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Show F:j THE GOVERNOR'S MESSAGE f" ' Governor Spry's message to the i Hj state legislature Is a documeut o( 17.- HI 000 word?, and, not to tire our readers HI hy presenting to them at one time I aneo a fnrldddine ta.k a the digesting of the entire document, we have de-H de-H cldd to take up the state paper by H ' divisions, review Inc each aubtert edl- H torially until the entire message la HI covered, which, will be within the next few das Some Saturday n( may publish the whole message. The governor opensvvith a fiuancial j rerlcw of the 6tate revenues .as. fol- i Purine the r-f-r 1011 the revenue of i the state from taxation was $1,490." J 906.70, derived through an g-mill lex y nn an assescd valuation of $1!M.3G4.-I $1!M.3G4.-I fitin. For the ear 1012. on an ass-osed ass-osed valuation of $200,299,207, the state will rccehe 11,441,164.32, based on a levy of 7 1-2 mills, allowing per cent for uncollectible taxes, etc. The state revenue from tax sale re-demptions re-demptions on sales made prior to 1912, during the years 1911 and 1912. was I47.SII.90, making a total revenue from taxation for the years 191 1 and H 1912 of 12.980,593.92. Of this amount the stato receives for staU purposes I $1. If 3,009.74. the balance l,797,6S4.i H- lfc being apportioned to the district schools, the high schools and the high-er high-er educational institutions. For the ears 1911 and 1912 up to November CO, 1912. the stato received as gener- I revenue from sources other than taxation (and exclnelYe of the public lands funds and Income to certain spc-1 cial funds) the following: Fees state officers $ 406.361.54 R Inheritance taxes 1,290,270.27 Other sources 42.227.18 H X Making a total or l,7i8,5l.99, mk V which added to lu share of the re- BSf I eeipt irom taxation ($1482,009 74) I ' ft makes a total of 82,921,989772 for the ife for general state pnrposes. 1 no ' actual expenditures to November 20, I '4 1912, were $2,327,584 I 2 leaving a dif- ferenee of $r.S4.384.61. Under direction direc-tion of law and puraaanl to legisda- Uve appropriation there la cl to be V, expended during the calendar vear 1912 $425 OPn. and the balance ol (the capltol appropriation of 8740,000 must be regarded as an expenditure ) yet to be met from the general funds of the state During the month of December, after the close of the fis- ' cal year, certain moneys were cred- i j lied to the general revenue of. the P state, received from sources other than H I taxation, so that r lb- end o. the cal- Hu endar year 1912 it will doubtless de- l plop with the settlement of all ac- I j counts that the expenditures for the I I i calendar years 1911 and 1912 will ex-I ex-I ceed revenues. I : From estimates furnished on re-I re-I ' quest of the stntc auditor from the L- heads o( departments, state insiitu-P insiitu-P Hons, etc., the estimated expend! - tures lor calendar years 191'; and 191 I H will exceed the estimated revenue $1.- Ih 188,27s 16, the .-xtlmated expend II i I ; being 83.257.435.28. while (hp esti- I mated revenue is 52.lul.157.l2. Bfc The total expenditures from the H general fund lor the fiscal years 1911- A " 12 aggregate 2. 327. 584.12. the eetl-K eetl-K mated expenditures fo ihp calend.tr I ears 1911-12 as per auditor's report m ' lb for 1909-10 were $2,991,511.25. but tak-1 tak-1 9 Ing account of unexpected balances r-" December 1. 1912, which will he ex- H pended during December of TM2, anJ H later, the estimated rxpendlture? for H the years 1911-12 will fall short of ; , the actual expenditures. H From the foregoing statement yon H wi" observe that of the entire fa:; H revenue of the state for the vears ! 1911-12 ($2,98098.92) 81.797,684.18 H was devoted to the district schools H nd high schools and to the hlgner HI educational institutions as a mainte- I f ZL nance fund TIk- legislature of 1911 I appropriated rrrtain sums for ednca- BhI 1 !r llon1 niirrw3pq In nrlHitlnn tn thr H at,'-' above, for tne university, the Agrl- H cultural college, incli.diug the poer H plant, farmers' and domestic science K institutes, agricultural demonstration. H ft,-: flc, the branch norma', t h- school B, for the daf and blind. Industrial HI school, school for feeble minded and Hi , nate aid to certain school districts, H ' of wnlcn together with defif its and H purchase of land for certain of the H "77 pducational institutions approximate B $185,000. making a total of $2,882,684 - B Is! devoted to education from a total B tax revenue of $2.90 59". 92 and this H calculation is exclusive of the pro- B I edi of a $200,000 bond issue ap- B propriated to the university for a cen- B tral building B That 1 may present this matter to B j '7 you concretely, permit me to summar H ize The following statement segTe- H gates income and expenditures on the H ralendar basts, except as to expendi- Bj tures for nchools, which are mode dur ing school year periods: General taxation income !9n $1,490.906 70 General texetton imome il2 1,442.154 32 Income from tax sal.' re-demptions re-demptions on sales made prior to year 1912 47,582.80 Total from genefl tAxei.$2r980.59 15 Credited to district school fund (3 mills i high srhool fund (1-2 mill) and University of Utah. Agricultural college and Branch Normal srhool (28 per cent of balance remaining! 1,797.584 18 Balance for general state purposes $1,183,009.74 Appropriations hy legislature of 1911 for educational purposes 1911-1912 1911-1912 Power plam. Agricultural college with deficit $ 60.000 o0 Gymnasium 50,000.00 Farmers and Domestic Science Institutes ,. . 89,000.00 Agricultural demonstrations demonstra-tions 30.000.00 Pan Kul tch experiment station sta-tion 2.500 00 Stat hourd of education 1.200.0" StHir School for Deal ami Rlind 91.750 00 I'niversity of Utah 6,600.00 K'-anrb Normal school ... 1.350 O" State Industrial school .. 146,000.00 School for Poebre-Mlhded 80,000.00 Aid to certain school districts dis-tricts 10.000 00 j Expended by board of examines ex-amines from nind appropriated ap-propriated for purchase of land for state Institutions: Insti-tutions: State School for Deaf and Blind 7426.80 University of Utah 1.575 on Industrial school 18,176.00 Deficit for land 7.000.00 U. of U. deficit 8,860.00 Interest on university bonds. 1912 12.000.00 1 Total appropriations ..$ 485,725. SO 1,188,009 Tt Balance remaining for all other slate purposes pur-poses $ 097,283 94 With (he less than 25 per cent ol the general tax revenue remaining and with revenue from sources othr than taxation, the state has maintain ed all state institutions other than educational, ed-ucational, all state departments and met the Incidental expenses of gov- ernment. including t'o setting aside of redemption funds and the interes. on state bonds, as well as provider the funds for road work. Since the 1911 session bond Issues of $260,000 for road bonds and $300.-000 $300.-000 for construction of University entral building hae been negotln: ed. bringing the total bonded Indebtedness Indebt-edness of the state to $1.2ln.oeo, as ' follows: 1S9; series No 4. dated July 2. 1898, 4 per cent. $200,000. 1&9S series No. f. dated September 1. 1898. 3 1-2 per cent. $150,000. 1900 series, No. 6. dated July 1. 1900, 3 1-2 per cent. $300,000. j 1911 series. No. 7. dated luly I 1911. 4 per cent. $26o. 1911 series. No. 8. dated July 1, i 1911. 4 per cent. $300.ono. These bonds necessitate annual interest in-terest of $45,400 and toward their re speetlve redemption funds there must be set aside at ibis session $130,000. The legislature of 1911 authored the refunding of the territorial bond issue or 1892 in the sum of $250,000, falling due July 1, 1912. the proceed to be set aside for capitol building purposes The board of loan commissioners commis-sioners paid and retired this Issue it maturity, saving to the state the $6. 250 appropriated to cover Interest on the reissue July 1 to December 31, 1912. This action was taken for fie reason that there was no tmtnedlatc. necessity lor the funds for capitol building purposes. None of tbe bonds authorized for the capitol building have been issued by the board of loan commissioners and none will be Issued, Is-sued, until tbe actual necessity arises therefor. I have every reason to believe be-lieve that by careful management the necessity will never arise. In addition addi-tion to the savings enumerated, tho board has maintained (he Investment of the public buildings fund, so thai instead of converting the securities, as authorized and directed these funds are still earning Interest for our public buildings. In connection with the handling of tbe capitol funds I am pleased lo state lhat the 2760,000 appropriated ror capitol building poroses has been left In the general fund account end checked against by the capitol rom mission only to meet the prelimm.ir expenses of the capitol building. Thr-presence Thr-presence of this large amount In the general fund has enabled the state to CondUcI its business on a cash basis and obviated the necessity of meeting the expense oi temporary overdrafts a necessity which arose rfuring a portion of every calendar ear since statehood pm.r to 1911 B reason ! this arrangement the $10,000 appropriated appropri-ated In 1911 to cover interest on overdrafts over-drafts remains Intact The road and university bonds were not issued until November is and December De-cember 17. 1911, four and one half and five and one-half months, resper-j resper-j tlvely. after their authorization, and then only because the ahsoluie neces-'sltj neces-'sltj had arisen for the proceeds in meet I pi obligntlons already contracted contract-ed in promoting the objects for which the bond Issues were authorized. The bonds were sold al pai and accrued Interest, so that S9.."i00 of the ISS.000 appropriated to meet Interest July 1. 1911, to December 31, 19il remains In the treasun The governor. at f.nsiderab!e length, explains ih;ii th capitol bonds irere noi sold. nltboURh authorized. throush his recommendation, by the last legislature, even after the Har-rimtfn Har-rimtfn Inheritance tax made a bond Issue unnerpHRarv . but be does not slate why It was necessary to Issue the road bonds and I'niversity bonds, with large sums of monev available at tbe time they were authorized. The governor undertakes to lecture the neople for falling to vote the amendments to the constitution providing pro-viding new methods of luxation. This is presumptuous on tbe part of the governor. The people arc not to blame, as some of the things recommended by the governor in the past have pro.--od to be serious mistakes The go.-ernor go.-ernor urged the Increasing or the limit Of taxable property from $200.-OOO.OuO $200.-OOO.OuO lo $400,000,000; within Which the S mills state lax could be maintained, main-tained, knowing well that, with the inheritance tax, there was no jusll-inanon jusll-inanon im keeping up such a high rale of taxation That the people, after af-ter that experience distrusted ttu governor is not surprising, and that the would vote down his administration's administra-tion's proposed amendments and thai they would refuse to accord him a majority vote of confidence in his own re-election was to have been expected ex-pected The governor must look to himseir and his shortcomings lor nn explanation of these displeasing acts of the people. |