The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1879-01-09

Balance on hand Octo. l, 1873, as per
books OF this Office. $3O,33O 81
The last year was one Of peculiar embarrass-
men mt, IN condnctng the operations ct this office
the adjournment OF the General Assembly, in
April last,I laid before the Finance Committees of
showing the financial condition OF the Common
wealth. No measure OF relief however, was adop-
ted. and was compelled to carry on the Govern
ment as best could with the limited amount of
currency or money at my command.
Against my management, however, no voice OF
complaint but has been heard, although de-
lays-necessary delays-occurred in the payment
OF demaod upon the Treasury,wh were author
lied bylaw. and therefore proper to be made The
ing need Of funds not only for building but on
support account. have shown most commenda-
pie degree OF lorbearance upon an assurance that
unwillingness on my part to do so, but from sheer
inability. The complaint to which have alluded
this have replied in an appendix to this report,
to which beg the especial attention OF the Gen.
e ea Assembly To meet an objection which has
cents in the hundred dollars value of property was
specifically levied and collected for the schools-I
there is no provision of law which requires it !;
the language of the statute is that "the proceeds
OF one-tth Of the tax on land. property &C.. shall
be applied to the support OF the public free
schools" There is no separate fund kept for
schools on the books OF this office; the law does
not require it, could it be done il it did The
rent it, The taxes are all merged and paid or &C.
counted for by the treasurers at this office with
out any distinction to whether they are for cap
general credit in the settlement OF their accounts
pons has been over $l,2l5,OOO. which, displacing
that amount of currency. has rendered it impos-
slble. to pay in full the appropriations made at
your last session.
The amount unpaid due to the Lunatic Asy-
lums on all accounts is as follows
To the Western Luntic Asylum. $75s76 Ga
n hQ Ea Of IN Inn 10 Aou IA ~
To the Central Lunatic Asylum......... 81. 1893 SO
70 the Deaf. Dumb and Blind Asylum. 10000 20
There is also due and unpaid to the Uni
yers1ty OF Virginia, $3.50 90
The yield OF revenue from the tax upon liquors
under the Mofett law, in the absence Of returns
from TWENTY, five counties. an unable to ascer-
as full returns are in, will furnish complete
statement to.the General Assembly. giving the
suits between the present and the old law. This
statement think shall be able to complete by
the middle OF December.
respectfully submit the following statement.
which shows
FROM WHAT SOURCES REVENUE IS DERIVED.
Value OF real estate as assessed with
taxes, $246. S91, .56; tax on same at
fifty cents on the $lOOvalue is a.
23l.955.96, and back taxes assessed
Of 81 ,2eo22, making $l.23s,sls 10
Va al!ts OF personal n 4. property assessed
at fifty cents on the sl0O value $3.50, S92 10
Value OF income as assessed with tax
es, $3,4 .7l5.40; tax on same at one
per cent ............................ 34,557 Is
Capitation taY-white, 74,861; colored
1lO'954; total tax at one dollar per
capita ............ as5,8l5 90
EsIlmated TAX on HcenSeS............ 100000 90
Taxes derived from banks, railroads,
insurance companies. clerks nota-
ries, &C.. 100000 90
Revenue derived from other sources
net and other than extraordinary. $4,000 90
Total revenue. ~, 7sg, 48O %
Deduct commission for collecting &c 189,670 02
$2,549, $40 so
Deduct insolvent capitation and prop
ty and delinquent land tax.......... 135,789 sc
ss,4l4,o2O A
Deduct current expenses of govern
1000, ooo, 900
$l.4l4.O20 A
D e. uct amount due public free
schools. .,.......................... 44l,757 95
Net revenue applicable to payment Of
interest,". ACKNOWLEDGEMENTS. ss72.262 40
Amount OF interest on
debt proper, of $29,-
350,826.3S, at six per
cent, $I,749,SG5 81
Deduct revenue appii-
cable to payment of
Interest,". -. 972,s6s 40
Deficit, ......... ....... $770,603 80
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