The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1858-01-19
Annual Report Of the State Treasurer.
i p 81 20 LANsuSe, Nov. 80, 1857. ?.
To Ais Ercellency, Kinslsy s. Bingham,
Governor of Ms State of Mickiqan.

statement Of the receipts and dsburse-
ments for the years 1855, 1855 and 1857,
as we'll as an estimate of the probable re-
ceipts and disbursements for the ensuing
fiscal year. / have deemed it proper to
make these tables in order that you may
fully understand the present condition Of
the State, and the probable demands upon
the Treasury for the ensuing year. sf
COMPARISON OF THE RECEIPTS AND DIS
BURsEMENTs FOR THE FISCAL YEARS l8-
IS, 1876 and 1857. .tr
The amount in the Treasury at the
close Of the fiscal year, ending Nov.
30, 1854, was .... $558. .0o4 o9
Receipts during the fiscal year 1855 sac, 1896 90
Total $i,l4i.4oi OF
Disburse ments for same period 624,77. SO
Leaving on hand at the close Of the
fiscal year 1885, and at the COM
mencement Of 1856 1923 10
Amount received during the fiscal
year Of 1855 was ,27l 10
Total sI ,O27 894 50
Disbursements for the same period 639, $40 06
Leaving on hand at the close Of the
fiscal yeni of 1886 and at the COM
mencement of 1857 38s,OI5 II
Receipts for fsca' year 1857 450,6 ,653 rs
Total s3s 669 60
Disbursement Is for same period 67s,979 10
Leaving on hand at the close Of the
fiscal year 1857. and commence
ment OF ihe next 1885, 43
This table, it will be observed, commen-
ces with the balance in the Treasury at
the close of the fiscal year of 1854. The
amount on hand at the time, rs shown by
the report of my predecessor, was $685.
004 0S. 1t is proper for me to observe in
this relation, that the administration with
which he was connected did not c'ose its
official functions until the 3lst of Decem-
Der. One month after his report was
made, the disbursements from the Treas
ury during this period, amounted in the
aggregate to tie sum of $s3, 1862 n, lcav-
ing actually in the Treasury at the close
of his official term, the rum Of $469,041
81.
have been thus explicit in this matter,
that erroneous impressions on this point
may be corrected.
You will observe by the inspection of
these tables that the surplus funds have
been reduced during these years as follows:
1855 8 36,3SO 95
1855 l28,6O7 36
1857 22o,325 81
Total $394,3l3 65
This has been caused by the disbursc.
ments above mentioned, the payment of a
large amount Of State indebtedncss-th
increase of the payment Of interest on
State Bonds, growing out Of the adjust
ment of the "Five Million Loan"-by the
payment Of appropriations made by the
Legislatures of 1855 and 1857 for the
Deaf Dumb, Blind, and Insane Ayslums,
House of Correction, Agricultural College,
erection Of new buildings at State Prison,
University, Normal School, the increased
expenses of tie State Prison, and the
steady diminution of receipts for the same
period, which will be found in the follow
ing table:
COMPARISON OF THE AMOUNTS RECEIVED IN
TO THE TREASURY FROM ALL SOURCES DU-
RING 1854, 1855, 1856 AND 1857.
For 1854 $6lO.6gs 81
g. 1858 seq 3s6 80
" 1855 s5ss 90 isss %, 800 o.
" 1856 5lI ,27l 20
- " 1856 77,l25 %
I" 1856 s5li..7I 20
4" 1857 45O, $50 s5
- +" /" 1857 60, 1915 IS