The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-04-01
Total n. D. income
I$1S,722,234 IN 1928,
| ]. S. REPORT Shows
Department Of Commerce Says
Entire Expenditures Ran to
$l7,534,40 Last Year
NET DEBT ONLY s4,e27,l7o
Funded Obligations, However,
/ Are $34,857,5Oo; Bank.
= Mill and Loans Basis

Washington, April 1.-The Depart
ment Of Commerce announces sum-
mary Of the financial statistics Of the
State Of North Dakota for the fiscal
year ending June 30. 1923. The per
capita figures for 1928 are based on a
population OF GAL 1872, as Of the state
census Of 1925.
Expenditures
The payments for operation and
maintenance Of the general depart
ments Of North Dakota amounted to
SS.46s. 1s2. or 1922 per capita. This
includes 4l,427.14 appointments
Tor education to the minor civil di-
visions Of the state. In 1927 the COM
parative per capita for operation and
maintenance Of general departments
vas 1914. and in 1918. $5.7S. The
payments for operation and mainten-
ance Of public service enterprises In
1928 amounted to $4.084. $3.50. which
Aanount was largely for the Grand
r0Fks mill and elevator: interest on
0eok 4l,875.l52: and OUTLAWS for per-
lnanent improvements. $3.1l5,730. The
total payments, therefore. for opera
tjon and maintenance Of general de-
tArtments and public service enter
teises. for interest and outlays were
4l7,S43.404. The totals include all
payments for the year. whether made
6pom current revenues or from the
leoceeds Of bond issues.
III OF the governmental costs reported
Above. e3.657.707 was for highways.
q 90 $50 being for maintenance and
CASTS, 025 for construction.
Ne Revenues
~. The total revenue receipts were
MI. 722 ,234. or 1920 per capita. This
MS $50 more than the total
iI4yments Of the year. exclusive OF the
,,J4yments for permanent improve
.Jpents, and 41,l78.S30 more than the
Total payments including those for
.i1manent improvements. This ex-
lSegs Of revenue receipts is reflected
~ purchase Of investments and in
creased cash balances, not shown in
this summary. Property and special
taxes represented 24.l per cent Of the
'Antal revenue for 1928, 23.3 per cent
FOR 1927, and 31.7 per cent for 1918
The increase In the amount of prop
srty and special taxes collected was
HAS per cent from 1918 to 1927, but
there was q decrease Of O.5 per cent
from 1927 to 1928. The per capita
property and special taxes were $7.03
A 1929. $7.07 In 1927. and 1854 In
1918.
I Earnings Of general departments.
g compensation for services rendered
~ state officials. represented o. per
emit Of the total revenue for 1928,
rs per cent for 1927. and 23.4 per cent
Tor 1918.
Business and nonbusiness licenses
constituted ITO per cent Of the total
revenue for 1923. 1877 per cent for
1871. and 12.5 per cent for 1918.
Receipts from business licenses
uonsist chiefly Of taxes exacted from
insurance and other incorporated
companies and Of sales tax en-
gasoline. while those from nonbusi-
ne1s licenses comprise chiefly taxes
a motor vehicles and amounts paid
TOR hunting and fishing privileges.
Tho sales tax on gasoline amounted
20 81 .3e7,0o6 In 1928 and 81 ,000,154 In
1871, an increase Of ass per cent.
Indebtedness
The total funded or fixed debt out
standing June 80, 1929, was $34 857, 500.
i The net Indebtedness (funded or
nlked debt less sinking fund assets