The record. [volume] (St. Maries, Idaho) 1913-1918, 1915-01-08

Ing Jne examination or the books
and accounts of this state made
by w. H. Gleason, manager Of the
Anderson De Lany Co., of Chi
cago, expert accountants, was
fled Saturday night with Govern
or Haines. In this report Mr..
Gleason does not attempt to go
into the Allen or Coleman short
ages in the treasury department
where over $4,000 was stolen
from the vaults, but confines his
figures to the financial condition
of bond issues, balances, etc.
He makes it plain that if there are
any dishonest state officials in the
capitol who have participated in
either the treasury of other steals
they will not be shielded in his re-
port to Governor Alexander which
will be made during the present
month.
Listing the assets and liabil-
ities of the state in exhibit A Of
his report, Expert Gleason shows
the total to >be SIf,i6i, ,9O5.77.
The report covers the financial
position of the state at the close
of business Dec. 81, 1914. The
total assets is made up of S4,-
lt3,632.47 for real estate, build
ings and equipment, Si,O27,-
06i.44 cash on hand including
the checks given by o. V. Allen
and Fred Coleman to apply on
their shortage; accounts receiv-
able, 1000 tax levy of 1914
Ordinary corporate purposes
trust fund securities, bonds S2,-
257,917.72; loans $1,000, 1888;
general fund warrants, S62,-
sO5.34; taxes due from counties
f,32O.47.
The liabilities of the state are
listed in the report as follows
funded debt, public institutions
S2,O7O,75O; road and bridges
S3i9,50O; warrants outstanding
general fund S98,i62.67; trus
and special funds Si8,454.O5; un-
vouchered liabilities general funC
estimated si5, 900; bond interes
due, unpaid $4,000; accrued in.
terest in loans, estimated $500
surplus, general fund available
S786, 6,43i.73; excess of fixed as
sets over funded debt, not avail
able S2,342,822.47; reserve fo1
trust and special funds S5,5O2,.
224.s5.
At the close of business, Dec
S3i, there was a total unappor
TONED fund of Si6,922.O4 in tn
state treasury. Under accounts
receivable covering the tax lev.
for 1914, Mr.. Gleason says in hi
report:
THE tax levy of a current yea
is not collectable until the fol
lowing year, therefore, the Ia
levy of 1914 is an asset of tn
year 1914 and applicable to tn
payment of vouchered and un
vouchered liabilities of that yea
1.-THE tax levy of the year i9i
for general fund purpose wa
S9OO,0OO.OO. Cash in the gen
eral fund 94.4O. Less unpai
warrants general fund S98, 1926
Less accrued interest on loan:
: $4,000. Less UnvOuchered liza
bilities, general fund, Si5,OOO.Ot
Excess of general fund asset
5 over general fund liabilities S78e
t l3i. .73.
. "There are other assets in th
5 nature of cash in the hands {
departments as we'll as account
- receivable that we have not il
y cluded in the accounts for I'll
i reason that we have not complef
ed our departmental audit, bl
will include in our final repor
a both as to the collectible and III
collectible accounts.
t I'VE desire to say in come,
- tion with this matter that, III
der the proposed revision of Il
system of accounting, that II
d collection of the states revenu0
s will be taken out of the hands
departments and all monies W