The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-01-12

The following statement shows the con-
dition OF the State fund during the year
ending September 80, 1881:
Balance Of State Fund In Treasury octo.
Der b,1SJ 60
Receipts on account Of Stale Fund during
the 43I 5I &C
Total Of State Fund during the year .... iIG III %
Disbursements from State'Fund during
Balance OF staiC Fund on hand October :
!, 1881 293OO p
OF the sum Of S443,14l 90 OF the State
Fund in the Treasury during the year,
there was included $4,000 borrowed on
the Sd day Of June, 1881, from one Of the
banks in Wheeling, by the Governor, in
pursuance OF Section 26, Chapter IA, of the
Code, and the further sum OF $4,000 Dor
rowed on the 36th day OF September, 1881,
from the same bank, making in the aggre-
gate $50, 900; the condition OF the Treasury
atthoseperiods makingitnecessary tosecure
these sums by loan, as represented. to the
Governor by the Auditor and Treasurer.
DeduCting the sum SO borrowed from the
sum in the Treasury during the year, would
show deficiency in the revenue 10 meet
the aspirations, viz
Amount in Stale Fund during the ycar..slt9liI =
Less amount oorFowed.'....,. 5000 %
Amount oil STATE Funds available to pay
There was actually dis6ursed on account
81 appropriations burng the year ..... 4tS Tgt 01
Deficiency t. meet apProPrint ions..."". 5O649 q
This deficiency is to be accounted for in
part by the fact that the Legislature ap.
propriated to be paid out of the Treasury
during tho year, the sum Of STA 52l 10,
which sum was in excess OF the estimated
receipts as appears by the report Of the
Auditor, made to the Legislature at the
Commencement OF the session. (See Au.
ditor's Report, page Az
The actual receipts paid into the Treas.
ur! during the year, TO which add the
balance oil hand at the end ot the pre-
The amount apprOpEia ed was..,,,. Az, SCI a
E,ccs OF appropriations over amount in
TTea 81 $50 II
In view OF the facts herein stated as t
the condition OF the finances, beg leave t
reiterate the suggestion made by the Aud
itor in his report, "That great care shoulC
be exercised in fixing the appropriations
Burthens should not be placed upon thu
Treasury without adequate provision being
made by taxation 10 discharge the same.
Where appropriations for any one yeal
are nearly equal to or In excess OF receipts
the close Of the fiscal year finds the Treas
ury deficient in funds to meet current ex
penses.
This is occasioned by the large draft
made on the Treasury by our public insti
tutions, early in the commencement OF tlft
new fiscal year, the appropriations having
already been made to them. The sheriff
are not required to make their iirst pay
ment into the Treasury, OF the revenue ou
OF which the appropriations IRE to be paid
until the Goth day OF January following
Hence II the appropriations for the preyioui
year arc equal to, or in excess OF the reve
nue., there remains no balance in the Treas
ury to meet current expenses OF the new
wear, and a temporary loan is necessary il
anticipation OF the Rst payment to b,
made as above. The Treasury could be re
lieyed to some extent by requiring the col
lectors Of the tax on licenses to pay til,
same into the Treasury at an earlier periol
than is now required by law. BY the pro
visions OF section IS, chapter l97, OF tn
| Acts OF 1877, the collectors OF the tax OIL
licenses are required to pay into the Treas
nry on or before the Slst day OF May, III
taxes so assessed on or after tho LIST day @
November, and before the first day OF May
i And the taxes assessed on or after the fin
day OF May, and before the first day OF NJ
vember following, shall be accounted e
and paid on or before the 10th day Of d.
cem6er following.
The licenses provided for in tho act her
in referred to, expire on the goth day
April next aiterthe commencement thereo
Those renewing their license arc not a
sessed and do not pay for the prlvilcf
/ granted, until on or after the LIST day
May. Such as are paid on or after the /
day Of May and before the lst day
Q November following, the Sheriff is not :
quired to pHy into the Treasury until Il
18th day OF December.
The largest part Of the license tax 50 g
sessed, is paid to the Sheriff during Il
month Of May Not requiring the pa
d.