View report page

49
held on the 3rd May, it was unanimously resolved that a letter
expressing sympathy and condolence be sent to Mr. Phippard's
family.
The steps taken for filling up the vacancy caused by Mr.
Phippard's death are mentioned on page 47.
FINANCIAL.
It will be seen on reference to the accounts given on page 92,
that the year commenced with a balance due to the Treasurer
amounting to £4,563 9s. 7d. The sum of £68,174 0s. 4d. was
received during the twelve months, and the expenditure for the
same period reached a total of £58,031 12s. 5d., leaving a balance
of £5,578 18s. 4d. on the 25th March, 1883.
Against this cash balance, however, there were on the lastmentioned
date, debts and liabilities properly chargeable to income
amounting to £10,562 2s. 3d., with assets (exclusive of cash balance)
estimated to realise £1,202 10s. 9d. only, leaving £3,780 13s. 2c?.
to be raised during the present year, in addition to the sum required
to defray current expenses.
LOANS.
The only loan now outstanding is the sum of £5,714 5s. 8d.,
being the balance of the loan of £8,000 taken up in the year 1880,
for wood paving works in Regent Street (Oxford Street to
Piccadilly Circus). The loan is secured by mortgage of the General
Rates, and the final payment in respect thereof becomes due
in 1887.
INCIDENCE OF LOCAL TAXATION.
Early in the month of April the Vestry received for sealing, if
approved, copies of Memorials to the First Lord of the Treasury
and the Home Secretary, which had been agreed to at a Conference
of representatives from Vestries and District Boards of Works, held