Thomas Jefferson Papers
Note: this document has content that may require expanded/print view for best results (icons above right)

Thomas Jefferson: Application of the Funds of the University of Va., ca. 31 Dec. 1823?, 31 December 1823

Funds of the University.    Application of the Funds.   Balance on
hand at the
close of every year
 D   D 
1820. Apr. 1st loan  40,000 1820. Apr.   Debts 10,000 
 Oct.  do 20,000 1821. Jan. 1. To compleat the 7. pavilions & 31. Dormitories first built. 18,000 
1821. Jan. 1. Annuity 15,000.   1st half of the 3. pavils & 24. Dorms begun 1820. 13,800 
  1st half of the 3. hotels & 25. Dorms E. street begun 1820. 9,500 
  Dr Cooper’s 2d payment 750 
  residuary expences of the year 1820 3,500 
  Interest on the 1st loan for the year 1820 2,000 
75,000   57,550   17,450
1821. Oct. 1. 2d loan 60,000 1821. Apr. 1. 17. Marble capitels from Italy. cost 1632. D freight 152. D say 1,800   
1822. Jan. 1. Annuity 15,000. 1822. Jan. 1. 2d half of the 3. pavils & 24. Dorms begun in 1820. 13,800 
  2d half of the 3. hotels & 25. Dorms on E. street begun in 1820. 9,500 
  walls of gardens, backyards, necessaries, 100,000. bricks 1,000 
  3. Hotels & 25. Dormitories on W. street to be built in 1821. 19,000 
  Library—walls 1,200,000. bricks 12,000 
   roof, windows, doors, floors, stairs. suppose 12,000 
  residuary expences of the year 1821 3,500 
  Interest on 120,000. D for 1821 7,200 
75,000   79,800.  12,650
1823. Jan. 1. Annuity 15,000 1823. Jan. 1. Library. inside suppose 12,000   
   10. marble Capitels cost 374. D freight 46. D each 4,200 
   6. do half do 187. 23. each 1,260.
  residuary expences of the year 1822 2,500.
  Interest on 120,000. D. for 1822. 7,200. 
    27,160   490.
  165,000     164,510   

ViU.

Index Entries