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In a meeting of the consistory of the First Reformed Church at which Rev. Albertus C. Van Raalte presided, he reported that the Holland Classis decided to assess the members of each congregation 75 cents "for the maintenance and extension of this Institution so important to us." [I think we can assume that the assessment was for the Holland Academy where college classes were inaugurated by Rev. Philip Phelps just that fall.]
The original documents are held in The Joint Archives of Holland.
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Van Raalte, A. C.; Wakker, G.; Buursma, William; and Buursma, Althea, "Meeting Minutes of the Consistory of the First Reformed Church" (1862). Van Raalte Papers: 1860-1869. 136.