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6
The rates made in April, for the half-year to Michaelmas,
were based upon a rateable value of £343,505, and those
for the half-year to Lady-day, upon a rateable value of
£343,696.
The amounts required by the Guardians of the Holborn
Union were £24,036 in the first, and £20,520 in the second
half-year, towards which the Parish of Clerkenwell received
from the Common Poor Fund £4,769 1s. 5d. and £5,938
12s. 2d. in the first and second half-years respectively.
The precept of the Metropolitan Board of Works for the
year was for the sum of £10,310 14s. 0d. and that of the
School Board of £11,999 1s. 10d.
The Police precepts for the year amounted to
£7,004 18s. 4d.
It will thus be seen that of the £87,402 raised during
the year, the sum of £63,163 was required by bodies
beyond the control of the Vestry.
Valuation List.-The past year was that in which it
was the duty of the Vestry to make a new Valuation of the
rateable hereditaments of the Parish, under the provisions
of the Valuation (Metropolis) Act, 1869. The net result
of this Valuation has been to raise the total rateable value
from £343,505 to £350,380. The assessment of the Metropolitan
Railway's, the Gas Light and Coke Company's, and the
New River Company's works, were placed in the hands of
professional valuers, Messrs. Castle & Son, the result being
that the rateable value of the Railway was raised £4,809,from
£22,000 to £26,809; that of the Gas Co. £959,from
£8,458 to £9,417; while, in consequence of the
operation of Torrens' Act, making the rateable value the
basis of charge for water rates, the rateable value of the
New River Company's works has been reduced, on appeal
to the Assessment Sessions, from £11,116 to £11,074, a
reduction of ,£42.