The Wrangell sentinel., 1948-09-10
TERRITORY WOULD BE BROKE IF BOARD
 HAD NOT ACTED

JUNEAU - Territorial Treasur-I CT Oscar G. Olson reported bank balance for the Territory of $l,-I 977,719.69 of which $1,796, 6,229l was in special funds, not available for general operating expenses leaving a balance in the geneal fund of $181, ,49O.69 as of the end of business August 3l. The Trea- surer pointed out that schools rel funds to incorporated towns in the amount of S47,4O513 to the end 5f the school fiscal year, ending June 30. were still to be paid from the l general fund balance and that now with the opening of the fall term, school refunds to incorporated towns would run around S1OO,OOOl until the end of the year. With the l monthly payroll for the Territoryi running around S12O,O00 per month and with no anticipated in crease in revenues until after thel first of the year, the Treasurer said the general fund might be depleted before December 31.
 Action of the Board of Admin istratiOn in freezing funds in the amount of $1,O38,0O0 appropriated. by the last Legislature has kept the general fund from being entire, ly depleted months ago." the Trea- surer said. The items frozen were $165,0OO for hospital construction; $l,OO0 TOT hospital inspection; S400,O00 for roads; $50,000 for experiment station work at the University of Alaska; S100,0O0 for construction at the University; $10 OOO for vo- cational rehabilitation; S30O,0O0 for construction and repair of TUT! al schools; $1O,OOO for a TerritOr- ial audit and $2,O0O for meetings of the education advisory commit tee. .plzaau
 There is no possibility that there will be money available toI meet these appropriations to a Treasurer said. The Treasurers .e- port follows: <
 Bank balance as of August Sl, 1948, $2,434,921.30; Less out- standing warrants, 457,2O1.61, balance, S1,9II,1I5.OS.
 Less special funds incorporated in the General Fund which are not available for general operation of the Territory:
 Public school, permanent, $13,r 972.73; University of Alaska, per manent, $10,222.68; Smith-Lever $13,527O4; Engineers and Archi- tects, $5,104O5; Museum bequest and donation, $1.513.04; PioneerSf Home trust, $12,698.81; Radio-te'~ phone, S7,084.14; Teachers Re tirement, $144,724.95.
 Federal funds: Vocational educa- ton, $7,O23.49; School lunch pro gam, $1,281.00; Forest reserve $78,O2O.8O; Aleutian Island mon- eys, $96O.6O; Old Age Assistance. grants, $11,031.23; Old Age Assls- tance, Administration, $10,016.96a Child Welfare services, S7,189.54; Allowance to Mothers, grants, $117.35; Allowances to Mothers, Administration, $16,66962; them ployment Compensation Commis- sion. $146, ,06O.6O; Control of Tub erculosis, $12,751.23; Emergency Maternity and Infant care, $6,844.- AS; Maternal and Child Health, Crippled Children, venereal disease control and general health, S7S,- 188.65; Hospital survey, 994.OS; Cooperative Clinical Evaluation of Streptomycin in bone and joint tuberculosis, $7,94O.2O; Alaska grants, $2O5,1 5,178.30; Fisheries, exs perimental, $957.36.
 Special Funds: Veterans Admin istration, s4S6, ,417.85; Alaska Mer- it System, $S,O52.4O; Territory building fund, $1,544.71; Alaska Tuberculosis Association, $625.S4; Vision conservation, S514.29; Den tai care, $6.O; Alaska Crippled Children's Assn, $2,517.47; Alaska Crippled Children's Assn, trans portation, $9,S79.3O Motor feul oll tax, 338, 8,462.67; Second Injury fund, 2,241.46; Refund of liquor license fees to incorporated cities: S6,987.49; Matching Teachers Re tirement, $17,259.S0.
 Federal: Amount certified avail able to U. S. Treasurer for Old Age AssiStance S111 O00U0: Teachers