Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1898-01-20

Iotal additional annual allowance. 1886, 600
The amount proposed for specific appro-
allowance Of $685. 600 or s193,2OO for the two
years, is also asked, part of it permanent
and part terminating; making it in all ST.
215,319 for the term.
Treasury Resources.
1t will be in order now to consider the
resources of the treasury.
The auditor of state estimates the re-
ceipts of general revenue from sources
other than the state levy at $1,361, 600 and
aggregate receipts &,0 600. The estimated
receipts from the state tax, however. in
cludes 100000, the product during the first
which levy was the maximum that could
be applied at the time the auditors report
was made. The provision of law fixing the
levy having been repealed, the amount to
be received from state taxes during the last
six months of the fiscal term will depend
on the expenditure the present general as
penditures, including interest on warrants
outstanding, are estimated al So, 5O0,24S. and
there were undrawn special appropriations
that might be drawn during the next fiscal
term amounting to $55S,437.61.
time was sn0S27.77 To get the state en-
would require that $3,1iO,O00 be raised from
taxes during the fiscal term, and this
would permit of no special appropriations
by the present general assembly. But as
the estimates are made for period about
nine months of which will have expired
before the general assembly will make it's
financial officers of the state statement
of the gross transactions of the treasury
for the first six months of that period.
Those officers inform me that the receipts
for that period amounted to $946, 3G391 and
the sum of the warrants issued to $685., 152.1S,
and there are yet undrawn of special APP
warrants were Cancelled amounting to sse2,-
GS294, and 5,12.O6 interest paid, making
the total disbursements $S77,S04. The
amount Of outstanding warrants at the
close of the calendar year was $579,S66, and
the cash in the treasury sos ,645.47, making
the net Indebtedness s471, 321.50. While the
net floating Indebtedness was thus larger
by $50, 70 at the end of the calendar year
than at the close of the fiscal term, never
tbeless the condition of the states finances
Is much more favorable than at that time.
On June 80 there remained undrawn Of APP
propriations made for specific purposes an
| aggregate of $SOS, 81, which. added to the
| and contingent liabilities. beyond the
amount in the treasury Of $719265 AT
| the close of the year there remained un-
drawn of these appropriations only Sl41,-
| 1884. which, added to the net debt at that
time, made the actual and contingent liza
bilities $612,c6O44, or s1o6,Go4.s4 less In
| amount than 1t was six months earlier. The
/ expenditures of the present year, allowing
| 900 for the expenses of the session and
| the miscellaneous items of appropriate IS
| usually found In the general bill, may be
I estimated at s1,S20000. To this should be
\ added $125,000 to be drawn, as already pro-
| vided for, for the new hospital at Chero-
! kee, making the sum to be paid out 81 ,946,-
| 900. If the receipts be estimated at s., l5o,
| coo, and that is somewhat larger than the
| auditors estimate. there will be an excess
| of only $685. 900 with which to pay off The
1 net debt at the beginning Of the year, and
| such of the undrawn appropriations as
! may yet be called for. OF the latter. how.
| ever, it is probable that. less than 100000
| will ever be drawn on, the items In many
| cases representing balances Of appropria.
| lions that have done their work long ags
without exhausting the amount allowed