River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1883-01-18
THE MESSAGE.
Lucid Presentation OF the States Fin
anees and Condition of Public
Institutions.
The Subject of state Control of Railroads
Observation-Disclosures and Other
Topics Treated.


To the Honorable, the Legislature: You are as
sembed under suspicious circumstances. The yeat
just gone has been TO our State and people pros
porous enc. The true interests OF labor agricul-
ture. manufacture commerce and Of every Depart
ment Of industry have been happily observed In
dyiduai success ard happiness among or citizens
have been general and phenomena. The cause Of
education, - vital 10 free people, has made great
and substantial advance. and our progress as State
FINANCES.
The financial condition Of the State is very satis-
factory.
The cash in the treasury on the goth day Of Sep
tember, 1891, belonging 70 the general fund. was
S2s7, e5332$ the receipts os this fund for the fiscal
year were 81 263. 074 80, and the disbursements
were Sls1sfl s07 81. and the essh in the treasury
Seut so, 1889, was S364. 22O6s. The disburse-
ulents from this funi were SS54414 less than for
the year ending Sept. 30 sS1, and the cash in the
treasury at the end of the year was S46267. SO
more than al the corresponding date the previous
year.
The receipts Of the trust funds during the fiscal
year have been 81 ,O6O, 9542 the cash 70 ths
treasury. Sept. 80, 1881, was SOS, SAG SS; the
disbursements from the trust funds during the fiscal
year 81 4iB, S8S2l, and the cash in the treas
ury or the 30th day of September, 1882, was
1852, 412 90. OF the trust funds, the sum of
S7a9. so was durin the fiscal year invested ia
United States boLds; the sum Of $40, S82.l7 was
loaned towns and school districts, and the of
Sal, 447.03 was paid out Of the trespass fund to
the benefciarfes under the law.
The receipts during the year for the school fund
are given in the secretarys report at 1926 SO GO
of which amount $3.50, 900 was for United states
bonds which had been called il during the year.
The disbursements frpm this fund are reported at
S470,96l. IL, all of which, except the sum of
1897. 90 refunded for overpayments, is invested
according to law in interest bearing securities The
total amount of school fund now at interest is
50, S05,27S 23 and the cash balance belonging to
the fund is &7,767.35. The school fund income
during the year amounted to S197, 1873 so, Of which
amount the sum IF SlS5,l 66.42 was apportio ned
to The different counties for school purpose
There has been paid during the year the sum CT
S24.4S3.Sl 10 the university fund, nearly all #
which in paymeut Of interest bearing secur-
ties falling dGe, and there has been invested Cf
this fund during the year In United States bonds
The sum of $52,eE250 At the end of the fiscal
year there was of this fund SOS, 13S. SO, all OF
which at interest 81, 966 80 cash on hand,
The Agricultural college fund, which now ihtres 10
the benefit CT the university, amounted on the
3Oth day OF September 1882 10 S2T9.6o9.S4, OF
which 1921, 3S537 was Bearing interest.
The normal school fund on the 30th day of Sep
TENDER, 1852, amounted to SI,165.o4I.20,a all of
which save $l7.969.62 was Invested in interest
bearing securities The income from the fund
during the year was $S5,594.9S, all Of which was
disbursed for the benefit Of the normal schools.
The receipts OF the drainage fund for the year
were $50, 012.93. almost entirely derived from the
sale Of lands, and the disbursements were $4S,-
542.59.
The ST.. Croix & Lake Superior railroad trespasa
fund consists of moneys collected by the State for
trespasses upon the land grant, made to the State
by acts of Congress, approved June 3, 1856. and
May 5. 1864. commonly known as the st. Croix
Il Lake Superior land grant. Under Chap. 46,
laws Of 1863 aud acts amendaoFy thereof, these
lands have been protected by the State, and the
moneys collected held in trustees the expense Of
collection-for the use and benefit of the roads
entitled to said grant This fund, on the Both day
Of September, 1881, amounted to SlS6,0S4. IS
and there has been collected during the year
S139.24. There has been dsbursed from this
fund in accordance with Chap. 1913 Of the Laws
of 1882, to the companies entitled thereto. the
sum OF S141,447o3, and there remained i'll the
treasury the Both day of September, 1882,
S42, 36Z07- / required the companies receiving
payments under the law TO give to the State full
release and aeqntrances. and a full and complete
guaranty for the protection Of the rights of any
other claimants, should there be any.
EXPENDITURES AND REVENUES.
The secretary of state makes the following esti-
mate of the expenses to be paid from the treasury
during the year beginning Jan. L. Il ssh and Of the
revenues Of the State for that period:
Expenditures. ....... 81 ,041, 100 IS
Revenues
Licenses and ees.................. S706.50O 90
Taxes authorized .................. 233, 220 s.
S94l,720 Sc
Amount to be provided by tho leg
islature to defray the expendi-
lures for the year commencing
Jau. 1, 1884. ................... 100, 600 90
81 OH zoO 80