Milford chronicle., 1935-01-04


Following hearings held last Sep
tember and October, the Budget Di
rectors eliminated, as will be seer
by the budget to be presented tC
you, all appropriations to semi-pub-
lie and private welfare agencies. Fol-
the fiscal year 1934-35, the appropri-
ations granted these various Organi-
zations totalled approximately $780,
500. In the burget as prepared none
Of these items is found and even
without them the already recommen.
ded expenditures are greatly in ex-
cess of the estimated income for
each of the ensuing years. In each
of these years there is anticipated a
serious shortage and one that must
be covered-SS6O, 900 in 1885 and
$945,00O in 1867. In the event you
should deem it necessary to approve
most of the aforementioned grants
in the sums requested, the budget
will then be unbalanced by as much
as $1,000,00O in 1856 and SLIPS
900 in 1936-S7.
Fiscal Suggestions
By reason of the budget situation
above set forth, l respectfully offer
the following suggestions as to how
the State budget, within certain linn
its, may be balanced over the next
bienniufn:
A-AuthOrize and empower the
State Tax Department, with its
staff of trained accountants to
assist the Registers Of Wills in
the several counties to COM
pute and collect inheritance and
estate taxes and to have all rev.
enue from this source deposited
in the State Treasury to the
credit of the General Fund. Last
August taxes of this sort in ar
rears were estimated to be
S263,943.20.
the statute found in
Chapter 10, Volume 3S, Laws of
Delaware, which provides for
the diversion of Franchise Tax
receipts to the General Fund
and definitely state the purpose
for which said receipts are to
to be used.
A<AAGNk NAAg AAA6nM GAg 0GBeAA
to take control of the Motor We
hicle Department of the office of
the Secretary of State and to
assume from its current income
all the operating expenses Of
said department.
)-AuthOrize and direct the issu-
ance of certificates of indebted s
ness to the Highway Depart 6
ment beginning July !, 1885 and /
each six months thereafter, in {
an amount not to exceed $780, c
900, limiting the total amount G
to 100000, with interest at the [
current rate paid by the State u
depository; proceeds to be de- v
posted to the credit of the Cen d
eral Fund. d
and direct the issu- c
ance of certificates of indebted t
ness by the custodian of the 8
State School Fund to the credit "
of the said School Fund begin s
ming July 1, 1885, and each six a
months thereafter, in an amount o.
not to exceed 100000, limiting r,
the total amount to 100000. VI
with interest at the current rate r
paid by the State depository; D.
proceeds to be deposited to the ell
credit of the General Fund. cl
In the event these suggestions "
ould be followed, income to the Ii
neral Fund will be supplemented es
approximately S1,20O,000 annual by
for each of the years of the next il
innium, an amount sufficient, it is di
lieved, to put the budget in bal sy
ce. ia
Bonded Debt of the State sii
Over a two year period, since 1888, co
, States bonded Indebtedness has th
en- reduced by S225,000. At the Sc
esent time State bonds outstand- ov
: total $3,150,000, to apply against 81
ich the Sinking Fund holds cash fol
l securities worth $6S4,951.96. be-
Finance Commission III
FOR five consecutive years we have 9I'
messed the States income contin- @ eA'
ly grow less. If this loss of reve- ta4 1
persists at the same rate for eSc eSc
next two years. the States fl o'S
ices in 1887 will be in a much
re strained condition than they ma
today. If We would be prepared CdA
meet intelligently the situation ma
years hence this Legislature UI uuI
uld appoint, or direct the Cover t 90
to appoint, a Commission of tle
,e or more citizens to study all es''
les of the States fiscal system Vi
submit to the next General As laS
bly, their recommendation of eeu ~.
it may be improved or changed Sta
irovide sufficient revenue for the Vi
e's needs at that time. our
Unemployment Relief ,ne
J a State in which agriculture is tbo
chief industry, a State with but itin
ingle industrial city within its WE
Iers, Delaware's experience in tho,
ishing relief to the unemployed s90l
public funds from the State Stat
sury has been such as to lead coli
o believe that the State will not tho,
n be allowed to enter this field OHie
elfare work. The fact remains, fr,,s
ever, that there is some distress ioct
ne iUWel couH'i1S I5s.i anu q eIeas con;
lburbs. Certainly in the case of III
lingtOn provision must be made
tend further assistance to those
les now on the relief rolls Ct
, the emergency lasts, and in Dela
and Sussex Counties there are hunt
lubt some cases where help is each
ID. Two and a half years Of shall
noaansnNsay. arrfN 1,aat1Aw4. tI1nf