Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1911-11-09
~TREASURER'S SHEETS
SHOW LAuDAbLE GAIN
IN STATES BALANCES
South Dakota Out of Debt
Save Liability for New
State Capitol.

Pierre, S. D.. Nov. 2.-The annual re-
port Of the state treasurer of South
Dakota. filed today with the governor.
shows a larger volume of business
transacted during the fiscal year just
closed than ever before. The receipts
in all funds during the past fiscal year
were $3.50, 2i3.2y, the disbursements
s4.00l 626.15 and the balances in all
funds were $t21, l56.22, Il slight decrease
from The year before, but there is a
corresponding decrease of the state
debt. which shows a great reduction
during the year. and if it We're not for
the liabilities incurred by the building
of the now state house, the state would
be very nearly free from debt. AS it
is tire debt consists of $500, 900 OF reve-
nte warrants issued in April this year
and due April next. drawing interest at
the rate OF Az per cent, and the sum
of $69;393.o9. the balance u the Irvine
plant fund of the state for funds ad-
vanced under the provision of chapter
251 of tbs session laws of 1909. De-
Quoting the amount of cash on hand
in the general fund. the net debt re-
mains $37O,153.03. The net debt OF the
capitol building fund is 1915. 92S.65 con-
sisting OF S31o5sT.0S Il the general
FUND Of the state and SCI .33l.57 capitol
building warrants outstanding drawing
6 Eel cent interest.
The balances i'll the school fund are
ss iio >. lllttTcSI ana lIltOIle CCIl-
mon school. $5t.252.S2: permanent com
mon school. Sl0.265.0a. The receipts
for the year in .hc interest and income
fund of the common schools We're $685.
6S5.05, and in the permanent fund of
the common schools. S521.503.77. The
balance III the state Insurance fund at
the close OF the year was $1.924.41: the
receipts for tar Year s34.673.46. OF which
there vas transferred to the state gen
eral fund the suin of $4,000. The re-
ceipts from the tax of telegraph COM
Danies wer" 2S,SSl.94. of which the
state received net sl.2sG.!5. Telephone
tax receipts Wcrn 12S.l51.6J: sleeping
car tax, $1.4no. and express companies
tax, $1,Sa4.29. i3ae receipts in the game
fund for the year w.re s15.GT5.66, and
the balance on hand 1T the close of the
year s18.SSS.23.
The balance in the general fund of
the state at the CLOSE OF business on
June 80 was sl3%D.23O.S6. and the re-
ceipts for the year sl.7323a3.29 exclu-
slve OF transfers made to this fund.
which amount To $3S0.121.43 for the
year. making tie total receipts $2,112,-
464.12. The disbursements for the year.
warrants pad AID interest on same
amounted TO s1.7aoI07.75. The differ
ent sources of income of the general
fund and TIE amounts derived from
each source were AK follows. State
tax. S1,045,9aa.3s: fees secretary Of
state, S32.O42.OJ: fees clerk supreme
court. $3,927.AD; fees oil inspector, So
665.16; sale OF revenue warrants. $780,
BOO; inheritance tax $s,2i2.53: interest
for year. s13,si7.tf: from TAYLOR in
demnity lands, $1.372.12; soldiers home
aid from national government, $40. $50:
insurance companies tax. s9a,075.S7:
teachers examination fees. s3,50S:
transfer from deficiency fund. sos, 731:
transfer from state insane fund, s1lS,-
1859.
The laws OF the session of 1911 Gre
ated a number of new funds, all of
which went into effect on the LIST day
of July.