================================================================ Title of Loan | Increase | Decrease | | --------------------------------------+--------------+---------- Permanent Debt | $114,837.81 | Water Debt | 750,000.00 | Temporary Debt | 258,000.00 | Tax Certificates | 700,000.00 | +--------------+---------- Gross Debt | 1,822,837.81 | Sinking Fund | 298,450.65 | +--------------+---------- |$1,524,387.16 | Less 3 and 8 months' Tax | | Certificates | | +--------------+---------- Net City Debt |$1,524,387.16 | --------------------------------------+--------------+---------- FOOTNOTES: [1] Stiles, i. p. 326. [2] In 1888 the State Legislature, at the request of the Society of Old Brooklynites, passed a resolution urging Congress to provide for the erection of a monument. A petition containing 25,000 names was sent to Washington, and the matter was favorably reported from committee, but no act was passed. [3] _Historical Sketch of Fulton Ferry_, 1879. [4] Furman, p. 243. [5] The state recognition of Brooklyn as a town took place in 1788.