The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1883-02-16
STATE AUDITORS REPORT.
Tho Biennial Showing or the Funds and
Finances Of the Great State Of
Minnesota.
CREDIT BALANCES.

The biennial report of State Au.
ditor Braden for the period ending
Nov. 30, 1882, Is now ready for per.
usal. On Nov. 20. 1880, the credits
to various funds in the treasury
amounted to $284.15l.99. The 70.
ceipts for the next year are given as
81, 97o .55S.O8. and the disbursements
as 81, 42l, $3.50, leaving a balance Of
S557.744.27 credit Nov. 30. 1881. For
the year ending Nov. 80, 1882, the re-
ceipts we're S3,2Ol ,415.7o, and the dis.
bursements. SO, 05s, 3l7.2l. leaving a
balance Of Sl43, 09s.5S. The amount
Of warrants outstanding at the close
of report was $50, 60l.5s. Appropri.
ations uoexpended amount to $780,.
s18.46. The total bonded debt OF the
State is placed ut - $3.50, 900. Then
follows u statement Of the revenue
from taxes. giving the debt balances
of counties at S243. 3lO.l2. The re.
ceipts and disbursements by funds
follows in the report ut length, but
has been given before in the State
treasurer's report and in the govern.
or's message. The increase average
Of taxable lands of the State has
been l,702,7l6 acres. The total In.
crease Of taxable property IN the
State foots up $82, TT 800. The total
taxable value Of all property for
1882 was s31i ,l93.43s.
STATE FINANCES.
Under the head of State finances
the auditor recommends making
short loan of 100000 to cover a
deficit Of $4,000. He also suggests
that no further extraordinary ap.
propriations be made without provid-
ing IN the tax levies to meet them.
The interest fund has balance sui.
icient to redeem the coupons falling
due in 1898 Of the loans of 1873 and
1878. The $25, 900 remaining of the
loan Of 1873, and the Sol 900 balance
of the seed grain loan of 1873 will be
redeemed and met this year.
The State debt consists OF the following
series Of bonds:
ing loan Of 1874 due In 1885,. 26,oOp0o
grain loan Of isss due in 1873 sl,ooo,oo
Amount OF ~ per cent railroad
adjustment bonds issued I'M
der act OF Nov. =, 1881, 70 re-
deem the heretofore unrecog-
nizcd credit loan ut 49,. ,2os,0o0,0O
Total bonded debt ............ S4,sss, 900 ~.
To this should he added $685. tO,
the amount Of outstanding hOnds of
the issue of ls58 not returned for ad.
jistment. These If redeemed, will
require further issue Of about 49,.
600 of ~ per cent bonds.
The report then gives statements
and tables, shows the values, names
of holders, etc. Of the issue of 1853,
which have been redeemed under
the adjustment act, and the payments |
to claimants under the awards Of the
provided by that act and |
also gives the report Of the claims
under the act of 1881,
against the various railway compan.
les.
The land department is reviewed |
in detail in the auditors report,
which shows the number of acres of |
land appraised. and sold and the ag.
gregate amounts realized by the
State, together with the unpaid prin.
cipal at present drawing interest, and
the amount Of State land unap.
praised.
During 1872 l21,lle.lo acres Of
lands have been exc.
cuted to railway companies. The
of these lands from 1854 |
to 1882. inclusive, are rs follows:
1854. 305. 484.04 acres. 1865, ISL.
sO4 SO acres; 1855. 405. 632.97 acres;
1857, TT 1859 Sc acres; 1868, 46,7sl..
IL acres; 1859, 529. 37.77 acres; 1870, |
AL ,869l8 acres; 1871, 623 ,266. o6 |
acres; 1872, l,023, 1854 acres; 1873.
22O, 1874 acres; 1874, 4. 664,l9Ol2l
acres; 1875, 672 97l.35 acres: 1875,
81, 305 IS acres; 1877. IT'S, 357.ll acres;
1878, 2,86S.60 acres; 1879, 65,552.S8 |
acres, 1880, 701 ,640.89 acres, 1881,
lO9. 1927 Is acres; 1882, 1888 "a acres,
a grand total OF 7,5l0.6S857
acres.
SCHOOL LAND.
OF the 5000. 900 acres which Il is
will eventually inure to
kha State Tor thu ma nf aahAola