STATEMENT J. CHARACTER OF LOANS. Amount of | Maturity Loans. of Loans. For What Account. 1903 3 per cent. Exchange Loan of 1889, per Chapter 201 of 1888. * 7,400 00 1911 Redemption and Exchange of new Public Buildings. Making an aggregate of $5,709,326 13 As an offset to this debt, the State holds the followiny Bonds and Stocks on which interest or dividends have " Farruers' National Bank of Annapolis .. 46,470 00 " more & Ohio Railroad Com pary. ...... 550,000 00 Net debt after productive stocks held by the---- *No dividend paid since 1896. At the close of the Fiscal Year there was still outstanding $1.00 of the Maryland State Loan, issued per Chapter 366 of 1872. Interest on same bas ceased, and this amount will be paid when presented at the Treasury Department. At the close of the Fiscal Year there was still outstanding £1,500 of the Sterling Loan, issued per Chapters 386 STATEMENT J.-Continued. -=-.-. .---- -- SE = - - -- - -- --- -- -- At the close of the Fiscal Year there was still outstanding $50 00 of State Currency Loan, issued per Chap: 322 of 1889 16 For this balance of $2,597,042.95, the State has as an offset her unproductive Stocks, amounting to $8,099,626 99, - -- STATEMENT K. Showing the Public School, Outstanding Debt, Free Books, Penitentiary Loan and Insane Asylum Loan Tares, in each county and Baltimore City, for the year 1899, bused upon the Assessment of 1899. Assessed Val. Amount of COUNTIES AND BALTIMORE CITY. erty for State Pilevy for 1899 e at 170 cents Levy in 1899. ion each $100. Allegany County........ $10,341,807 12.033,838 2,163,18: 6,908,191 7,111.76 1,679,024 *29,3361 81 21,360 06 603,335 05 119,857 13 3,839 65 8,300 08 28,939 22 20,634 10 6,260 72 11,566 11 35,405 92 12,262 04 21,547 59 15,862 30 13,161 21 21,084 87 18.681 40 14,827 41 7,621 60 5,669 71 14,365 80 33,714 07 8,305 27 9,489 76 RECAPITULATION. Amounts. -- - ---Amount of Levy for Public School Tax at 104 cents on each $100... $642,116 63 Outstanding Debt at 45 cents on each $100 ............ 252,260 11 Free School Books at 2 cents on each $100.. 122,307 93 Pepitentiary Loan at 15-16 of 1 cent on each $100 .... 57,331 84 Insane Asylumn Loan at 3-16 of 1 cent on each $100 ... 11,466 37 $1,085,482 88 Total... STATEMENT L. Showing the Levy, Receipts and Disbursements on account Public School Tax, as authorized by Chapters 377 of 1872, 533 of 1888, 285 of 1891, 165 of 1896, 220, 221, 295 and 100 of 1898, and the balance to the credit of said account ut the close of the Fiscal Year ended September 30, 1899. Allegany County ..... $17,368 97 $16,119 30 Anue Armodel County 12,635 53 9,931 19 Baltimore City........ 356,902 42 1 420,494 66 Baltimore County. 70,901 40 70,629 83 Calvert 2,271 34 2,467 83 Caroline 4,909 91 4,718 72 Carroll 17,118 98 15,341 32 Cecil 12,206 09 12,103 37 Charles 3,703 52 3.141 96 Dorchester 6,841 92 7,006 48 Frederick 20,944 35 23,785 73 Garrett 7,253 60 9,351 48 Harford 12,746 46 12,214 56 Howard, 9,383 33 9,387 74 Kent 7,785 50 7,386 39 Montgomery 12,172 74 12,209 71 Pr. George's 11,050 97 9,677 98 Queen Anne's " 8,771 14 4,121 41 St. Mary's 3,353 91 1,232 96 Somerset 4.508 55 2,680 71 Talbot 8,498 08 8,815 20 Washington " 19,961 28 18,177 35 Wicornico 4,912 98 5.800 65 Worcester 5,613 66 6,845 40 Incorporated Institutions. ......... 51,318 57 Baltimore City Stock...... ...... 29,765 07 State Normal School (White)....... State Norjual School (Colored)....... State Board of Education, Expenses of......... $642,116 63 $774,725 57 *26,559 00 30,478 10 249,511 24 44,960 15 10.371 0.5 11,280 80 19,303 53 16,625 17 16,653 66 20,562 86 31,711 26 11,233 88 20,548 75 12,653 14 14,444 49 23,658 74 25,484 13 15,507 59 16,821 73 22,394 91 16,197 11 23,609 18 16,005 87 17,108 06 20,000 00 2,000 00 979 25 Totals.......... $736,663 63 SCUMARI. Balance applicable to School Year, commenc. ing October 1, 1898. ....................... $338,938 25 Receipts of Public School Tax from all sources during Fiscal Year 1899 ... 774,725 57 $1,113,663 82 ........ Balance applicable to School Year, commencing October 1, 1899.... 2377,000 19 of this balance of $377,000,19, there was dis tributed October 1, 1899, to wit; To White Schools ...... .. . $105,000 00 To Colored Schools. ..... ...... 37,500 00! 142,500 00 Amount on hand to equalize future distribu tions.............. ....... $234,500 19 |