Office of the Superintendant of the City of Washington
27 February 1816
I have the honor to transmit herewith a General abstract Account of Receipts & Expenditures "in the City of Washington, under the Authority of the United States" prepared in obedience to a resolution of the House of Representatives of 17th. instant; by which it will appear that the aggregate Amt. expended is
|Of which there was Drawn from the United States Treasury||$970,944.08|
|Donations from the States of Virginia & Maryland||192,000|
|And From the Sales of Lots assigned by the original proprietors as a grant||583,070.38|
The same resolution requires also a statement "of the probable value of the public property remaining on hand"
This property consists of
|First.||About 5,200 standard building lots of 5265 square feet each, which estimated at at $180 per lot, the average price of the lots heretofore sold, would amount to||$936,000.|
|Secondly.||541 acres 1r. 29p. of ground in the City of Washington reserved for the use of the United States, which estimated at the same rate, tho’ deemed of much more value, would Amt. to about||$740,000.|
|Thirdly.||Lands & Freestone quarries in Virginia, wharves & water lots in the City of Washington, and Debts due for property sold estimated at||48,000.|
|making together Ds.||1,724,000|
I have the honor to be, with the most respectful consideration Sir Yr Ob Servt.
DLC: Papers of James Madison.