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81
Year
Total Precept
Election Expenses
Total aid for the
Year
Rate in £
approximately
£
s
d
£
s
d
£
s
d
d
1871—1872
199
10
10
31
14
6
231
5
4
9/6
1872—1873
434
17
11
-
434
17
11
1
1873—1874
371
1
6
-
371
1
6
7/8
1874 1875
774
10
9
37
12
0
812
2
9
2
1875—1876
1,362
15
10
-
1,362
15
10
3
1876—1877
2,201
4
6
42
3
7
2,243
8
1
4 5/8
1877—1878
2,591
5
0
-
2,591
5
0
5 1/4
1878—1879
2,629
4
9
-
2,629
4
9
5 1/8
1879—1880
2,958
8
3
45
14
1
3,004
2
4
5 1/4
1880—1881
3,549
17
3
-
3,549
17
3
6 1/4
1881—1882
4,346
3
2
-
4,346
3
2
6
1882—1883
4,695
1
8
67
10
11
4,762
12
7
5 7/8
1883—1884
5,915
17
11
-
5,915
17
11
6 1/2
1884—1885
7,946
13
7
-
7,946
13
7
71/4
1885—1886
9,658
4
1
107
8
5
9,765
12
6
81/4
1886—1887
12,402
11
2
-
12,402
11
2
87/8
1887—1888
11,817
0
8
-
11,817
0
8
8 1/2
1888—1889
11,687
8
2
-
11,687
8
2
8 1/8
1889—1890
13,606
2
2
107
5
0
13,713
7
2
9
1890—1891
16,911
7
1
-
16,911
7
1
11½
Total
116,059
6
3
439
8
6
116,498
15
9
The precepts for 1891-92 amount to £18,622 4s 9d , equal to lOfd in
the £ gross
On receipt of the first half-year's precept from the Clerk to the London
School Board, in January, 1890, when presenting same to the Finance Committee
of the Fulham Vestry, I read the following statement, relating to the
rates likely to be levied during tha ensuing y- ar :—
" The precept of the School Board for London for the first half of the
financial year 1890-91 amounts to £8,050 4s 10d , being an increase of
£1,746 17s 9d over that of the corresponding period of last year, and an
increase of £747 9s 2d on the second half year's precept, or assuming the
call for the whole year to be in the same ratio as the call now made, viz :—
nominally 10|d in the £, the increase for the year will amount to
£2,773 3s Id (being 2T3¥d in £ more than last year)
" With regard to the rate required to raise the sum called for, an
account must be taken (in calculating the amount in the £ on the
assessment) of the fact that at least 16 per cent. must be deducted for
empties, compositions to owners, irreeoverables, and for other causes, while
the amount to Be raised must necessarily be increased to such a sum, that
will both enable the Overseers to liquidate the precept and to pay the cost
of collection and other expenses
" I estimate the net rate for next half year to be 5 j-|d in £, or say, for
the year a little over ll|d in the £ "