SsQ...... }e,47s,s2Q