The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-01-04
How the
Fund Was
RepleniShed,


following. I made it clear to the
chairmen of the Finance Committees of
the two houses that the tax levy bill for
the forty-seventh fiscal year must provide
sufficient to pay the debts, deficiencies,
overdrafts and outstanding warrants of
previous administrations and such claims
as might legitimately come against the
fund: that a one-twenty-fOurth clause
should be inserted in the general appro-
priation act to prevent deficiencies in the
future, and that a sufficient surplus must
be provided to leave balance with which
to pay demands between the beginning of
fiscal year and the payment of the first
installment of taxes.
Ny requests were cheerfully followed.
Two millions of appropriations made by
the Legislature were vetoed, and the eX-
penditures from the fund were lessened
by some half million of dollars year by
laws.
Through these matters combined. and
with $427. 533 less in the tax levy bill for
the general fund than in the bin for for the the
two years ending June 30, 1891, the State
has been placed upon firm cash basis.
As the Controller said in his report
of December Is, 1896:
THE general fund is now in a most
healthy condition, and should not be al
lowed to again become exhausted. AS is
shown in the foregoing summary, the bal
ance in the fund on June 80 last was
81 557 .290 TO- and at writing there still re-
mains a heavy balance"
And in his report of December 10, 1898,
During the two fiscal years covered by
this report there has been no deficiency in
this fund. The balance on June 30, 1888
as shown in the foregoing summary was
~ COL ,O93 II. AT this writing December /,
1889 there is a balance of $685. ,53S 06, and
this will be largely increased during the
present month by the incoming first in
stallation Of State taxes
Here, certainly, are changes in the
financial affairs of the State, of great ben
ent to 1t, accomplished under and by this
administration At the same time ex-
penditures from the general fund have
been reduced hundreds of thousands of
dollars annually.
The results of attempting to conduct
this State on overdrafts and transfer
funds is shown in the following table:
TAX LEVY FOR SUPPORT OF THE
GOVERNMENT GENERAL FUND.
SHOWING THE DATE EACH YEAR
WHEN THE GENERAL FUND WAS
EXHILA5AUSTED; AND WHEN PAY
July l, 1883, to June 80, 1S9O-s4. 1922 SO
General fund exhausted, August L. 1889;
resumed Loo payment ~ 1e, January, 1890; over
July /, 1890, to June 30, 1898 1910.
July l, 1891, to June 80. 1S92-$2622 ,674
July l, 1892, to June 80, 1898 81, 756 ,964-
General fund exhausted, October Ia 1890.
resumed payment, December, 1892; over
drawn, $359,75S n; April H. 1893, trans
ferred $500 900 to general fund; June g. 1893.
general fund exhausted
July /, 1898, to June 30, 1S94-S4, 262. 225-
Resumed payment, December, 1883: ovSr-
drawn $1.6ll 754 So; April 10, 1894, general
fund exhausted.
July l. 1894. to June 30. 1895, s3,312 e2o-
Resumed payment May, 1894. Overdrawn.
$4502S S. On September l, 1891 trans
ferred from other funds to general fund
$4,000, and again on November G. 1894, an
additional $150,000 in order to carry the
general fund on a paying basis until the
December settlements of that year. But
for this action the fund would have been
exhausted on September z and before
payments could have been resumed the
general fund would have been overdrawn
to the extent of about 1885 000
July l, 1895, to June 30, 1896, $4,913, JOS