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STATE OF NEW YORK

ANNUAL REPORT

OF THE

Comptroller on the Canals

For the Year Ended June 30, 1922

ALBANY

J. B. LYON COMPANY, PRINTERS

New York
State Library

REPORT

STATE OF NEW YORK

COMPTROLLER'S OFFICE, BUREAU OF CANAL AFFAIRS,

ALBANY, N. Y., December 31, 1922.

To the Legislature:

Complying with the provisions of the statutes, I herewith submit the annual report of the Comptroller on the State canals for the fiscal year ended June 30, 1922.

The consolidated statement of cash transactions Exhibit No. 2 shows the total receipts of all of the canal funds, including investments, revenues, appropriations and transfers to have been $16,141,027.37, while the total of expenditures, transfers and investments were $24,517,637.06.

The cash balance on band at the beginning of the year was $19,495,125.99. Adding to this the total receipts as above state l and deducting the total expenditures leaves a cash balance on hand at the end of the year of $11,118,516.30 distributed among the various funds as shown in Exhibit No. 2.

CONSTRUCTION EXPENDITURES

The total expenditures for the construction of canals for the past year were $4,826,510.70 compared with $7,241,450.28 for the preceding year. A comparison of these expenditures by canals is as follows:

[3]

Fiscal year ended

CANALS

June 30, 1922

June 30, 1921

Erie, Champlain and Oswego Canals. $1,606,616 25 $2,922,736 82
Cayuga and Seneca Canals..
Barge Canal Terminals.

10,424 77 884,113 02 3,209,469 68 3,434,600 44 $4,826,510 70 $7,241,450 28

Totals...

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