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Annual Report of the Comptroller, 1886
Volume 250, Preface 17   View pdf image (33K)
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COMPTROLLER OF THE TREASURY. XVII

ducting therefrom all receipts on account of debt

taxes, we would have the following exhibit, viz :

Amount of revenues for the
year 1886,less receipts from
debt taxes............................ $1,601,958 3G

From which deduct the follow-
ing, viz:

Ordinary disbursements for
the year 1886, less interest
on the State debt....... 41,075,398 92

Expenses of Legislature...... 110,698 65

Expenses of printing and pub-
lishing Laws, &c.......... 30,786 78

interest on $6,770,535.56 at 3

per cent................. 203,116 06

——————$1,420,000 39

Arid without any State taxes
for debt purposes, -there
would be a surplus of............... $181,958 18

It is safe to say that with an amendment to the present
Constitution permitting special taxes to be levied and
the enactment of a new assessment law for the State
which would then be proper, the present revenues could
be increased by, at least, the sum of $200,000.00, which
would make the surplus in non-Legislative years over
$500,000.00.

So that then we would be able to give the people as lib-
eral an administration of public affairs as they now have,
without curtailing the contributions which the State
annually makes to the charitable institutions within its
borders, or imposing one cent of State taxation upon
real estate or agriculture save for the support of educa-
tion, and at the same time secure a surplus with which
we could pay the remainder of the State debt off at the
rate of $400,000.00 a year.

In these calculations I have not taken into account
the large sum due from incorporated institutions, Col-
lectors of State taxes, Sheriifs, Inspectors, Registers of


 

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Annual Report of the Comptroller, 1886
Volume 250, Preface 17   View pdf image (33K)   << PREVIOUS  NEXT >>


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