The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-01-13
CONDITION OF
STA TE'S FUNDS
State Treasurer Coffin Rocco
mends Plans for State
Funds Deposit

Office for the period beginning January
l., 1903, and ending September 80. 1904
The report contains concise state
ment of the Receipts and disbursements
of the Office during the period named
and the condition of the several funds
OF the state.
In the preface to his report the treas
urer makes several recommendations
as follows:
Owing to the provisions of House
| Bill No 1903 passed by the seventh ses-
sion of the Idaho state Legislature
making it compulsory that the reports
of the different departments be printed
and delivered on or before the first day
/ of December. of the last year of the
| biennial period, l was compelled to
close my books on the 30th day of Sep
TENDER. 1904. IN order to comply with
! the requirements of this law There
fore my report shows only the tran
| sactions beginning January l, 1908, and
ending September 80, 1904
The seventh session passed bill
! creating a state board of deposits, con-
SlStHlS VI Tic 6ONcIIoI, dtlOTIcy gen.
eral and state auditor. which board
made demands upon the deposit money
in accordance with the requirements of
said bill. which l refused to do upon
the grounds that the law was uncon-
| stitutional. The b1lrd of deposits then
applied to the supreme court for a writ
| Of mandamus to compel me to comply
with their order. The case was argued
before the supreme court of the state
| at their meeting in Lewiston. Idaho, on
| October 26. 1903, and was declared I'M
| stitutional. The board of deposits then
II would recommend the passage of a
law authorizing the state treasurer
under proper restriction, to deposit
with banks within the state an open
account and the state to receive inter-
est on daily balances.
| II recommend also that section II of
article of our state constitution be
| so amended as to include within the
securities therein mentioned the fol-
lowing.
County and municipal warrants
drawn on the general fund, and county
and municipal bonds of the various
counties and towns within the state of
Idaho.
| There has been carried for several
years an imperative balance of $62.S1
in the insane asylum improvement fund
and as the purposes for which the fund
was created have been accomplished,
recommend that the same be tram
sferred to the general fund.
The books of the state auditors Of
flee show that there is due the state
from certain counties. which should be
paid into the state treasury, several
thousand dollars, On July % 1904,
made a demand on the various treas
urers for settlement. and I regret to
say that very little attention has been
paid to same. Whereupon. on August
is, 1904. l referred the matter to the
attorney general for such legal pro-
ceedings as to him might be found nee
essary to bring about a settlement
In transmitting to you this, my re-
port of the business transactions of
this department think it but just and
proper that should acknowledge my
appreciation of and obligation to my
deputy. Mr.. Fred NJ. Coleman. for his
very efficient work in the line of his
respective duties.
The report shows the receipts during
the same period to have been $2156,-
2S9.59, and the disbursements to have
been $2,6SS,s13.07. Following this
statement is an itemized list of the re-
ceipts and disbursements of the Office
for the period which the report covers.
The report also contains an itemized
report of the condition Of the several
funds of the state.
! A recapitulation of the condition of
the various funds of the state for the
period named showing receipts and dis
bursements il as follows. Balance on
! hand January /. 1903, $717, 1854; re-
! eeipts, s3,s67,517.36; disbursements, s3.-
S67.5l7.36; balance on hand September
| 80, 1904. $205,231s6.
Statement F of the report shows the
bonded indebtedness of the state, as
follows:
Name OF Bond. Amount
'"eoh 'oiu oohus' 1907. p o,Oou
Wagon road bonds, 1898 $1,000
Wagon road bonds, 1898 $4,000
Wagon road bonds. 1893. $4,000
Insane asylum imp. .......... $4,000
Idaho Normal school. ........ $4,000
Idaho imp. series 1899 ~ 1000
Idaho imp. series 1899. .. 1000
Idaho imp. series 1899. ~ 1000
Idaho Lew Nor. school 7500
Ref,,p1inu cor;a, 1ant CO mn