Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1881-01-15


sThis inclues $3.50 900 paid for revenue bonds
which matured June lst. 1879.
This shows a balance of $2S4, ,026 78
in the revenue fund. But a part Of these
receipts, though properly placed in the
revenue fund, are not usual receipts, as
1886. .S75 thereof were the proceeds OF
tho sale of two hundred and fifty renew
al revenue bonds of $1,000 each, au-
thorlzed to be issued and sold by an act
of the legislature, approved May 9th.
1879, to pay the revenue bonds which
were issued in accordance with the act
of April Esd, 1877. ........ a1
1t is to be observed, also, that $780,
600, with $4,000 interest on the same.
are not ordinary expenditures '7-
There has been expended for the
maintenance and support OF our
eleemosynarv institutions, for the last
two years. the sum of 1927 ,O57 50,
paid from the revenue fund. This in
cludes the cost OF rebuilding the lunatic
asylum, in 1880, at St. Joseph.
There was also expended during the
same time, in support OF our common
schools, the Lincoln Institute, the three
Normal schools and the State University,
the sum OF $1.145, ,3S1 SO. But OF this
amount the sum OF $363, ,72O was paid
out Of the interest fund, being the
amount OF interest which had accrued
on bonds and certificates OF indebted
ness of the state, held in trust for the
state school and Seminary fands New
ertheless. those sums OF money were
raised by taxation Of our people during
the last two calendar and fiscal years.
| OF THE REVENUE. ''i'-
The revenues of the state will natur-
population and of wealth. The price
oil property, and particularly of real es-
tate, has been greatly depressed Tor a
few years last past. In the latter part
OF 1879, the price of all kinds Of proper
ty increased, but at too late period to
enable the enhanced valuation to mate
rally effect the assessments of that
year. 1t must be borne in mind all
persons are required to give in the
property held and owned by them on
the 1st day of August, and the valua-
ton OF the same il to be made of that
date, but the taxes will not be ready
tor collection on that assessment till the
autumn of the next year. Tho follow
ing statement shows valuation OF the
real estate, the personal property, and
the railroads, bridges and telegraphs,
in this State. ter the years named:
1878:
Land .:............ .S2iS. 1z6. .2l5
io.s ~! ,lol ,ll3
RailroaIe telegraph and bridges. 70, 7s6' 81
Total. s555, 2lo, 500
Land ii:;:.................- s2l2 5l9, ITO
Personal property 500. ........ l47, 6gI 9l0
Railroads, telegraph and bridges ea, is3, 9GS
| Ao''@i .S31o sS6l 44S
The assessment of 1879 is the assess.
ment upon which the tax has lust been
collected, and the assessment Of proper
ty which was made on the list day
OF August last, is not yet completed,
but the tax will be payable in the
autumn OF 1881, and will be levied
en- that valuation. Additional taxes
will be derived from licences and trem
the advalersm tax levied on merchants
and manufacturers, as we'll as dram
shop or beer house licenses. Fer more
particular and specific Information con.
cernlng the revenue, refer you to the
report OF the state Auditor, and the
valuable tables accompanying it. 1 ar
OF the opinion portion OF the renewa,
revenue bonds can be paid at their ma
turity, but not all.
STATE INTEREST AND SINKING FIND
, The tax which forms the interest fund i,
one nth OF one per cent, or 20 cents OF