Rensselaer Republican, Volume 27, Number 21, Rensselaer, Jasper County, 17 January 1895 — STATE AUDITOR'S REPORT [ARTICLE]

STATE AUDITOR'S REPORT

Auditor of-State Henderson has filed his ourth annual report with the Governor. The new tax law is indorsed. The report hows that on April 1.1893, bonds amountng to 8340,000 were taken up, and. on the tune date the year following 8370,000 was etired and on the lirst of last November eco,ooomore was paid, making .a tqtti) reluction of the debt of 8010,000 since the tho- list Geniarit Assembly. On, (larch 1. this year, 8400,000 3ji- per cehfei> rill fall due. and 8100,000 of this the Inance board hopes to puy. 'On the if the., month following 8385,000 3t£ per ents. will matnrd, and May 1 8500,010 tiore wfll bocomadue and- payable, mak- < ng O. . 8400,00j0 rhlch wipes out a series that will bo paid lan. 14. that will have to be refunded. Che sinking fund for the gradual ,’ulshment of the public debt which the Jenera! Assembly created two'yeafs ago in the recommendation of Auditor Honferson, he now recommends should have t levy of 4 ccntsinStead of 3. Tho Auditor •Jalms that. If tho taxable value of the State remains the same, a reduction of 2 »nts in tho levy for general fund purposes tan bo made and yet leave a balance for ihe years 1896 and 1897 of 8354,360.33 in tho general and 8249,300.33 in the benevolent nstitution fund, the levy for the first bong now 10 coats, and for the second 5 wnts. Tho report shows that since 1873 die State’s receipts from insurance com* janlcs have increased from <2,162.39 to 1140,263.7 A There are now 16 homo and2l3 'oreign insurance companies doing busiless in tho State. The past fotlr years’ ,'eceipts from the insurance - companies tggregute 8484,249.86. Spring Mr. ,ilenlogon’s terip he .has blacklisted' arid irlveri from the State tl|& woHbidss Aria

tr responsible dompantos.r Several bfithpsc. iliows: .mdl Should tho value of property for taxable pfWiuuWty arfcln .vMtas&mtihd'twif aiMadfth sK*e«iHflidAJ tuaiui«aaUfidM lig fit"atl» Tor I dually necessary to pay Abe. permanent 1 dicers, departments bn Interest on the public debt, it will reiilro the sum of •2,064,U5d, leaving v basEnce of M 8,833. 3Z.,