State Banking Department.. $14,814 20 1,862 15 4,634 04 500 00 106 80 Advertising-Asylum, Salt Spring and Dewey Asset lands.. 2,783 25 13 15 11 12 $222 38 THE NET RECEIPTS FROM DIRECT TAXES during the year were $1,575,228.69, determined as follows: Total payments to counties during the year (Table No. 13, page 18), amounted to: Old Law $1,892,351 70 $984 75 New Law.. 218,389 50 $219,374 25 97,748 76 Total deductions from the collections of the year... Giving for amount realized from direct taxation as above.... $1,575,228 69 317,123 01 INTEREST ON SURPLUS REVENUE, TABLE NO. 58, PAGE 79. This class of receipts amounted, for the year, to...... $40,152 34 8 25 9 35 70 6,605 58 40,152 34 UNEXPENDED APPROPRIATIONS RETURNED, TABLE NO. 44, PAGES 43 AND 44. The several amounts received during the year and credited to this fund (exclusive of $1,892,351.70, received in connection with the tax business), without being further itemized, were from the following sources, viz.: Commissioners of Deeds.. Notaries Public... Peddlers' Licenses. $78 00 . 3,469 00 2,879 59 Detroit & Milwaukee Railroad Lands, Trespass. Five per cent on Sales of Public Lands by the United States $450 00 2,975 29 Old Furniture, etc.. 10 00 3,432 75 333 43 2,073 45 $1,169 79 37 75 1,021 63 4.00 2,944 67 5,177 84 The amount to $14,354.52, and are for amounts carried to other funds. items which make up this amount, and references to the laws under which the transfers were made, are shown in table No. 3, page 6. THE CREDIT TRANSFERS amount to $150,883.58, and were made for reasons indicated in table No. 3, page 6. SPECIFIC TAX FUND, TABLE No. 14, PAGE 20. The State Constitution provides for the disposition of the Specific Taxes received by the State Treasurer. The amount received during the year was $947,171.66, the disposition of which is shown in Table No. 3, page 6. Table No. 51, page 62, shows, by classes and totals, the uncollected tax, June 30, 1888; the amount charged during the fiscal year ending June 30, 1889, and also such taxes as fall due in July, 1889, the amount due, and the amount paid in 1889; and the balance unpaid June 30, 1889. The receipts were from River Improvement, Railroad, Insurance, Plank Road, Express, Telegraph and Telephone, Mining, Freight, Sleeping and Palace Car Companies. RIVER IMPROVEMENT COMPANIES paid $1,112.90. Table No. 52, page 63, shows, by companies and totals, the unpaid tax at the commencement and close of year, the amount charged, the amount due, and the amount paid during the year; also, the amount of capital paid in. RAILROAD COMPANIES paid $715,526.66. Table No. 53, pages 64, 65, 66, and 67, shows, by companies and totals, the unpaid tax at commencement and close of year, the amount charged, the amount due, and the amount paid during the year; also, the basis of taxation. INSURANCE COMPANIES paid $146,498.66. Table No. 54, pages 68 and 69, shows the class and amount of Insurance Tax paid, and location of the companies paying the paid $18,859.50. Table No. 55, pages 70 and 71, shows the amount paid by each Plank Road, Express, Telegraph, and Telephone Company. MINING COMPANIES paid $61,193.87. Table No. 56, pages 72, 73, 74, 75, 76, and 77, shows the amounts by classes and counties; also, the basis of tax, the tax charged, and amount paid during year, and balances unpaid at commencement and close of year. FREIGHT, SLEEPING, AND PALACE CAR COMPANIES paid $712.45. Table No. 57, pages 78 and 79, shows, by companies and totals, the unpaid tax at the commencement and close of year, the amount charged, the amount due, and the amount paid during the year; also, the basis of taxation. PRIMARY SCHOOL INTEREST fund. As appears in Table No. 23, page 22, there was $865,667.43 paid during the year for the support of Primary Schools. Table No. 65, pages 88 and 89, gives the amount paid each county, as apportioned by the Superintendent of Public Instruction; also, the number of children forming the basis of such apportionment. OTHER GENERAL LEDGER FUNDS. The number and character of the entries are such that the details are sufficiently stated in all other fund tables without the aid of auxiliary exhibits. In the index accompanying this report, under the head of “Funds,” subdivision "Transactions in Funds for fiscal year closing June 30, 1889," will be found the page of each. MINING COMPANIES. Table No. 59, pages 80 and 81, is a summary of reports of producing and non-producing mining companies, which were received during the year, and shows the amount of capital stock paid in, in cash and by conveyance of property; amount invested in real estate; amount of personal property; indebtedness, unsecured or floating, and secured or bonded; amount due the corporation; product-copper, iron ore, and other minerals; also, pigiron manufactured-for each company. PLANK AND GRAVEL ROAD COMPANIES. The reports from Plank and Gravel Road Companies are summarized in Table No. 60, pages 82 and 83, and shows the year covered by report; miles completed; cost of road; amount borrowed; amount of all money expended; capital stock, paid in, expended; earnings, expended on road; receipts from tolls and other sources; dividends; reparation fund; indebtedness and net profits; for each company. SURPLUS SPECIFIC TAXES. The method of determining the amount of Specific Taxes in excess of the interest paid by the State, which is used for the support of primary schools, is shown in Tables 61, page 82, and 62, page 83. TRANSACTIONS BETWEEN THE STATE AND COUNTIES. Table No. 75, pages 102-105, 76, pages 106-109, and 77, pages 110-113, besides classifying the work detailed in the county accounts, serve as trial balances or test tables, by the use of which the several entries in the accounts with the counties are proved. Table No. 75 shows aggregates as follows: |