London's Pulse: Medical Officer of Health reports 1848-1972

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Shoreditch 1886

[Report of the Medical Officer of Health for Shoreditch, Parish of St. Leonard]

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14
Board, and there has been credited to the Vestry as its share of
rents, interest, &c., £2,883 19s. 7d., making the Vestry's contribution
£67,883 19s. 7d. The Board has returned to the Vestry
by writing off the loan of £65,000 £24,897 9s. 10d., leaving
tho nett cost to tho Vestry as above stated £42,986 9s. 9d.

In the form of a Balance Sheet it would stand thus:—

£H.d.£s.d.
Nett cost to Vestry42,98699Contributions by Vestry and charged to Vestry as Loans65,00000
Writton off Loans and Credited to Vestry24,897910
Share of Rents and Interests credited to Vestry2,883197
.£67,88:197£67,883197

Of the £65,000 taken by the Vestry on loan £40,000 was
taken up in 1887 for 52 years at 3¾ per cent., and £15,000 in
1878 for 51 years at the same rate. The first instalment of
£12,952 was returned in 1882, the second of £4,982 in 1883, the
third of £5,985 in 1884, and the last of £978 9s. 10d. in 1887.
The average annual repayments of the loans, including principal
and interest, in respeet to this improvement spread over 52 years,
will be about £1700. As the rateable value of the properties now
existing, is in excess over those removed by upwards of £3,500,
and as the paving and sewering are included in the cost, it will bo
seen that the improvement has been affected at little cost to the
ratepayers.
DISORDERLY HOUSES, &c.
Several places of improper character have been suppressed by
indictment, and others have been dealt with summarily. In some
cases the parties have quitted on notice without prosecution.
Appended are various Tables showing Receipts and
Expenditure, Assets and Liabilities, Loans Outstanding, Analyst's
Reports, List of Contracts, &c., &c.
I have the honour to be,
Gentlemen,
Your most obedient Servant,
E. WALKER,
Vestry Clerk.
Town Hall, Old Street,
July, 1887.