REPORT OF THE COMPTROLLER OF THE TREASURY. ix

twelve months over due has been placed in the hands of
Attorneys for collection.

The unproductive assets of the State amount to $8,099,-
626.99.

STATE DEBT.

The Total Funded Debt of the State as shown in detail
in Statement "J." was at the close of the fiscal year 1895,
$8,684,986,24. The productive assets of the State and the
investments to the credit of the Sinking Funds aggregate the
sum of $5,679,733.11, when deducted from the gross debt
will show a balance of $3,005,253.13, as the net debt of
the State. In the above statement no allowance is made for
the amounts over clue from Incorporated Institutions, Collec-
tors of Taxes and other accounting officers, aggregating
$684,812,69, more then ninety-five per centum of which is
collectable, nor for the difference between par value and the
market value of the State assets, all of which, with a single
exception, would command large premiums in any market.
And in any estimate if they were treated at the market value,
the net debt of the State would be practically extinguished.

ASSESSMENT OF REAL AND PERSONAL PROPERTY.
Statement "K" shows the assessment of real and personal
property in the several Counties and City of Baltimore for the
fiscal 3^ear 1895. The aggregate of which is $534,930,476.00,
being greater by $5,792,393.00, than that of 1894.

For a period of seven years there has been a gradual in-
crease, in the assessable basis of the State.

1889........................................................$ 477,398,380 00

1890..... ....................................................... 482,184,824 00

1891.............................................................. 510,003,077 00

1892......................................................... 515,137,528 00

1893............................................................... 524,056,241 00

1894..................................................,,.............. 529,138,103 00

1895................................................. 534, 930,476 00

The levy for State taxes for 1895 on the real and personal
property at 17 3/4 cents on each $100, amounted, to $949.501.59.

PUBLIC SCHOOL TAX.

Statement "L" shows in detail the levy and receipts on
account of the Public School Tax. The levy for the fiscal
year 1895 amounted in the aggregate to $561,677.00, which,
of course will be decreased when the abatements in the form