The New York herald., 1868-01-07
herewith submitted for your consideration and -


Total amount 70 be raised by tax....... S9,iel.i2
RICHARD i. CONNOLLY. Comptroller.
Measures Adopted by the Comptroiier TO Ins,
ascnse the Revenue Of the City.
DEPARTMENT OF FINANCE,
ConPrRoLLERs OFFICE,
.f.s NEW YORK, Jan. q 1863 }
Hon. JOHN II HorrMAN. Mayor:-
SIR-In submitting for your information an abstract
of the operations The Department of Finance for the
year 1867, compared with the year 1865, II seems
appropriate TO direct attention To some ofthe measures
which the Compuoler has deemed It expedient Z,
tSS,si tho city, " 'Ds p4'p''' '-' y SsI
la tie annual report which the Comptroller su
mitted to the Common Council In the month of MAJ
last, exhibiting tha receipts AMI expenditures OF the
city government including the operations OF the
respectfully recommended the sale Of the market
property and all other real estate belonging to the
Corporalion not necessary for public purposes.
The Comptroller !. grI tiled in ben. able to state
that this recommends on was ~ part carried into ef
Il CT under the direct of the Comm ssoacrs OF tho
Sinking Find, by whose authority large amounts OF
the real estate becnyn TO the city were sold at pub.
lie auction In the mcrths cf April aud October Of tho
These safes were attended With the most gratifying
results and fully demonstrated tie wisdom OF the
Of the Sinking Fund large amount Of money Which
otherwise would have yield little or no revenue.
The amount Of these sales was us follows, viz. -
SAFE OF April ........................ $ol6oU
sale OF octooer..... ......-.... 7oSooo
exclusive Of ihe sum ci soas00 bid for prsperty al
such sales for which purchases have failed to make
application. m
the view Of augmenting the resources OF the Sinking
Fund that Of increasing the rents OF stands and
stalls in the public markets I'm some instances more
than double the amount formerly received by the city
from that source) which has been acquiesced in cheer.
fully by all engaged in market traffic The collections
this for the year 1867 ncluding fees cob
ected from market wagons over those Of 1885, are -
fOllows:- astb
Receipts OF market and fees for 1857. $246f
Receipts Of market and fees for 1867. 1873 166
Making net increase from this off,. $62 959,
BY referring to the details which accompany this
nuc growing ont Uf the several mea sres recommended
by the Comptroller amounts to large sum which ~
available by the Commissioners OF the Sinking Fund
for inyestnie account Of redemption Of the city
debt transferable the General Fund for the dimts
mutton Of the taxes Of the city, IN accordance with tho
act OF the Legislature, chap 163, laws OF 1862
The Comptroller has exercised the power which
the charter and the laws confer upon him the head
OF the Department Of Finance To increase the reves
nues of the Corporation at every available point and
feels gratifel in being able to state that his efforts
have been rewarded with success Rst
The recent important decision Of the Court Of Ap.
peals recognizing and restoring the ancient chartered
rights OF the city to the Mayor in the matter Of grant
ing licenses when adered In connection with the
fact that the whole subject Of our municipal rights
during recent charter election together with tho
uncxamplcd manimity with which yol we're elected
10 the May ralty slonld set at rest all doubts rs to
the determination o., the people OF this city, now act.
ing in harmony wi the decision Of the highest cour3
In the State, to maintain involafc their chartered
RICHARD CONNOLLY, Comptroller.