1846-Oct'r 1, To balance this day against the treasurer, exclusive of the funds under the direction of the second auditor, $511,745 51 365,805 36 113,277 06 4,688 45 4,210 74 $487,981 61 238,146 48 17,886 15 8,824 35 108,797 37 $373,654 35 220,936 80 79,906 90 16,264 60 6,364 84 $323,473 14 $136,925 91 Total amount of warrants issued by the auditor from the 1st October 1845, to the 30th September 1846, inclusive, Add warrant No. 4522, issued prior to the 1st October 1845, and paid after that day, Deduct warrants Nos. 1966, 4090, 4091, 4092, 15,605 28 136,925 91 $323,473 14 735,116 27 3 25 735,119 52 $ 6 12 issued prior to the 1st October 1846, and unpaid, 79 46 Paid by the treasurer, $735,040 06 JOSEPH JACKSON, Clerk of Acc'ts. Auditor's Office, 26th November 1846. JAS. E. HEATH, Auditor of Public Accounts. [ No. 5.] ESTIMATE OF THE PROBABLE RECEIPTS AND EXPENDITURES OF THE COMMONWEALTH, For the Fiscal Year, which will terminate the 30th of September 1847. PROBABLE RECEIPTS. Tax on lands, lots, slaves and other property, on licenses to merchants and others, and on various new subjects of taxation, founded on statement No. 3, (See Note 1,) Militia fines and arrearages, (Note 2,) Tax on law process and seals of court, and upon deeds and wills, (Note 2,) Register's fees, (Note 3,) Duties on tobacco shipped, and sale of waste tobacco, (Note 4,) Sale of waste and unappropriated land, Redemption of delinquent lands, 550,358 55 11,000 00 25,000 00 4,000 00 3,000 00 8,000 00 4,000 00 700 00 Sale of condemned slaves, (Note 5,) Sales of penitentiary goods, 3,000 00 Tax on dividends declared by banks and joint stock companies, Commonwealth's proportion of fees, under act for printing records of the court of appeals, 3,000 00 6,500 00 1,800 00 4,000 00 Dividends on bank stock held by the state, and interest on debt due from James river and Kanawha company, (Note 7,) Expense of the militia, including the salary of the adjutant general, (Note 2,) 38,500 00 7,000 00 3,700 00 8,200 00 16,000 00 29,000 00 3,000 00 19,500 00 1,200 00 Military school at Lexington, Public guard at Richmond, including the interior guard at the penitentiary, (Note 4,) 6,000 00 23,500 00 Commissioners of the revenue, and clerks for examining and certifying their books, 33,500 00 25,000 00 Expense of transporting lunatics to the two asylums, and of maintaining them in county jails, (Note 6,) 23,000 00 5,500 00 Repairs of armory, Appropriation to the Southwestern turnpike road, undrawn on the 1st October last, (Note 15,) Civil prosecutions, Vaccine agent, Public warehouses, Grattan's Reports, (2d and 3d volumes,) (Note 10,) For the purchase of Beirne's warehouse, (Note 11,) Judgments in favour of lieutenants Gay and Brown of the public guard for extra rations, Appropriation to the revisors of the Civil Code, (Note 14,) 500 00 500 00 500 00 3,300 00 4,000 00 1,460 00 1,626 11 8,140 00 10,931 01 100 00 6,000 00 70,000 00 For constructing a bridge at Beverley in Randolph county, on the Staunton and Parkersburg road, (Note 16,) Deficiency in the Fund for internal improvement to meet interest on the public debt, founded on second auditor's estimate, 175,000 00 238,178 35 $789,248 79 RECAPITULATION. Balance in the treasury on the 1st October last, exclusive of the sum of $167 88, belonging to the Washington monument fund, and exclusive of the specific funds placed under the management of the second auditor, Estimated receipts for the fiscal year, which will terminate on the 1st October 1847, Probable balance in the treasury on the 1st October 1847, subject to additional appropriations by the legislature, 136,758 03 805,039 55 941,797 58 789,248 79 $152,548 79 JA'S E. HEATH, Auditor of Public Accounts. NOTES ON RECEIPTS. (Note 1.)—The sum of $550,358 55, referred to in this note, constituting the basis of the estimated receipts for the current fiscal year, ought in strictness to be subject to a deduction of $117,902 64, that amount, consisting principally of the tax on licenses, having been paid into the treasury before the 1st of October last; but it has been the uniform practice not to make the deduction, because under existing laws the same or a proximate amount of the revenue of 1847 may be expected to be paid into the treasury before the 1st of October of that year. The uniformity in the operations of the treasury on this subject, may be tested by reference to the receipts of the last fiscal year, there being but a very small variance between the amount of license tax anticipated and the amount actually received. The statement to which this note refers, exhibits, when compared with a similar statement appended to the last annual report, the increase or declension of the various subjects of taxation. The land and lot tax has increased, and will always increase at the same rate of taxation, with the growing population and increased improvements of the state. Compared with the enumeration in the spring of 1845, the taxable slaves have increased in number 23, whilst in previous past years there has been a small gradual diminution. Supposing that the county of Russell, whose returns are still incomplete, contains the same number of horses as in 1845, there will nevertheless be a decline in the whole state of upwards of 5000. (Note 2.)-Near the receipts of the past fiscal year. (Note 3.)-Less than the register's fees received in the last year, but believed to be a sufficient estimate. (Note 4.)-Founded on returns already received from the inspectors. (Note 5.)-Less than the amount realized from the sale of transports during the past year; but as there was but one condemned slave in the penitentiary on the 1st October last, the estimate, although entirely conjectural, is believed to be sufficient. (Note 6.)-Balance due for the purchase of tenement on Main street, and rents accruing from public property. (Note 7.)-The dividends paid by the banks during the past year upon stocks held by the state, were as follow, viz: Bank of Virginia, Farmers Bank, Bank of the Valley, Exchange Bank, 12,512 50 27,750 00 59,416 00 (Note 1.)-Rather more than the expenditure of last session, but may probably be required. (Note 2.)-About the expenditure of last year. (Note 3.)-Altogether conjectural. (Note 4.)-The expense of the interior guard at the penitentiary during the last fiscal year was $1751. This expenditure is not properly chargeable to the public guard, though generally embraced in the same appropriation. (Note 5.)-The appropriations to the lunatic asylums must in some measure be regulated by the reports from those institutions. (Note 6.) This estimate of $5500 is less than the expenditure of the past fiscal year, which may be divided as follows, to wit: Maintenance in county jails, Transportation to Staunton, Do. to Williamsburg, Refused at hospitals, 957 96 3,261 82 1,358 17 193 20 $5,771 15 (Note 7.)-These are regular appropriations by law to the deaf and dumb and blind institution. (Note 8.)-This fund is annually declining. (Note 9.)-Rather more than the expenditure of last year; but the demands on the contingent fund are variable and uncertain. (Note 10.)—The second volume of Grattan's Reports has been paid for since the 1st October, and the third volume will in all probability be ready before the 1st October next. (Note 11.)-One third only of the purchase money for Beirne's warehouse will be demandable during the current fiscal year. (Note 12.) The appropriation for the construction of a new building for the courts at the seat of government was $12,000, of which $3860 was expended before the 1st October last, leaving $8140 for the present fiscal year. (Note 13.)-The act providing for the repairs of the capitol made no specific appropriation for that object, but from the best information I can obtain, I have assumed $15,000 as the very lowest sum which the repairs will cost. Of that sum $4068 99 was expended before the 1st of October, leaving $10,931 01 for the current fiscal year. (Note 14.) The sum of $6000 was appropriated last winter as the compensation to the revisors of the Civil Code, but I am not informed what portion of it, if any, will be required before the 1st October 1847. (Note 15.)-Of the sum of $75,000 appropriated at the last session of the legislature to the Southwestern turnpike, only $5000 was drawn before the 1st of October. As the road is under regular contract, the whole appropriation will doubt less be soon absorbed. (Note 16.) These appropriations were authorized by acts of the last legislature, and will probably be called for during the present fiscal year. (Note 17.)-This amount is made up as follows: One year's interest on old 6 per cent. military debt held by the Literary fund, Do. on 7 per cent. do. held by do. 1,442 35 22,230 00 Do. on 5 per cent. debt created to pay state's subscription to the Chesapeake and Ohio canal 12,500 00 Do. on $450,107 borrowed to pay state's subscription to the stock of the Exchange Bank and 27,006 00 $ 63,178 35 JAS. E. HEATH, Auditor of Public Accounts. |