do $50,000 by do Full-paid five million loan bonds paid in by S. R. R. Co., $35,000 00 at 22,891 55 10,000 00 9,800 00 Interest bonds, due January, 1850, redeemed November, 1849, 2,652 09 ding exchange, &c., 19,335 32 Interest paid on Detroit & Pontiac R. R. stock, inclu. exchanges, &c., 27,026 40 Palmyra and Jackson do do do Internal Improvement warrants bonds,, Interest allowed on Internal Improvement warrants paid in, Iaternal Improvement warrauts paid in by S. R. R. Co. and for 5 478 00 5,123 84 asset lands, &c., Treasury notes cancelled, Interest on above, Land warrants, received for Internal Improvement lands sold, Expenditures from Internal Improvement Fund, IV. PRIMARY SCHOOL INTEREST FUND. School moneys apportioned, Expenses Superintendent Public Instruction, Land office, improve ments at Lansing, and appraisal of forfeited school lands, Double payment of interest refunded, Expenditures from primary school interest fund, V. UNIVERSITY INTEREST FUND. Interest on University bonds, Paid Treasurer of University, Expenses Superintendent Public Instruction, charged to University, Survey and sale of University lands near Toledo, Ohio. Expenditures from University interest fund, 13,805 8 246 0) 36 62 124,334 94 $230,368 33 $39,382 95 1,025 14 14.00 $40,422 69 $6,060 09 5,096 27 39 84 201 16 $11,397 27 Pay of members and officers of Legislature of 1849, Legislative printing* and publishing laws and legal notices, Printing paper, Appropriations to sundry persons, $31,042 60 10,328 91 4,151 25 8,186 40 $53,709 16 *Under Act No. 74, 1849, twemty per cent. of the amount due on legislative printing for the year 1849, has been retained, and is not payable until after the first Monday of January, 1850. The amount thus retained, is $1,614 71, and should be added to the above to show the actual cost of printing for the year. Transportation of arms, &c., R. Manning, balance counsel fee in suit against D & PR R Co, J. E. Schwarz, transportation and storage of arms and building gun-shed, P. G. Huydenpyl, translating Governor's message into Dutch, $204.00 31 25 50 00 110 01 50 00 Clerks in Executive office, 45.00 J. E. Schwarz, transportation of arms, 12.50 Winchester & Abbott, reward for apprehension of criminal, 500 00 Emigration Agent, 250 00 do 252 50 C. ESTIMATED ANNUAL REVENUE, Under existing provisions of Law in regard to State Tax, &c. Annual state tax of 24 mills, Tax for interest on state debt, under act No. 73, 1843, (▲) $72,500 00 13,061 25 do do under act No. 173, 1848, (B) 20,000 00 Office charges on taxes paid and lands redeemed at State Treasury, 2,500 00 4,000 00 Ten per cent, or average of 6 months' interest on lands sold to state at tax sales, 2,500 00 Average of 9 months' interest at 10 per cent, on sales state tax lands, (c) 1,000 00 Interest on unpaid instalments due on sales of salt spring and state building lands, 1,863 00 Rent of dwelling-house at Capitol, Lansing, $150; lease of part 262 00 $144,236 25 (4) This estimate is based upon the calculation that the State Treasurer will be able to meet all our outstanding Interest bonds, due January 1, 1850, which, however, is doubtful. (B) This is liable to be largely increased, as the balance of our outstanding Internal Improvement Fund Warrants and part-paid bonds become funded. (c) A large share of this and the two preceding items may be considered counter-balanced by loss on unsaleable state tax lands, for some years yet, although that will not hereafter be as heavy as the average loss on sales of twice offered state tax lands at the last tax sales, which included seven years, or from 1838 to 1844 inclusive. D. ESTIMATED ANNUAL EXPENSES, For State Government, Interest on State Debt, &c. Legislature in 1850, and Convention, (A) including printing, &c., $40,000 to $50,000 00 Executive, State Offices, including stationery, postage, &c., 11,000 00 Judiciary, including Attorney General, Reports Supreme Court, &c,, 10,000 00 Expenses State Prison, over convict earnings, 2,000 00 Miscellaneous-viz: wolf-bounty, district canvasses, fugitives from justice, &c., 2,000 00 Interest due Primary School Fund, (annually increasing,) 12,500 00 do do University Fund, do 6,100 00 on funded debt, deducting amonnt due from SRR Co, and exclusive of Interest bonds due Jan. 1850, Interest due on Int. Improvement Fund warrant bonds, yet to be issued, 21,211 54 Intertest accruing annually on part-paid bonds, until funded, 4,800 00 64,136 38 391 74 $184,139 66 (A) After 1850 or 1851, annual legislative expenses will probably be $20,000 or $25,000, or less. |