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Lucius R. Paige, History of Cambridge, Massachusetts, 1630-1877, with a genealogical register 3 3 Browse Search
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Lucius R. Paige, History of Cambridge, Massachusetts, 1630-1877, with a genealogical register, Chapter 22: statistics. (search)
Unpaid interest, due .565.00 Water Loan1,500,300.00 ————— Gross amount of outstanding debts$4,830,174.55 Towards the payment of this debt there was, November 30, 1876, in the hands of the— Commissioners of the Sinking Funds of the City (not including the premium— $14,080.00—paid on securities purchased for investment of Funds of the Cambridge Water Works, June 30, 1876179,441.33 City Treasurer, cash27,157.58 ————— 738,544.76 ————— Leaving the total net debt of the City November 30, 1876,$4,091,629.79 Deducting the Water Loans from the net amount of debt, as before stated, we have as The real Municipal Debt, November 30, 1876, for whNovember 30, 1876, for which provision must be made by taxation$2,770,771.12 To pay the interest, and provide for the Sinking Funds upon this portion of the debt, there must be raised by taxation this year the sum of $188,162.50 for interest, and $155,265.00 for the Sinking Fund, making a total of $343,427.50, equal to more