REPORT, &c. STATE OF NEW-YORK, Albany, 4th January, 1837. The Comptroller, in obedience to Chapter VIII. Title 3, Article 1, of the First Part of the Revised Statutes of this State, has the honor to submit to the Legislature the following REPORT. FUNDS. The several funds belonging to this State, an account of which is embraced in this report, are the following, viz: General Fund, Common School Fund, Canal Fund, Literature Fund, and Bank Fund. GENERAL FUND. The capital of this fund has been used up for the ordinary support of the Government, with the exception of a few remnants of land, which were not included in the constitutional appropriation of the public lands to the School Fund. The General Fund has realized from the sale of a lot at Oswego, originally reserved for military purposes, and from sales of a few other lots, the sum of $160,450.95, during the fiscal year. The salt duties, and the principal part of the auction duties, now belong to the General Fund. CANAL FUNDS. These funds consist of the canals themselves, and the tolls derived from them. The auction and salt duties, which heretofore belonged to the Erie and Champlain Canal Fund, have, by an amendment to the Constitution, been transferred to the General Fund. T helands which were originally granted to this fund, have been sold, and the bonds obtained therefor have been transferred to the Common School Fund, in exchange for other securities. The Oswego Canal Fund will receive ten or twelve thousand dollars during the current year, for sales of lands in the Salt Springs Reservation, which were appropriated to that fund. COMMON SCHOOL FUND. This fund consists of the following items, viz: (See statement A.) Bonds for lands sold,.... do loans from the capital, Balance due on loan of 1786,.... $1,154,869 48 190,330 89 1,000 shares in the stock of the Man- 2,815 12 160,038 95 242,078 44 103,250 00 Money in the treasury, being balance of receipts from the capital,. 64,111 29 $1,917,494 17 To this fund also belong all the unappropriated lands owned by the State on the first of January, 1823, and yet remaining unsold. LITERATURE FUND. This fund consists of the following items, viz: (See statement B.) State stock,.. Insurance stock, viz: 100 shares in the Albany Insurance Company, $117,720 87 at $60 each, Bank stock, viz: Bank, at $28 each, 579 chares in the stock of the New-York State .... 23 shares in the stock of the Canal $16,212 Bank at Albany, at $20 each share,. 460 6,000 00 Carried forward,.... $16,672 $123,720 87 Brought forward,....816,672 $123,720 87 2,535 shares in the stock of the Mer chants' Bank, at $50 each, Money in the treasury, being the balance of receipts from the capital,. BANK FUND. 126,750 143,422 00 0 00 $267,142 87 This fund consists of the following items, viz: See Statement C. State stock bearing an interest of 5 per GENERAL FUND REVENUE. Estimated Revenue, applicable to the ordinary expenses of Government for the current year. Estimate of the ordinary expenses of the Government for Salaries of the officers of goverment, including office expenses, Compensation of members and officers of the Legis $62,000 00 lature, including expenses of both houses,........ 100,000 00 Compensation of members of the Court for the Correction of Errors, and expenses,.... 20,000 00 Support and instruction of indigent deaf and dumb,.. 19,000 00 Deficiency in the Oswego Canal Fund,.. $15,000 00 do in the Cayuga and Seneca Ca Improvement of Cayuga Lake Inlet,.... Interest on Chenango Canal stock,...... 100,000 00 5,000 00 160,000 00 $553,000 00 COMMON SCHOOL FUND REVENUE. The revenue from this fund is estimated as follows: Interest on loan of 1786,... 00 00 9,000 00 |