The Lake County times., 1907-01-10
BIENNIAL MESSAGE
OF THE GOVERNOR

state Of Indiana, Governor Hanly said:
Gentlemen Of the Senate and House
Representatives:
Dfhe constitution imposes upon the
executive a share in your delibera-
tions. It devolves upon him the duty
of giving you information touching
the condition of the state" of recon-
mending for your consideration such
legislation "as he shall Judge" the
welfare of the state demands, and Of
approving or disapproying your every
enactment. To this extent he shares
your responsibility and becomes part
OF the legislative department It is
therefore important that relations OF
confidence and mutual helpfulness ex-
ist between you and him and that he
have your counsel and good will. I'm
pressed with the belief that nothing
short of this will enable either you or
myself to discharge in full measure
our duty to the people whose servants
we are, / tender you my confidence
and good will without reserve or quail
ification, and pledge you the limit of
my power in every matter of public
concern which may engage your ef-
forts.
Finances.-The states finances are
especially satisfactory. The revenues
accruing to the general fund for the
fiscal year ending October 81, 1905,
exclusive of transfer funds, aggregat-
ed $3,615, ,844.3S. During the same
year the expenditures were s3.465,
25091, leaving an excess of receipts
of $3.50. 0.593.47, and treasury balance
of $283, ,99S.S4 In this balance no ad-
vanced payments from county treas
urers Is included On the 31st day of
October, 1904, the balance in the treas
ury was $60,601.93. but to obtain this
balance advanced payments from
county treasures had been called, and
the revenue for 1905 anticipated in
the sum of $154,740. But for these
advanced payments there would have
been no treasury balance, but, instead,
a deficit Of $94 ,138.07. 1t is gratifying
to know that at the close of the fiscal
year this deficit was recouped and
clear balance of $3.50, ,99S.S4 left in the
treasury, and that this was done with
out calling a single advanced payment
or anticipating the revenue of the
next year a single dollar.
For the fiscal year ending October
81, 1906, the revenues of the general
gregated $4,200,164.83 The disburse-
ments were $3,S00,037.91. leaving an
excess of receipts over disbursements
of S400,126.92, and treasury balance
of $507 ,65460, in which there were
no advanced payments whatever and
to obtain which the revenues of the
present year were neither impaired
nor anticipated. The revenues accru-
ing to the general fund last year we're
increased, however, not only from
natural causes due to the increase
in the value Of taxables in the state,
but from the transfer of the three
cent sinking fund levy to the general
levy; also from covering back into
the treasury several substantial sums
which had been heretofore unlawfully
withheld therefrom by delinquent Off
cials. Neither the revenues accruing
to the general fund for the present
fiscal year, nor for the year 1908 nor
1909, will equal those of last year.
Those OF this year, however, have
been already augmented by the pay
ment of S32,356.40 of insurance taxes
by insurance companies which have
been due the state since the expira-
tion of the term of James H. Rice
as auditor of state-more thah twenty
years. A conservative estimate of
the revenues of the general fund for
each of the three years named, is
$3,726.650. Appropriations already
made and available for the present
fiscal year will leave a treasury bal
ance Of $266, ,309.29 at the end of the
year. This sum, therefore, measures
the limit OF additional appropriations
which may be made available for the
present fiscal year without necessitat-
Ing the collection of advance pay
ments from county treasurers and a
consequent impairment of next years
revenues, a result which, in my judg-
ment, should be avoided with scrupu-
lous care. If the income of the gener-
al fund for the fiscal year ending
October 81, 1908, meets the estimate
made and the regular appropriations
for the year are not increased beyond
what now seems to be necessary arg
gregate for the transaction of the
states business. there will be $1,010,-
600 available for specific appropria-
tions for said year.
For the fiscal year ending October
BE 1909. there will be substantially
a like balance available for specific
appropriations. except as it may be
impaired by the expenses of the Sixty
sixth general assembly, now estimated
at $685. 900. It seems, therefore, that
IN round numbers, $4,000, 900 must be
the limit of specific appropriations for
the coming biennial period. if we are
to keep within the revenues of the
state and are 10 avoid sthe impair
ment of the revenues of the next bien-