No 1. 1846. ANNUAL REPORT of the State Treasurer. STATE TREASURER'S OFFICE, To the Legislature of the State of Michigan: "In obedience to the provisions of law, requiring the State Treasurer to lay before the Legislature at each annual session, a summary of the receipts and expenditures for the past fiscal year, and a statement of the balance of cash on hand at its close, I have the honor to submit the following report: . The balance of cash on hand at the close of the fiscal year ending November 30th, 1844, was $36,424 97 The receipts during the past year, (as per statement A) were 337,628 10 $374,053 07 The expenditures during the same period, were, 355,160 26 Leaving a balance on hand, Nov. 30, 1845, of $18,892 81 The above balance being made up of $17,640 in state scrip or treasury notes, and $1,252 81 in coin and current funds. In schedule B. is given a statement of the Leger balances on the State Treasurer's books, for the year ending Nov. 30, 1845. The amount of outstanding warrants on the several funds, including land warrants, is given in the statement marked (C.) The amount outstanding against the general fund being $11,357 67, it will be perceived that but for the $10,743 99 drawn on the general fund, under an act of the last legislature, upon the settlement with the Michigan State Bank, and which should have been drawn upon the Internal Improvement fund, as the proceeds of all the lands and other assets received from that bank go to the credit of the latter fund, the amount outstanding against the general fund, would only havo been $613 68: By reference to the report of the Auditor General, it will be perceived that Leger balances on his books correspond with those of this office, except as to those funds, on which there are outstanding warrants, and as to the balance there charged to the State Treasurer.The amount there debited to the State Treasurer is $7,295 14; adding the amount of outstanding warrants on the general and contingent fund, which is $11,607 67, gives the amount on hand, as shown by the books of this office, being $18,892 81. Adding the respec tive amounts of the warrants outstanding on those two funds to the credit balances of those funds on the Auditor's books, will give the balances on the books of this office, and deducting from the debit balance or amount overdrawn on the Internal Improvement fund on the Auditor's books, which is $811,451 57, the unpaid or outstanding Internal Improvement and land warrants, amounting to $534,459 62, leaves the amount overdrawn on the books of this office, which is $276,991 95, arising from that amount of warrants on the latter sund, having been met from the resources of other funds. All of which is respectfully submitted. GEO. REDFIELD, |