1943 Legislative Budget of the State of Montana (Classic Reprint)

1943 Legislative Budget of the State of Montana (Classic Reprint)

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Excerpt from 1943 Legislative Budget of the State of Montana Pursuant to Chapter 27. Revised Codes of Montana. 1935. We hand you herewith the 1943 Legislative Budget. In order that you may prepare your recommendations for appropriations for the coming biennium. As provided in that act. During the past two years. Many inquiries have been made regarding the financial condition of our State. And we have prepared in the first part of the Budget. Such information as we believe will be helpful. Both to our Legislators and other outside agencies. We are pleased to call your attention to the fact that our revenues have been more than enough to pay for all expenditures for the past two years. And at the close of business on June 80. 1942. All funds were in a healthy condition. All interest and bonds due during this period were paid. And in re viewing the work. You will find that over in bonds were retired. Among the bonds retired were the Capitol Building bonds. And for the first time in our history our Capitol building is free of debt. Some thought should be given to the refunding of our General Fund funding bonds. These bonds have an interest rate of 4 per cent and are optional for redemption on January 1. 1944 (see Chapter 10. Laws No doubt. A refunding issue could be sold at a lower rate of interest. Resulting in a substantial saving. For the convenience of the Legislature in their deliberations and for the general information of the public. We have provided a general summary of revenue laws. Many of the states are advocating the elimination of laws wherein the funds are earmarked. Our State was perhaps one of the first to follow this procedure by the passage of Chapter 14 of last session laws. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.show more

Product details

  • Paperback | 312 pages
  • 152 x 229 x 17mm | 417g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 1333326726
  • 9781333326722