| Note of the City | $30,000.00 | ||
| City Bonds | 3,186,000.00 | ||
| —————— | |||
| $3,216,000.00 | |||
| Daniel White Charity | 5,000.00 | ||
| Trust Funds | Dowse Institute | 10,000.00 | |
| Sanders Temperance Fund | 10,000.00 | ||
| ———— | |||
| 25,000.00 | |||
| State and County Tax | 84,426.47 | ||
| Unpaid approved bills | 3,883.08 | ||
| Unpaid interest, due . | 565.00 | ||
| Water Loan | 1,500,300.00 | ||
| ————— | |||
| 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 the funds, as has been the custom heretofore | 531,945.85 |
| Trustees of the Sinking Funds of the Cambridge Water Works, June 30, 1876 | 179,441.33 |
| City Treasurer, cash | 27,157.58 |
| ————— | |
| 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 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 than $5.50 per thousand on the valuation of the City, as determined last year.’
