The New York herald., 1868-01-07

Assessment Fund Bonds-Issued to pay for
opening widening, &C., OF Streets In antic-
patton OF the collection Of assessments there
Observation-Disclosures. .............. 100000
ment OF Seventh avenue In anticipation Of
the collection OF assessments therefor. 0l,A72
Total temporary debt Of cty.......... ss.l2l,ss7
TEMPORARY COUNTY DEBT.
Revenue bonds Of 1867 issued in anticipation
oil collection OF taxes Of 1867. $200, 900
City. ......................... s3.12l 1897
County y........................... 100000
Total temporary debt, city and county. S. s2l 1897
For the payment OF this temporary debt the city
holds assets In the shape Of assessment liens unpaid
The increase Of the temporary debt, S2s7, 7e7, the
past year. was caused by the large amount required for
the pay meat OF expenses for Improvement Of Streets"
In anticipation OF tho collection Of the assessments
Notwithstanding tho creation Of debt OF 81 727 GOO
In 1867 refund taxes collected improperly from banks
and government securitcs. In 1853 and 1854, the
funded debt has been roducej IN said year lS67
lhe whole dobt Is well secured, for is lien upon
the property Of the city, both public and private
The sinking fund provided for payment oi the prin
cpa and interest Of large portion Of i s 10 sound
condition The revenues Tor pay ment OF the interest
that portion Of payable from this fund greatly
Of what required for that purpose, and the
accumuations for payment OF the principal will be
ample TO pay II long before It's maturity. este845
The following brief statement shows the actual cond
ton OF the king iunds:-
SINKING FUND REDEMPTION DEBT.
Revenues received during the year 81. sos
Received from safes Ol rckl cstate,
Excise license fees. sSs'sss
lnslalments on account Of principal
Of debt. ........................ lso,a2o 80,
Received from bonds and mortgages
paid of during tho year,
Prior to January !, ;ons ;,olnsses............ $77S5
Since January Il 1866. 57,1O3
Cr. Balance January /, 1867 $303 7O2
Revenues OF this lund during the year lS67 1S726l3
Total 7e,sl6
PAYMENTS.
Interest on city stocks paid in 1857. $6s5,175
Surplus transferred to General Fund ], l,293,0o0
Expenses paid ladverashg, &c.,.... 1856
Cash ON hand in interest account. l9o9S3
DEBT ACCOUNT
The Commissioners OF sinking Fund
hold securities to amount OF. SIS 599,2s2
Cash. Observation-Disclosures. 3o5, ,070
Making total. .slaos4s sls
December 81, 1868
And The Comptroller holds bonds and mort
cages, which, when paid, will DO credited
to this fund, amounting 1901, ,6S3
Beng half q million more tnan the amount
he'd December 81, 1885,
Mortgages for water grants. .............. o,17S
CRY REAL EsrArK.
In my first annual message ! recommended sale Of
the approved real estate belonging TO the CITY Tho
Of s nss and largo
mado in 1861 The results OF these sales have
Commissioners haye continued the sales, ANA have in.
cuded in them improved real estate not needed for
public pupose2 The results Of the saos OF lsG7 are
REAL xsrsrr or rHx CIT.
The sale OF April ., 1857. comprised forty-nins
parcels, consisting OF thiry-eight improved
and eleven vacant lots, amounting to.... e6lS 800
The sao OF October u. 1907, comprised ono
hundred and fifteen parcels, consisting OF
improved aud one hundred and eight
vacant lots amounting to. 506 $50
There was also received from the government
OF the United States for portion of tho
Park as site for a Post OGice:. $5ooooo
For site for Barge O1ice ut the Bat
tery ery..................... lV,uoV
Total sale Of real estate for year 1so7... ST. s32 $50
In addition 10 the above there parcels
bid Tor tue purchasers OF which have failed 10 mako
application for amounting TO S93,200.
The government purchase was paid Ia cash. Upon all
other excepting the fourteen parcels mentioned,
the purchasers have paid thirty cent in cash and
executed bonds and mortgages for balance of purchase
money.
THIS amounted 10 s22 176SIS. invite the careful
attention OF yourselves and tho taxpayers TO It's de-
tails-
For tue following purposes, viz
/. For the uss Of the State. So $50 544
2.-For the Police. Board Of Health, various
asyiums and support Of the county govern
a.-For Board OF Education, Public Charities
and Correction, &c, and support OF the city
government ..io,ssv,ooV
REQUIRED for payment Of appropriations s2l 500 $50
In addition, tho Board OF Supervisors are au-
tsDrized to iovy three per cent On tho
amount OF tax required laws or 1858, chap.
2g3 sec. G. TO losses arising from err
roneous asses sments, insolvcncies, &c. Tho
amount levied for this purpose In 1906
was... olo,oSo
Total. s22, l7o,s7s
ANALYSIS or TAX FOR STATE PURPOSE.
Erpenses Undr ue C5ayot Of Le Sta.< A,sLaoritica
Common scsools for state OF mill ..... $3.50 o6S
General purposes ~ mills. l06is!2
ExensOn ono Of ehenanso Canal sic Of mil. iiaS7s
Cbampiain Canal, 3lG OF . mill. .......... ll3I72
psr osSny 4 Z. s.s o. a. m ~ isss s soS
.......................s .sssso. .sA
ANALYSIS COUNTY PURPOSES.
Expenses Controlled BY cows'ssion under Special Acts
| Ee Leqtsitts1e
| For support OF the Metropolitan Po-
For cons.rus,ion Of asiism bridge $1,000
For Metropolitan Board Of Hesl,h... 74sIo
| For college u the city Of New York. li4,Oo0
Fbr Interest On tA< cbunty, War and Riot Dsos.
Interest on riot damages indsnniy
| Interest on bounty bonds. ......... S9i,5os
F5r Interest IN ne CNa<y Desx
Interest on Harlem bridge bonds. 8l400
Interest on county revenue bonds. $4,000
Interest on tar bonds ............. 10000
'''' ' -- 800 sss,,soo
Gs,eroi Expenses Of ne County. vis.
Salaries Legislative. .............. S3S 300
Sslaries-Execu,ive. e................ 201, 900
salsries-Judciary. ................ 4G0,570
Election expenses. ................. 123,J00
Erection Of Court House. 49,. 500 600
Armories and drill rooms.......... 400 900
Miscellaneous items. s............... pS9 45A
Tne vailoss asylums. the Chdrens
AID Society and institution for
tas Bind. siza3
Total. oial........................s s3,asoosy
Deduct revenues OF the county not N
otherwise specifically appropriated
---ss, aso.os7