Milford chronicle., 1934-03-09

6eUeTdl FuHu.
The vitality serious aspect of the
situation relative to fiscal affairs, the
Governor points out. is that income
from all sources is still decreasing
and the State faces a deficit of ST.
100000 for the coming fiscal year.
lie says that the solution of this prob
lem may be deferred until the MEM
beFs of the one hundred and fifth
General Assembly have been elected,
or possibly the State may be able to
carry on until the converting of this
newly chosen body in January, 1885.
Governor Bucks message is as fol-
lows:
Your return to these legislative
halls, after an absence of some three
months, is most prOpotious and Op-
perfume as important matters af-
fecting the welfare of the State and
the cOntentment of our people await
your thoughtful consideration and
helpful solution.
ALLOW me to direct your attention
to the present condition Of the Gen
eral Fund of the State Treasury des-
pite the efforts of the proper State of
ficials to gather into said fund all the
income available from every source
whatsoever insurance lees now in
the course of collection, moneys held
by the State Liquor Commission. as
well as inheritance, estate taxes and
other deferred income. On March |,
the net cash available To meet the
budget appropriations for the remain
frts "a .f l,a
year was exactly Two Hundred Nine
Thousand. Ten Dollars and Ninety
eight Cents t$2u9. 0lU.9Sl. For these
remaining April. May and
June-the hudeetrd EXPENSES against
the General Fund exceed The eStimat
fd income by Five Hundred Thirty
nine Thousand Three Hundred Twen
ty Dollars and Eishty-Seven Cents
($539 BOOST, wherefore il becomes
necessary at this time To agument
the revenue il is estimated this fund
will receive during this remaining
period, together with the balance of
March by Three Hundred Thirty
Thousand. Three Hundred Nine Dol
lars and Eighty-nine Cents $3.50
300 S9D. il the State departments. i'll
stitutiOns and agencies. which de
pend upon this account for their gen
eIal expenses and maintenance funds
are to continue tO operate during the
remainder of this fiscal year.
However. | do not regard this
contingency in itself as critical since
10 meet the eXigency Il ready snlu-
tlOn may he fOnnd in raising the
money necessary 10 retain the sol
Vency of the general fund between
March LIST and June 3Uth. As Il
means To this end. respectfully
suggest that the espOmSibiliiy of PRO
viding for the redemption of county
aid highway bonds from April lSt.
1894, to June 30. 1888. which is now
an obligation of the sinking fund
made so by your Legislative action.
he transferred To the highway de
partment, and thereby will he re
leased some three hundred. eighty
five thousand dollars ,$Nj. j.0U00G
for transfer To the general fund
more than enough money ln meet
ihe expenses of the general budget
for the remainder of this fiscal year.
The vitally seriIus aspect of the
Jf our State lies in the fact that the
income from all sources is still de-
and We are confronted with
4 condition as TO the general fund in
hat the receipts in the next fiscal
year will undoubtedly fall short OF {
he estimated budgeted income as set
mp in the fall of 1882 by at least
Dne million five hundred thousand
dollars C$l 500 ,000l In other words
between July ], 1894 and June 30.
1898, inclusive. it is estimated that
he additional sum of 1880. .0O0.00
will have to be raised to supplement
he income to the General Fund in :
order to balance the budget of 1894
Is as approved by your acts. The !
solution of this troublesome problem
nay he deferred until the members
If the One Hundred and Fifth Gen
,ral Assembly have been elected. or I
POSSIBLY we may be able TO carry on
until the convening of this newly
'hOsen body in January. 1888. but il
would seem the realization of this !
confronting the General y
'und of the State Treasury is such ;
hat il should not he. and cOmlid- {
ntly believe it will not he. over i
OOked by you at this time. if you '
re called upon To pass ON appro- I
'riations the approval of which will
lace an additional burden upon the v
esOurces of that fund v
THE members of the One Hun z
red and Fourth General Assembly J.
or the second time within sixteen
lOnths. are faced with the prob
am of financing a relief program
Dr the unemployed residents of our
tate. The situation confronting us
nth respect to the needs of those 5
'Orthy families, whose bread win
ers are still unable to find employ n
lent, and with regard to the relief %
that other unemployed group. the
ngle man who must of necessity I,
sO be provided for. is one that ap- AZ
ears 10 demand our immediate con-
deratiOn. The two millions of dol Il.
RS appropriated by yOu some fifteen q,
Gnths ago have since been eXpend-
for the subsistt nee of the unem-
Dyed among us. Every dollar of III
hat appropriation has been dis el
ibuted, as well as over million
ore. and today those still on the u
lief rolls are being provided for
ON a Federal gift grant obtained of
rough the kindness of Hon. Harry
Hopkins. administrator of relief JC
nds furnished by the National ia
lvernment
when recently appraized by the da
Emergency Relief Com
lssion that they had insufficient FRI
Dney In hand TO carry through to
e eonyening of the Special Ses- RI
IN of the General Assembly on vi