Presidents -- United States -- Messages; United States -- Politics and government -- Sources
authorized by existing laws, were $81,692,471.01, which sum, with the
balance of $6,398,316.10 remaining in the Treasury at the commencement of
that fiscal year, made an aggregate for the service of the year of
$88,090,787.11.
The public expenditures during the fiscal year ending June 30, 1859,
amounted to $83,751,511.57. Of this sum $17,405,285.44 were applied to the
payment of interest on the public debt and the redemption of the issues of
Treasury notes. The expenditures for all other branches of the public
service during that fiscal year were therefore $66,346,226.13. The balance
remaining in the Treasury on the 1st July, 1859, being the commencement of
the present fiscal year, was $4,339,275.54. The receipts into the Treasury
during the first quarter of the present fiscal year, commencing July 1,
1859, were $20,618,865.85. Of this amount $3,821,300 was received on
account of the loan and the issue of Treasury notes, the amount of
$16,797,565.85 having been received during the quarter from the ordinary
sources of public revenue. The estimated receipts for the remaining three
quarters of the present fiscal year, to June 30, 1860, are $50,426,400. Of
this amount it is estimated that $5,756,400 will be received for Treasury
notes which may be reissued under the fifth section of the act of 3d March
last, and $1,170,000 on account of the loan authorized by the act of June
14, 1858, making $6,926,400 from these extraordinary sources, and
$43,500,000 from the ordinary sources of the public revenue, making an
aggregate, with the balance in the Treasury on the 1st July, 1859, of
$75,384,541.89 for the estimated means of the present fiscal year, ending
June 30, 1860.
The expenditures during the first quarter of the present fiscal year were
$20,007,174.76. Four million six hundred and sixty-four thousand three
hundred and sixty-six dollars and seventy-six cents of this sum were
applied to the payment of interest on the public debt and the redemption of
the issues of Treasury notes, and the remainder, being $15,342,808, were
applied to ordinary expenditures during the quarter. The estimated
expenditures during the remaining three quarters, to June 30, 1860, are
$40,995,558.23, of which sum $2,886,621.34 are estimated for the interest
on the public debt. The ascertained and estimated expenditures for the
fiscal year ending June 30, 1860, on account of the public debt are
accordingly $7,550,988.10, and for the ordinary expenditures of the
Government $53,451,744.89, making an aggregate of $61,002,732.99, leaving
an estimated balance in the Treasury on June 30, 1860, of $14,381,808.40.
The estimated receipts during the next fiscal year, ending June 30, 1861,
are $66,225,000, which, with the balance estimated, as before stated, as
remaining in the Treasury on the 30th June, 1860, will make an aggregate
for the service of the next fiscal year of $80,606,808.40.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account