The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-10-01
STATES BALANCE
JUMPS $347,786
r., F. & P.'s slo7,So5 Tax Settle
ment Helps Statement for
Fiscal Year.
TRUE INCREASE s25o,ooo
Surplus Over Last Year Credited
N 4 r
TRUE INCREASE s25o,ooo
Surplus Over Last Year Credited
to Normal Increase and Audi
tor Moore's Efficiency.

The close of the States fiscal year
last night, according to the balance
sheet struck by Auditor Of Public Ac-
counts c. Lee Moore. finds balance
of S4S2.S23.34 in the State Treasury
TO the credit of the Commonwealth
The showing is the best in recent
years, and, judged from the standpoint
Of the book balance alone. exceeds by
q considerable amount the surplus pre-
dicted by the Auditor On October l.
19l2-one year ago-the balance in
the State Treasury was Sl35.037.72
The comparative figures. however, are
not truly Indicative of the relative sur
pluses of the two years. At least two
large items must be deducted from
this years balance for a just compari-
son--S167, ,S05.53 received from the
Richmond, Fredericksburg and Poto-
mac Railroad in the recent adjustment
of the taxation question, and $4,000
which was paid by the sureties OF the
Commonwealth Bank for the States
account in that institution, the latter
being an item which should be deduct
ed from the surplus of to-day because
ii was included in the balance OF Oc-
tober /. 1912.
Increase Over Last Year.
The deduction of the two items noted
leaves a balance Of S2S5.017S1, which
is more nearly admissible for COM
parison with the $4,000 book balance
of October l. 1912. Last nights bal
ance was struck after the payment
OF the literary fund and all salaries
for the month just past-charges that
have usually been made against the
account of the year following.
With only the bare book balance to
guide him in his reckoning, John T
Sale, of the Auditors office, estimated
In OSt nj 1,nf ,At
turns from all sources over the returns
from all sources last year, will approx
innate $250.O0O. Part of this he said
was duo to the natural increase in
licenses and property values. but the
larger part by far, he thought, was
efficiency OF the present Auditor and
the quickened public conscience that
has followed the tax returns agitation
OF the past two years
Got SGS,642.S2 Yesterday.
The last day OF the fiscal year wit
messed Il grand rush on the part or
county and city officers tc send in their
balances. Money flowed In by every
mail. and the Auditors force worked
until 8 o'clock last night 10 close the
books for the year. The largest sin
gle remittance was n check for $4,000.
At the casting UP OF accounts IL was
found that the receipts for the day
turned over TO State Treasurer Har-
man, who transferred II to one OF the
State repositories which had remained
open until o'clock to receive the days
accumulation.
The book balance shown last night
is to be distinguished from the State
balance. which will not be known for
more than two weeks. Several of the
state departments take care of their
own peculiar disbursements. and re-
ceipts and statements from these will
have to be received and tabulated be-
fore tho true State balance is known.
Received S7,4I0.383.
The Auditor received from all sources
in the period between October 1, 1912,
and September 80. 1913. s7,466,363.71.
The disbursements during the same
period totaled $711S.57S.09. The re-,
ceipts and disbursements for the fiscal
year October l, 1911, to September 80,
1912. were. respectively, s7051,641, and
s7,lS3,467.53.
Compared with the book balance OF
SiS2.S23.3i to the credit of tho State
at the beginning of the new fiscal year
to-day, the book balance on October
l. 1912, was Sl34. $500. On October
l. 1911. 1t was $26S.3t4.7s; and on Oc-
tober l. 1910. 1t was S27S.0oo.