The Tupelo journal., 1906-02-09
Mississippi State News
STATES FINANCES.


STATES FINANCES.
: + ! s9 sasas. With { s yss ,sss@tsa passed. s .n~ Y, K 1905 1905 d in xa;a y ys
fsansds ico %s ito n On the & ssats, I s ha ~ the hsn nonor a a@ submit ON t' the ' following n.s :
EXHIBIT l.
The assessed value Of all the property Of the State fol the fiscal
The s assessed ssSs, vaus Gs ali the property in the State To- the year 49, = :
19o4-5 as 4oOoOoooo
An in n1s increase ta tAf ps sis s%s IN Ps wealth i9 fr the s six years, therefore, is aityo per
The actual expenditure made by the State during the biennial period !, 900 40
The s same sost ss nl ! a%1 p ss ending October i, 1905, wa" .:.: sss 200 3
ne T msef pTce 1aas of Increase in expenditures for the six year period was ninety
sixyer period foty-one per entm.
Receipt: from all III sources. sources for the the fiscal year ending ending Oct. / 1899, We" : sss ss$ss
'' Ess Of, q i ;s sss ss, il 15;sp't +. i .,s sss i X Y TS.; sa' !, r ,svs astSss s s sse es"san.
I Issss s H Mn Tf E ssn i sh ss' tne Expenditures Ra ssH of the State havem increased twenty
per cent. more than the increase in receipts of the State from all sources since
wealth, We have had Turing the past six years the following items from eStra0r-
Cash o. hand January ], 1900 s4s,,sss7
Sale Of e %% ' snd school o@ lands sTsssaol
Soeeial SL loan 3ooooooo
Sale sale" D. { 60 D. property 4o5aess
i f%s su nDis s sufficient to pay for the State Capitol md ali other public build
*. * ;. s: been taxed one cent for. public improvements made during the past
,.cd The f au tbs E+ T sst o saG%I ras st tns sSSos of expenditures over ordinary
With the szIsndita 1 for the 1 Sen NAL period period ending nami October Oct Sto h. 1907 i, sss
VI s%a% amy {. s%ags sn a the s ts wf9" the so s.osod a; y e cash sh. On have Sssa a J asasat equal !! 1906 TO-
the next two years, this prospective deficit will be wiped out
S tsy ' dir sast s condition. Essns' Of s affairs s5snt viii Rf. ssst' all 'hs demands made pom" It Z"
appropriations made in 1904, asked for by the variOus institutions in nj State, VIZ;
F% the he eiee institutions, State Board Of Health, Beauvoh,
Department Of History, repairs m the Governors MANSION etc.. oS|ooooo
EicksbuTg Park monuments ooooooo
SnIdv small items .. 100000
New hoptaI jackson 100000
Tota1 .s1175137Oo
This 1G" sum sum. if granted. will necessarily have to be covered by bond issues or
tax levies.
The following items, in addition to all that have gone before, must necessarily
be provided for att this time:
Additional interest charges ooooooo
Special loan made by the Governor in 1905 observation-disclosures. aooOooOo
Salary of me additional Judge and District Attorney ........... 100000
Bonds maturing January l. 1907 ooooo
Tota, s7oooooo
Add to this sun the increases an special demands, as shown above, and you
will have $2O45,i37Oo, which mount is in excess of all the revenues that viii
be derived from all ordinary sources during this biennial period, and if granted
must be provided for with bonds OF by taxation.
EXHIBIT s..
Payable Debt.
Report. Per Cent. When Payable. When Due. Outstanding
state bonds 1886. 6 -. January .....Ja /, 1907 ........ 5ooooooo
State bonds 1sss. - ... January .....Jan L. 1919 ........ 100000
State bonds 1896. - -. Ceased. Called in July I, 1901 100000
State bonds 1904 . .3h . January and July. Jan. 1, 1904, Oh orb
oytifcah Of Indebtedness 2449OO
Audnors warrants. outtandnr 15611.40
Total ST. 3s,51o4o
NonPayabe Debts
Interest Alone to Be Pad)
Outstanding.
Cbickosav School rms Fud .$970O4126
University of Mississippi Trust Fund ................ 67s72o47
Acorn A & NJ College Trust Fund 49,. :.............. o629627
Agricultural 5 per cent Bonds Trust Fund ......... 21a15ooo
-$ 2y25491s3o
Grand tohl s3y9342s. 10
In making these calculations have not used dollars and entsn nor fractions
of per centum. G. R. HGHToWER.