The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-09
ANNUAL REPORT
OF THE
G Q M PIT ROL L Err.
STATE OF NEW YORK,
CoMPTRoLLxRs OFFICE,
AIRANv Ian IQf

AL5ANf, JAN !, 1917.
The First Section Of the Third Article of Chapter O.
First Part OF the Revised Statutes declares that shall
be the duty Of the Comptroller to exhibit 10 the Leeis
lature at its annual meeting, complete statement of
the funds Of the State of and of the public
expenditures during the preceding year with detailed
estimate OF the expenditures to be betrayed from the
treasury for the ensuing year specifying therein each
as are provided for by permanent temporary appro
prisons and such as require to be provided for by
lures are to be defrayed Also to suggest plans for
the Improvement and management of the public reve.
nuea"
The 9Th Section of Article !, of the new Constitution
which takes effect on the first Of January instant pro-
vides that NO money shall ever be paid out Of the
funds under its management except in pursuance of an
appropriation by laws unless such pay be made
Within two years next after the passage Of such appro
priaon, or continuing or reviving appropriation
shall distinctly specify the sum apPropIatsd and the
hcent for such law to refer to any other law to fix
such sum-"
This provision will suspend all payments from the
treasury except such appropriations have been au
thorized within two years Of the time Of payment II
will be necessary, therefore, to have appropriation
Dill passed Immediately for the payment Of the ordi.
nary current demands the reasury and for interest
payable at the treasury on temporary and other loans
the annual dividends to common schools and academies
which are pay able from the Common School,
and United States Deposit Funds Sc.
The expenditures for the support of the government
are made chargsable on what is denomnated the Gene
raj FUND. This fund.- in 1914, besides the auction and
salt duties had capital Of $43s604s 81 yielding
nue.. Ambition and half Of this capital applied to
tho payment of State debt Of that amount previous to
1925 From 1917 to 1885, the from auction ami
salt duties, appropriated to the Erie and ChampDn
canals 30 much Of capital of the general fund as re.
manned after paying the treasury debt either appra-
priated to the Common School and Literature Funds or
used for paying the charges on the General Fund the
support Of the provided by the act chap
ter 296 of the laws Of 1882.
The principal funds OF the State are the following =
L. The g neral Fund, ON which the ordinary expenses
OF the government charged.
2 The Common School Fund,
3. The Literature Fund
Funds Of the several canals ten in number
8. The Bank Fund.
6. The United States Deposit Fund.
The total sums charged the General Fund and paid
from the treasury for the fiscal year ending the soth
Total amount Of receipts into the treasury
for the same time, on account of the &c.
neiaA rum .'..'.''' l,l37 ,346 "a
Dencit IN receipts to pay expenses. $s6,47o 50
Funds Devoted to Education.
The amount of capital and annual of the
raj funds appropriated to the purposes of education are
as follows -
Common School Fund. ...... 2i359is OIL siiiso 90
+; o. uSpo ST. and. 4ea32o 1857 90
=, Total ....:;........... $6Al3,6so 70 $HI,2o2 10
ses Of education the following paid directly
from the Treasury. viz =
To the school in New York for the instruction of the
To the Institution for the Blind in New York -
$4276s Al
This makes sum appropriated annually to the purpo.
ocG of education of X4b3 $40 &C.