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States and their political subdivisions, of which New York City sold over $731 million.

The tightness of money, which reached a critical stage in August, 1966, also affected the city's interest rates. As credit restraint was eased early in 1967 and the city evidenced its determination to live within its means (higher taxes, transit fare increase, doubling of water frontage rates, and stringent economies), the differential between the Bond Buyer Index and the city's average rate has lessened, and for the most recent sale stands at 45 basis points.

New York City bond holders enjoy extraordinary protection under the State Constitution, which requires application of first revenues received to payment of debt service. (See masthead statement on page 1.)

TABLE 2.-NEW YORK CITY BOND SALES JANUARY 1966-JULY 1967

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NOTE. This does not include the sale on June 6, 1967, of $28,890,000 housing bonds maturing in 1 to 50 years, because this was an atypical issue whose long average life is not comparable with the issues listed here.

EDUCATION

ELEMENTARY SCHOOLS (K-6) (K-8)

1. Estimated population of appropriate age.

2. Enrollment.

3. Number of available classrooms.

4. Number of classroom teachers.

5. Number of principals, supervisors, guidance personnel, and others assigned to a specific school, but not meeting classes.

6. Number of superintendents, business managers, secretarial and clerical personnel, and others not assigned to a specific school.

7. Number of custodial and maintenance personnel.

8. Number of other employees (please specify function, if possible).

9. Income from property taxes.

10. Income received from the State.

11. Income received from the Federal government.

12. Income received from fees and charges.

13. Income received from other sources.

14. Long term borrowing.

15. Teachers' salaries (as in line 4).

16. Supervisors' salaries (as in line 5).

17. Administrative salaries (as in line 6).

18. Custodial and maintenance salaries (as in line 7).

19. Other salaries (as in line 8).

20. Expenditures for textbooks and education materials.

21. Expenditures for plant maintenance and operation (excluding line 18). 22. Expenditures for transportation (excluding any salaries in line 19).

23. Your contributions to pension funds.

24. Capital outlay (excluding long term borrowing).

25. Interest on debt.

26. Long term debt retired.

27. Other expenses (please specify, if possible).

SECONDARY SCHOOLS (7-12) (9-12)

28. Estimated population of appropriate age.

29. Enrollment.

30. Number of available classrooms.

31. Number of classroom teachers.

32. Number of principals, supervisors, guidance personnel, and others assigned to a specific school, but not meeting classes.

33. Number of superintendents, business managers, secretarial and clerical personnel, and others not assigned to a specific school.

34. Number of custodial and maintenance personnel.

35. Number of other employees (please specify function, if possible).

36. Income from property taxes (if separate from line 9).

37. Income received from the State (if separate from line 10).

38. Income received from the Federal government (if separate from line 11).

39. Income received from fees and charges (if separate from line 12).

40. Income received from other sources (if separate from line 13).

41. Long term borrowing (if separate from line 14).

42. Teachers' salaries (as in line 31).

43. Supervisors' salaries (as in line 32).

44. Administrative salaries (as in line 33).

45. Custodial and maintenance salaries (as in line 34).

46. Other Salaries (as in line 35).

47. Expenditures for textbooks and educational materials.

48. Expenditures for plant maintenance and operation (excluding line 45). 49. Expenditures for transportation (excluding any salaries in line 46). 50. Your contributions to pension funds.

51. Capital outlay (excluding long term borrowing).

52. Interest on debt.

53. Long term debt retired.

54. Other expenses (specify, if possible).

HIGHER EDUCATION

55. Enrollment in two-year colleges. 56. Enrollment in four-year colleges.

57. Enrolled for graduate studies.

58. Number of professors and instructors.

59. Number of supervisory and administrative personnel.

60. Number of other employees (specify function, if possible).

61. Income from property taxes.

62. Income received from the State.

63. Income received for the Federal government.

64. Income received from fees, charges, etc.

65. Income received from other sources.

66. Long term borrowing.

67. Salaries of professors and instructors (as in line 58).

68. Salaries of supervisory and administrative personnel (as in line 59).

69. Salaries of other employees (as in line 60).

70. Expenditures for plant maintenance and operation (excluding salaries in line 69).

71. Your contributions to pension funds.

72. Capital outlay (excluding long term borrowing).

73. Interest on debt.

74. Long term debt retired.

75. Other expenses (specify, if possible).

OTHER EDUCATION

76. Enrolled in schools for the handicapped.

77. Enrolled in special or vocational schools not covered above.

78. Enrolled in adult education classes.

79. Number of classroom teachers.

80. Number of supervisory and administrative personnel.

81. Number of other employees (specify function, if possible).

82. Income from property taxes (if not included above).

83. Income received from the State.

84. Income received from the Federal government.

85. Income received from fees, charges, etc.

States and their political subdivisions, of which New York City sold over $731 million.

The tightness of money, which reached a critical stage in August, 1966, also affected the city's interest rates. As credit restraint was eased early in 1967 and the city evidenced its determination to live within its means (higher taxes, transit fare increase, doubling of water frontage rates, and stringent economies), the differential between the Bond Buyer Index and the city's average rate has lessened, and for the most recent sale stands at 45 basis points.

New York City bond holders enjoy extraordinary protection under the State Constitution, which requires application of first revenues received to payment of debt service. (See masthead statement on page 1.)

TABLE 2.-NEW YORK CITY BOND SALES JANUARY 1966-JULY 1967

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NOTE. This does not include the sale on June 6, 1967, of $28,890,000 housing bonds maturing in 1 to 50 years, because this was an atypical issue whose long average life is not comparable with the issues listed here.

EDUCATION

ELEMENTARY SCHOOLS (K-6) (K-8)

1. Estimated population of appropriate age.

2. Enrollment.

3. Number of available classrooms.

4. Number of classroom teachers.

5. Number of principals, supervisors, guidance personnel, and others assigned to a specific school, but not meeting classes.

6. Number of superintendents, business managers, secretarial and clerical personnel, and others not assigned to a specific school.

7. Number of custodial and maintenance personnel.

8. Number of other employees (please specify function, if possible).

9. Income from property taxes.

10. Income received from the State.

11. Income received from the Federal government.

12. Income received from fees and charges.

13. Income received from other sources.

14. Long term borrowing.

15. Teachers' salaries (as in line 4).

16. Supervisors' salaries (as in line 5).

17. Administrative salaries (as in line 6).

18. Custodial and maintenance salaries (as in line 7).

19. Other salaries (as in line 8).

20. Expenditures for textbooks and education materials.

21. Expenditures for plant maintenance and operation (excluding line 18).

22. Expenditures for transportation (excluding any salaries in line 19).

23. Your contributions to pension funds.

24. Capital outlay (excluding long term borrowing).

25. Interest on debt.

26. Long term debt retired.

27. Other expenses (please specify, if possible).

SECONDARY SCHOOLS (7-12) (9-12)

28. Estimated population of appropriate age.

29. Enrollment.

30. Number of available classrooms.

31. Number of classroom teachers.

32. Number of principals, supervisors, guidance personnel, and others assigned to a specific school, but not meeting classes.

33. Number of superintendents, business managers, secretarial and clerical personnel, and others not assigned to a specific school.

34. Number of custodial and maintenance personnel.

35. Number of other employees (please specify function, if possible).

36. Income from property taxes (if separate from line 9).

37. Income received from the State (if separate from line 10).

38. Income received from the Federal government (if separate from line 11).

39. Income received from fees and charges (if separate from line 12).

40. Income received from other sources (if separate from line 13).

41. Long term borrowing (if separate from line 14).

42. Teachers' salaries (as in line 31).

43. Supervisors' salaries (as in line 32).

44. Administrative salaries (as in line 33).

45. Custodial and maintenance salaries (as in line 34).

46. Other Salaries (as in line 35).

47. Expenditures for textbooks and educational materials.

48. Expenditures for plant maintenance and operation (excluding line 45). 49. Expenditures for transportation (excluding any salaries in line 46). 50. Your contributions to pension funds.

51. Capital outlay (excluding long term borrowing).

52. Interest on debt.

53. Long term debt retired.

54. Other expenses (specify, if possible).

HIGHER EDUCATION

55. Enrollment in two-year colleges.

56. Enrollment in four-year colleges.

57. Enrolled for graduate studies.

58. Number of professors and instructors.

59. Number of supervisory and administrative personnel.

60. Number of other employees (specify function, if possible).

61. Income from property taxes.

62. Income received from the State.

63. Income received for the Federal government.

64. Income received from fees, charges, etc.

65. Income received from other sources.

66. Long term borrowing.

67. Salaries of professors and instructors (as in line 58).

68. Salaries of supervisory and administrative personnel (as in line 59).

69. Salaries of other employees (as in line 60).

70. Expenditures for plant maintenance and operation (excluding salaries in line 69).

71. Your contributions to pension funds.

72. Capital outlay (excluding long term borrowing).

73. Interest on debt.

74. Long term debt retired.

75. Other expenses (specify, if possible).

OTHER EDUCATION

76. Enrolled in schools for the handicapped.

77. Enrolled in special or vocational schools not covered above.

78. Enrolled in adult education classes.

79. Number of classroom teachers.

80. Number of supervisory and administrative personnel.

81. Number of other employees (specify function, if possible).

82. Income from property taxes (if not included above).

83. Income received from the State.

84. Income received from the Federal government.

85. Income received from fees, charges, etc.

86. Income received from other sources.

87. Long term borrowing.

SS. Teachers' salaries (as in line 79).

89. Supervisory and administrative salaries (as in line 80).

90. Other salaries (as in line 81).

91. Expenditures for textbooks and educational materials.

92. Expenditures for plant maintenance and operation (excluding line 90). 93. Expenditures for transportation (excluding line 90).

94. Your contributions to pension funds.

95. Capital outlay (excluding long term borrowing).

96. Interest on debt.

97. Long term debt retired.

98. Other expenses (please specify, if possible).

HIGHWAYS

99. Miles of city streets maintained.

100. Miles of expressways maintained. 101. Number of employees.

102. Income from property taxes.

103. Income from motor fuel taxes.

104. Income from excise taxes or licenses.

105. Other highway income from local tax sources. 106. Income received from the State.

107. Income received from the Federal Government. 108. Income received from fees, charges, etc.

109. Other income (please specify, if possible).

110. Long term borrowing.

111. Cost of maintenance by own forces (excluding salaries & wages). 112. Cost of contract maintenance.

113. Salaries & wages (as in line 101).

114. Snow removal costs (excluding line 113).

115. Your contributions to pension funds.

116. Capital outlay (excluding long term borrowing).

117. Interest on debt.

118. Long term debt retired.

119. Other highway expenses (please specify, if possible).

SANITARY SEWERAGE

120. Miles of laterals and mains maintained.

121. Depreciated value of treatment plants..

122. Number of employees.

123. Income from property taxes.

124. Income received from assessments or sewer charges.

125. Income received from the State.

126. Income received from the Federal Government.

127. Income received from other governmental units.

128. Other sanitary sewerage income (please specify, if possible).

129. Salaries & wages (as in line 122).

130. Your contributions to pension funds.

131. Cost of maintaining the collection system (excluding line 129).

132. Cost of operating and maintaining treatment plant (excluding line 129). 133. Capital outlay (excluding long term borrowing).

134. Long term borrowing.

135. Interest on debt.

136. Long term debt retired.

137. Other sanitary sewerage expenses (please specify, if possible).

STORM DRAINAGE

138. Miles of mains maintained.

139. Depreciated value of flood control works, etc.

140. Number of employees.

141. Income from property taxes.

142. Income received from assessments or charges. 143. Income received from the State.

.144. Income received from the Federal Government.

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