The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1899-01-06

s41s ,o1l.a2). Deducting from that
the cash on hand in the treasury,
twenty-one thousand. two hundred and
thirty-nine dollars and thirty EIGHT
cents ($21.239. 38), left a net indebted
ness of three hundred and ninety-six
thousand, eve hundred and seventy
two dollars and forty-four cents $685.
772.44) to be met by the uncollected
taxes for 1898, and by adding together
the outstanding warrants on December
the first, 1898. and the total d~eficien-
cies, we have three hundred and seven
ty-nine thousand, nine hundred and
nineteen dollars aud sixty-four cents
($379, 919. 64); from which subtract
the cash on hand, two dollars and
seventy cents ($2. 10Y, and we have the
net indebtedness of the state, amount
ing to three hundred and seventy-nine
thousand, nine hundred and sixteen
dollars and ninety-four cents (S379,-
GIG. 94), which is to be paid and dis
charged by the uncollected taxes Of
1898.
Admitting that the taxes for 1898
would not exceed those of 1896, we
have, Notwithstanding, gained sixteen
thousand, eight hundred and fifty-ive
dollars and fifty cents ($16, 855. SOY on
the Indebtedness Of the state. besides
maintaining several institutions during
the past two years which were not in
existence prior to 1897. But. as a
matter of fact the taxes collected for
1898 will largely exceed the tax collec-
ton for 1896 by reason Of the fact that
our assessment has been largely in
creased during the two years and the
delinquent taxes are much less, SO that,
on the whole, there has been a very
perceptible gain in the financial condi-
tion of the commonwealth during the
past two years.
/ submit herewith an abstract Of the
condition of the general fund during
the past two years:
General Fund, 1893.
Dec. 1, 1896, cash in the
hands Of the treasurer. s. 81, 239 SO
Transferred from school and
other funds .......,... 1905 10
Cash received during the
year 1897 500, 644 SO
$537. $50 10
Paid out OH warrants dur
ing the year. ....... $500, 918 Sc
Paid Oh interest during the
yOoI. . . E. 1.C,O4U Ii
Transferred to the Univer-
sity income fund. ..... 1,7OO 90
$537, 95S 10
Balance cash in the hands
Of the treasurer Dec. /,
1897. .... .... p 46
War rant Account, 1897.
Warrants outstanding Dec.
1, 1896 ....... 1886, 974 81
Warrants drawn during the
year 1897 49,. 525, $50 OF
$892,494 81
Warrants paid during the
year. 5000 60
Warrants outstanding Dec.
l, 1897..... ........ 1871 ,576 OF
General Fund, 1898.
Dec. 1. 1897, cash in the
hands of the treasurer. e 46
Received during the year. 5O3,471 OF
Transferred from the Law
Library fund. ........ 1906 81
Transferred from the Uni
v~ersity Library fund. &c. 1857 So
Transferred from the State
Examiners fund. $500 90
Transferred from the School
funds 5. -. ....... $3.50 ~
Transferred from the Sold
iers' Home fund ....... 2,912 OF
$500 97 46
Paid during the year on war
rants. .$5O5, 756 21
Paid during the year on in
terest. IA, 738 55
s52O,49 rs
Dec. 1, 1898. balance cash
in the hands of the treas
ureF . -...... = ~
Warrant Account, lS9
Warrants outstanding Dec.
i, 1881 ....... 1871, 576 o.
Warrants issued during the
year 1885,. ......... 474, 658 40
$846, 234 AZ
Warrants paid during the
year. $5O5, 756 81
Warrants cancelled during
the year 2.S29 90
sos, $50 81
Warrants outstanding Dec.
l, 1898 ...... ...... 1897, 649 81
This assembly, however, must not be
lulled into Indifference or carelessress
on account Of the showing thus made,
for each year adds additional burdens
to the state which must be met. The
cost Of maintaining our numerous
schools, all of which have been fully