Taxes for Interest 2 **** & Total Income Amount of A mount of YEAR. . . . ant sta' lo. 281 stašč. '17s Estoneral for Department Possible Actual.
Sinking Funds. Stat. ið00, Čh. 339. stat. igod, Či. 393. e Expenditures. Appropriations. |Appropriations. 1885–86. . . . . . . $2,171,569 00 |... . . . . . . . . . . . . . . . . . $5,949,099 00 $2,804,550 00 $8,753,649 (0 $10,925,218 00 $10,608,100 00 1886–87. . . . . . . 2,176,357 00 |... . . . . . . . . . . . . . . . . 6,030,316 00 2,588,490 00 8,618,806 00 10,795, 163 00 10,553,690 00 1887–88. . . . . . . 2,425,465 00 $425,000 00 6,108,867 00 2,694,800 00 9,228,667 00 11,654,132 00 11,654,094 00 1888–89. . . . . . . 2,517,522 00 425,000 00 6,246,705 00 2,261,080 00 8,932,785 00 11,450,307 00 11,450,307 00 1889–90. . . . . . . 2,492,510 00 425,000 00 6,399,641 00 2,408,090 00 9,232,731 00 11,725,241 00 11,725,241 00 1890–91. . . . . . . 2,990,942 00 425,000 00 6,603,632 00 2,470,240 00 9,498,872 00 12,489,814 00 12,489,814 00 1891–92. . . . . . . 2,887,916 00 425,000 00 6,851,124 00 2,635,390 00 9,911,514 00 12,799,430 00 12,799,430 00 1892–93. . . . . . . 3,150,420 00 425,000 00 7,110,325 00 2,914,675 00 10,450,000 00 13,600,420 00 13,600,420 00 1893–94. . . . . . 2,910,219 00 425,000 00 7,373,818 00 2,756,590 00 10,555,408 00 13,465,627 00 13,465,627 00 1894–95 2,826,068 00 425,000 00 7,650,686 00 2,490,000 00 10,565,686 00 13,391,754 00 13,391,754 (0 1895–96 3,098,229 00 425,000 00 7,891,149 00 2,598,665 00 10,914,814 00 14,013,043 00 14,013,043 00 1896–97. . . . . . . 3,231,959 00 425,000 00 8,123,212 00 2,764,290 00 11,312,502 00 14,544,461 00 14,544,461 00 1897–98 3,335,658 00 425,000 00 8,350,547 00 3,218,450 00 11,993,997 00 15,329,655 00 15,329,646 00 1898–99....... 4,264,040 00 425,000 00 8,564,750 00 3,488,234 00 12,477,984 00 16,742,024 00 16,742,024 00 1899–1900. . . . . 4,202,318 88 425,000 00 8,770,823 00 3,487,819 68 12,683,642 68 16,885,961 56 16,885,961 56
From the fiscal year 1885–86 to the fiscal year, 1899–1900, inclusive, the City could make annually appropriations, to be met by the general revenue of the City and by taxes, to the amount of the interest and sinking-fund requirements, to the amount of the County expenses up to $425,000, and to the further amount of $9 on each $1,000 of the average of the assessed valuations for the preceding five years, the valuation for each year being decreased by all abatements allowed to, and including, December 31 of the year preceding. During the fiscal year 1900–1901, the Legislature passed an act (Stat. 1900, Chap. 399) repealing the laws of 1885 and 1887 (Stat. 1885, Chap. 178, and Stat. 1887, Chap. 281), and authorizing the City Council to make appropriations annually to the amount of the interest and sinking fund
requirements, to the total amount of Count tions for the preceding three years, reduce
expenses, and to the further amournt of $10.50 on each $1,000 of the average of the assessors’ valua- by all abatements allowed to December 31 of the year preceding. As the law went into effect in
June, 1900, it increased the amounts that could be appropriated for that year as follows: Taxes for County purposes from $425,000 to $1,002,500,
or $577,500; taxes for general purposes from $9,063,156 to $10,912,823, or $1,849,667.
appropriated by a supplementary appropriation bill.
Of the total increase, $2,427,167, the amount of $1,611,710 was
Since the Last Anneacation, January 5, 1874.
(From the Report of the City Auditor.)
The following table shows the expenditures of the City, exclusive of sums spent for redeeming debt and temporary loans: —
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