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Taxes for Interest & ot * Total Income Amount of Amount of
Purposes Limit Law, Estimated General w * *
* | simi.ounds, stafiosol, statio.o.o. "Revenue. o' | Avoions. Abou

*> * | Stat. 1900, Ch. 399. Stat. 1900, Ch. 399. Xp & pprop 8. Appropriations.
1885–86. . . . . . . $2,171,569 00 |... . . . . . . . . . . . . . . . . . $5,949,099 00 $2,804,550 00 $8,753,649 00 $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 13:43,814 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. . . . . . . 2.919,219 00 425,000 00 7,373,818 00 2,756,590 00 19,555,408 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 00
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 3,335,653 ()0 425,000 00 8,350,547 00 3,218,439 00 11,933,937 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
1900–01....... 4,226,304 00 1,002,500 00 10,912,823 00 4,195,658 56 15,108,481 56 20,337,285 56 19,521,828 56
1901–02. . . . . . . 3,997,396 00 1,017,500 00 11,305,458 85 3,732,062 29 15,037,521 14 20,052,417 14 19,928,976 24
1902–03... . . . . 3,623,110 00 1,010,000 00 11,702,263 71 3,445,779 25 15,148,042 96 19,781,152 96 19,425,152 69
1903–04. ... ... 3,966,294 00 1,000,645 00 13,053,555 13 3,566,982 00 15,626,537 13 20,593,476 13 20,197,063 00
1904–05. . . . . . . 3,943,597 00 1,083,000 00 13:314 59 3,535,792 01 15,918,106 60 20,946,703 60 20,474,996 00
1905–06. . . . . . . 4,193,758 00 1,130,000 00 12,669,764 80 3 436,513 46 16,106,278 26 21,430,036 26 20,947,378 26
1906–07... . . . . 4,670,220 00 1,135,000 00 12,909,006 82 3,559,215 34 16,468,222 16 22,273,442 16 21,281,670 00

From the fiscal year 1885–86 to the fiscal year 1899–1900, inclusiye, 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 1900–01, 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 County expenses, and to the further amount of $10.50 on each $1,000 of the average of the assessors’ valuations for the preceding three years, reduced 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

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Expenditures

Since the Last Annea:ation, 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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Summary — Debt of all Kinds. – Concluded. Amount Amount * Sinking Gross Debt, FINANCIAL YEAR. to 8 for *. coa. Debt Paid. Inoue. jo: Food less§og Feb. 1 to Jan. 31, 1896–97........... $1,551,641 00 $2,951,780 64 |$8,274,800 00 || $2,038,974 07 || $6,235,825 93 |$71,902,600 57 |$25,366,587 13 || $46,536,013 44 1897–98. . . . . . . . . . . 1,555,070 00 || 3,238,743 19 8,627,600 00 937,289 81 || 7,690,310 19 || 79,592,910 76 27,578,36997 || 52,014,540 79 1898–99. . . . . . . . . . . 2,209,006 50 | 3,456,307 78 || 6,477,630 00 3,131,720 04 || 3,345,909 96 || 82,938,820 72 27,511,798 65 55,427,022 07 1899–1900. . . . . . . . . 2,165,998 00 || 3,385,796 87 | 8,748,800 00 4,690,641 74 || 4,058,158 26 || 86,996,978 98 || 27,697,093 93 59,299,885 05 1900–01........... 2,093,026 00 || 3,498,966 00 | 3,163,550 00 | 8,531,400 00 |* 5,367,850 00 | 81,629,128 98 || 27,780,535 23 53,848,593 75 1901–02. . . . . . . . . . . 1,778,555 00 || 3,257,203 38 || 5,971,200 00 || 7,645,356 70 |*1,674,156 70 || 79,954,972 28 30,503,853 02 || 49,451,119 26 1902–03. . . . . . . . . . . 1,380,430 00 || 3,202,728 38 || 9,367,651 00 || 4,435,717 28 4,931,933 72 | 84,886,906 00 29,067,49597 || 55,819,410 03 1903–04. . . . . . . . . . . 1,449,640 00 || 3,299,041 88 || 6,617,200 00 || 3,355,000 00 3,262,200 00 | 88,149,106 C0 28,560,825 68 || 59,588,280 32 1904–05. . . . . . . . . . . 1,498,937 00 || 3,444,864 38 || 7,189,500 00 | 1,217,000 00 5,972,500 00 | 94,121,606 00 || 30,386,612 58 63,734,993 42 1905–06. . . . . . . . . . . 1,508,754 00 || 3,628,253 13 || 7,447,000 00 || 2,354,750 00 || 5,092,250 00 | 99,213,856 00 31,690,239 23 || 67,523,616 77

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f Does not include interest on the Laying-out and Construction of Highways, Blue Hill and other avenues, and Rapid Transit loans, paid from other sources than the tax levy. See note, page 252.

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City Debt. Concluded.
* Amount Debt & Net, GroSS Debt Sinking , | Gross Debt,
FINANCIAL YEAR. to#. 8 for *rest. Created. Debt Paid. Increase. lend of Year. Fo left joong
May 1 to Jan. 31, 1891–92 (9 mos.)...] $1,417,467 00 $1,296,689 51 |$1,334,000 00 || $1,122,982 71 || $211,017 29 |$35,886,223 37 |$18,324,176.70 || $17,562,046 67
Feb. 1 to Jan. 31, 1892–93. . . . . . . . . . . . 1,236,248 00 | 1,689,571 05 || 3,018,000 00 2,771,849 31 246,150 69 || 36,132,374 06 || 17,695,549.70 | 18,436,824 36
1893–94. . . . . . . . . . . . 1,176,842 00 | 1,608,264 05 || 5,161,825 00 || 7,691,937 68 |* 2,530,112 68 || 33,602,261 38 || 12,329,590 80 || 21,272,670.58
1894–95. . . . . . . . . . . . 1,178,672 00 | 1,460,106 71 || 5,909,300 00 | 1,616,870 43 4,292,429 57 | 37,894,690 95 | 12,858,595 93 25,036,095 02
1895–96. . . . . . . . . . . . 1,254,704 00 1,604,823 14 6,228,850 00 383,040 29 5,845,809 71 || 43,740,500 66 14,867,492 58 || 28,873,008 08
1896–97. . . . . . . . . . . . 1,290,322 00 | 1,732,260 47 || 8,274,800 00 2,021,974 07 || 6,252,825 93 || 49,993,326 59 15,242,436 62 || 34,750,88997
1897–98. . . . . . . . . . . . 1,296,629 00 | 1,952,518 20 | 8,477,600 00 420,289 81 | 8,057,310 19 58,050,636 78 17,241,999 72 40,808,637 06
1898–99. . . . . . . . . . . . 1,844,230 00 2,130,677 54 6,277,630 00 2,101,720 04 || 4,175,909 96 || 62,226,546 74 17,537,889 79 44,688,65695
1899–1900.......... 1,895,735 00 2,081,256 26 || 8,313,800 00 || 4,382,641 74 || 3,931,158 26 | 66,157,705 00 || 17,278,12368 || 48,879,581.32
1900–01. . . . . . . . . . . . 1,826,593 00 2,138,488 39 3,163,550 00 || 3,168,400 00 * 4,850 00 | 66,152,855 00 17,023,564 03 || 49,129,290.97
1901–02. . . . . . . . . . . . 1,718,152 00 2,127,638 62 5,971,200 00 7,020,000 00 |* 1,048,800 00 || 65,104,055 00 | 19,403,422 21 || 45,700,632 79
1902–03. . . . . . . . . . . . 1,315,987 00 2,094,419 49 || 9,367,651 00 2,567,800 00 6,799,851 00 || 71,903,906 00 | 19,428,354 42 52,475,551 58
1903–04. . . . . . . . . . . . 1,387,987 00 2,215,517 36 6,317,200 00 | 1,776,000 00 || 4,551,200 00 || 76,455,106 00 20,407,56184 56,047,544 16
1904–05. . . . . . . . . . . . 1,437,456 00 2,340,323 02 || 7,189,500 00 | 1,197,000 00 || 5,992,500 00 || 82,447,606 00 21,895,410 62 60,552,195 38
1905–06. . . . . . . . . . . . 1,448,374 00 2,470,626 86 || 7,117,000 00 474,000 00 | 6,643,000 00 | 89,090,606 00 24,763,566 37 | 64,327,039 63

* DeCrea.Se.

NOTE. – The receipts from work undertaken under the Acts authorizing loans for the “Laying-out and Construction of Highways,” and
for “Rapid Transit,” are applied to the payment of interest on these loans respectively, and the balance, if any, paid to the Sinking Fund Com-

missioners.

amounts have been paid for interest:

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When the receipts are insufficient to meet these payments, the interest is met from receipts from sales of bonds. The following

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In making up the above tables, these amounts have been included in the Summary Table (debt of all kinds), but omitted from the table
showing the City Debt. This was done in order to show in the latter the “City Debt Requirements,” that is, the amount of interest and sinking
fund payments met from the tax levy. To obtain the totăl payments for interest the above amounts should be added in the respective years
to the totals as shown in the table, City Debt. The amount of revenue received from betterments and sales of property and credited to the
Sinking Fund Commissioners is not shown in these tables.

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