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35
Against this cash balance, however, there were on the lastmentioned
date, debts and liabilities properly chargeable to
income amounting to £10,952 11s. 7d., with assets (exclusive
of cash balance) estimated to realise £1,275 4s. 8d., leaving
a surplus of £3,901 13s 6d. to be carried to the credit of the
present year.
LOANS.
A loan of £4,000 for paving works has been taken up during
the past year; the money was borrowed from the Metropolitan
Board of Works for a period of four years at interest at the
rate of £3 10s. per cent. per annum. The Vestry contemplate
borrowing a further sum of £6,000 for a period of five
years, to defray the cost of paving the carriage-way of certain
streets with asphalte during the year 1887.
A statement of the loans now outstanding is given on
page 112.
RATEABLE VALUE.
The assessment of the Parish, according to the valuation
list which came into force on the 6th April, 1886, was as
follows:—
Gross Value £831,835
Rateable Value £694,201
Since the preparation of that list several properties have
been taken down, and a few houses which have been re-built
or altered have come into rating. The alterations in assessment
thus made increase the totals of the Valuation List to
the following amounts:—
Gross Value £834,059
Rateable Value £696,061
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