The commonwealth. (Greenwood, Miss.) 1896-1923, 1906-02-09
Mississippi State News
STATES FINANCES.

70 THE SENATE OF MISSISSIPPI:
n, In compliance mp CIV, with your resolution passed January Z 1905 in which You q.
f fnpneiaf condition one tie P of t 4 ,G s4aie' I I h1 %' t re% nono, G 9o submit Sm that ae DAY fSnS snSen"s' the
EXHIBIT l.
The assessed value Of all the property Of the State for the fiscal
The assessed value Of all the property in The State for the year -
N 'n The iHer%. sf per- s cent, IN Pa wealth i'G i~r ; the six v:ii;r therefore, i s5y, Ssa'I per-
The actual expenditure made by the State during the biennial period
The SAN for the biennial NAL ps%od ending October l. i, 1905, vas,..... 557sooooe
The percentage of increase in expenditures . for the six year period vas ninety;
Therefore, the increase Of expenditures exceeds the increase in wealth in the
s1ye"r period f"rty0n' per eentqm.
HssiP'; fro" from all sources. for the fiscal fiscal year ENDING Get J. !, i 1892 {. were: s s4ssSSSSS
H 1assss s, i ne sspsn % '1Ssp' a. 81 sno o%S by By I EXHIBIT StG J. r ss's n&tyt two per per- Ps'e es%tan.
Hsase ft WI" WI I'S Zee !%n =; ;ns si'f %s esrsnd fs ss' on the State have increased twenty
october is@'i % fso. than the increase in receipts Of the State fro" a" sources since
In addition to the increased revenues derived from the increase in the States
wealth, we have had during the past six years the following items from extraor-
Cash on hand January l. 1900 S@55s57
Sale OF Of college and School "GT lands S7S,s9ooi
spse1I loan \ nm, 'ooooSSS
Snndy amounts 5So494 S44,42SS7
2 G%. . t%r !. sufficient; to pay 70; H.: Stat. Capitol and 4, other ;ssSsi s"iso
ing erected LILY by The State during he past sn1u * Years No man in il n Hss% there
six years.
The Auditors report shows that the excess of expenditures over ordinary
receipts Wnh ht e. nne [ nanh h%nl pe mr iva TaS H epnGSo0 OOod onann oaamr ,oo- ,o
SANE as they were We" at the lose Of Of the the last bre"1ial , period, !" October b ~ !, 1907
f as1 amount naS .t fat"df" aro On 'T BUT Sy ~%H ss sos ss"soo of SS CASH as'a on "n nsai a january aa"o9 o !, 1906 &C.
the next two years, this prospective deficit will be wiped out.
Should the Legislature, however pursue the same liberal policy that it has
for the past six years, and grant practically all the demands made upon it, a
very different condition of affairs will exist.
We have at this time the following items of increase over and above the
appropriations made in 1904, asked for by the various institutions in the State viz:
FOR the schools and colleges 4UHl5(UO
For the eleemosynay institutions, State Board of Health, HauEUi,
Department OF History, repairs on the Governors mansion, etc. 4j&0G000
NcEsbuTg Iak monuments WAWOOU
Experiment stations approximately ACKNOWLEDGEMENTS. 100000
Nundry small items WOOo00o
New hospital Jackson lOlOOOOO
Total ...,...:. :.:. s4,r751s7oo
This sum, if granted, vii! necessarily have to be covered by bond issues or
tax lves.
Thn fouovrg ;ms in addition tn MI That have nnc before ust npccqmriy|
be provided for at this time:
additional interest charges 6OOOnO0
Special loan made by the Governor in 1905 Observation-Disclosures. 30oO00O0
BONDS maturing january !, 1907 '500O00O0
& Total S70O0OO0
Add to thissu sum the increases and special demands as shown above, and you
vii. have S2045437O0, which amount is in excess of all the reycnucs that will
be derived from all ordinary omus during this b enniaI pcHol, and if granted
must be provided for with bonds or by taxation.