A balance of $10,351.80 belonging to the revenue of this fund remained as will be seen in the Treasury, at the close of the fiscal year. It will be observed that the estimate of expenses in the foregoing statement, are actual appropriations, and that they exceed the revenue by about $2,000. It requires no argument to show that excessive appropriations from these funds, unless provision is made for reimbursement will lead soon to serious inconvenience. COMMON SCHOOL FUND. Capital. This fund consists of the following items, viz: Certificates Nos. 29 and 40, issued on account of the Astor debt, re deemable at pleasure, 5 per cent., $41,755 91 Certificate No. 1, issued for Chenan go canal loan, redeemable 1st Jan nary, 1851, 6 per cent,.... Certificate No. 250, issued for loan to re-build the Chemung canal feeder locks, redeemable 1st January, 1861 5 per cent.,... Certificate No. 1, issued per chapter 438, Laws of 1847, redeemable 1st January, 1855, 5 per cent........ Comptroller's bonds: Bonds issued for loans to the Treasu 20,000 00 1,445 05 $652,435 30 209,034 72 379 50 3,543 46 49,326 00 150,000 00 213,200 96 ry, payable on demand, 6 per cent., $701,645 49 1 during the year ending 30th Sept. 1851,(see Statement A.)..... Amount transferred from the General Fund revenue for interest on moneys in the Treasury belonging to the School Fund, during the year, per chap. 382, Laws of 1849, Amount transferred from the U. S. Deposite Fund, for erroneous payments into the Treasury on account of that fund,.... Amount paid out of the Treasury during the year ending 30th Sept. 1851, (See Statement B.)..... 285,071 00 11,476 37 461 78 $434,533 22 Balance of revenue in the Treasury on the 30th 241,001 81 September, 1851,... $193,531 41 At the close of the fiscal year the sums apportioned to the counties of New-York and Greene for common school dividends amounting to $44,118.46, remained unpaid. Deduct this sum from the balance above stated, and it shows the actual balance in the Treasury, on the 30th September, applicable to the payment of common school dividends in February, 1852, $149,412.95. viz: The revenue of this fund is estimated for the current year, Interest on bonds for lands, $34,000 00 Interest on loans to towns, counties, &c.,... 12,500 00 The increase of this fund during the past year amounts to .. .... $34,776 49 Its capital was on the 30th Sept. 1850, $2,290,673.23 137,524 07 Of its revenue, there' was in the Treasury on the 30th September, 1851, 193,531 41 It will however be seen, that the sum of $44,118.46 which re mained uncalled for on the 30th September, should be deducted from the amount in the Treasury as is stated in the above note. Of this last mentioned amount, $3,496.93 was paid on the 23d of October last to the county of Greene, by direction of a mandamus, as is explained in the statement of the Attorney-General appended to this report, and marked Z. The sum due the city of New-York has not been called for, and remains in the Treasury. Certificate No. 1 of the Chenango canal loan as mentioned in the above statement of capital, was presented for redemption and was redeemed, on the 1st of October last. In the estimate of payments from this fund for the current year, the dividends for common schools are put down at $300,000. For the detail of the increase and diminution of the capital of this fund during the past fiscal year, see Statement F. UNITED STATES DEPOSITE FUND. Capital. This fund consists of the following items, viz: 142,500 00 1,100 00 Loans on mortgage in the several counties,...... $3,651,751 35 184,739 44 34,429 92 $4,014,520 71 Revenue. Amount received into the Treasury during the year ending 30th Sept. 1851, (see Statement A.)....... Amount transferred from the Gene ral Fund revenue for interest on money in the Treasury, ... $252,275 81 6,429 21 $258,705 02 |