New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1885-01-14
State Institutions Fund,

State Institutions Fund.
RECEIPTS.
1885. 1886. 1887.
R. R companies taxes. .$645 900 $3.50 600 $3.50, 900
companies i s,' taxes p ..... 5000 5000 e,ooo
Balance July 81 1884 .... 1874, 900 ...... ...
Totals ....s $685., ooo $3.50, 900 ssse, 900
Support 1st host insane .$l4,375 s13e o2o $3.50 28o
Support I'd hop'l insane. 1880 97,240 100000
Support deaf ard dumb,
blind and imbecile
SCHOOLS ..............., 6O,OOO 10000 10000
Support of prison. ....... $4,000 10000 $4,000
Support of reform school $4,000 $4,000 10000
Support of normal schools $4,000 $4,000 $4,000
Support OF historical socy 5000 5000 5000
Interest on railroad ad-
justment bonds ....... 100, 900 100000 100000
Transfer to revenue fund. ...... 1926, 600 $4,000
Totals ........ s51e.175 se7s,2so 1861, 1850
REHABILITATION.
Disburse-
Receipts. ments.
Year ending July 81 1885. $ss5,0oo s519,175
Year ending July 81, 1886. 656,00O 678,26O
Year ending July 81, 1887. $4,000 66l,36O
Totals. .............s 81, 157, 900 s., 1855, 7s5
Estimated excess receipts July 81, 1887 .$29e POS
Redemption Fund-Revenue Bonds of 1883.
RECEIPTS.
Year ending July 81 1885. 1885, 1887.
Balance July 81, 1884,. $5,474 81 ........ ......
State taxes. ........... 77,2oo 90 $4,000 $4,000
Totals. ....... $50. e74 81 $4,000 $4,000
DISBURSEMENTS.
Redempt'n of coupons $4,000 90 $3.50 81. 700
Redemption of bonds. 10000 90 10000 10000
Totals ........ $4,000 90 s75,s5o se2,7oo
SPECIALIZATION.
Disburse-
Receipts. ments.
Year end.g July 81, 1885. S82,674 81 $4,000
Year end'g July 81, 1886. $4,000 90 10000
Year endg July 81, 1887. $4,000 90 g. 100
Totals. ........... s24s, e74 81 211,7oo
Estimated excess of recpts July 81 1887 974 81
AN ANALYSIS.
An analysis of these statements shows
that there has been disbursed during the
twenty months covered by these transactions
of the treasury SITS, 416.55 for the main
tainance of our state institutions, $685.
| O22. 50 in the construction of new buildings
| for public use, 1878, PTS. 80 for interest on
the state debt, and $3.50, 158 80 for the gem
has been met by the ordinary revenues of
the state, except part of the interest charge
which is paid from the income Of the internal
| improvement land fund This interest ac-
count, almost wholly due to the railroad adj
i justment bonds, is burden recently i'm
posed upon the treasury, and a large part Of
4 the expenditure for public buildings has
4 been required to replace structures DESTROYED
by fire. These items, with considerable
increase in the cost of maintaining the public
institutions the past two years, have made
an aggregate OF extraordinary demands that
would have required material additions to the
tax levy but for the rapid increase Of the as.
sessable property and the miscellaneous re-
i sources OF the state. The one mill tax to which
the levy has been reduced, with the other
j revenues of the state, have, however, been
sufficient to provide for this unusual outlay
and leave balance in the treasury at the
end Of the last fiscal year. The estimates Of
receipts and disbursements" for the fisca
4 years for which you will make appropria
tions promise continued healthy condition
OF the treasury, provided such appropriations
are restricted within reasonable limits II
years past the practice has obtained to som.
extent OF making appropriations without re
gard to the revenues from which they were
to be met As consequence, it has some
times been impossible for the treasurer
to meet requssitions promptly as pre-
sented. particularly against the rev
fully scrutinize all propositions in
volving an expenditure Of money, and tina
yon will not make appropriations beyond til,
limit OF the probable revenues Of the state
While providing adequately for the increasel
requirements OF our public institutions and