the constitution, I proceed to lay before you the
condition of the affairs of the State government, and to recommend
such measures as seem to me expedient.

The balance in the State treasury on the 15th of November, 1868 was
$570,120.75; the receipts during the last fiscal year were
$4,781,614.49; making the total amount of available funds in the
treasury during the year ending November 15, 1869, $5,351,735.24.

The disbursements during the year have been $4,913,675.10, which
sum has been paid out of the treasury from the several funds as
follows, viz:

General revenue fund $1,577,221.18
Canal fund 41,783.74
National road fund 22,069.69
Sinking fund 1,775,938.52
Common school fund 1,496,633.80
Bank redemption fund 28.17
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Total $4,913,675.10

Leaving a balance in the treasury, November 15, 1869, of
$438,060.14.

The estimates of the auditor of State of receipts and expenditures
for the current year are as follows:

Estimated receipts from all sources, including balances $4,791,144.50
Estimated disbursements for all purposes 4,477,899.60
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Leaving an estimated balance in the treasury
November 15, 1870, of $313,244.90

The amount of the public funded debt of the State, November 15,
1868, was $10,532,675.43. During the last year the fund
commissioners have redeemed of the various loans $516,093.57, and
have invested in loans not yet due $160,643.59, leaving the total
debt yet to be provided for $9,855,938.27.

The whole amount of taxes, including delinquencies, collectible
under State laws during the year 1869 was $21,006,332.44. The
auditor of State reports the total amount of taxes, including
delinquencies, collectible during the current year at
$22,810,675.84, an increase of the taxes of 1870 over 1869 of
$1,804,353.40.

In 1869 there was collected for the sinking fund, to be applied to
the payment of the principal and interest of the State debt, the
sum of $1,370,101.12. In the present year there will be collected
for the same purpose the sum of $808,826.61