The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1915-03-15

the counties. districts and municipali-
ties. and S263. 900 belonging TO blank
appropriations. there would have been
a deficit OF S12.76O13. March LIST.
There have been OF late pretty heavy
drafts made upon the state treasury.
as you know. because OF the expense
incident to the legislative session.
These so-called blank appropriations
that are In the state fund. part OF
which have been used from time TO
time when the states finances were
very low. have always been carried
in the state fund. and were considered
by the Board OF Public Works when
We made the transfer last June When
we borrowed money from the Work
mems Compensation Fund. we figured
with using these blank appropriations
that we could make the transfer at a
certain time and upon other occasions
II has been considered advisable to
use these so called blank appropria-
tons when we could not avoid IL,
with all OF which you are familiar.
You ask. What will be our situation
as far as meeting current obligations.
from April lst?"
Ny judgment is that we will have TO
borrow money upon April LIST to meet
the current expenses OF the state gov
eminent or course, II Is impossible
Tor me 10 state the exact amount
note you say you are under the
impression We viii have no funds
available from the remainder OF the
direct state tax still in the hands OF
the sheriff. which is due June Both
amounting to approximately $500. 900.
l beg TO say In reply. there Is $685.
600 due on balance from the sheriffs.
from the state tar. One fourth OF
this $355,000 Is due In May. and the
balance in August
i note your understanding relative
10 the license tax collected from char
tiers, amounting TO $500 900. that they
are due TO be paid into the state treas
ury during the months Of June and
July. but will apply to the revenue OF
the state for the fiscal year OF 1916.
This money will be collected. as YOU
say in June and July. About $3.50 600
I VIII be collected in June. and the bal.
ance in the early days OF July. The
money collected in June. OF course
VIII be credited to the fiscal year il Is
| collected in. which is 1915. and that
collected in July will apply in 1916.
IT we were TO make comparison
OF this year with last year. for the
same period. running up to the end
: OF the fiscal year. June 3Oth. counting
the receipts the same and the expend-
lures the same. and using the blank
appropriations the same as We did
last year and not paying back the
100000 We borrowed from the work.
mems compensation. We would be
some place in the neighborhood OF
4 dali.
not anticipate the receipts OF the
state government will be as large for
the period as they were last wear.
from the fact that our collections are
closer than they were then. So
state. n we were to paw back tho
100000 that We borrowed from the
Workmen's compensation. together
with whatever Is due on account Of
the blank appropriations. there is
likely 10 be p deficit Of from four TO
I'VE hundred thousand dollars on June
10th.
As have above stated. believe
that 10 VIII BE- necessary 10 borrow
money at the beginning Of next
month 10 meet the demands made
upon the State Treasury. and 90 will
D. necessary TO continue 10 borrow
additional sums from time 20 time up
until the beEinnine Of the next fiscal
year
II . can BE- Of any further service
~ answering any further question.
or making the matter palmer. I shall
Do glad 10 write you further. or take
~ mp personally. because there BE- no
question that b. more vital 10 mo az
this time than the fact that the state
must nave money Co meet its ohliga-
lions. and my sincere desire is that
D. viii not only have sufficient To- do
THE but that i' will have "a surplus
az an times. in order that aII connect.
Cd with fhe state government will Do
easy from the knowledge that We have
The necessary funds to pay au Just
claims against the State at au time.
Very respectfully.
ISigncdl J. s. UAHST.
Auditor