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33
Garden Rates.—At the request of the Committees
of Inhabitants the Yestry raised a rate of
2d. in the pound for the maintenance and management
of the enclosed garden of Holford Square,
and a rate of 4½d. in the pound for Lloyd Square,
to be assessed on the occupiers of the houses in
the Squares.
London (Equalization ot Rates) Act.—The principle
of the Act is that a rate of 6d. in the pound
per annum forms the Equalization Fund; the
parishes contributing according to their rateable
value, and receiving according to their population;
parishes of a high rateable value and a small
population having therefore to contribute to the
fund, while those of a low rateable value and a
large population receive a grant from it. The net
amount received from the fund by the Parish of
Clerkenwell for the year ending 31st March, 1897,
was £3,417 19s. 9d.
Collection of the Rates.—Of the Rates made in
the Parish of Clerkenwell, a percentage of about
93½ is actually collected, 6½ per cent. being irrecoverable
from allowances to owners who compound,
empty houses, runs, and excusals on the ground of
poverty. It follows therefore that when the Parish
is called upon to satisfy the precept of some
central body, such as the County Council or the
School Board, which is stated to be at the rate of
say 1s. in the pound, an actual rate of nearly 13d.
must be made to produce the amount required.
Rates Raised in 1895-6.—The Vestry have been
furnished with a return by the London County
Council, showing the amount in the pound of all
rates raised in the County of London for the year