Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1879-01-16
Cash balance in treaanru

Cash balance in treasury. $4a,4s9 20
These figures, together with the auditors esti-
mates of receipts and expenditures show the neces,
sity tor cautious appropriations, and the continued
which have been repeatedly urged. It will he seen
that the balance IN the treasury at the close Of the
year was put $4s4e9.2o, belonging in small parcels
fund is overdrawn to the amount Of $24, 460.1o.
The auditor states that the outstanding warrants
against the revenue fund at the close of the year
together with over drafts, make total floating debt
amount ng to 4122, O01.94, and that since the old
days of deprecated State warrants the treasury has
not been in so depleted condition '-
This is owing to the disbursements for seed grain
and other extraordinary purposes, amounting to
about 500 for the year, and to the nonreoeipt
was estimated at $4,000. From the auditors est
mates it appears that with careful management,
without any extraordinary expenditures the receipts
expenses and psy OF he 6oetins debt e wteS Ell
square accounts and bring finances into sound
condition with the beginning OF another year, in
will leave q probable surplus Of 100000. Every
6nancering demands that there should be no appro.
which contemplate drsughts upon the treasury during
the present year. ..., - .-..-.:, - So.
making appropriations in anticipaton Of receipts
into the State treasury. It Is offensive to correct
business principles forces the State into discredt
able competition tor money recommendations and
stiles justify. have found the practice so annoy
ing and detrimental to the public interest that shs
feel It my duty to disapprove Of appropriations 20
made and to insist that no warrants shall be drawn
upon the treasury In excess OF ih receipts during
he year 1879 ~ =e..l 81 ~ - ,-sng.r o.
solicit your careful attention to the ysriou. inn
portant subjects discussed by the auditor and espec
ally TO bis remarks, and the action Of the State board
Of equalization respecting the evils Of the present
81 5 :e The
your serious consideration.
TREAsuRER's REPoRr.
Tho ample details contained in the report of s.te
treasurer, afford = clear view Of the Condition of
State funds under their several classhcations the
total results Whereof are condemned into the state
B:l:nce in treasury Dec.1 ,t sstas5>,. -.
Totalreoeipts during fiscal - .z":zf'
year,. 1,4T,6S7 81 az Fl
Total disbursements for ,..-,
the year.. .........,..... a $50, 400 81
Leaving balance IN treas So. IT,
i my Dec. i, 1873. $1,000 48490 10
The treasurer states that in consequence Of nrnmnt
last 900 of the temporary seed grain loan Witch
had been negotiated In March preceding leaving lint
$4,000 - interest bearing. warrants outstanding at
the close Of the year. ~<-' s.2es,.'. :.
r The superintendent OF public instruction h.a ran
dered excellent service to the cause Of general eIu
cation by giving such shape 70 his Last report q
makes It substantially N educational history 81 the
State. It il resume In which win be found cnrs -
statements Of the Congressional land grsns. "a ~
nOus formative and aondAtory acts Of State Ie1is-y
Ati0R, and the practical trials and triumnbs ont ns
which has been evolved our present educa0nal ays-
tenn. 1ntsEatnsled with the recital Of fso6 No pr