Evening star. [volume] (Washington, D.C.) 1854-1972, 1875-12-06

20 tie President
FINANCIAL STATEMENTS.
IL shows that The revenues ~ the govern
meut for tie year ending November s1th,
lS'S fruIn all sources, including Apr pria-
lors by Congress, were - oii.Fsaos. aut tn
expenditures a. -. sC2 3; leaving a bslarce
on hand. December lst. of sts9 or >. THIS
amount Is subject 10 check as follows
on account Of contractors laborerS. appro-
ptiston, act June y, iSs4, S2is.3S; on account
81 Deficiencies OF Fire Department apprnpri-
atioos June =. .Stf. - a.. on aceounf OF
immediate relief of poor % the District 81
Columbia appropriation. act March b fS-y
SEQ; on account of Fire Department bills.
ls5l-s2, appropriation. act March B. -
So 81, on account Of general purposes,
Sis, io2 =; total net balance subject 10 check
Siss,0l6s-, amount OF appropriation Msrcn
r, lsl5, for general purposes, subject 20 regui-
sition. - $50; amount OF Appropriation, act
March ;. isI'. Fire department. subject %
TeQuisitiOn, $500 total appropriation sub
Ject 10 requisitiOn, s9io.Gfl. The above bal
anoe for general purposes OF SIS, 70, 3, is sue
tect 20 a further reduction on account 81
bills already accrued but not presented ant
audited, for Fire Department. new engine
hose. and repairs 20 engines, water mains.
unciuding main 10 new jailA building f0s
colored schools. Georgetown water sunpIv
BeTret school building and Furniture. repairs
20 Asylum building, &C. $40 $3.50.
TIE sTATEMENTOF TIKI Old FUNDED DRIP
rs a. follows. or the District OF Columbia.
$500 DO; late corporation Of Washington.
- 'fa.I-4 -, late corporation OF Georgetown.
i.ls9-l; making a total or s>.ttli'j fi.
The total Indebtedness - set forth. lncIlIiuE
Sos tonds and the funded debt. NJ s,i.-
.lool95a. During the past year the debt has
been reduced by the redemption 81 various
securities Ia the amount OF Si42.s-s. In ad-
dition, the Commissioners have appropri-
ated 10 the Commissioners Of the sinking
Fund, Tor The redemption of Eve wear Emery
bonds past due. being all OF such bonds ont
standing. 81. 500. making the entire amount
Appropriated Tor the reduction OF The funded
debt during the past year, S45S .621, amount
OF funded debt December I. l>1a. not inclui-
ing 3'5 bonds. - s.. 9fr.f3, amount OF funded
debt December I, 1873. not Including 5.CJ
bonds nor money IN hands of the Commits
siOuers OF the Sinking Fund Tor the redemp-
ton of the outstanding ive-year Emery
bonds, ss,iil,llS %. TIE total interest on the
debt aggregated S2s9. l1a95. The total funded
debt, temporary loan OF the late District
government and Board OF Public Works paid
since July lst, lo'i, amounted - Sl,5Gi 1856.
SUMS DUE THE DISTRICT.
In addition 10 the assets OF the District OF
Columbia, as stated, the Commissioners cal
attention 10 the other fO.lowing-namei sums.
Special assessments made aud 10 be made in
excess OF outstanding per cent. certificates.
Si,6S9, Sii10 taxes IN arrears on prop Hrty sold
on account OF same and bid IN hy the District
government, about $500 .OaO claims against
contractors and their sUrCties for repairs 20
pavements, for tie recovery OF which suits
are pending and 10 he brought. 500. T.J.I2.
Making the total sums due, sS.255955.S2.
THE TOTAL TAXABLE PROPERTY
IN the District i set forth as follows. WASH
ingion, S5ssol>,sSi; Georgetown, S5Si3.1I7
Washington county. SN,'si.ii5. Making
District by the United States. exclusive OF
public bindings, Sl6.C9i u9G. owned 10y the
District government, - 266, i3i; by churches
and charitable institutions. exempt from
taxation, si.0iG.GlS. The approved value OF
al the real property in the District. taxable
and exempt from taxation, aggregates
Sll5,4gl ,C92, OF which S2l ,g1S eos is eNempt
A CORRECTION.
In the last report oil the District Commits
sioners IL was stated that uncollectet special
assessments would exceed all demands
against the same, after providing for the re-
demption OF all the special Improvement :
per cent. certificates, commonly called green
backs, then amounting 10 81 .j52. 800 Tor the
payment OF which said special assessments
are pledged by law by The sum of = GA. 0JtS7.
This statement was made pursuant 10 the
report, accompanying the Commissioners,
of the deputy controller. who was charged
with the collection OF the special assess
ments. The Commissioners were not then
correctly informed OF the special assessments
then uncollected In excess OF the amount re-
quired 10 pay said Al .552. 800 of special inn
provement certificates, the amount Of which
excess al that time, instead OF being sl,6lI.-
troller at $50. Sii.i0.
But with reference 10 the amount estima-
ted as chargeable To private property for
SPECIAL IMPRoVEMENTs
upon the completion OF all work, the engi-
neer furnishes an estimate which covers
work not included in the foregoing estimate
of the deputy controller, for the report OF the
latter extends only To Nov. I, 1874, the ex-
perdituTe up to that time being basel upon
information then furnished 10 him by the
board OF audit
The following is the estimate made by the
engineer The total expenditure on account
OF special Improvements under the board OF
public works, and under the District Com
missioners upon streets not yet assessed, is
approximately stated TO amount IN the ag-
gregate TO Sl1,42S, 1905. There has been APP
propriaied by the United states. in part pay
ment for the work OF special improvement,
50 SD sec Is and Of this there is applicable IN
part yment of the amount not yet as
sessed, 81 ,6ll 50. .5ii the great main sewers
the sea-walls Of the James creek canal, and
the K-Street market can hardly be consiieret
as special Improvements OF the adjacent
property, and should not be assessed as suchi
their cost is S3,211, 5il45; the repairs OF con-
tract work, which should not be assessed as
n special Improvement, amount 10 S6oo, l&5.l2i
TIE claims for old materials are recognized
as credit or draw-b back upon the assess
mept. The aggregate OF these claims upon
each street is added 10 the statement OF eX-
penditures upon the street; and when AFTER
| deductins half intersections OF otner streets
/ government, one-third OF the remaining eA-
| penditue is taken for the special assess
ment. The loss to the tax oy tne ere 70 I Iol
thirds of this full value. The aggregate OF
/ the claims for old material upon unassessed
| streets, in the hands OF the Board of Audit,
L is reported at Ss6.0l69i. Add 10 this the
/ value of the old material measured up by
= tfiss office, 7S,576.i0, making total OF
| $40. 32 two-thirds OF TINS Is ~, I',ssi
II
dI', sun " ie9 250.ac; leaving balance oil
20 az o o. 81 - - per cent for engineering
SOisooys0s.iz. AZ a. SggG 90 o.; total, So
otu sSupeTiLtei,oehS> nut One-thr3 is col
20, JO1.0'. OF This ainO. IN fbe nj accent
Iectable by special tax W.
property. viz. - % Stsi5Gq. -rs-r rFp.
THE EIGHT PER CENT. IMPROVE
T1FICATES.
The act OF the District Legislature az
proved May -, 1873, pledged the special am
provement tax thereafter collected 20 the
redemption OF the eight per cent. improve
meDf certificates, known as 'sgreenbac KS. -
Tie Deputy Comptroller makes the follow
ing statement respecting the special ASSESS
ments received applicable to the redemption
Of these certifcates:-From the late Board Of
Public Works, 81 .iI6 $500; from the Com
missiODers of the District of Columbia,
-a33 o26.Cl. Total, Al $40 00s.Gs. l. s. addf-
tional dra " backs and corrections, certificates
OF the Auditor of the Board OF Public Works
received in payment aud Cancelled, these
certificates are no longer receivable in pay
ment OF the tax and accrued interest due a {
time of redemption of each certificate. aud
allowed, sIS6.Os0i3. Amount available,
S1,s13 $685..
Interest due on per cent. Improvement
certificates, as reported by the Commission
ers of the Sinking Fund: Amount OF issue,
5000, 900; amount redeemed TO November l.
aarrD