APPENDIX. The following is an Exhibit of the total Funded and Unfunded Debt of the city, Dec. 31, 1875, compared with the debt at the close of the year 1874: Oliver street 160,000 00 84,329 28 $1,247,629 28 $1,244,281 13 $45,134,261 52 $44.675,783 09 Increase of the gross debt during the municipal year 1875, $458,478.43. The means on hand for the payment of this debt of $45,134,261.52, December 31, 1875, compared with those of 1874, were as follows: Increase of means during the municipal year 1875, $764,058.02. The gross debt, Dec. 31, 1875 The means on hand for the payment of the same, Dec. 31, 1875, were Net debt, Dec. 31, 1875, was $45,134,2,1 52 16,381,626 50 $28,752,635 02 The net debt of the city Dec. 31, 1874, was $29,058,214.61, which shows a decrease of the net debt amounting to $305,579.59, while the gross debt was increased $458,478.43. During the year 1875, the payment on account of the debt amounted to $1,931,069.72, and the certificates of indebtedness for this amount were cancelled. The gross debt is classified by the Auditor of Accounts as follows: We have the total amount of loans outstanding for all other purposes than for Water Works $34,027,550 41 The amount in the hands of Sinking Fund Commissioners, for the redemption of the Water Loans, both Mystic and Cochituate, is $1,662,129.82, and is included in the total means in their hands for redeeming the debt, thus leaving for the payment of the $34,027,550.41, with the Sinking Fund Commissioners $13,591,425.91, to which is to be added the bonds also pledged for the payment of the debt less those received on account of the Water Works $3,474, $1,124,596.77, in the total $14,716,022.68. |