A View of the Fiscal Concerns of Connecticut.
Capital Funds of the Civil List.
Dols. Cts.
Funded 6 per cent. Stock, (real capital) - 209,273 83
Deferred --do. - do. - do. - - 148,632 83
Funded 3 per cent. do. - - - 50,038 11
Bank Stock - - - - - 44,725
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425,669 77
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School Funds.
Bonds collaterally secured - - 1,020,542 27
New Lands received in payment of
School Bonds, price at which received, 194,000
Funded 6 per cent. Stock, (real capital) 14,048
Deferred --do. - do. -do. - - - 5,455 7
Funded 3 per cent. do. - - - - 4,570 95
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1,238,617 29
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Annual Expense of Government.
Viz.
Salaries of Executive Officers, - - 8,630
Debentures and Contingent expenses of
the Legislature for two Sessions, - 17,100
Debenture of the Supreme Court of Errors, 550
Judicial expenses, - - - - 6,100
Expense of Newgate prison, - - - 4,000
Charges of Paupers and Vagrants, - - 4,500
Allowance of 2 dollars on the 1000 of the
list being a draw-back from the State Tax, 12,000
Contingent Expenses, comprising all other
charges of Government, - - - 6,200
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59,080
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Means for defraying the annual expense of the Civil List.
Viz.
Annual Interest on the above-mentioned Stock
appertaining to the Civil List Funds, 26,553 54
Duties on Civil Processes, - - 5,700
Annual Tax of 7 Mills on the Dollar,
neat amount, - 35,700
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67,953 54
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N.B. One eighth part of all the State taxes and one tenth part
of all rateable polls are abated for the relief of the indigent.
The yearly Interest of the whole School Funds
would be - 74,179 88
Deduct the Interest on that part which lies
in lands, and also on those Bonds whereon
Interest has not yet commenced, amounts to 7, 324 12
N.B. Several Bonds draw Interest in present year,
which were not on Interest last year.
And the whole present annual Interest will be 66,855 76
Add to this the allowance of
2 dolls. On the 1000 of the List, - - 12,000