Milford chronicle., 1935-02-01
Ss38,O5S SHIFT
VOTED By HOUSE
[Coatinned Iram ~ Paasl

ICoHiiHed from First Pagsl
fiscal years s4e9, ,O2s.5s shall be di-
yerted from the franchise tax and
paid to the State Treasurer who
shall use SS29, ,029.53 each year for
the maintenance OF the two educa-
tional institutions.
For each Of the two years another
$4,000 shall be used for the oper-
alton and maintenance Of the State
Tax Department. The remainder or
s50,000 for each year would be ear
marked as a contingent fund to be
utilized solely for the operation and
maintenance Of any educational in
stitution receiving appropriations
from the Federal Government in the
event such Federal appropriations
are reduced or stopped
81,1Ol,800 For Bonds
Under the provisions Of another
bill which the House passed by
unanimohs vote Wednesday after
noon the State Highway Department
will be committed to an outlay Of
approximately s1,1O4,S00 for the en-
suing biennium for the purpose OF
paying the interest and maturities
ON highway Improvement bonds and
State aid road bonds which have
been isused by each of the three
counties, and which will fall due
during the next two years. OF these
bonds New Castle County has issued |
$2.515,0O0; Kent County $1,7S0,000;
and. Sussex County $2,475,000.
Since 1887 the State obligated it.
self for two years at a time to meet
the interest and maturities on the
serial bonds of the counties and Of
the various issued $6,720,OO0 still re-
mains to be redeemed. Since the
beginning of this arrangement the
State Highway Department has fl
hanced interest payments and for |
six years the general fund has
furnished the money to meet the |
maturities as they came due.
Sinking Fund Used In 1888
In order to relieve the general |
fund the last Legislature directed |
that the money to pay these bonds /
should be taken from the sinking |
fund, but this fund is no longer
able to finance the maturities as
they come due. Because of this,
Governor C. Douglass Buck in his
biennial message to the General
Assembly recommended that for a
period Of two years beginning July
1st, 1885, the highway department
be asked to redeem these county
road. bonds and the bill which was
passed by the House provides for
this plan.
A third measure which is a part
Of the general plan of the admin
istration for balancing the budget
was passed by the unanimous vote
lf. the House. This would author
ze the State Treasurer to pay
from the highway fund the money
required to operate and maintain
he Motor Vehicle Department for
he next two years. The total an
lual cost of this department is
lbout $SS.000, and this transfer Of
he cost which now comes from the
general fund will relieve this fund
o this extent each year during the
lext biemnium. ,
Funds For Indigent
Representative Heal introduced a
ill TO authorize an appropriation of
10000 during the next fiscal year
nd an appropriation Of $4,000 the ,
year to the State Old Age
Welfare Commission to enable that ,
ommissiOn to care for the INDECENT
esidents Of the State who are in ,
eed Of public relief One half OF !
his cost is paid by the counties in ,
ropoHtion to the number of such :
ldigent persons in each county.
The House passed without Oppo- ,
ltfon Representative Rentz's bill to =
Frederick to borrow $4,000 )
-ith which to purchase a water :
liant for that town.
Representative Joseph introduced :
Dill to give the women residents !
Georgetown the right to vote at =
'Wn elections. :