Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1886-01-27
EXPENDITURES
$1,63o,T9 SO

Total expenditures for the year 1885, Sia2I.f6 IL
Cash in the treasury, Dec. 81, ISIS, 3ls,5.6 So
sl.e3a.Ns 90
RECEIPTS AND EXPENDITURES IN DETAIL.
The receipts during the year were from
the following sources:
state taxes. sl,'s3,sll 40
County taxes, 1859 Is
Tax on savings banks, 2lo,0s2 81
Insurance companies, II4.sis Is
! Interest on deposits and taxes, 2,i37 SO
Miscellaneous sources, 24.46o %
Total receipts, s1,447 $50 Sc
| The expenditures during the year may be
grouped as follows:
On account Of public debt, $4,000 90
I Interest public debt, 81, go 90
Sinking fund, 7e,l.i so
sentatfves. 36,70l 90
Educational purposes, 3y4,5s ~
Maine Central Institute, 1890 90
Agricultural purposes, 1854 Is
! state College, $3.50 90
Penal aud ieformatory institutions, 55,7g7 80
Maine General Hospital, 1850 90
Bath Military and Naval Asylum, 9,0OJ 90
Protection and propagation of dsh and
gane-sea and shore fisheries, 9.lsi 46
Insane Hospital, 2s.2s6 IA
Insane state benefciarles and State pau
pers, 5l,sa5 Os
Entertaining Grand Army of Republic 10000 90
Military purposes. 1888 SO
Pensions, 81 OBS o.
Railroad and telegraph taxes paid TO
town, and cities, 22,a33 SO
Indian tribes, 1888 90
+ County taxes collected In 1854 paid to
counties, 1850 II
Miscellaneous and current expenses Of
state government. including salaries of
all State officers, Judges and county at
torneys. l4s 1888 90
Total expenditures, 1891 1863 Al
LfrNn
The sinking fund at the close of the year
amounted, at par value. to 1,s6o.27s Al
At the close of the year lssi 1t amounted
to l.s26, 200 90
Showing an increase during the past
year Of sl3i,O7s Al
TOTAL NET INDEBTEDNESS OF THE STATE.
After deducting resources, the total in
| d -btedness of the State, January /, 1886,
amounts to S., i58, GIG 60.
BONDED DEBT.
The total bonded debt OF the State after
deduc'ing the sinking fund at par value, is
81, $50, 72l.j9
REDUCTION OF Public DEBT.
The public debt of ~ State has been de-
creased during the year as follows
BY payment of bonds due In 1885. $4,000 90
! " increase Of the sinking fund, l3i,078 ii
| Total reduction, sls2,O7s Al
BY resolve approved February 81, 1885
/ (chapter 1881, the Treasurer was authorized
/ to procure on the faitl of the State. if he
should deem it necessary. at any time during
the year a temporary loan of three hundred
thousand dollars. or so much thereof as might
be needed He found it unnecessary, how
ever, to avail himself of the authority granted
bv the resolve AMI all demands upon the
treasury were promptly met from the current
receipts of the office.
The rate of taxation for 1884 was four
mills and tor 1886 three and three-quarters
mills. on the dollar of the State valuation.
ESTIMATED RECEIPTS AND EXPENDITURES FOR
! The Treasurer estimates the receipts
/ for 1854 on a reduced rate of taxa
/ ton, including balance from last
year at 1854 e73 40
And expenditures are estimated at ,3se,5ll 81
Which would leave balance in favor
of the State of sl52,l62 %
SuIrs AT LAW.
The suit brought by the State in 1882
against the Grand Trunk Railway Company
of Canada to recover the amount of taxes
! then due from that corporation is still pend
ing in the United States Circuit Court at
/ Portlan /. The case has been argued but not
decided.
The suit against the Knox and Lincoln
Railroad Company commenced in 1881 to re-
cover tax levied by the Governor and
! Council against that corporation, under the
statute of 1881, il pending in the Supreme
in iicial Court. The case was argued for the
State before the Law. Court by Attorney
General Baker in July last. No decision has
as vet been announced.
STATE TAXES AGAINST GoRHAM AND GRAY.
In relation to State taxes against the towns
of Gorham ami GRAY, the Treasurer says:
son the eighteenth day of February last.
the House of Representatives passed an order
authorizing the Committee on WAYS and
! Means "to assess the State tax on the State
valuation "a established BY the Legislature
cot 1891, for the wears 1885 and 1886 at three
and three-quarters mills on a dollar of said
valuation" Acting under this authority. two
! bills of assessment, one for 1885 and the
other tor 1886, were reported to and passed
by the Legislature and approved on the fifth
day of March following
SO far as these Acts of assessment relate to
taxes against the towns of Gorham and Gray,
thew are erroneous. The polls and estates in
these towns were fixed by chapter q of the
Resolves of 1881, as follows:
! Polls. Estates.
Gorham, 756 sl,39s,5 24 0C
Gray, AIS 572,l22 0C
3y clerical error the assessments were
made as follows:
Polls Of Estates Taxation. Assessed d
Gorham. $50 ss72,i22oo 81 mills on
valuation and
cent for
each poll $3.50 o.
Gray, ais laos, 100 do SPAS 6i
Total amount for both towns, s7,40l 6,
Had the order of February Is, 1885, al.
ready quoted. as well as the first sections of
the Acts of March 9TH. been complied with
tbs assessments would have been as follows
No. of Valuation Rate of rru,
Polls. of Estates. taxation. Tax
Gorham. $50 sl,Ses,s24.OO 81 mills on
valuation ami
one cent for
each poll, S5,252 o.
Gray, AIS 572,l22.oo do 2.li9 81
Total amount for both towns. $7,40l o.
The matter was submitted bv me to the
Attorney General, who recommended that the
town of GRAY assess the sum which would
equitablv be due the State for 1885, TO wit
81. l49. "a. ind that the town of Gorhsm as
sess 50 l53"2, the amount specified in tbs
Act of the LegisfstSre, and that a specia
town meeting be cad ISLANDER proper warrant
for that purpose, n.shnea vote passed to raise
the balance duel i" emorstate, viz, IS 1899 0l.
The town nf. a av has committed with this