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COMMONWEALTH OF PENNSYLVANIA:
COMMENCED AT HARRISBURG,
ON TUESDAY THE FIFTH DAY OF JANUARY, IN THE YEAR OF OUR LORD ONE THOUSAND
EIGHT HUNDRED AND FORTY-SEVEN,
JOURNAL OF THE SENATE.
Doc. No. 1.
Annual Report of the State Treasurer upon the Finances.
READ_JANUARY 7, 1847.
To the Senate and House of Representatives of the Commonwealth of Pennsylvania:
GENTLEMEN :- I have the honor to submit the following report, in compliance with the act of the 16th of April, 1832. In my detailed report, which will be presented to you among the Executive Documents, I have exhibited all the items which constitute the aggregate receipts and expenditures of the Commonwealth, for the fiscal year ending on the 30th of November, 1846. To that document, as also the reports of the Auditor General and Canal Commissioners, I respectfully refer you, as exhibiting in detail he financial operations of the government.
RECEIPTS AND EXPENDITURES.
The receipts during the last fiscal year, amounted to three millions five hundred and twenty-nine thousand and fifty-seven dollars and twenty-eight cents, to which add the sum of three hundred and eighty-four thousand eight hundred and eighty-six dollars and nine cents, the balance in the Treasury on the 1st of December, 1845, the commencement of the late fiscal year, exclusive of an unavailable deposite in the United States Bank, and the aggregate presents the means of the Treasury for that period. The payments during the same time, amounted to three millions five hundred and twenty-nine thousand two hundred and sixty-four dollars and sixty-seven cents. Thus: Receipts during the fiscal year,
$3,529,057 28 Balance in the Treasury, November 30, 1845,
3,913,943 37 3,529,264 67
Balance in the Treasury, November 30, 1846,
The Treasury has thus been in a condition during the past year to meet all the demands upon it, and by reference to the details of the expenditures, it will be found that not only all the accruing liabilities, including the interest on the public debt, have been paid, but that a portion of that debt has been liquidated and discharged, viz: the sum of two hundred and forty-six thousand eight hundred and sixteen dollars and twentytwo cents. The important result is also exhibited, that the receipts within the fiscal year are equal to the expenditures, irrespective of any balance remaining in the Treasury at the commencement of the year. I had the honor in a former report to present this subject to the attention of the Legislature, and to make certain suggestions, the adoption of which, I firmly believed, would lead to its accomplishment. What was anticipated then is realized, and the gratifying fact is presented for the first time