Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1925-10-02
REVENUES AND
DISBURSEMENTS
Detailed Report of State Expenditures
Roads and Schools Get Two-Thirds

The Virginia State Chamber of
Commerce committee on taxation has
given out detailed analysis of Vir-
ginia's revenues and disbursements in
the second report of the committee
since its formation last spring.
The document shows at glance
where virginia's funds are expend-
ed, where her revenues are derived,
and makes clear the intricacies of
Virginia's financial problems. The re-
port, prepared under the personal SUI
pervision of DIR. Upton R. Snavey,
economic advisor of the committee,
is based on budget figures of expendi-
lures during the present fiscal year,
which ends February %, 1926.
l Virginia's roads and school expen-
ditures consumed more than two
! thirds of all of the revenues of Vir-
ginia, the report shows. Road funds
| totaled 1853 per cent of total author
lied expenditures for the year. Edu-
cational funds take 1921 per cent of
the total
Under More Heads
The remainder of the revenues of
5 the State are divided under nine
: heads, each taking the following per
cent of total funds authorized for
, expenditures:
4 Administrative, 1857; detectives
| and dependents, els per cent; pen
sions, 3.24 per cent; correctional,
: 1888; agricultural, 1.43; military,
Y SO; miscellaneous, .35; judiciary,
e 81; legislative, 81 These items con-
: sumo the total S30,S36.657 author
: lied for expenditures by the asst Gen.
: eral Assembly.
On the other hand the committee
: report, which will be issued this week
g shows that special revenues for
, roads, schools and tuberculosis, con-
/ sumes 37.9S per cent of the States
/ estimated revenues for expenditures
Y from all sources during the fiscal year
: ending February 2S, 1926.
: Special receipts for specified de-
/ partments account for 3.S4 per cent
: of the total; revenues not paid into
| the State treasury total 1928 per
/ cent of total revenues, leaving reve-
r nues available for the general fund at
: only 1899 per cent of the total esti-
: mated revenues of s30,137,710
{ Where Revenue Comes From
, OF the special revenues for roads
: schools and tuberculosis, license taxes
= on automobiles for roads furnished
= 1874 per cent of the total State reve-
nues.
Real estate, with 7.S4 per cent, is
1 the second item in this classification
and the gas tax for roads is third
: with 6.97 per cent.
: Capitation tax for schools bring in
t 2.97 per cent, other school taxes, 1 .03
: per cent; bank stock, IT per cent
e public service corporations, 1.S3 pei
cent; tangible property, 1.19 pei
cent, and intangible property, 294
per cent.
Special receipts for specified de-
S partments are made up of 4S3 per
| cent of the States funds furnished
5 in Federal aid for roads; interest on
/ the literary fund of ST per cent
= Game and Fisheries Department re-
/ ceipts of .55 per cent, and all other
d receipts of this character, 2.S9 per
D cent.
f Revenues not paid into the State
: Treasury include service payments OF
r 2.29 per cent; farm sales, los per
r cent, capital income of SO per cent
: and miscellaneous receipts of 2.33
f per cent
e Revenues available for the general
: fund are made up of eight items,
) one of which includes a miscellane-
Gus classification of 3.07 per cent.
The largest item in the general
fund is 11.95 per cent of the States
revenues which comes from franchise
taxes on public service corporations.
Other franchise taxes total 1.41 per
: cent. Insurance companies pay 3.55
: per cent; intangible personal proper
ty rates at 5.31 per cent Licenses
bring in 6.64 per cent, income $50
per cent and funds received from
clerks of courts, 1.66 per cent.