Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1890-01-15
Total. .................. s33
Total expenses per schedule. ... so


DehcIenCy Observation-Disclosures. 80. LIZ, 10 -,
1t will be seen that ut the present rate of ex-
penditure and receipts the deficiency to accrue
before the proceeds OF anot her assessment can
become available will be I729o5.s?.
Article IL. section |, Of the constitution is as
follows:
The Legislature shall provide for an annual
tax, sufficient to defray the estimated ordinary
expenses OF the state for each year, not TO
coed in any one year mills on each dollar of
the assessed valuation of all taxable property
In the state. to be ascertained by the last as
sessment made for state and county purposes.
And when II shall appear that such ordinary
expenses shall exceed the income of the state
for such year the legislature shall provide for
levy!ng . tax for the ensuing year sufficient
with other sources Of income to pay The de-
f1ciency OF the preceding year together with the
estimated expenses OF the ensuing year. And
for the purpose OF paying the public debt the
legislature shall provide for levyinR tax an
nually. sufficient TO pay the annual interest
and the principal OF such debt within ten years
from the hnal passage of the law creating the
debt, provided that the annual tax for the pay
ment of the intereset and principal of the pub
lie debt shall not exceed in any one year
mills on each dollar Of the assessed valuation
Of all taxable property In the state ascer-
tained by the last assessment made for the
state and county purposes
While the second clause of this section is
somewhat ambiguous in meaning the first and
second clauses, taken together, plainly limit
the amount OF the yearly ordinary expenses Of
the state to sum to be created by n tax of 2
mills on each dollar of the assessed valuation
Of all the taxable property in the state interest
on the public debt not being included in the
term Ordinary expenses, as appears from the
last clause of the section. Now when IL Is re-
membered that the eX-auditors g estimate of re-
ceipts for the current year, before Set forth. is
based upon a levy OF mills on each dollar of
taxable property. according to the late terrtor-
ial statute, We see that the direct taxi for the
year 1890 will be one-third less than the esti-
mate for the current year. making the estimat-
ed total receipts for the coming year S237 915.25,
and the de6cir as at the present ate OF expens-
% for the year t270,257.25. From this amount
We may deduct the interest on state debt, $685.
$3.50, leaving thus deficit Of S.36. 1875.
The popular way out Of a financial dilemma
by borrowing fs only partially open to you
shown by article y, sections and 5. of the
constitution, which ts as follows:
SEC 2. For the purpose OF defraying extra
ordinary expenses ana making public improve !
ments, or to meet certain deficits or failures in
revenue. the state may contract debts never to
exceed with previous debts in the aggregate of
500 600 and no greater indebt ednsss shall be In
CURED except for tho purpose Of re-
ion, Or defending the state or the United
States In war, and provision shall be
made BY law for the payment Of the interest
annually, and the principal when due. by tax
levied for the purpose or from other sources,
which law providing for the payment OF such
interest and principal by such tax or otherwise
provided. however, the state OF South Dakota
shall have the power to refund the territorial
debt assumed by the state Of South Dakota"
II 10 thus seen that the legislature may law
fully provide for tho issue OF bonds to cover the
territorial indebtedness assumed by this
state. and may further increase this
ind btedness to the amount OF sl0o,-
600 and here the power OF the Legislature to
create indebtedness ceases, and still there will
bs . dsh0it Of Sl387l9.75, allowing for the
isai. - =
To meet the emergency it is recommended
hYst, to annul all appropriations made by the
territorial legislature and to into the gen.
eral fund all unexpended balances remaining to
each account on the 1st day Of january, ls o.
Then ascertain, as near as may be. the tloatins
tndebts tsdnsss Of the state at the date Of it's ad-
mission into the union, and provide TOR its Ii
quidAtion by the issue of bonds and proceed to
make careful estimate OF the amount that will
accrue from mill levy during the current
year, and also the year ensuing for ordinary ex-
penses, Then It is advised that you take the
list of estimated expenses and provide drst Tor
those actually Indispensable under careful and
economical management, and divide the re-
meintns sum available among the other public
institutions and administrative departments 40
"a 20 best serve tho public interests in no eyeDt
700 psrmissable BY the constitution.
Psnal and Benevolent Institutions.
The reports Of the penitsntiary st Sioux
ineane asyluM at Ysnkton, arc herewith sub-
mitted fo9 your inspection - TO the manage
uane Of these institutions.
r. 30 tAouaht the labor OF the pfieonsrs -
aioux Fails can b made more remunerattve 70
ths steAe ard that decisive steps should bs at
quasrise 9 ~ pg4son 6oors ers believed e g.
1e6 means IN bxineing about this result From
r. ~ pfee1tcal cpsrattoa the exceu.
~ u ekSsG ths6e4 Il : fcgnaee eonytctien
t01 - Gx1l6 - ~ paNt9hlnsue q cfininaas
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