Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1927-03-31
STATISTICS OF THE
STATE GOVERNMENT

y i "A i Id 1NO VI LIE
STATE GOVERNMENT
Washington, d. c., March 20, 1927.
The Department of Commerce an
nounces a summary of the financial
statistics of the State of Minnesota
for the fiscal year ending June 30,
1926.
Expenditures.
The payments for maintenance and
operation of the general departments
of Minnesota for the fiscal year end
ing June 80, 1926, amounted to $32,-
464, 421, or $1234 per capita. This
includes $9,754,561, appointments
for education to the minor civil divi-
sions of the State. In 1925 the COM
and operation of general departments
was $12.37, and in 1917, $S15. The
interest on debt amounted to $4,184,-
S72 and OUTLAWS for permanent i'm
provements, $13,064,S5S. The total
payments, therefore, for expenses of
general departments, interest, and
OUTLAWS were $49,714,151. Of this
amount $41,745 represents payments
by State department or enterprise
to another on account of services.
The totals include all payments for
the year, whether made from current
revenues or from the proceeds of
bond issues.
Of the governmental costs reported
above, $15,610,S77 was for highways,
$4,421,969 being for maintenance and
11,188,90S for construction.
Revenues.
The total revenue receipts of Min
nesota for 1926 were $57,24S,433, or
$2176 per capita. This was $20,599,-
40 more than the total payments of
the year, exclusive of the payments
for permanent Improvements, and
$7,534,2S2 more than the total pay
ments including those for permanent
improvements. This excess of rev.
enue receipts was reflected in pur-
chase of investments, not shown in
this summary. OF the total revenue
receipts $41,745 represents receipts
from State department, or enterprise
on account of services. Property and
special taxes represented 1872 per
cent of the total revenue for 1926 and
1913 per cent for 1925. The increase
in the amount of property and spe-
cial taxes collected was 991 per cent
from 1917 to 1925, but there was a
decrease of 2O.6 per cent from 1925
to 1926. The per capita property and
special taxes were $5.O5 in 1925, $6.57
in 1925, and $3.50 in 1917.
Earnings of general departments or
compensation for services rendered
by state officials, represented 9.2 per
cent of the total revenue for 1926, 81
per cent for 1925, and 200 per cent
for 1917.
Business and nOn-buSiness licenses
constituted 500 per cent of the total
revenue for 1926, 4O4 per cent for
1925, and 30.6 per cent for 1917.
The increase in the percentage of
receipts from business and non-bus-
mess license taxes shown for 1926 is
due, principally, to increased receipts
from motor vehicle licenses and to
receipts from the recently imposed
sales tax on gasoline.
Receipts from business licenses con-
sist chiefly of taxes exacted from in
surance and other incorporated COM
panies and of sales tax on gasoline,
while those from non-business licens-
es comprise chiefly taxes on motor
vehicles and amounts paid for hunt
ing and fishing privileges.
Indebtedness.
The net Indebtedness funded or
fixed debt less sinking fund assets)
of Minnesota on June 80, 1926, was
$12,227,564, or $4.65 per capita. In
1926 the per capita debt was $5.7S,
and in 1917, $O61.
The debt for Minnesota includes the
debt incurred for rural credits, but
does not include the county reim-
bursement road bonds. These bonds
were issued by the counties of the
state for road construction, but the
state is obligated to pay both prin-
cipal and interest of the bonds. The
debt on account of rural credits is
practically offset by the assets of the
sinking fund Of the Rural Credits