604 



NEW YORK (STATE). 



important trust funds held by the State on 

 Sept. 30, 1888, was as follows: 



The capital of the same funds on Sept. 30, 

 1887, was: Securities, $8,498,045.49; money 

 in treasury, $208,445.23 ; total, $8,706,488.52. 



The canal debt sinking-fund, as above stated, 

 contained on Sept. 30, 1888, securities and 

 cash to the amount of $4,076,289.39. The 

 total amount, therefore, of cash and securities 

 held by the Comptroller for the principal funds, 

 Sept. 30, 1888, was $12,825,761.29. 



For the current year the State tax is $9,089,- 

 303. 8(>, the rate being two and sixty-two one 

 hundredths mills, and the valuation $3.469,- 

 199.945, the tax to be devoted as follows: 

 School purposes, $3,469,199.95; canals, in- 

 cluding canal debt, $2,254,979.96 ; general 

 purposes, $3,365,123.95. The direct school- 

 tax for the last fiscal year produced $3,697, 

 240.99. The total expenditure from the State 

 treasury for education was $i,192,314.92. The 

 total expenditure, State and local, for the 

 maintenance of schools was $15,696,012.39. 



The balance in the treasury on Oct. 1, 1887, 

 amounted to $5,222,256.68. There was paid 

 into the treasury from all sources during the 

 fiscal year $17,800,755.42. There was drawn 

 therefrom for all purposes $17,626,557.35, 

 leaving on Oct. 1, 1888, a balance of $5,396,- 

 454.75. The balance in the general fund on 

 Oct. 1, 1887, was $3,326,127.06; the receipts 

 for the year were $9.855,472.75, and the pay- 

 ments $10,061,718.49, leaving $3,119,881.32. 

 Among the receipts of the general fund were: 

 From State tax, 1887, $5,005,500.78; from 

 tax on corporations, $993,677.82; from tax on 

 organization of corporations, $181,838.27 ; from 

 tax on collateral inheritances, $736,084.88; 

 from salt duty, $52,115.69; and from State- 

 Prison earnings, $2,110,042.84. Among the 

 expenses of the same time are: For the State 

 Capitol, $167,957.60 ; for normal schools, $71,- 

 481.24; for legislative expenses, $410,981.07; 

 for the militia, $546,105.67; for the Utica 

 Lunatic Asylum, $57,373.20 ; Willard Asylum, 

 $47,425; Buffalo Asylum, $92,414.33; Home- 

 opathic Asylum, $35,729.20; Hudson River 

 Asylum, $173,747.78; St. Lawrence Asylum, 

 $133,338.10; Binghampton Asylum, $101,- 

 358.20 ; institutions for the blind, $87,812.61 ; 

 institutions for deaf and dumb, $265,369.05 ; 

 Soldiers' and Sailors' Home, $143,000; State 

 Reformatory, $195,000; State Industrial 

 School, $217,300; Asylum for Insane Crimi- 

 nals, $161,516.63; State prisons, $1,967,315.- 

 74; for canal purposes (canal tax), $2,305,- 



733.93. The canal receipts for the year were 

 $3,246,552.68 ; expenditures, $2,788,046.71. 



Assessments. The Comptroller says in his 

 annual report : " Our taxing system is in many 

 respects glaringly defective. Real estate is 

 overburdened, while personal property escapes 

 its due proportion of liability. The total as- 

 sessed valuation of the property of the people 

 of the State for the purpose of taxation for 

 1887 was: 



Personal $835.898,889 



Iteal 



Total $3,861,128,177 



" The assessed valuation of the same for 

 1888 was: 



Personal . $346.611,861 



Keal 8,122.588,084 



ToUl $3,469,199,945 



" This shows an increase in one year on 



Real estate $97,358.296 



Personal estate 10,713,472 



Total increase. 



$108,071,768 



"These valuations clearly exhibit the unjust 

 proportion of the burdens of taxation borne by 

 the real over the personal property. It can 

 not be that the personal property amounts to 

 less in value than the real, and in that case we 

 have within the State to-day over $2,500,000,- 

 000 of personal property that is not but ought 

 to be subject to taxation." 



Education. For the school year ending Aug. 

 20, 1887, the total amount expended for pub- 

 lic education was $14,461,774.94, which was 

 greater than ever before by nearly half a mill- 

 ion dollars. Of this sum, the amount paid 

 directly for common schools was $13,760,669.- 

 57, an increase of $475,682.93 over the pre- 

 ceding year. The sum expended in the cities 

 was $8,340,117.77, and in the towns $5,420,- 

 551 .80. The total valuation of school buildings 

 and sites is reported at $36,376,553, of which 

 $24,217,240 is in the cities and $12,159,313 in 

 the towns ; in this item the increase was $714,- 

 469, of which $708,729 were in the cities and 

 but $5,740 in the towns. There were paid for 

 teachers' wages during the year, $9,306,425.88 ; 

 for libraries, $39,722.45 ; for apparatus, $360,- 

 208.08 : for new buildings, sites, repairs, etc., 

 $2,394,004.35. The total number of teachers 

 employed during the year was 31,318, and the 

 number employed for terms of twenty-eight 

 weeks or more, 22,708. Of the whole number 

 of teachers employed, 5,821 were males and 

 25,497 females. The average annual salary 

 paid was $687.12 in the cities, and $262.44 in 

 the towns. The amount paid for teachers' 

 wages was greater last year than ever before 

 by $204,157.11. The number of children of 

 school age (between five and twenty-one years) 

 was 1,763,115. There are 173,173 more chil- 

 dren of school age resident in the cities than 

 in the towns. The total number enrolled in 

 the schools during the year was 1,037,812, and 

 the average daily attendance 625,610. For the 



