Amount of cancelled Auditor's warrants, interest on the same, and school certificates received monthly, and returned to the Auditor's office. STATEMENT of the annual receipts and payments of Interest, and Insane Hospital tax funds, from the first day of December, 1845, to the 30th of November, 1850. BIENNIAL REPORT OF THE AUDITOR OF PUBLIC ACCOUNTS, OF THE STATE OF ILLINOIS. AUDITOR'S OFFICE, ILLINOIS, To the General Assembly of the State of Illinois: I have the honor to submit the following report of the receipts and disbursements, during the fiscal term ending November 30, 1850, with such other tables and statements as are deemed proper; which are presented in the following order: 1. A statement of the receipts and expenditures. 2. A general statement of warrants drawn upon the treasury. 3. A detailed statement of warrants drawn upon the contingent fund. 4. A detailed statement of warrants issued, showing on what appropriation, and to what account charged. 5. A statement of the school, college, and seminary fund, and amount of state indebtedness purchased. 6. A statement of the redemption money, received from minor heirs. 7. A statement of the treasurer's account. 8. A table showing the condition of the state internal improvement lands. 9. A table showing the condition of the public lands. 10. Appendix, containing a comparative statement of the assessments in the several counties for the years 1839 to 1849, inclusive; also the amount of interest on the school, college and seminary funds, paid for said years. In making this report to the general assembly, it affords me pleasure to say that the finances of the state are in a more favorable condition than they have been for some years past. The insufficiency of the revenue to meet the liabilities for the ordinary expenses of the government, for some years, has subjected the state, as well as individual creditors, to a heavy expense and actual loss, by the depreciation of warrants drawn upon the treasury. Articles furnished, postage bills, and work done for the state, had to be paid for in cash, or its equivalent, and the state, paying in warrants, had to pay an advance of from ten to thirty per cent. over the cash value of the articles furnished, or the labor hired. The treasury being now in a condition to meet all liabilities for ordinary expenses, it is to be hoped that it will continue so, and that such a state of affairs will not occur again; and that such a degree of economy in the public expenditures will be observed, as will not only enable the treasury promptly to meet the expenses of the state government, but, in a short time, justify a reduction of the taxes levied for that purpose. The receipts of the treasury during the last two years, exceed the amount of expenditures during the same time $76,053 00, and the outstanding warrants, and scho I certificates on the 1st day of December, 1848, (after deducting for error in the amount of certificates reported,) amounted to the sum of $64,633 06, leaving a balance in the treasury, after paying the warrants and certificates then, and now, outstanding, of $11,419,94. To that amount may be added the sum of $20,000 due from collectors on accounts of 1849, and prior years, which, it is estimated, and expected, will be collected in a short time. A large amount of the balances remaining unpaid on the revenue and special state taxes, as shown by table annexed to this report, will, it is feared, be finally lost. The collection of a large portion of the balances due may, at least, be considered doubtful. STATEMENT of Receipts and Expenditures from the 1st day of December, 1848, to the 30th day of November, 1850, both days inclusive. RECEIPTS. Taxes collected and paid over by collectors on real and Taxes on forfeited property, collected and paid over by clerks of county courts, for revenue purposes, Amount paid into treasury for hawkers' and pedlers' li Amount paid into the treasury for tax on insurances, Amount paid into the treasury for fines imposed for pedling without license, Amount paid into the treasury for rent and insurance of the Quincy House, $32,736 74 189,288 33 171,034 89 1,043 57 1,687 50 1,269 68 150 00 3,300 00 Amount paid into the treasury for seminary lands sold, Amount paid into the treasury on account of escheated lots in Lewistown, (after deducting $2 50 paid for advertising sale, &c.,) 1,571, 06 97 50 402,179 27 EXPENDITURES. Amount of warrants drawn upon the treasury for the Amount of interest paid on old warrants Total amount of expenditures, 137,196 16 78,436 90 4,618 98 176 15 105,698 08 326,126 27 Revenue received into the treasury over the amount of disbursements, 76,053 00 SPECIAL TAXES. Amount of interest fund tax received into the treasury, as shown by the treasurer's receipts, from the 1st December, 1848, to the 30th November, 1850, inclusive, Amount of interest fund tax paid out during the same time, 296,326 89 263,034 50 33,292 39 Amount received over the amount paid out, Amount of Insane Hospital tax received into the treasury from the 1st of December, 1848, to the 30th of November, 1850, inclusive, as shown by treasurer's receipts, 40,318 43 Amount of Insane Hospital tax paid out during the same time, $43,840 19, from which deduct the sum of $3,518 39, as per report of 1848, 40,321 80 Amount paid out over the amount received, $3 37 |