Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1857-01-15
Showing, instead Of bslanse Of
823,35) IS. an actual deficit Of

Showing. instead ofs bslanee Of
823,35J S6. an actual deficit Of
available means; as 9 charge
upon the revenues Of '55-6 Of Iy,S42 10
The facts exhibit in a clear light the impor.
tance of guarding against expenditures be-
yond appropriations. The Constitution per-
mts no debt TO be contracted on behalf Of the
State, without express legislative warrant. Il
restricts the total amount Of all Indebtedness to
supply all deficits and failures in re1snus or
expenses not otherwise provided for, to the
sum Of 10000. As security against unau-
thOrizsd debts it expressly declares that no
money shall be paid on any claim, the subject
matter Of which shall not have been provided
for by existing law, unless allowed by two
thirds of the members elected to each branch
Of the General assembly. Experience has
demonstrated that even these provisions are
not adequate guarantees against the unaulhor-
zed contracting Of debts within single bien-
nial period, to an amount exceeding three
fonrths Of total Indebtedness which can be in
Cured for such purposes by the Legislature
itself.
1t isproper TO saJ here, however, that there
was transferred to sinking fund Of public works
income on the 18th November, 1855, the SUM
Of 2OO0SO. II this transfer had not been
made. the publs works expense for Is54-5
would have been paid out of the public work
revenue for the same time. and the apparent
balance the sinking fund would have been
2O0, 900 less.
1t is due, also. 20 the late State Auditor to
say, that the balance OF 1885 was correctly
stated from the books in his office. and that
the unauthorized debts and liabilities which
absorbed it were contracted against his earnest
and repeated remonstrances. respectfully
invite your attention to a suggestion made by
him Of provision by law, that parties, by whose
unauthorized acts debts Of this character may
be hereafter created, shall be held personally
responsible fer them.
The following figures will present compare
tive view of the receipts and disbursements fol
the two last fiscal years:
Receipts for tbs fiscal year ending NoveH-
Der Is. 1885; total State taxes 2.871. .255 49
Nov. Is, 1856, Total State tax 2.672.01S As
1855 Total receipts, 42l5,, 1854 20
1856, Total receipts, 3,688,343 81
Disbursements from the State Treasury
or all purposes during the year ending NOVem'
Der Is. 1855. ia
Total amount Of drafts issued 9.5Oo,S 2;
Total amount Of drafts redeemed 3.5l2,484 &c
Balance in treasury is Nov. SO3, $40 o8
Disbursement from the State treasury for all
purposes duling the year ending November
Is, 1856:
Total amount of drafts issued 3,l89, 800 IL
Total amount Of drafts redeemed 5. .5S9, $50 81
Balance in Treasury 18th Nov 47S,s5S. 81
To pay debts incurred prior to
Nov IS, 1855, 6lI,S72 66
The foregoing statements exhibits these facts
first
That the apparent expenditures Of
l85l-5 we're ~ 3.5O9,514 ZS
But to this amount should be ad-
ded debts Of I854-k paid in '56 5l7, ,372 6t
And the estimated amount of such
debts yet unpaid lOO,OOO OO
6l7,S73 81
Making The aggregate Of actual sx.
pendilures 4,OSe,s46 Be
From which should be deducted
7 payments 10 reduction to public
debt, 406,6sl o
Making The amount Of current ex-
pendiIure for le6i-6, S,570,S55 8
And secondly
That The apparent expenditures OF
1866 we're, s.7O6.97s S
From which sheuld be deducted
the amount paid debts Of '6l-6, 6l7.s7s 8
o Making the true amount OF current
Expenditures for 1856, S,le9,6OO II
q And showing the expenditures OF
1866 less than those OF '64-5 by seO,665 I