of the Sinking Fund for the payment of Interest on the City Debt," passed April 9, 1862, provides as follows: "SECTION 1. It shall and may be lawful for the Mayor, Aldermen, and Commonalty of the city of New York to transfer the surplus revenues of the Sinking Fund for the payment of interest on the City Debt, at the end of the present and every future year, to the fund known as the General Fund of said Corporation, to be applied to the diminution of the taxes of said city." In pursuance of the above act, the Commissioners of the Sinking Funds by resolution, passed December 31, 1862, authorized and directed the Comptroller to prepare a warrant in favor of the Chamberlain for the sum of six hundred and fifty thousand dollars, being the amount of the surplus revenues of said Fund for 1862, as hereinafter stated, which warrant was duly executed, and deposited to the credit of the General Fund, say... $650,000 00 STORAGE, &C.-Amount received for storage, &c., of articles removed from the streets and wharves to the public yards, under direction of the Street Commissioner, and redeemed by the owners thereof, in pursuance of sections 25 and 26 of chapter IV. of the Revised Ordinances of 1859.... $22 67 SUSPENSE ACCOUNT.-There was received from the Chamberlain, for amount of unpaid items on sundry pay-rolls of 1861, returned to the Comptroller, the sum of.. $68 49 It has been the practice, for several years, to have the semimonthly pay-rolls of the mechanics and laborers employed in the several departments, paid in detail, by the Chamberlain. Warrants are drawn in his favor for the gross amounts, and delivered to him with the pay-rolls for settlement. The warrants are charged against the respective appropriations as they are executed and registered, and when delivered to the Chamberlain, they are entered to his debit in a book kept in the Auditing Bureau. As the pay-rolls are paid and returned, the amounts are credited to the Chamberlain. A monthly account current rendered by him, exhibiting the number and amount of each warrant received, and the amount of each pay-roll paid and returned to the Comptroller, affords frequent opportunities to compare and check the accounts. It sometimes happens that persons whose names are entered upon the pay-rolls as entitled to be paid, fail to come forward for their money. In such cases, after waiting a reasonable time, a memorandum to that effect is made upon the payroll, opposite the name of the person, and the amount unclaimed is transferred to the credit of the General Fund. TAPPING WATER-PIPES.-Chapter VI. of the Revised Ordinances provides as follows: "§ 46. No street shall be opened, nor pipes bored, or connection made, unless under the direction of the Croton Aqueduct Board, under the penalty of fifty dollars for each offense." The work of piercing and making connections with the distributing pipes is done under the direction of the Croton Aqueduct Board, the expense thereof being paid from the appropriation under the head of "Water-pipes and Laying," and is charged to the persons desiring the connection, from whom it is collected by the Water Registrar. The receipts for such collections in 1862 amounted to the sum of........$2,365 25 WARRANTS NOT CALLED FOR.-Under this head are comprised the following items : Amount received from Hon. A. C. Flagg, for balance of money drawn in 1851, and handed over to him in 1853, by the then Collector of Assessments, to refund to persons assessed for construction of a wooden gutter, covered with iron plates, across Third avenue. Assessment confirmed September 12, 1850 .... ...... .$80 95 Amount received from the Chemical Bank, for two checks drawn on said bank $24 31 January 25, 1844, in favor of R. J. Cheesebrough.. 63 23 87 54 Amount of five warrants drawn in 1861, against various appropriations, not called for 61 74 Carried forward..... .$230 23 Brought forward...... .$230 23 In addition to the above, there were canceled in 1862, by direction of the Total.... .... 312 54 $542 77 WHARVES, PIERS, AND SLIPS.-Amount received from Thomas J.. Kearney, towards the expense of rebuilding bulkhead between Perry and Hammond streets in 1860...... $146 45 ASSESSORS' FEES AND ADVERTISING.-Amount transferred from the Street Improvement Fund to the credit of the General Fund for the following items, viz. : Assessors' Fees.—The act, chap. 430, passed July 9, 1851, as amended by chap. 508 of the Laws of 1853, provides that there shall be included in every assessment list an amount equal to two per cent. on the total amount of such assessment, as a compensation to the Assessors for their services in making such assessment. The sixteenth section of chap. 302 of the Laws of 1859, provided that the Assessors, three in number, should thereafter receive an annual compensation of two thousand dollars, in lieu of all other compensation, and that their clerk should receive a salary to be fixed by the Commissioners of Taxes and Assessments, not exceeding twelve hundred dollars. The amount included in Assessments for Street Improvements, confirmed and sent forward for collection in 1862, for Assessors' Fees was....... $419 14 Deduct, amount paid Messrs. McNiell, Oakley, $11,624 66 Carried forward.. 600 00 VALUATIONS OF PROPERTY.-By the Annual Return of the Commissioners of Taxes and Assessments to the Board of Supervisors, the aggregate valuations of property within the city and county, as assessed for taxes, in and for the year 1862, was as follows: $571,972,435 00 Total, as reported by the Commissioners... On examining the additions of the Rolls, the Committee on Annual Taxes of the Board of Supervisors found several errors therein, which they caused to be corrected. In extending the items of taxes, it was ascertained that there were other errors which the Committee, or the person employed by them to make the examination, had failed to discover. The following statement exhibits the aggregate valuations as returned by the Commissioners, and as adopted by the Board of Supervisors, upon the report of their Committee on Annual Taxes, as the basis for estimating and computing the tax, also as proved on extending the items: RATES AND AMOUNT OF TAXES.-The act entitled "An Act to reduce several laws, relating particularly to the city of New York, into one Act," passed April 8, 1813, provides as follows: The Supervisors of said city shall annually meet "CL. 0 together at the City Hall of the said city, and examine and ascertain what sums of money are by law imposed on the said city, in that year, for the maintenance of the poor, for defraying the contingent charges of said city, and for other purposes, and shall cause the same to be raised, levied, and collected in the said city," &c. Upon such examination by the Board, it was ascertained that the amount so "imposed on the city" for the year 1862 was as follows: For the use of the State, viz.: For Common Schools For Canals, Volunteer Militia, and General pur poses. For County purposes, including the support of the Police... For City purposes.... $428,309 10 1,784,621 24 $2,212,930 34 2,442,652 00 4,962,226 38 $9,617,808 72 To supply deficiencies in the product of the levy, as per section 6 of chapter 293 of the Laws of 1861 288,462 38 Total amount required to be levied.......... $9,906,271 10 Amount required for the payment of Appropriations.... |