Initial messages of Governor W. P. Hobby to the thirty-sixth legislature, state of Texas: Jan. 14, 1919 and Jan. 22, 1919. Page: 17 of 32
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GOVERNORNO 'S! MIESSAGt ES.
17,
GOVERNOU'S MESSAGES. 17'
Refunding , bonds issued
September 1, 1915, Act
Thirty-fourth Legislature,
to refund bonds issued
September 1, 1910,
5 per cent interest....
Revenue deficiency bond,
issued February 10,
1915, Act 1889, due
forty years, interest 5
per cent.............
For retiring past due
bonds, Act May 3,
1893, due option of
State, interest 5 per
cent .... .........
Refunding bonds, issued
1904, due January 1,
1944; Act April 30,
1903, dated January 1,
1904? interest 3 'per
cent. -: ...........
Refunding bonds1, issred
1906, due July 1, 1946
Act April 17, 1905,
dated July 1, .1906, interest
3 per cent......209,000
22,00
152,000
288,000
1,647,000Total bonded debt outstanding
September 1,
1918. . .... 4,002,2)00
The bonded -:debt of the State is
owned and -held as follows:
State Permanent .School .
. Fund; . ,..... ,:. $2,772,000
State .Permanent. tUiversity
Fund........ 625,600
State Permanent .Blind
Asylum Fund ...... 1 . i34,40.Q
State,, Permanent Deaf .
and-Dumb Asylum Fund 104,300
State 'PermapeRtrt: kunatic
AEyium .Fund....-.... . 126,300
State .Permanent
Ophan.
Asylum Fund' .. 30,600
.State A.
and a comparative statement of the
appropriations ...requested by ;the
various departments. and. institutions
for the biennium 1918
and
1919, and the biennum 1920 .and1921.
In order that you may be
advised as to the probable amount
of money necessary to be raised .by
taxation to maintain: the State Government
for. the next
two years, I
am taking the liberty of quoting that
statement:
Revenue:
1917, from taxation $10,953,755.00
1918, from taxation 16,156,355.00
Total for two years $27,110,110.00
Appropriations: ' '
1917, 'ending Aug.
31, .1918.. . ... .$17,451,608.00
1918, ending Aug.
31, 1919 ... ... 9,334,8'20.00,
Total for two years $26,788,428.00
Expenditures,
1916, ending Aug.
31, 1917.......$ 8,968,378..00
1917, ending Aug.. 31, 1918...... .12,283,400.06
Total-for two years $(21,251,778,00
Estimate asked for .
b y Departments .
an'd Institutions:
.1917, ending Aug.
31, 1918 .......$ 8,572,743.00
.1918, ending Aug.
...31, 1919. 7,835,061.00
Total for two'year $Si6,407,704.00
Estimate asked for
by Departments
and Institutions:
1919, ending Aug.
-31, 1920 ..... $1,654,034.00
1920, ending Aug.
31, 1921.. 9,706,77e.66
Total for two years $20,360,810.06. .
Statement to the Legislature from Taxable iValues of State::
.Facts and Figures Used by .Produced:
Automatic -Tax Board -in Year 1917, $2,872,00-,000;
Fixing Tax Rate: Est-
Revenue rate 35c. $8,033,600.00
mated Expenses of Year 1918, $3,026,000,000;
Government. Revenue rate 30c. $7,262,240.00
Under date of January 9, 1919, the There remains unexpended of the
Comptroller, at my request fur
moneys appropriated by the Thirty
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Hobby, W. P. Initial messages of Governor W. P. Hobby to the thirty-sixth legislature, state of Texas: Jan. 14, 1919 and Jan. 22, 1919., book, 1919; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth5863/m1/17/: accessed April 23, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .