iv

THE ESTIMATES.

The probable receipts in the current fiscal year, ending the1
30th of September, 1857, will be found estimated in STATE-
MENT No. 3 ; and STATEMENT No. 4, shows an estimate of the
probable demands upon the Treasury for the same period.

"THE FUNDS."

STATEMENT No. 6, contains a report of the Free Schools
Fund, and the Sinking Fund, constituting "The Funds."

By a reference to this Statement, it frill appear that the
Free Schools Fund had to its credit, in the Treasury, on the
30th of September, 1855, the sum of $30,055,73, and there
was received, during the fiscal year just closed, on account
of this Fund, the sum of $44,905.83; and there was ex-
pended, for the same period, the sum of $68,020.24. It will
also appear that, on the 30th of September, 1856, the Free,
Schools Fund had remaining to its credit in the Treasury
$31,923.93.

STATEMENT A, comprises that portion of the School Fund
which consists of Bank Stock and Cash, belonging to the
Counties.

STATEMENT No. 5, also furnishes an account of the receipts'
and disbursements on account of the "Sinking Fund" in the
fiscal year ended the 30th of September, 1856,

The receipts were $237,102.65, the whole of which sum
was invested for the use of that Fund ; so that there was no
balance remaining in the Treasury, to its credit, at the close
of the year.

The Sinking Fund h.as been increased from the sum of
$3,426,749.95, (which was its amount on the 30th of Sep-
tember, 1855,) to the sum of $3,676,065.35, which was its
amount on the 30th of September, 1856.

The character of the Stocks purchased for the Sinking
Fund, during the fiscal year, appear in STATEMENT B, of the
Appendix.

By a comparison of this Statement with STATEMENT No. 5,
it will be seen that while the addition to the Sinking Fund