Show r i TE FINANCES 7 HOW BALANCE t t OF M tors to s Report Gives Greater I T r an and Expenditures t Than an Ever Before addition addition to tho regular expense ao jfe e e state government more lias as s expended exp for the and andral a d dal ral al al good of ot the during the two wo fiscal years than In to any two outs UIS years and yet at the close of at ber 30 JO 30 1912 there thore was as a n greater co e on on n hand with which to begin k transactions of or the tho ensuing bim bl- bl pm m than has over ever before been In fn the tho history of or the state Is s a IB Is the assertion made by Auditor 4 Jesse D D. Jewko Jewkes In reto reto reto re- re to the financial condition of at Utah to close of tho last biennium In n his lal report filed yesterday with re receipts for tho the two two- years from including including- the balances id d over from tram tho the biennium clos- clos 30 1910 amounted to 16 The disbursements rated to The cash on onLin on lit Lin the treasury on 30 0 t ver er er and above aboe the amount I to redeem all aU outstanding outstanding- warI war- war I amounted t to result the state begins the pre pres- pres with almost a million half dollars In cash to its credit cre which the auditor has hns not been recorded before In of the thc state tho balance balanco on hand almost a fL an an n n dollars or 12 to bo ox- ox tho the balance In tho general fund which the general operating cx- cx of at the are aro paid Is called by the auditor yer yer to tho the fact tact that alread already have sex ses been provided for expend expend- that wIll take up all aU the id d d balances especially that in the theal theal Jal al fund as well welt as the amount to and placed to the credit of or fund front from the collection of or taxes yet et due t Revenue Ret for 1012 Token Taken o. o report shows show that of tho the by the legislature for the theIon theion Mon Ion of or the state state capitol building Is 1 yet to be th spent I W V V Y Y tJ VJ V Va 3 V V VV V fc IB a for oc ih the r last t q quarter quarte rt of r 19 1912 21 o. o and andr d r purposes will exhaust all of the revenue from 1912 taxes and sources to be credited to the gent gen- gen t together tog with the balance balanco shown In that tun fund says sas the roo re- re 0 o receipts from all sources ot of f balances from 1910 uno amounted Of th's amount 3 was as placed to the credit of or jeneral fund fun in n which was ind ind ind in- in d appropriated by the thed d States government to the Ag- Ag tural college je e principal sources from which sed receipts were ere collected are aro aron aren irn n to be Inheritance taxes sale ale of ot B bond hond Issues for the construction ads and for tor the erection of at a cento cen cen- to building building- for tor the University of ot I being received from irom the tho theor or lor and from the latter jo o 0 amount of inheritance taxes red red re re- re i d in the two years roars was 1290 57 1 1 being belnE 16 moro more than r received during the previous bim bi- bi m and IO more than in Ehe he lime of or statehood previous to toast last ast 10 S e receipts front froh the principal tees ees cas of at revenue other than those and the amounts from each is s follows From brom taxation for all oses exclusive sl e of ot state bounty 62 land lantI grant funds 1 fe fees s from state stale officers 54 f the total disbursements of JG 6 6 the general fund contributed of which went he e Agricultural colle college e after being ved ived from tho United States gov- gov ov- ov ent nent addition to tho the regular expenses the purposes for which greater expenditures oer o'er were o made mad B r f of ot i the tho public district pis le IB state Institutions state road ruction redemption of 1892 r. r bond investment of ot land grant funds rious securities and state bounty for lor Vert Nt Two T Yearn lug Ing his calculations for tot receipts e o bIennium 1914 1913 on the tho his his- Jot of receipts In the J past the auditor ates the receipts for fOl the present alum at exclusive of required to meet expenditures will necessarily ho bo mails made In 1913 tI the unexpended appropriations he the years 1911 The estimated Irementa for fol 1914 1913 as shown hown he estimates B of the various demont domont de demon do- do mont mon heads is 3 Thus otal estimated demands above the tho revenues ro Is and auditor suggests that some prun- prun on the wants of ot the tho departments department B s will be nece necessary to keep tho the log fug expenses for the two ensuing 5 within tho the limit of income e assessed valuation In the state e last two years was as follows 1912 Increased valuation valuation a of or 1912 over I is ts The auditor says In in his opinion the assessed Is s far tar too low and the rate of at too high Ho believes the tha Inter- Inter of ot the state would be bo better belter sub- sub z d If St the assessed valuation wore wera Eo o 0 cash value which he believes beHoves d dV bring It to to 0 about the rate of at lov levy correspondingly corr ased eased o 0 auditor says the decrease in tho for tor the state of or i mill was great- great but for lack of ot Increase lessed valuation thero there was a a. In the states state's share amount amount- to o 0 last ye year r as us compare compared 1911 o total bonded in indebtedness of is In five series ring In twenty years ears from tho the theof jot of Issuance of ot each series aeries There I I been set et aside for tor red redemption of ot e bonds and the tho auditor eats ests that provision should hould be made investment of this fund that Int In- In tt it t ma may be he received on It and placed placedo 10 o 0 credit of ot the general ral fund le o auditor recites that the board of oC t commissioners has not been reto roto roto ro- ro to secure an any loans during tho the V two 0 years and a bond Issue of or jOK was WaH retired d without the tho ne ne- ne of ot issuing IssuIng- new coupon bonds to I accomplish It It I The auditor expresses regret at defeat defeat de- de defeat feat at ut the last election of or the proposed pro pro- pro pro-I j posed amen amendment ment which had for Its purpose the securing of Interest on dall daily balance of or state money Ho HI says that as treasurer elect ho has done and antI proposes to do o all he can legally do to seo sea that the thc state receives some somo buno benefits its from Its ts funds deposited with I toe the banKs I t In relation to bounty bount claims the auditor says that there are already advices of unpaid claims that will be sufficient to eat cat up the appropriation for tor the past term an and for tor the ensuing and ho lie believes the present bounty law should either be he repealed or tho the auditor auditor au au- au- au should be authorized to give notice no no- tice to county clerks to cease issuing certificates until tho following fallowing year when the limit of ot appropriation is reached In un any year ear It is suggested t that ha t if a a. boun bounty ty law is to be continued con con- that the legislature endeavor to secure uniform count county laws in the tho ad adjoining adjoining ad- ad joining states to prevent fraudulent claims Considerable extra work and trouble was caused the thc department t by lIy the law requiring reregistration of ot marks and brands and no provision was made for the trip cost so that It had to bo be borne out of the auditors auditor's contingent fund leaving a deficit of at 2800 2800 in the auditing auditIng audit audit- ing department for tor which he lie has to ask an appropriation It is recommended mended that only such number of at pamphlets a of marks and brands be I printed AS is are needed and that the auditor be bey bet permitted to keep a small supply on I hand for tot salo sale to private parties patties I Accounts Account Are Imperfect I On settlements of ot tax sale accounts the state has received In the thc past two years but there but there Is Js still due the state He sa says s 's It t will require diligent effort efron for tor the next two years ears to get an accurate knowledge knowledge knowl knowl- J edge u of or tho the condition of ot tax sale ac- ac ac ac- in me tile various counties because I. I the records have not been kept up properly in many places It is recommended recommended rec rec- that the law be amended requiring morn marc accurate and prompt Calling attention lo to th the thu greatly Increased in increased In- In creased work In the office oHice the Ule auditor recommends that he be allowed two additional competent deputies and that the tho law creating a state tate examiner of public accounts which has never been filled tilled be repealed and that the duties of at that office be placed upon the thc auditor who shall bo be required to furnish uniform systems for accounting account- account 1 ing F and making reports i m The 1 he auditors auditor's report consists of seventy pages of ot tabulated figures In addition to thirteen en pages of introductory Intro Intro- matter and recommendations The tables show In detail what is hI recapitulated re recapitulated recapitulated re- re capitulated and boiled down in the In Introductory trod A table on appropriations appropriations' by the Ninth legislature shows tho total appropriations ap ap- to have been Of or this there has been expended the sum of ot leaving an unexpended unexpended balance balanco ot of of Warrants War ar rants outstanding at at the time beginning beginning- of the tho l last st biennium and Issued during daring the term amounted to 77 Warrants rede redeemed med amounted to 6 6 leaving an outstanding balance of ot ji I Valuation I The The- table on assessed valuation of of property in the state shows the theal valuation val val- divided as follows s Real estate improvements improve improve- ments merits personal property prop 18 assessment of or sugar water and mining companies Included d In this total railroads 31 telegraphs telephones I express companies 18 1582 18 r power companies net proceeds proceeds proceeds pro pro- to of ot mines 7 1 2 cur car companies companies com com- A 71 total The asses assessed ed valuation of or live stock 4 follows Horses cattle 36 3 6 sheep and goats swine colonies of bees 51 total t 5 Tho The assessed valuation of personal property follows Merchandise hse and store fixtures lIO llOr machinery tools etc mone money solvent cre credits etc personal not otherwise enumerated total Another table shows the total valuation valuation of at t taxable property In the state Italo me use gross tax gain gam or Io loss JOBS s in tractions fractions net tax charged amount collected and I balance still due the state as us follows follows- s Total valuation exclusive of car j companies companies gross tax 1 1 1 21 gain and loss in fractions tractions I 1113 net tax charged amount collected 0 O balance duo state Tho The bounty bount tax schedule shows Net I tax charged chars amount re received re- re received I balance balanco duo The Tho apportionment of school funds i 1 for tor tho trio two years was OB as follows 1911 district school funds interest Interest interest inter Inter- est and rentals l 6 O 0 1912 district dis dis- district school chool funds Interest r and antI rentals total 1374 These amounts were pal paid out i to tho the different counties I Several pa pages es of ot tabulation are devoted devoted de de- voted to Itemized statements of financial financial financial finan finan- cial accounts account of or the tho last legislature E Estimated Requirements ments I Tho statement of estimated requirements requirements require require- ments for fOJ state stat purposes for the 1 present present pres pres- 1 ent biennium follows Le Legislative executive department department depart depart- ment secretary of ot 27 1 I state stale auditor marks and brands 1500 state examiner of ot public public pub pub- lic accounts bureau of at ra and statistics treasurer attorney general coal i s smine mine mino Inspector state bank examiner ex- ex dairy and food tood commissioner commis- commis I dairy and food tood bureau wel weights and measures state chemist insurance commissioner com cont- missioner state engineer 64 state live stock Inspector I J jud judicial department nt reporter t s of decisions district courts 12 district court stenographers to the several eral counting counties state lule boards hoard board o of I I o equalization board of pardons hO hoard of or health 00 Horticultural horticultural horti Horti- cultural commissioner board of land commissioners 7 OO board hoard of or I education 3 OO state board of ot exam exam- exam exam- In leers iners rs state boars board o of loan commissioners com com- missioners 1 national guard of Utah juvenile court school for tor deaf eaf and blind state board of or corrections state stat mental hospital University University Uni Uni- of oC Utah and b by spa spa- I cial appropriations branch I normal school chool Cedar City and J 1 special state Industrial industrial In- In school agricultural college c. c 11 Utah lair Fair nt- nt as 1 sedation members stats stat i t hoards boards contingent expenses SOO to the tho several counties sheriffs sheriffs' expenses etc ate artesian wells 1000 state llato roa road commission appropriations appropriations carried by special laws deficits for refunds 6 to certain curtain counties bounty 1 certificates cel making l a a. grand grand- total I Of S. 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