duction of the increased values to which the Commissioners 

 have referred. On reference to the assessment rolls of the 

 City's property, they find that since the commencement of 

 active operations on the Park, there has been added to her 

 tax list the large amount of $77,232,410, the Board of 

 Assessors having felt themselves justified by its very ob- 

 vious increase, in adding 25 per cent, to the list of her 

 taxable property for the year 1869. The amount of such 

 property is now $196,624,110, while in the rural districts 

 it is $11,808,933, making the total amount now standing 

 on the Assessor's books, $208,433,043; nearly two-fifths 

 thereof having been added since the period above referred 

 to. It should be observed, also, in order to a proper 

 ap23reciation of these facts, that a large portion of this in- 

 crease, to wit : the sum of $32,820,059, has arisen in the 

 Wards immediately surrounding the Park, including the 

 town of Flatbush, thereby increasing the City's annual 

 income nearly a million of dollars. 



The rapid increase of our population, as well as the 

 number of houses built for their accommodation, fully sus- 

 tains the action of the Assessors. During the time referred 

 to, our City has trebled its former annual rate of house 

 building, and she has actually erected nearly one-half more 

 houses within the last three years than were built in the 

 City of New York. That our territorial expansion corres- 

 ponds therewith, appears from the many miles of new 

 streets opened, graded and paved within the past year; 

 while more than eight additional miles of re-pavement, 

 having an improved surface which supersedes the old fash- 

 ioned cobble stone pavement, has opened up several direct 

 and easy approaches to the Park. The population of our 

 City, also, according to the statistics of the past forty years, 

 has been found to double in rather less than twelve years ; 

 the increase of New York being at about one-half that 



