IV REPORT OF THE
DISBURSEMENTS.

The total disbursements during the year amounted to
$2,125,109.76.

In this sum is included the expenses of the Legisla-
ture, the pay of its Members and Officers amounting to
the sum of $110,698.65; public printing and publishing
the laws, $30,786.78; the refunding of moneys on account
of licenses issued to carry oysters over the waters of
the State, and licenses abridged by the enactment of a
new Oyster Law in 1884, $27,493.46, and special appro-
priations to the amount of $38,310.76, amounting in the
aggregate to the sum of $207,289.65.

There is also included in the disbursements the sum
of $276,877.10, expended in the purchase of stock and
the redemption of balance of the Old Defence Loan
and after deducting these several sums from the total
disbursements there remains the sum of $1,640,943.01
as the net ordinary expenses of the State Government
for the fiscal year, 1886.

This sum is more than twenty-five thousand dollars less
than the ordinary expenses of the State for the last
Legislative year (1884).

The expenses of the Legislature of 1886 were some-
what greater than they were for the Session of 1884,
which increase was in part occasioned by contested
election cases, there being one in each House.

ESTIMATES.

"Statement C" shows the probable receipts for the
fiscal year, 1887, to be $1,979,548.34, which, if realized
and added to the balance in the Treasury, on 30th day
of September, 1886, will make the total amount in the
Treasury during the fiscal year 1887, to be $2,596,124.68.
And "Statement D" shows the estimated disbursements
for same period to be $1,617,301.40, which deducted from
the estimated receipts will leave a balance of $978,823.28.

This sum will be ample to maintain the Sinking
Funds in accordance with the laws creating the various
State Loans, and still leave a sufficient balance to ensure