MISCELLANEOUS. THE STATE FINANCES. State Indebtedness. The amount of the State indebtedness will be seen from the following statement, as also the manner in which it has been funded: Receipts and disbursements for the fiscal year ending September 30, 1873: The amount of the productive School Fund on the 30th day of September, Showing an increase in the productive fund of $27,408.84 dur.ng the past year. Receipts Disbursements.. School Fund Income. University Fund. $179,762 67 185,136 98 This fund consists of the proceeds of the sales of land granted by congress for the support of a State University. The amount of productive University Fund on the 30th day of September, 1872 and 1873, respectively, was as follows: Showing an increase in the productive fund during the past year of $9,535.50. Receipts Disbursements.. University Fund Income. $42,716 38 42,716 38 Normal School Fund. This fund is composed of the proceeds of the sale of lands set apart for the support of Normal Schools, by chapter 537, laws of 1865. The amount of productive fund; on the 30th day of September, 1872 and 1873, respectively, was as follows: Showing an increase in the productive fund of $38,271.69, during past year. Receipts Disbursements. Normal School Fund Income. $71,369 10 55,368 62 Agricultural College Fund. This fund consists of the proceeds of the sales of 240,000 acres of lands granted by Congress to the State for the support of an institution of learning, where shall be taught the principles of agriculture and the arts. The interest on the productive fund forms the income. The amount of productive fund, September 30, 1872 and 1873, respectively, was as follows: Showing an increase in this fund during the year of $19,251.53. Agricultural College Fund Income. Receipts Disbursements.. $12.558 85 12.558 85 The total productive accumulations of all the trust funds of the State, on the 30th day of September, 1873, were $3,870,653.71, showing an increase during the last fiscal year of $94,468.56. The amount belonging to each fund, on the same day, was as follows: This fund consists of the proceeds of the sale of lands set apart as drainage lands, by virtue of chapter 537, Laws of 1865, the amount of which is to be annually apportioned to the several counties in which such lands lie, in proportion to the amount of sales in each county, respectively. Receipts.... Disbursements.. $93.636 46 125.255 39 Balances in the Treasury, September 30, 1873. River Falls Normal School Building Fund 25,000 00 St. Croix and Lake Superior R. R. Trespass Fund.. 43,864 46 1,843 30 $282.568 32 General Fund overpayment... 66,923 80 Total..... $215.644 52 |