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APPENDIX.

Annual Report of the State Treasurer.

State TREASURER'S OFFICE,

Lansing, December 1, 1849. To the Legislature of the State of Michigan :

I transmit herewith statements showing the condition of the seves al funds for the fiscal year ending November 30, 1849.

The balance in the Treasury is $55,957 47. During the past fiscal year every demand upon the “ general fuud” has been paid upon presentation, and all of the interest due on the adjusted portion of our State debt, with the exception of $342 12, which has not been presented for payment, and the interest due on $72,000 of our State bonds held by the general government. The five per cent. due us for lands sold within the State, and the advances made to volunteer

res iment, say nothing of other claims dae us from the general govern ment, will more than counterbalance the interest due on these bonds. The interest due January 1st, next, on our State bonds, amounts ta $18,024 03, which will be paid at that time. There is also 847,327 20 of principal of State bonds due January 1, 1950. From our collections into the Treasury during this month, I trust we shall be enabled to pay all of the demands made upon the general fund, with the exception of a small portion of the bonds due January 1st, next, and these during the next month. The difficulty at the present time, in not having the means to send forward to pay these bonds promily at maturity, arises from the advances made to meet the interest due and past due on our State indebtedness during the last year.

While iba portion of the interest paid upon our State debt is raised by a tax levied and collected before it becomes due, a part of the interest, if paid

as it falls due, has to be met by an advance from the general fund before the tax can be levied under the present laws. This is a source of great embarrassment to the Treasury, and must increase under the present laws, as we are issuing bonds for internal improvement wrrrants, and the part-paid “five million loan” bonds.

I will report at an early day of the session on that part of my daties connected with the banks.

GEO. B. COOPER,

State Treasurer.

Treasurer of the Slute of Hichigan, in account with the State of Mich

igan.

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Ca. By am't paid during'

fiscal year on acc't $52,736 98 of general fund, $154,740 55 do int. imp’mt do

280,122 33 do contingent do 1,616 29 213,008 51 do State build’g do 1,793 9: 208,911 61 do treasury notes 17,918 72 burned,

246 00 10,233 67 do pri. sch. int. fund, 40,321 84 31,045 85 do Uni. do do, 11,397 27 10,741 80 do M C.R. R. C. d's, 1,066,38 1,850 84 do balance in treas. 454 06 Nov. 30, 1849,

55,597 47

$546,902 04

$546,902 04

LEDGER BALANCES, Nov. 30, 1849. Darla,

$55,597 47 General fund, $18,980 99 Int. Inır. fund. 251,213 38 Pri. school do, 175,250 06 Univ. int. do,

1,507 17 University do, 101,192 38 State build’g do, 1,886 88|Pri. school int. fund, 11,282 24

Contingent do.
M. C. 7. R C. dops,

2,550 51 Treasury notes,

941 00

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GENERAL Fuad.

fiscal year,

DR.

CR. To warr'ts p'd du.

By balance, Nov. 30, ring fiscal year, $154,740 55 1848,

$54,711 17 am't transferred

' receipts during to int. imp. fund, 75,947 411

213,008 51 “ am't transferred

to uni. in. fund, 5,559 92 “ am't transferred

to pri. sch’l fund, 11,490 81 “ am't transferred

to conting't fund, 1,000 00 Balance Nov. 30,

18,980 99

1849,

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fiscal year,

INTERNAL IMPROVEMENT FUND. To balance Nov 30,

By rec. during the 1848, $255,950 07

$208,911 61 * Warr'ts p'd du

“ am't transferred rir.g the fiscal

from gen’s fund, 75,947 41 year,

280,122 33 “ bal. Nov. 30th,
1849,

251,213 38

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CR.

PRIMARY SCHOOL INTEREST FUND.
Dr.
To warr'nts p'd dur's

By balance Nov. 30, the fiscal year,

$40,321 84 1848, “ balance Nov, 30,

"receipts during 1849,

$11,282 24

the fiscal year,
« am't transferred
from gen'l fund,

$9,067 42

31,045 85

11,490 81

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$10,741 80

UNIVERSITY INTEREST FUND. To balance Nov. 30,

By receipts during 1848,

$6,411 62

the fiscal year, Warrants paid

“ am't transferred during the fiscal

from general fund, year,

11,397 27

" balance Nor, 30,
1849,

5,559 92

1,507 17

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CONTINGENT FUND. "I'o warrants p'd during

By balance Nov. 30, the fiscal year,

$1,616 29 1848, • balance Nor, 30,

" am't tr'nsferred fr'm 1849.

7 72 general fund,

$624 01

1,000 00

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MICHIGAN CENTRAL RAIL ROAD COMPANY DEPOSITS, Po warrants p'd during

By balance Nov. 30, $1,066 38 1848,

$3,162 83 balance Nov. 30,

"receipts during the 1919, 2,550 51 fiscal year,

454 06

fiscal year,

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fiscal year,

STATE BUILDING FUND. *To balance Nov. 30,

By receip's during the 1848, $1,943 81

$1,650 84 “Warrants p'd during

• balance Nov. 30, the fiscal year, 1,793 91 1849.

1,886 88 $3,737 72

$3,737 72

TREASURY Notes. Dr.

Cr. To amount paid during

By balance outstanding the fiscal year for

Nov. 30, 1848. $1.187 00 treas'y notes burn’d, $246 00 ** balance outstanding Nov 30, 1849,

941 00

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