Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-11-01
DISTRICT FINANCES.
Report os the Controller.
Total Baadea Debs es,ssc. eaI.

The ControiRr II the District yesterday sub
u.ltted his snnuaI report 10 the Governor. L.
embraces tabuiar statements showing the con-
dition of the finances of the District from which
il appears that the total bonded indebtedness
OF the District is 80 so2 ,25l, which sum includs as
the - 0U0 SEQ loan and the entire ndebte Iuess of
the old corporations 0i Washington and George.
town, and covers the whole public debt of the
Dis ,riet. The statement of the revenues Of the
District, estimated upon the tax levy for the
i~'al year ending June 81, 1874. etectually
diSyOses of the charge that the appropriat hons
G. the last Legislature exceed the revenues @: the
District, since Il shows instead OF deficiency
a surplus OF $780, $500.
Statement "A" shows a balance existing De
cember 81, 1872, appropri 4tious made A. the
first regular and first and second special SIS
siOns OF the Legislative Assembly, and expen-
ditures on account thereof aud balances to
credit, Septe mber -, ISIS. From this state
ment II appears that the total amount of appro
priations, balances, Nc., was SSH 10: total
expenditures to September 10, 1873, Sl5,4lO42;
total balances to credit September Is. 1873
SsC9, 800 o.; total amount OF indefinite appropri-
ations, balances, &c, SS05, 6l9.19; total expendi
lures 10 September Is. 1873, S305, 6l919.
Statement b" shows balances existing De-
cember ~, 1872, of appropriations made 6y the
second Legislative Assembly of the District OF
Columbia, expenditures on account thereof
and balances to credit September i5 1874
From this statement 1t appears that the total
amount of appropriations, balances, Sc, was
Al ,43l, 2.95; total expenditures to September
=. =
September Is, 1873. S3S4, 942I7.
Statement Z" shows the appropriations m ade
by the third Legislative Assembly OF the Dis.
trict OF Columbia, payments madeShereunder
and balances TO credit thereof, September Is
1873. From this 1t appears that the total amount
of appropriations, balances, &c, was -, 1885,
0So,l5; total expenditures to September Is, 1873,
Sll5, 40 IS; total balances to credit, September
Is, 1915, SJ,040,939 -. The footing up shows
the fetal amount OF appropriations, balances,
&c, to be Sj,a4s, 1926; total expenditures to
,l,ar1 > OSt a ~
aGces to credit at the same date, 81 ,235 ljJ IS
THE BONDED DEBT OF THE DISTRICT.
The following is statement Of the bonded
debt of the District and the late corporations OF
Washington and Georgetown, existing Noyem-
Der I, 1873:
District IF CoigmJja.-Pcrmancn improve
ment bonds, 81 ,IJ1,O0O water stock bonds
S4sj,Go0; market stock bonds, Si4uOal: i've
year Chicago relief bonds, so, 900, Wishing
ton county school bonds, SGTJD; total District
OF Columbia. - ,522 $50.
Late Cayyor1fiop of Observation-Disclosures
Of stock, S1iU,32i22, Chesapeake AMI OHIO a.
nal stock, -iS,cnO; water stock, 50 $50. ten
year bonds, SOL 100; three year certificates.
Sio. 50; nye-ye certificates, Sl93,f funilng
loan bonds s2.6sG+00; total corporation WASH
ingtOr, S4.127 ,jS4l2.
Late Corporation Of Gs0rgstoJrR.-General stock
S20l.5l296; bounty stock, so, 900; market stock
S:0s04; total corporation Georgetown, S2J2,-
3l6.J6.
Total bonded debt, =, 1902 ,25i.IS.
THE REVENUES.
The statement of the revenues of the District
of Columbia, estimated upon the tax levy for
the fiscal year ending June 80. 1874, comp Ired
with the appropriations payable therefr0m, as
made by the Legislative Assembly at its third
regular session, foots up as follows:
For Washington. on avaIuaton OF $50 jj9,7S2.
the tax levy is Sl,6i0,I9JG4; licenses, &lGS ,i2l
05-tOtal, Sl,II9 2l6.69, while the appropriations
by the third Legislative Asse mbly for the CITY
were Sl,6j2 ,931.96. For Georgetown, on a val
uation of SG212 0i0, the tax levy is Sl25, 40 20;
the licenses, S12 ,63l5S-.otal, SOILS; APP
prOpriations bv the third Legislative Assembly.
sl5o,4s9G5. For the county, on valuation OF
50 1921 go, the tax levy is Slj2, GIG p; licenses
Sls,9i' 3I-tota, SlIe,J63.J9; appropriations,
$40 1850.
For the District OF Columbia, on a valuation
OF SOS, l33Oi2 the tax levy is 81 SIS, 2j2 06; Ii
censes, 500, 000-tOtal revenue, 81 ,OsS, 2j2 O6.
total appropriations by the third Legislative
Assembly, 81 93l, S2l 06; net surplus, Si5G i2i5"
n comparison OF the arrears OF taxes for 1871,
- and 10, compared with the deficiency an
propriations of the third Legislative Assembly,
increases the surplus to S306, 1896 In addition
to the above appropriations made by the InCiS.
lative Assembly at the third regular session.
amounting (incuding deficiency bills. SIS 81
25) to S2,1l0,3t915. There was als) ap2roprl-
sted, payable in bonds, or out of the proceeds
thereof, on account of the District government,
the sum OF S962, 500; also. appropriation pays-
BILE out of specific revenues or funds for ch Iri-
ties, market expenses, &c, the sum of sl3J, 1872
66-making the total amount appropriated on
account OF the District government proper the
sum of g, POS, t4241.
REMARKS OF THE CONTROLLER.
In closing his report the Controller SAYS
"The foregoing Is a full statement of the
bonded debt OF the District of Columbia as
shown by the books of this Office, and of the late
corporations Of Washington and Georgetown
as reported by the commissioners OF the sinking
fund, which covers the entire public debt of the
District of Columbia and the late corporations.
The commis sioners of the sinking fund report
that some claims against the late corporations
are still unadjusted. They estimate their assets
on hand as sufficient to liquidate all proper
claims, and to somewhat reduce the aggregate
repoi ed above"
THE REPORT OF THE BOARD OF PUBLIC WORKS,
now being prepared will show that in addition
TO the assets, (as detailed in the statements OF
the ContrOller,) received and to be received
from appropriations made by the Legislative
Assem- bly,, the board is entitled to receive, and
have or will receive, from special assessments
with the organic act, one-third of the cost
of such improvements, aggregating about
sZ,JoOO0, which is charge upon the property
abutting on said Improvements, and is debt "
the Board of Public Works, part of which has
been applied by them in payment of their
employees and contractors. In addition to this,
there Is an assessment for the sewerage of the
city aggregating about $780, O0 which is
assessed upon the property OF the citizens BEN
ehted by such improvements. This is also
debt 70 the Board of Public Works, the proceeds
its obligations.
SIsPosiTIoS OF THE TAXES on THIS YEARS
LEVY,
The taxes received thus far on this years levy
Uy inc bIstIiCI government nave, from tue ma
ture of circumstances, been applied to the re-
demption of the old corporation debts in this
manner About S550,0OQ of old corporation In
debtedness fell due on the 1st of August. The
funding of this debt into thirty-year bonds lad
been authorized by Congress and the Lsgisla-
ture, but the negotiation Of the bonds had not
been accomplished. In order to protect the
credit Of the corporation, the District govern
ment paid OFF this indebtedness by the applica-
ton OF large proportion of the current reve-
nue.. The present financial crisis has up to this
time prevented the negotiation of the bonds
authorized for the funding OF this old debt. As
soon as these bonds shall ave been negotiated
the proceeds will be returned to the District
treasury and applied to the payment Of Its cur
rent obligations.
THR MeDoc CAPrIvEs.-Tbe War depart
ment issued orders yesterday for the removal
OF the Modocs who are now ut Fort Mcpherson
to permanent location with the Quapaws on
the Neosha river in the extreme northeastern
part OF the Indian territory.
The WEATHER IN OCTOBER Theodore
Mosher, the observer at the Washington station
OF the signal service, has prepared . meteoro-
logical summary for October, showmg:-High-
est barO meter. 80. 5}S. f15thl. lOUeHt barOm