The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1883-01-19
WISCONSIN.
Second Annual Message of Governor Rusk
"A Review of the State Finances-The
State Penal and Reformatory Instftu-
tiOns-RaiIroads and Insurance, etc.. etc.


Second Annual Message of Governor RusFx
"A Review of the State FinanceS-The
State Penal and RefOrmatory Institu-
tions-Railroads and Insurance, etc., etc.
To the Honorable, the Legislature:
You are assembled under suspicious circum-
stances The year just gone has been to our
State and people prosperous one. The true
interests of labor, agriculture. manufacture
commerce, and of every department. of indus
try have been happily subseryed. Individual
success and happiness among our citizens
have been general and phenomenal. The
cause of education. so vital to free people,
has made great and substantial advance. and
our progress as State has been in every way
marked and gratifying.
FINANCES
The financial condition of the State is salts
factory.
The cash in the treasury on the 3Oth day of
September, 1881, belonging to the general
fund, was $2S7, 953.3 81; the receipts of this fund
for the fiscal year were s., 263, T490, and the
disbursements were 81, 1855, S07.54. and the cash
in the treasury. September 20, 1882, was 1884
220.68 The disbursements from this fund
were SS.544. II less than for the year ending
September 80. 1881. and the cash in the treas
ury at the end of the year was S76.267 IS more
than at the corresponding date the previous
year
The receipts of the trust funds during the
fiscal year have been $1,000 95t.31: the cash in
the Treasury, September 30, 1881, was s54S,-
346.Ss; the disbursements from the trust funds
during the fiscal year were 81, 446, sS821, and
the cash in the Treasury on the Both day of
funds, the sum of S79S, 1880 was during the
fiscal year invested in United States bonds
the sum of S76,SS2. II was loaned to towns and
school districts, and the sum of Sal, 44703 was
paid out of the trespass fund to the benef-
Charles under the law.
SCHOOL FUND.
The receipts during the year for the School
fund are given in the Secretarys report at
IA Trf oh oro0t rv,&& For.
United States bonds which had been called in
during the year. The disbursements from
this fund are reported at S470,961. 12, all of
which, except the sum of $685.. 81. refunded for
overpayments, is invested according to law in
1nterest-bearing securities. The total amount
of School fund now at interest is $2So5, 278. g,
and the cash balance belonging to the fund is
$7,767.35. The School fund income during the
year amounted to S197, 1888. 3d. of which amount
the sum of $185. 6642 was apportioned to the
olnerent counties for school purposes.
UNIVERSITY FUND.
There has been paid during the year the sum
OF S24, 1881 to the University fund, nearly all
OF which was in payment of Understanding
securities falling due; and there has been in
vested of this fund during the year in United
States bonds the sum of $50. S62.50. At the end
of the fiscal year there was of this fund $228,-
1888, all ofwhich was at interest save So 966 SO
cash on hand.
The Agricultural College fund, which now
inures to the benefit of the University,
amounted on the Both day of September, 1882,
to 1919 1884, of which SIT, 1851 was bearing
interest.
NORMAL SCHOOL FUND.
The Normal School fund on the Both day of
September, 1882 amounted to s., l65. 041.20. all
of which save 81 was invested in inter-
eSt-bearing securities. The income from the
fund during the year was SS5. 594 9S all of which
was disbursed for the benefit of the Normal
Schools.
DRAINAGE FUND.
The receipts of the Drainage fund for the
year were SS5,0l293, almost entirely derived
from the sale of lands, and the disbursements
were $4S, 1898
ST. CROIx AND LAKE SUPERIOR r. r. TRES
PASS FUND.
The St Croix and Lake Superior r. R. Tres
pass Fund cons SITS of moneys collected by the
State for trespasses upon the land grant made
TO the State by acts of Congress, approved
June 3, 1861 and May s. 1854. commonly known
as the ''St Croix and Lake Superior Land
Grant" Under chapter 46. Laws of 1862. and
acts amendatOry thereof, these lands have
been protected by the State, and the moneys
collected held in trustees the expense of col
lectlon-for the use and benefit of the roads
entitled to said grant. This fund on the 30th
day of September, 1881, amounted to S1860S4.-
49, and there has been collected during the
year Sl3924. There has been disbursed from
this fund in accordance with chapter 1913 of the
Laws of 1882, to the companies entitled there
to, the sum of S141, 447.03 and there remained
in the treasury on the Both day of September,
1852, S42, 36LO7, 1required the companies re-
ce1YIng payments under the law to give to the
Dtdtt luil feleaS0 ana dCQulJCanCoS, ana Iuli
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
estimate of the expenses to be betrayed from
the Treasury during the year beginning JAN
nary !, 1884, and of the revenues of the State
for that period:
Expenditures ....................$1, O41, 72O IS
Revenues:
Licenses and fees. ........... -. s70a, 500 %
Taxes authorized Observation-Disclosures. 235, 220 IS
~~:~ $941,72O IS
Legislature to defray the ex-
penditures for the year COM
mencing January l, 1SS4........ 100000 90
sl,O41, RIO IS