The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1931-09-03
Financial Statistics for Mime.
scta Prepared by Federal
Census Bureau -

Washington, ID. c., Sept. 3, 1881
The Bureau of the Census an
nounces summary of the financial
statistics Of the State of Minnesota
for the fiscal year ending June 80
1880. The per capita figures fol
1880 are based on an estimated popu.
lation of 2,560,O00. These statistics
were compiled by M. j. Desmond
deputy state auditor.
The payments for operation and
maintenance of the general depart
ments of Minnesota amounted te
-$37,167,41S, or $14.52 per capita
This includes $1O,O34.147, apportion-
ments for education to the minor
civil divisions of the state. In 1929
the per capita for operation and
maintenance of general departments
was $14.44, and in 1917, $8.15. The
interest on debt in 1880 amounted to
$3,647,869 and OUTLAWS for perman-
enc improvements, $14,692,232. The
total payments, therefore, for oper-
alton and maintenance of general de-
partments, interest, and OUTLAWS
were $55,507,519. Of this amount
$S3,41O represents payments by a
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 report
ed above, $16,325,126 was for high
ways, $4,543,772 being for mainten-
ance and Sill, 781,3 1854 for construction.
Revenues
The total revenue receipts were
$64,412,587, or $25.16 per capita.
This was $23,597, 300 more than the
total payments of the year, exclu-
.asive of the payments for permanent
improvements, and $S,905,O6S more
than the total payments including
those for permanent improvements.
This excess of revenue receipts
is reflected in reduction of debts;
, also in purchase of investments
and in increased cash balances,
not shown in this summary. Of
the total revenue receipts $685.
410 represents receipts from State
department or enterprise on account
of services. Property and special
taxes represented 1876 per cent of
the total revenue for 1880, 24.9 per
cent for 1929, and 35.4 per cent for
1917. The increase in the amount Of
property and special taxes collected
was 26.9 per cent from 1917 to 1880,
but there was decrease of 31.9 per
cent from 1929 to 1880. The per cap
tia property and special taxes were
SALT in 1880, $6.17 in 1929, and $3.50
in 1917.
Earnings of general departments,
or compensation for services rend-
cred by state officials, represented
SO per cent of the total revenue for
1880, 81 per cent for 1929, and 2O.9
per cent for 1917. .-es5z..----g--,.,-
Business and nonbusiness licenses
constituted 53.7 per cent of the total
revenue for 1880, AIS per cent for
1929, and 3O.6 per cent for 1917.
Receipts from business licenses
consist chiefly of taxes exacted from
insurance and other Incorporated
companies, occupation and royalty
tax on iron ore, and of sales tax on
gasoline, while those from nonbusi-
ness licenses comprise chiefly taxes
on motor vehicles and amounts paid
for hunting and fishing privileges.
The sales tax on gasoline amounted
to $6,750,331 in 1880 and $3,678, 1O5
an 1929, an increase of 1875 per cent.
Indebtedness
The total funded or fixed debt out
standing June 80, 1880 was $58,O43,-
759.
The net indebtedness funded or
fixed debt less sinking fund assets)
was $4,O18,220, or $1.57 per capita.
In 1929 the per capita net debt was
$3.50, and in 1917, $O.61. The debt
reported for Minnesota includes that
incurred for rural credits, but does
not include the county reimburse
ment road bonds. These bonds were
issued by the counties of the state
for road construction, but the state
is obligated to pay both principal
III Co1lz A~cx,a,.oI noxy Ninhf