US Presidency
1859

The estimated expenditures during the remaining three quarters, to June 30, 1860, are $ 40,995,558.23, of which sum $ 2,886,621.34 are estimated for the interest on the public debt. The ascertained and estimated expenditures for the fiscal year ending June 30, 1860, on account of the public debt are accordingly $ 7,550,988.10, and for the ordinary expenditures of the Government $ 53,451,744.89, making an aggregate of $ 61,002,732.99, leaving an estimated balance in the Treasury on June 30, 1860, of $ 14,381,808.40. The estimated receipts during the next fiscal year, ending June 30, 1861, are $ 66,225,000, which, with the balance estimated, as before stated, as remaining in the Treasury on the 30th June, 1860, will make an aggregate for the service of the next fiscal year of $ 80,606,808.40. The estimated expenditures during the next fiscal year, ending 30th June, 1861, are $ 66,714,928.79. Of this amount $ 3,386,621.34 will be required to pay the interest on the public debt, leaving the sum of $ 63,328,307.45 for the estimated ordinary expenditures during the fiscal year ending 30th June, 1861.