Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-10-12
.&5s.4i2.1S

In making up estimate Of revenue for
the year 1909. II must be born in mind that
many items making UP the grand total
are subject to fluctuations that cannot be
anticipated at this time and that no alb
solutely accurate estimate con be made;
but. basing our figures on experience OF
former years and allowing for the prob
1bla increase OF decreaseiin various items,
we have made an estimate that. in the
end will. we believe. prove approximately
correct. s-N
we estimate revenue Tor year '' -
1873 at. -. .........$ 4,s41, 5ss.Ti
AS against known revenue for
1905 or. ....... .... +SIs,s6O.9S
increase. ...S ol.tSt.to
This increase Of $s1. 1915 is made up Of
anticipated gains in revenue from special
taxes, general ad valorem tax, near-beer
fees and a number Of smaller items: while
we figure there viii be decrease in some
items, the only one Of considerable irnS
portance being revenue from hire of con-
victs. ' . .. -.- s.-
With an estimated increase of s61. TS7. IS
in revenue. the appropriations for the two
years are as follows:
For year 1909. ... -. SIS. 173. S06.Ss
(Above includes 100000 for
Western and Atlantic ter
minals at Chattanooga.
For year 1906. -. ... ........S4. s61. TS9. 90
Increase. -. -. .........s 212O67.22
Comparing increase in appropriations
with increased revenue. we have:
Increase in appropriations. ....S 212 067.22
Increase in revenue. ......... 61,7S7.f5
Excess OF Increased ap- 49,.
preparations. IS 150,32e.4 6
The main items making up increase OF
s212. Os7.22 are common school fund. $3.50
co., and Western and Atlantic terminals.
sse 900. Quite a number of other appro-
priations have been reduced.
You viii see from these figures that:
While the appropriations for
IsOs aggregated. -. 800. "a, 961, 739. IS
The revenue for same year was
only. -. ............. 4,S7s, S60.9S
Excess Of appropriations
or expenses for years d,S7S6s
While for the year 1909: ......-
Appropriations aggregate. e. SIS. lib SO6.Ss
Estimated revenue. go. 4,s4l5 1854
Excess for appropriations
Tor year. ~ 20, 1OS.l4
It will be seen from the above that:
The state spent in excess OF
revenue during year 1865 s1.s7s.63
And In present year is spending
in excess Of estimated reve-
nue.. 23220S.1i
Total for two years...s s140ss.14
Manifestly this policy. II persisted In
for any great number OF years, will lead
TO serious complications.
Keep In mind that the constitutional
limit Jf 3 mills general ad valorem
tax was reached in 1907 and cannot be
raised above that rate.
On January l. 1903 the state owed: e
On account Of unpaid appropri-
atoms for ls07................H.O6 ls4l.6 Sc
To which add:
Bonds past due and not present
ed. 1890. zoe. 60. $4,000
Temporary loans and interest. 155.sso.O3
Total overdue. 80. 81. %. 2s1. 60
Add bonds and interest due
January /. lsOS............... 2f5.57I.j3
Total. Co.,. 90. ...........s 81, 4ss SCs. 70
Cash in hand aggregated. S2O.74O.i7
Excess % demend liabilities
over cash IN hand ...........S 64So69 %
Collections on account Of general taxes
we're BETTER I'm fall Of 1908. and on Janu-
airy l. 1863. The condition was as follows:
Unpaid appropriations, 19os....$ $40. 1855
To which add:
Bonds. past due. not present
ed. zee. ........ $4,000
Temporary loan.... 49,. ........ 100000
Total overdue. Gee. ........ e.. S9s. s9s IS
Add bonds and interest due
January l, 1907. go. 49,. 243.327.5O
Otal.... 49,. ....Sl, l3f.o2o.l Is
Cash IN hand aggregated. ..,.. 6Ss,717.s2
Excess of demand liabilities
over cash in hand. 80. Us 4ss. &c