The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-18
FINANCIAL REPORT |
SHOWS STATE SPENT !
HUGE sum IN 1882
Dale OiscIoses Collections of
$19,361,673.54 and $751;
190,183.03 Paid Out
BALANCE is $10,925,378
General Fund Shrinks As Taxes
Are Unpaid; Was Over
drawn Last June

Collections by the state for all pur-
poses totaled $l9,361 ,673.54 for the
fiscal year July l, 1882, to June 30,
1888. it was shown Friday in the an
nual financial report Tor North Da-
kota compiled by Alfred S. Dale,
state treasurer.
This represented an $685., 1929 re-
duction from the $2O,223 ,655. 80 COL
lected In the fiscal year ended June
30, 1882. Payments by the state gov
eminent for the year ended June 80
amounted to $19,19O,1 03, or $2,279,-
509.24 less than the previous year.
The balance in all funds on June
30 was $10,925, 1888, the report said.
This was distributed as follows: Bank
Of North Dakota subject to check,
81, 705 ,3S3.46; certificates of deposit,
$7177,172.32; investments, real estate
bond payment fund, $592, 500; cash
on hand, $2,l52.20: interest coupons
paid pending issuance of auditors
warrant, 1862, 28291; tax collections In
transit, $85,887.99.
Total collections for the general
fund the last fiscal year were So
900, 380.53 compared with $3.50, 059 rs
the previous year. On June 80, 1882,
the balance in the fund was $685.
1926 and collections ofs$3 300. 38O. SO
during the year brought the fund to
So, 989, 072.89. Payments for the pc
Rod totaled $4,000 1893 SO, leaving the
fund overdrawn $l3,52070 on June 30,
1888. the report showed.
Collections Decline
A general decline in collections in
the general fund was apparent il,
the report except for few small in
creaseS.
Among funds showing drops In
collections was the motor vehicle reg
istration fund, where the report
listed collections of $1,128,251. 80 COM
pared with $l,828,398.94 the previous
year.
In the highway construction fund,
which carried a balance of $l,117,-
G03.34 June 80, 1882. collections for
the last fiscal year were 1896 ,599 81,
including federal monies, with dis
hursements totaling $4,570,385. Col
lections during the year prior to
June &c. 1882, were $5,510,574.33 and
disbursements $4.797 1919.
In the capitoI building fund COL
lections for the firscal year were ST.
139,l33.20, the report said. of which
100000 was obtained on certificates
of Indebtedness and the rest on mis-
cellaneOus transfers from other funds
and the tax levy.
School Monies Shrink
In the permanent fund for COM
mon schools, collections dropped from
$81l ,257.88 for the year ended June
30, 1892, to $479,35888 the last fiscal
year, a reduction Of 1891 1899. The
interest and income fund collections
for common schools showed a $59,-
98931 reduction from the previous
year to $639, 607.63 during the last
year.
Revenue collections for the last
fiscal year ended June 80 were less
than the previous year except that
interest on public funds increased
from $9O,141.51 to $114,327.74. A COM
parison of the last nine years, start
ing with the fiscal year ended June
80, 1929, showed general increase to
1929, the peak year, and then de-
cline. Collections for 1929, 1882 and
1888, fiscal years ending June 80:
Cigarette revenue-l929, $249, 965. o.:
1882, 1922, 654.41; 1888, $241, 802.92.
Income tax-l929, $657, l64.10: 1882,
s217, 1854: 1888, $l16,063.69.
Interest on public funds - 1929,
1882, $90,141.51; 1898,
$114,327.74.
Game and fish-l929, $l00,110.52;
1892. $69, 404.29: 1888, $58,561.45.
Motor vehicle registration 1929,
81 ,048, 06l so; 1882, $685., 1884; 1888,
81 ,128,251 80.
County highways aid 1I3 net gas
$3.50, 100000; 1888, 5000 10000.