The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-12-29
AUDITORS REPORT
SHOWS PROSPERITY
Healthy Development in Every
Official Branch of the
State Indicated.
ALL LOANS DUE REPAID
Interesting Figures Presented by
Jesse D. Jewkes Regard
ing States Finances.

Notwithstanding heavily increased
demands made upon the state during
the two fiscal years that have Just
closed, fhe biennial report OF state
Auditor Jesse d. Jewkes. which was
submitted TO Governor william Spry
Yesterday afternoon. shows substan-
tial prosperity and DEVELOPMENT in
Utah
In the report the state auditor saws:
ne amounts which the state board
OF loan commissioners have bcen
Obliged TO borrow during the past and
which matured November 30. 1910. have
been met.
The total balance in the state treas
ury. November 80. 1910. FOR all pur-
poses over and above the amount re-
CURED in an outstanding warrants. is
$50 5z.-l greater than the similar to-
tai balance OF November 80. 1908.
Total receipts for the two fiscal
wears were S6.012. 1856. developed dur
ing the years Of 1909 and 1910 at 81
g36.116.61 and s3135.4Oq.76. respective
ly. These receipts represent an in
crease Of S1.2t5,53445 or twenty-five
per cent greater than the receipts as
represented i'm the biennial report Of
1908. Tho sum OF S2.?1f.791.22 Of the re-
ceipts OF 19O9-10 were placed to tho
credit OF the general fund.
The total amount OF disbursements
riod IS given as s5.6S5.33415. showing
an increase OF ten per cent over the
previous biennial report. or an increase
Of S515. 30O.46. The disbursements made
Tor the general fund were $685.. 912.53.
Estimated Revenues
Estimate Of revenue to be derived
from an sources for the general fund
OF l9ll -l2 IS placed AZ S2.646. 1912.
while the estimate to be expended dur
iuE the same period is placed at 81
sSS.i4l.25. No allowance is made for
highways and state bridges. excepting
the f54.0Oe required by the state road
commission.
The report also advises that the state
has a bonded Indebtedness Of 5000. goo
in bond issues which mature in twenty
years. as follows.
series e-se5O.OoO. at per cent, July
series 100000. at per cent. July
series $4,000. at 80 per cent. Sep
series 100000. at 81 per cent July
I, 1900.
state board OF land commissioner 20
invest the amount set aside for the re-
dcmption OF he bonds maturing I'm 1912.
the board invested s149.25O I'm the va
The interest received and placed TO the
credit OF the general fund during the
two years ending November 80. 1910. de-
rived from the funds thus invested.
amounted TO Sl2.975.
balance Due.
Tay sale redemption accounts eN-
hibit total balance due the state from
all counties OF t69.037.52. or this
amount s29.214.12 dates back from 1906
20 1896.
In reference to the chapter requiring
the state auditor 20 record all brands.
it IS announced that 1O.960 brands and
5.9fS marks were recorded during the
two years.
Conpsr ison OF the assessed valuation
OF the state FOR the year 1908 with
1910 shows an Increase Of s2O.21t65O.
or twelve per cent. the total valuation
being S1Ss.354.5O5.
In the interest % passing a bill for
the organization OF a standard system
Of accounting. Mr.. Jewkcs advocates
the organization - county accountants
or clerks in auditing departments and
that annual meetings he held for dis
Cussion as 20 what should be regard
ed as Standard zation OF accounting
throughout the state. in public offices.
he advises that $500 per annum. paid
out Of the state treasury, would be suf-
ficient for making all arrangements
for the annual meetings OF the organ
ization and that the movement would
develop into the saving Of untold eN-
ueugc.