The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-12-04

isS5a rot be- Sesorted as oys ~ fttIss Tue
r1fpSeY1t law fToperly efal ICED, the revenues
viii meet theS requirements OF the acIssanu
have Ilana surplus In the freasnsy.
| This was asserted By the Auditor prloI
10 and after It's passage, and before IL ppk ..l
fully TO work; experience has Evefin i'' n =
statements. .x
@s.int the ziastannuai message Ihad the honor
TO submit to the General Assembly isno"eu
that under. the old funding biii tneFs was =. au
annual deficit OF S770. 600. 33-includins IN:
terest on, fine literary fund. an annual dehcit
OF ss54 .95s. 81: and that to meet this Wouid
reauire an increase OF fron thirty TO forty
cents on the one hundred dollars OF proper,
70 as now assessed. at the same time
laid before the Assembly sundry PROPOSE
tions for a settlement, which would also
have required q small increase OF the Iate
of taxation. These were not accepted, Dut
one was agreed upon embodied IN the eA-
listing law which the proper officers OF the
Government and The committees having the
matter in charge thought could be carried
out with the present revenues.
Experience, though so short time mas
ELAPSED. has verified these views. Tbe loi.
lowing tables, compiled from data furnlshed
from the Offices Of the Auditors, will show
the disposition Of the revenues, and the
condition Of the finances under the opera
ton of the new funding law, and what that
condition would be were it in full operation
and its provisions carried out according TO
their meaning and intent:
STATEMENT No. l.
Sho,oiuo from, aohat sources reuenne is derived.
based II oo7sahe assessments ana retuTnsJoT the
year 1878, the assessments and returns for me
year 1879 not hGring been Teceioed IN Jutt,
g getn is is7 s1s o. sH 20, 1879.
Total value of real estate, as assessed
viii. taxes :, for me year s, isas,
so cents on the 800 value $500. $l,222,S!S 90
Back taxes assessed.................. S34 II
Total value OF personal property rs
assessed with taxes for hhe year
1878, $7I.O13,l05 SS: tax on
v ss%s a. o. Genus %" ."s " s55,oss g
fractional gains. ....:..:..;t Zlo 81
Value of incomes exceeding In each
case 5000, 81, a71 1868. Ol; tax on -.
same at per cent. Z9,flZ %
Captation tax:
Number white male persons over
twentv-one years Of age, 175,97O;
number colored male persons over
twenty-one years Of age, lO9,-
4Oi-2S5,371: tax on same at 81
II Licenses assessed May and No
yen,ber, 1878:
Regular merchants, &C., S332,717.
-; licenses S ana rsg1 I;na9t sales ,axs
S472,S34.l4. Deduct rebates on
licenses and registered sales under
the Moff.lt liquor law, S99,S77.-
IA; deduct expenses on licenses
and registered sales under the Moi
sisa {397o55 s e7s4s4 o5
Taxes derived from railroads,
elerss, n niotaries, sc. D 10000 90
HT Sst and other than extraoTdn $4,000 90
Total. ............. &2,762,51o 95
reduct commissions for collecting,
&C. Sill ,0S9.54. 1.-THE c2Inmis-
sions for assessing taxes arc IN
Guided in expenses of govern
ment, as stated below. the amount
being S45,1l1.1l.l Deduct insoi
vents anu delinquents. &C.: Insoi-
vent ca,itaton-taX. $7l .434 In.
solvent prOBerty-t 4 X. SlO,-
1925; isoyent incomc-laN,
a27.S7: delinquent | a d-taN,
S3S.U79.70: erroneous assess
ment LAME. tax, $6,6 00.69-Sl26,-. ,o-o., ~
S6l.5l .............'.'.'...-.9 Aof'o"h o'
Set,evenue. ............... $2,524,5es 90
Add amount received from Second
Auditor for tax retained on cou- .,-oo ,-
poHs, fiscal year ls7s-79...." 6l''es 81
Total net revenue. .............. 1855 .07s n
The ordinary expenses OF so1erTnoo
ment for the fiscal year 1S7e-T9
were S79l,557.72; included in
said expenses or government was
the sum for expenses of the rcgu-
lar session ls7s-'79 and the ex-
Assembly. sl2o,43s.S9; from
which should be deducted The esIi-
mated expenses of a sc :sior OF the
General Assembly under the new
law, $50 900; and IL leaves an ex-
cess 10 be deducted on account OF
expenses Of government, $50
1889; which deducted from Tic
actual expenses OF government
Iel For lsTe.iso is............. 73l.11s SO
.H. sl.s54,959 "a