The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1917-12-26
VIRGINIA
has FAT BALANCE
N IFS TREASURY
Takes Titles More Than
Four Million a Year To
Run State.
IsTRONG FOR SCHOOLS
'Forty-Two Per Cent. OF Tx
penditures Gees For
Education
STRONG FOR SCHOOLS

IN6 Ilbcdk year enGi4S June ~, last,
aisa emphasized in the third annual re-
,lport of the audit OF the states ii.
fnances, which has been completed by
Walter s.. Hallanan state tax com.
missioner and ex.officio chief inspec-
I tor Of public offices. The report
shows an actual balance in the state
Streasury Of ss15,27S.1S, and predicts
hat the end of the present fiscal
year on June 80, 1918, will find a
surplus Of not less than quarter OF
p million dollars in the treasury.
The outstanding features of Com.
missioner Hallanan's report are as
follows:
The total expenditures OF the state
Tor the year ending June 80, 1917, az.
gregated $4,034, S35.06.
For educational purposes the state
expended $t,724,290.15 or 42.74 per
cent Of all expenditures.
Per capita expenditures based on
The population OF West Virginia for
January, 1917, are shown to be $2.SS.
The total amount disbursed by the
Estate, according to the report for all
purposes except investment of the
scfol fund, disbursements from the
workmen's compensation fund. and
disburseent OF taxes collect ed for
counties, districts and municipalities
during the year, ending June 30, 1917,
was $2,857 059. 81 from general re.
venue and s1,177,775.7 6 from special
Tevenue, making the total expendi.
ture $4,634,s25. O6.
OF this amount the state expended
81, 724,29O15 for educational pur.
poses, or 42.74 per cent. OF all expend.
itdfes.
The next highest expenditure was
y632, 860.0S for the maintenance of
the state hospitals, or 1859 per cent
of the total amount expended.
Based on the Federal census Of
January 1, 1917, giving West Virginia
population of 399,320; a per capita
Expenditure Of $2.SS is shown. The
fr capita for the preceding year
Adng June 30. 1915. was $2.75. The
feport shows that there is but very
Sittle difference in the per capita ex.
AenGiture for general purposes for
be past three years, II expenditures
pt common to all years be eliminat.
The expenditures for 1917 con-
lin a per capita OF nine cents for the
tpense OF the legislature, whereas
like exrense was not incurred for
he year 1916.
Tha abnormal increase in the cost
e living Is reflected in the report
Mich shows that the state expended
n the past fiscal year 1,666.75 foc
pur us compared with S30,02S.61 for
lie preceeding year; fer beef and
prk. Ssa ,GtS.71 as compared with
4.G.9.3s for the preceding year; for
tgar S2a.hG9 &! as compared with
39Sf.2S for 1!'1G n'he states cx.
brditures for Postage was $40 $50.
as compared will, s24.2OS.53 for
he preceding year. This item con.
dsts OF S6ci.764. 3S dishursed direct
y tho state for edaca ional salaries
I'D s6s,.643 .4s for state MD to local
chnn.s. The total state aid to local
,hoois IL s.aSi:: A. OF this amount
l5t'nn bring aid TO building funds
nd tho balance. SG:S,653.46 being
Sod to pay salaries Ct local teachers.
a detailed Statement showing ex.
enditures by the state during the
9st ten years for various building
I'D land, repairs. and improvements
the various institutions. shows an
kpenditure of $2,105, 901.S9.
The fiscal year Of 1015.1916 was
~ banner year for improvements cf
as kind, the total amount expended
Vat year being $3.50, ESQ. SO. The
able shows that the state expended
or buildings, land and improvements
or the last three years So 324.42S.GS
s. compared with sss1.473. 81 for the
receding seven years. The expend.
ure for permanent improvements
IL the last three years amounted to
per cent. Of the total expenditure
hiring the last ten years.
The cash balance in the state treas.
~ on July l. 1917, is shown by the
sbort to have been S211S,576. IS. OF
ais amount $1S,722. SO was not avail.
BILE for checking purposes by reason
the factSthat It was represented by
eposts made IN banks, which have
Aen in the hands of the receivers.
Ehe state Is shown to hold bonds
"a other securities to the extent OF
S,s70.4oo divided as follows: the
lhool fund 1886, 400. and the
6rkmen's compensation fund, ST.
$4,000.
The estimated condition OF the
ate fund-genera1 revenue-at the
ad Of the present fiscal year, ending
inc 80. 1917. is balance Of S241,.
sa.07. The total estimated receipts
n the fiscal year including the bal.
nee at the beginning Of the year. are
a4,27S.18. while the grand total Of
Z, imated expenditures for the year.
eluding the transfer to the general
siool fund Is $500 800. IL.
The above estimate is on the basis
at the entire amount appropriated
~ the year ending June 30. 1918, will
expended. including all appropria.
ms carried over from the former
a, except $4,000 OF the appropri.
ion for building and land at Mar
al college.
ID Connection with the laying OF o
rect levy for next year, 1t is esti.
aind that $685.. 800. 90 will be requir-
Arcln that source OF revenue. A 2
cent Or an 5 cent levy will provide
ifficient revenue so that the state