The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-02-27
And the Purposes t. Whict
It Is Applied.
STATEMENT Of AUDITOR
IN LETTER TRANSMITTING HIS
REPORT TO GOVERNOR.
RECOMMENDS BOARD OF FQUAl'ZATlOf
As a Remedy for the Unequal Valuation Q
Property in the Several Counties.
Total Number of Polls and
Value Of Properly.

Value Of Property.
State Auditor Aver has prepared witt
the exception Of a few tables the lettel
transmitting his report for the year 1879,
to the Governor. The letter is III par
as follows:
To His ENcelltncy, Daniel J. Russell
Governor Of North Carolina.
Sir:-In compliance with Il requlro
ment Of law, | have the honor TO her
with hand you the annual report Of tn
department with reference 10 the tinah
cial operations and conditions Of IT,,
State for the fiscal year ending Noyen
Der 30th, 1899
The balance of the Genera Fund II
the hands Of the State Treasurer is $50,
O49.51, and the balance 0. the Educ
tional Fund is S13, 153. SO; the total baI
ance being S~11O,203.G1. This balance
while appearing from the AUDITORS leo
ger. does not show the amount Of actua
cash in the hands of the State Treas.
urer at the close OF the fiscal year. /
represents the difference between the a.
gregate amount paid into the Publ.
Treasury from various sources, and til
aggregate amount Of warrants issue
SSlt II l. ub4At tio ~ iALS ~
partnlent for the year. Such warrant
as may have been issued ana not pais
by the State Treasurer during the yea
are ~chargeahle to the Treasurer as $
much cash az may be represented b,
them. The aggregate a1ln,.ut Of suci
outstanding warrants is 81 ,99f.i1, an
may be referred to as follows:
Warrants issued prior to the close o
the fiscal year ending November Goth
1899, 500.
Warrants issued ia December. 1897
for claims. i'll bills OF cost against til.
State, III the Pamlico and Carteret Couu
ty Oyster eases, Nos. II ,tIS and 11,S1>
amounting to $5,G11.15.
Warrants issued on account Of expen
SEES incurred in modifying United State,
volunteers for Spanish-American wal
$G,94O.33.
Warrants to be cancelled in favor O
issue of new warrants under head o
State Guard, special" on account o
Spanish-American war. SIC, 10000.
Sundry General warrants issued il
1888 and in transit ) ,131.23
The aggregate amount of outstanding
warrants added to the balance as show
by the Auditors LEDGE shows the &C
tual cash balance in the hands OF tn.
oldlt IItuSuItI " DE- C1ft,~DU.DD
TAXABLE SUBJECTS AND
VALUES.
The taxable value of real and persona
property shown III this r.port is baset
on the returns made by the various cou1
ties for the Year 1898. The taxable
value Of railroad, telegraph and steam
boat property is based on the existent as
sessment Of such property for the year
1899.
The aggregate value Of all property re
turned for taxation tor the year 1893 i,
secs, :3O2, 33SS.42. The aggregate value
of al property returned for the yea
1897 was S265.S67. 49,. 80. This report
therefore shows an increase in taxable
values Of s. ,435. 14O.49 over the value
shown. by the report Of 1883.
The sources of this increase art. q
follows:
Real and personal proper
ty, increase 50. 7O6, O4O.Of
Railroad property, Increase. S24. 101. IS
Steamboat and canal prop
eFlV 2.DIS Is
Total increase .........S s. 52 go sc
Telegraph property. de-
CREASE II $50. L
Net increase So 40 90 i!
y condensed comparison of the reDortS
for 1898 and 1899 may be stated as fol
lows:
1899. Value Of real aud
personal property ......S 234. 95:3>. 369
lS9S. Value Of real and per
sonal property .32a. 0G
Increase over 1888 ~ 7Oe 01a On
1899. Value roilvoad steam
hoat and canal Dro,nrtv 500 $50 go e
1893. Value railroad stream.
boat and canal prorerty 20 n7e 90
Incrmao oyor 1905 -.
'rofaI ;ncrea. ,oou ,,a.,