Milford chronicle., 1921-11-04
STATES FINANCES
IN GOOD CONDITION
Auditor Thompson Submits Fig
ures to Governor Denney
Based on Office Reports.

statement of the finances OF the stare
up to August 1 last. The figures DO
not represent an actual audit, but are
compiled from reports made by var
ious officers throughout the STATE
These accounts will be audited in
turn by Auditor Thompson. Acting
under an act of the last session OF the
General Assembly, Governor Denney
and Auditor Thompson engaged w. B.
Richards and Company, expert ac-
countants, New York, to examine the
States finances and provide 1or
system of keeping accounts.
According to the statement just is
sued it is found that the state hau
surplus on August of $4,O99, ,S92.O5'
of which more than $2,OOO,OOO IS IN
cash. The statement follows;
Cash in the State Treasury ncluu-
ine state Highway Department, Board
of Agricultural, Secretary OF State;
Adiutant-General; State Hospital Iu-
berculosis Commission; and IN banks
for bond coupons: $2,51S,4S4O9.
Amounts due State-$49S,912.72' in
Guiding income taxes; franchise taxes
bank taxes and license receivable IN
1921; insurance licenses, fertilizer
tonnage tax, 1920 receivable; Que
from N, C, county for road construc-
tion: due from Philadelphia TRACTOR
Co., etc. -,..,..,,.
Investment securities - Including
general school and R. R. deposits, ST.
338,9O7. Grand total, S4,05O'z O'z0S.o1'
n
of August II 1921-$256,S 6,S61.fo' lncluu-
ing salaries and wages; due SUSSEX
county, for road construction; Donu
coupons, payable, etc. Reserve Lot
railroad and railway deposits, SoOU'
Surplus, $4,099, ,S92.O5.
Statement showing expenditures au-
thorized but not incurred and tne
means of financing for last five months
of fiscal year, 1921, for school pur-
noses to July 1, 1922, classified ac-
cording to financing restrlctlons')
Total for all funds as of August l.
1921: Uncumbered Balance OF appro-
priation, $3,415,354.6S; untitled Pur-
chase orders and contracts, $1,0Ol'-
945.3O: reserve for recoverable eX-
nenditures S514,955.56; Reserve LOT
Sinking fund installment, $9S,224.56;
Reserve for interest on bonds, $780,
4O2.5O; Cash due to other funds, $S44'-
e58.72. Total authorized expenditures
s6,O29 ,821.79. ,,
Means of Financing-Net cash
available, S2,262,O72.29; net account
dine the State, $498, ,912.72; Bonds au-
thorized, $1,329, 100000; Cash from al
other funds, $S44 4,93872; Estimated
49, ''--o-,,,o s+iIl rennired. S3,015,597.41.
Total, $7,450,5 ,521.14.
General fund available for turtheI
appropriation, $1,42O,699.35; Required
authorized expenditures, $6,O29,S2l.l9'
Miscellaneous, special eXpendaple
funds August 1, 1921-Miscellaneous
fund. unencumbered balances, appro-
nriation. S46.971.44; Industrial Acct
dent Board FUND, $14,967.2S; Ganle
and Fish Commission, $44l:So; h3IaIy
books purchasing fund, S94l.9I; oIate
Hospital emergency fund, S13'554'o'
Ferris Industrial School Tor BOYS
fund. $9,969.75; reporting Venereal
diseases, $92O.14; Smith-Hughes Agrl-
culture Fund, $971.02; Smith-Hugnes
Trading and Industrial Fund, $I91'oI
Smith-Hughes Teacher Training Funo
S2.947.4O; DUPONT Private Funo IOr
Board of Agriculture, $l,5OS.SI.
Statement of bonded Indebtedness
and sinking fund, outstanding Donds'
S3.551, 1856. Sinking fund reserve, $4SS'-
1865. New bonded Indebtedness, $5'-
O95, 5,998.S6.
Statement of property owned by the
State-Adiutant General, fixed proper
tv. S167, ,245.OO; equipment, $1l,762'5z;
material and supplies, $1,S6l.4Oi To-
tai. S18O,S58.92. Department OF Agrl-
culture, S12,O99.16; Public Archives
(eOuipment) $3,416.OO; Attorney-Gen-
eral (euuipment) $2,239.00; Auditor OF
Accounts, (equipment) $94775; State
Banking Commissioner, $1,12O.25; Del
aware Commission for Blind, (equlp-
ment and supplies) $5,877.S2; state |
Board of Charities, $494.75; Child We'll |
fare Commission, $746.S6; Institution
of Feeble-Minded, $76,34O.27; Ferris
Industrial School, (property and
euuipment) $9OO,8O3,23; Board OF
Came and Fish Commission, $2,O4O.OO;
State Board of Health, $3,O88,28;
State Highway Department, $57,822-
n; Delaware State Hospital at Farn-
hurst. SAGE, ,S35.12; Industrial Accident
Board. S2,921 90; Industrial School for
Colored Girls, $1,521.58; Department
of Insurance, $1,O90.5O; Labor Com
mission, $566.43; State Library, 579,-
94O.21; State Library Commission
equipment and supplies), $297.47;
oyster Commission, $5,070.OO; Board
of Pharmacy, $S13.55; State Treasur-
er S1.427.65; tuberculosis Commits
sion, $S2,S59.S5. Total property, equip
ment, materials and supplies, $l,852'-
5O2.59. The above is exclusive OF prop
erty that hase come into possession
of the State under new School law.
Statement of State Treasurer, cash
balance, August 1, 1921, $2,443, ,S59.62.
Statement of cash held by custodians
other than the State Treasurer, as OF
August 1, State Highway, S6,6OO,OOO;
State Board of Agriculture, $1,5O8.S7;
Secretary of State, $25; adujutant gen
eral, $6,328.82; Ferries Industrial
School, $112.28; State Hospital at
Farnhurst, $3.50; tuberculosis Com
mission, $50; cash at banks for bond
coupons, 100000.
Statement of taxes receivable, Au-
gust, 1921: Income Tax, net amount
after reservable deductions, $51,5SO.-
80; Franchise Taxes, reservable de-
ductions made, based on past expert
ence, S409 ,65635; Bank Taxes, receiv-
able August 1, 1921, $29, ,495.57; In
surance Licenses, $13; Fertilizer Ton
mage Tax, $274.
Statement of amounts due for road
construction, August 1, 1921: Total
due to counties as a result OF pay
...o,,4o ,,ooda bv +bap1 On iOint con- | ,