The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-10-19
FINANCES OF
STATE DURING
1924 GIVEN
Commerce Department An
nGunceS Statistics Con-
corning North Dakota

W,.hinptnn. y. G., Oct. ~. The
Department Of tomm"rc" r"no1Nc"S
n Summary Of the financial Stat!s-
tir; Of the state of North Dakota tor
the fiscal year ending June 80, 1871
rs follows:
Expenditures
The pavment5 for maintenance"
and operation uf the general depart
mcnts Of North Dakota for the ifs
cal wear ending June 80, l".i.
amounted to $7.4Gl 1893, or Sll.oi per
I capita This includes $l.301,S31, ap-
portionmcntS for education to the
minor civil divisions Of the state. In
1923 the comparative per capita tor
maintenance and operation Oh gen
cral dcpartmcnts was SIPS, and IN
1913. $5.7S. The expenses of public
service enterprises amounted I" ~
! 1852: interest on dcht. S.o?.HJ';
ard OUTLAWS for permanent improve
mcnts, $2.O93.Iii. The total pay
mcnts. therefore, for expenses Of
general departments and public Scr
vice enterprises. interest. ANA out
lays were $l6.Gl6,l39. The totals in
cludc all payments for the year,
whether made from current revc-
MUGS or from the proceeds Of bond
issues.
or the governmental costs reDort-
cd above, $l,Gl4.5G0 was for high
WAYS. $l37 .337 being for maintcn-
ancc and Sl,l77,223 for construction.
The large amount reported as eN
p"nscs of public service enterprises
thomc building association, mill, and
mill and elevator association Is off
set by receipts amounting to $r,SlG,-
) ant.
Of revenue receipts.
Revenues
. The total revenue rccciDts of
North Dakota for 1921 wer $lS,'li.-
500. or $27.2G per capita. This was
Sl,S9l.lll more than the total pay
ments Of the year. exclusive Of the
payments for permanent improve
mcnts, but $20l 1903 less than The to-
tai payments including those for per
mancnt improvements. These pay
mcnts in excess Of revenue receipts
were met from the proceeds of debt
obligations. Property and special
taxes represented 25.l per cent Of
the total revenue for 1924. 3l.3 per
cent for 1928, and 3l.7 per cent for
1913. The increase in the amount of
property and special taxes collected
was 2l6 | per cent from 1913 to 1928
but there was a decrease Of 81 per
cent from 1923 to 1924. The per cap
tia property and special taxes were
$685. in 1924, $3.50 in 1928, and $254
in 1913.
Earnings of general departments,
or compensation for services rem
dered by state officials represente ed
IS per cent Of the total revenue for
1924, 1913 per cent for 1923, and pa
per cent for 1918.
Business and nonbusincss licenses
constituted rs per cent of the total
revenue for 1924. CT rer Govt for
1923. and 1873 per cent for 1913.
Receipts from business licenses
consist chiefly of taxes exacted from
insurance and other incorporated
companies and from sales tax on
gasoline, while those from nonbusi-
ness licenses comprise chiefly taxes
on motor vehicles and amounts paid
for hunting privileges.
Indebtedness
The net Indebtedness (funGei debt
less sinking fu"d assets of North
Dakota on June 80. 1924, was 81 t..
010,7ll, or 5000 per capita. In 1929
the per capita debt was 500, and in
1918, 5000
Assessed Valuations and Tax Levics
For 1924 the assessed valuation Of
property in North Dakota subjec. TO
ad va!orem taxation was l,0S9,12 3.-
Ga; the amount of state taxes LEVIED
was Si,00I,3I5; and the per .apita
levy, $5.93.