The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1886-01-27
THE STATES FINANCES.
Abstract of the Report Of State
Treasurer Burieigh.

Abstract of the Report Of State
Treasurer Burielgh.
The committee appointed by the Governor
and Council to examine the accounts of Hon.
E. C. Burleigh, State Treasurer, were en-
gagged upon that work for about fortnight
and closed their labors on Monday last. We
givean abstract of the Treasurer's report
and certificate of the committee appended
thereto in full:
Cash in treasury Jan. 1, 1886. ....S 1o2,319.41
Total receipts for the year 1885,. 1,447 ,66O.52
s1,6s9, ,979.93
EXPENDITURES.
Total expenditures for the year
Cash H'R IN the treasury Dec ST. 1855 $155HS.53
s1,689, ,079.93
RECEIPTS AND EXPENDITURES IN DETAIL.
The receipts during the year were from
the following sources:
State 81 ,O83, ,911 40
C0unfV taxes. 1Z,OlOlo
Tax on savings banks ............... 21o,O9231
Tax on railroad, telegraph, express
and insurance companies. 114,34915
Interest on deposits and taxes. 2.43756
Miscellaneous sources. z4,46OSZ
Total receipts. ................s 81 ,447 ,66o52
The expenditures during the year may be
grouped as follows:
On account Of public debt........S 100000
Interest on public debt. S11993S8Q9e00
1 Pay roll Of Senate and House of
Representatives. eS................... So,IUl'OO
Mans rsntra IhpstitSte 100000
Agricultural purposes ............ 17,5o4.15
State College,. Ee'229999' 9o
ae reaa ana enera1 Is'u'io' 10000
Bath Military and Naval Asylum. 100000
Protection and propagation OF nsn o1sa Az
1nSane n s4Hneiffeii' Hoenifsi anu onoi 2S286 IA
Insane STATE heneiciaries and State
Eptertenino Grand ARMY of Re
public. ACKNOWLEDGEMENTS. 100000
Mllltary purposes aa99'003322' %
RaiIroad and teiecranh taxes maid
TO towns and cities pH 2233363
Indian tribes. es...................... 19,323.OO
County taxes collected in 1884 paid
to counties. es....;........:.......... 11,S3617
Miscellaneous ana current expenses
oa 1Iase ot x, Siata oficars ciudng iudg
and comfy attorneys Vs. !ses.s 4ss53 GO
--.1oo-~-
Total expenditures res......-......$ 81 1927, ,463 Al
SINKING FUND
Tho sinltng fund at the close of the
wear amounted, at par value to 81, $50 27S.4 Al
At the close of the year 1884 it
amounted to'....'''' I'ozo'zoo.VV
Showing an increase durinethe past
wear of .s.-..s 134O7S41
~, .r,,, or M,
After deductinp resources the total indebt-
toissss ~ ss s5S 81 sIs i61 sS 3'"'' - iO'
W @o''o0'oAo''o ,o>-,,,,, ,,ppr
r, 80 - ~ c.a4o af.ox
aodmotrer tho sinfT;n% fnnd at mar valne is
a. OK 7oi 70
~''-'o' -'e".., -. r,,,,,,,
hEDuCIioN oh fobLlO DEbA'
The public debt of the State has been de-
creased during the year as follows:
Bv payment of bonds due In 1S85...S 48OOO.0O
By increase Of the sinking fund -. 134078.41
--------- -
Total reduction ......-..-...Slo2,oTo.4l
By resolve approved February 81, 1885,
chapter 1881, the treasurer was authorized to
procure on the faith of the State, if he
should deem it necessary, at any time during
the wear a temporary loan of three hundred
thousand dollars, or so much thereof as
might be needed, lie tound u unnecessary,
nowteSl W & asaia e,d o oil
uy Uno %u aii a4 fo, {ba
elle Ileasuas Mels ~ RaoilR. n4.sa iio' iiohi 'no
euIIehs Irp 1ecefP.S VI eno Sdoe 1oco Voc so,,.
nllls anu @ lor loooso9 siilee alu
tsa tels Hills on 'no uoii"i VI 'no o'"'o '"iu"-
1lon.
ESTIMATED RECEIPTS AND EXPENDITURES FOR
AooOs
The treasurer estimates the re-
ceipts for 1886 on a reduced rate
of taxation, including balance -
from last year .3oa' 35 80
ana expenditures are es'iiiaeeu a'' A'oo@'oAA'o'
which would ,aava n halance in
favor Of the state of f'..s 152.1e2 O3
s,r,.rs,
r, Al. ,.rt - ~ c.o :. ,ooo
Inc SulI DrOugnG Dy tne STATE Ill 1907
against Lne OraHu Trunk halfway COMPANY
OF canada, TO recover the amount o1 taxes
then que Ir9m !nag corporation Is sun pend.
S II eo rrf o o o,, .s,ad T,,t ~ ~
IoIGalu. Ing cast hds uooii al lSuou pue io'
ueGluea. 4,ls !. a;.a4 a., p - r;uo,r
cover a tax levied by the Governor and COun-
eli AGAINST thar cornoration nnder the stat
nte of 1881 is nendinq in the Snnreme .Indi-
cial Court. The case was argued for the
State before the Law Court by ATTORNEY Cen
eral Baker in July last. No decision has as
vet been announced.
or ATE TAxrs AGAINST GoRuA,r AND GRAY.
- -,
In relation to State taxes against the
towns of GOrham and Gray, the treasurer
fhe House of Renresentafiyes passed an or
der anthnrizinc tba committee nm wavs and
mems 80 assass W tba Stata TOW On tbs State
valuation as established by the Legislature
of 1881. for the wears 1885 and 1886. at 80
mills on a dollar Of said valuation Acting
under this authority. two bills of assessment
one for 1885, and the other for 1886, were re-