Annual report of the state auditor of North Carolina on the audit of the accounts of the state treasurer and state disbursing officer for the fiscal year ended ...

              —
§
THE LIBRARY OF THE
UNIVERSITY OF
NORTH CAROLINA
THE COLLECTION OF
NORTH CAROLINIANA
C336
N87
1959/60
UNIVERSITY OF N.C. AT CHAPEL HILL
00032789359
This book must not
be taken from the
Library building.
Form No. 471
Digitized by the Internet Archive
in 2011 with funding from
Ensuring Democracy through Digital Access (NC-LSTA)
http://www.archive.org/details/annualreportofst195960
STATE OF NORTH CAROLINA
DEPARTMENT OF THE STATE AUDITOR
RALEIGH
HENRY L. BRIDGES
STATE AUDITOR
January 12, 1961
Advisory Budget Commission
Raleigh, North Carolina
Gentlemen:
Under the provisions of General Statutes 147-58, Subsection 13, I
hand you herewith a complete statement of revenues and expenditures of all
Funds which operated through State Treasurer for the fiscal ye/r ended
June 30, 1960.
Respectfully Submitted,
^L^i2
^
STATE COMPTROLLERS AND AUDITORS
OF
NORTH CAROLINA
COMPTROLLERS
1782-1784
1784-1808
1808-1821
1821-1827
-1827
1827-1834
1834-1836
1836-1851
1851-1855
1855-1857
1857-1867
1867-1868
Richard Caswell
John Craven
Samuel Godwin
Joseph Hawkins
John L. Henderson
James Grant
Nathan Steoman
Will i am F. Coll i ns
William J. Clark
George W. Brooks
Curtis H. Brogden
S.W. Burgin
Dobb
Hal i fax
Cumberland
Warren
Rowan
Hal i fax
Cha tham
Nash
Wake
Pasouotank
Wayne
1862-1864
1864-1865
1868-1873
1873-1875
1867-1879
1880-1889
1890-1893
1893-1897
1898-1900
1901-1910
1910-1911
1911-1921
1921-1937
1937-1947
19-47
AUDITORS OF PUBLIC ACCOUNTS*
Samuel F. Phillips
Richard H. Battle
AUDITORS
Henderson Adams
John Reilley
Samuel L. Love
William P. Roberts
George W. Sanderl i
n
Robert M. Furman
Hal W. Ayer
Benjamin F. Dixon
Benjami n F. Di xon, Jr.
William P. Wood
Baxter Durham
Geo. Ross Pou
Henry L. Bridges
Orange
Wake
Cumberland
Haywood
Gates
Lenoi r
Buncombe
Wake
Cleveland
Wake
Randolph
Wake
Johnston
Gui lford
* This office was created by the Laws of 1862, and obolished a few years later.
Compiled From The North Carolina Manual 1913.
AUDIT OF THE STATE TREASURER AND THE STATE DISBURSING OFFICE
INDEX
Comments
Exhi bit:
"A" Balance Sheet
"B" Statement of General Fund Revenues and Disbursements
C" Statement of Appropriations, Receipts and Disbursements - General Fund
"D" Statement of Special Funds
»E" Statement of Sinking Funds - Receipts and Disbursements
Schedule:
1 Cash i n State Treasury
2 Changes in State Treasurer's Investment Account
3 Reconciliation of Treasurer's Cash
4 Analysis of Treasurer's Cash
5 Schedule of Securities Owned by State Agencies
6 Schedule of Loans to Atlantic and North Carolina Railroad
7 Schedule of Reserve for Permanent Appropriations and Income Tax Refunds
8 Schedule of Taxes Due North Carolina Counties and Municipalities
9 Liability for Matured Bonds and Interest
10 Outstanding Warrants State Disbursing Accounts
11 Analysis of General Fund Surplus
12 Schedule of Sinking Fund Securities
13 Schedule of Investments in Railroad Stocks
14 Schedule of Capital Assets
15 Schedule of Securities Held in Trust
16 Schedule of Funds on Deposit with Federal Government
17 Analysis of Bondeo Debt
18 Schedule of Bonded Debt - Detail
19 Statement of Annual Debt Requirements
Page
6
12
16
28
52
53
56
58
59
60
62
63
64
65
66
67
68
69
70
71
72
73
74
80
20 Statement of Building and Contents Valuation as Established by the Department ^
of Insurance
Advisory Budget Commission
Raleigh, North Carolina
Gentlemen:
In accordance with the provisions of General Statue 147-58, Sections 3 and 13, we have examined
the accounts and records of the state treasurer and the state disbursing office for the fiscal year ended
June 30, 1960, and submit herewith our report.
The figures shown in this report are those of the State Disbursing Office; however, they have been
reconciled with those of the state treasurer.
our examination was made in accordance with generally accepted auditing standards, and accordingly
included such tests of the accounting records and such other auditing procedures as we deemed necessary under
the circumstances. our examination included, but was not limited to the following:
1. All accounts maintained in the State Disbursing Office were reconciled with those kept by
the State Treasurer. Included in this reconciliation was the receipts, disbursements and
balance of every state department, institution and agency. the receipts, disbursements and
unexpended balance shown on the budget reports filed by the state agencies with the depart-
MENT of Administration were checked against the receipts, disbursements and unexpended
balance shown on the records of the state disbursing office.
2. Reconciled all bank accounts and verified the balance in these accounts through correspondence
WITH the banks. Also, the securities pledged to secure these bank accounts WERE checked and
VER I Fl ED.
3. Counted all cash held by the State Treasurer.
4. All securities owned by the State (Schedules 2, 6, 12 and 13) or its agencies (Schedule 5) and
those held in trust (Schedule 15) by the State Treasurer were verified. Most of the securities
listed on Schedule 15 were deposited with the state by individuals and companies to insure the
fulfillment of their obligation to the state or its citizens. all securities located in
Raleigh were verified by count, while those outside of Raleigh were verified by letter of
confirmation. most of the federal securities and corporate bonds are held by the chase
Manhattan Bank in New York City.
5. Analyzed all sales and purchases of securities made during the year.
6. Counted and checked all bonds ano bond interest coupons redeemed during the fiscal year.
7. Analyzed the Bond and Bond Interest Payable Accounts,
8. Reconciled the Capital Improvement Accounts. The receipts, disbursements, and balance
in some of the accounts may not agree with the records kept by the institutions or
agencies,. the reason being that transactions handled by the institutions or agencies
late in June do not reach the State Disbursing Office until July. Any such transactions
would be handled by the institution in the fiscal year ended june 30, while the state
Disbursing Office would handle them in the fiscal year beginning July 1.
9. Reconciled the General Fund Revenue collections and checked the refunds made against
these collections,,
10. Determined the amount of interest due on securities owned and reconciled this with Interest
collected.
The funds on deposit with the Federal Government for payment of Unemployment benefits (Schedule 16)
were taken from the records of the employment security commission. this amount was not verified by
correspondence with the Federal Government. These funos are not included in the Balance Sheet (Exhibit "A").
The Balance Sheet (Exhibit "A") is divided into five sections, and for the most part is self-explanatory.
However, an explanation of some of the items is needed.
Cash and/or Investments is composed of cash in the various banks (demand deposits), cash on hand,
time deposits, and investments in U. S. Government securities. The State Treasurer invests all available
cash, irrespective of funds, in interest bearing securities. Interest derived from these" secur i ti es is
credited to the State's General Fund as provided by Statute. Cash (Schedule 1) and Investments (Schedule 2)
are combined on Schedule 3. Also, shown on Schedule 3 is a breakdown showing the portion belonging to each
of the funds.
Investments of individual Fir»«s(ExHl bit "0" and Schedule 5) are in addition to the Treasurer's
investments. Interest on these investments is credited to the individual fund. The bulk of these investments
belong to the three Retirement Systems—Teachers and State Employees Retirement System, Local Governmental
Employees Retirement System and the Law Enforcement Officers' Benefit and Retirement System,,
Reserve for taxes due counties and municipalities (Schedule 8)
—
Under provisions of the General
Statutes the state is required to return, to the counties and municipalities of North Carolina a percentage
of the Franchise, Intangible and Beverage tax collected. The amount due each county and municipality is
computed on a formula prescribed by Statute. All of the Intangible Tax collected is distributed to the
counties and municipalities except an amount sufficient to reimburse the state for the collection cost.
Beverage and Intangible Taxes are collected in one fiscal year and distributed in the following fiscal
year, while franchise ?a x is collected and distributed in the same fiscal year. the amount shown on
Exhibit "A" and Schedule 8 represents the amount available for distribution to the counties and
municipalities on june 30, 1960.
Reserve for permanent appropri" ati on and income tax refunds due taxpayers (Schedule 7)
—
The
Statue provides that the unexpended balance in certain accounts on June 30 be transferred to a reserve
account rather than being reverted to the General Fund surplus. The amount so transferred to the Reserve
Account may be used in the following fiscal year, however, there are certain restrictions as to how and
when it may be used.
On January 1, 1960, the state instituted an income tax withholding system. As in the case of
all withholding plans, the tax tables are based on a standard deduction, causing more tax to be collected
from some individuals than they are liable for, since these individuals may itemize their tax deductions.
Since this is the first year of the withholding plan, no statistics are available as to how much tax will
be refunded. Based on the experience of other states and other available data it is estimated that 20% of
the withholding taxes collected will be refunded. therefore, 20% of the amount collected from january 1, i960
through June 30, 1960 was set up in a reserve account to handle the refunds.
Matured bondsand interest outstanding (Schedule 9)
—
The majority of this amount is for bonds and
interest which matured on July 1, 1960. Funds to redeem July 1 maturities are set up in June. The balance
in these accounts represents bonds and interest which matured prior to july 1, 1960 but have not been
presented for payment by the bond holders.
Section "C" of the Balance Sheet was copied from the annual report of the Comptroller of the
Highway Department,
Sinking Funds —When the sinking funds were established by the General Assembly an amount
sufficient, or an amount believed at the time to be sufficient, was transferred into each of the sinking funds
for the purpose of redeeming the bonds and interest as they became due. transfers to the general fund sinking
Fund were made out of General Fund surplus and the transfers to the Highway Sinking Fund came from the Highway
Fund. The amount so transferred was invested in U. S. Government and North Carolina bonds. Interest derived
from these investments is income to the Sinking Funds.
as bonds and interest mature an amount sufficient to cover the redemption of same is transferred
out of the Sinking Funds. These transfers are made to the regular bond and bond interest redemption
accounts, from which they are paid.
Separate records are maintained on each Sinking Fund.
Due to the present market condition and with no way of predicting the market conditions at the time
these investments will be liquidated to meet the maturing bonds and interest, it is impossible to accurately
determine the solvency of the funds. However, we feel that the General Fund Sinking Fund is in better shape
than the Highway Fund Sinking Fund. This conclusion is based on several factors. One, the investments of the
Highway Fund Sinking Fund must be liquidated some 8 to 10 years prior to their maturity to meet the redImption
of the bonds and interest, whereas this condition does not exist to the same degree in the general fund sinking
Fund. When investments are liquidated prior to maturity, as a general rule, they cannot be sold at 100% of
par value. However, this is subject to the market conditions. Secondly, with a slower liquidation of
investments and with the liquidation spread over a longer period of time the General Fund Sinking Fund will be
able to realize a substantial income from interest.
The cash balance under the General Fund portion of the Bonded Debt redeemable through future revenue,
represents interest received from investing portions of the proceeds from the sale of $7,500,000.00 Port Bonds
in 1950, plus a transfer of $10,000„00 from the operating fund of the Ports Authority. This amount will be
used to redeem port bondso
The General Assembly of 1959 authorized the issuance of $9,195,000.00 Capital Improvement Bonds.
The proceeds from the sale of these bonds were to be used to finance the 1959 Capital Improvement Bond Fund.
The bond market in 1959 was unfavorable so Bond Anticipation Notes were issued instead. These notes will
mature on July 29, 1960„ On this date if the bond market is favorable, these notes will be exchanged for
bonds. However, if the sond market is unfavorable, new notes will be issued. The interest on these notes is
accrued to July 29, 1960, the maturity date.
The Secondary Road Bonds and Interest are to be paid from a 1 cent road tax on every gallon of
gasoline sold in the state, this source of revenue should be more than sufficient to redeem the bonds and
i nterest.
The value of the capital assets as shown on Exhibit "A", Section "E" and Schedule 14 is the result
of an appraisal made some twenty yearrs ago and each year thereafter the amount spent for permanent improvements
and Highway Construction has been added. The amount shown is not a true valuation of state property as there
IS NO PROVISION FOR DEPRECIATION, ABANDONMENT OR OBSOLESCENCE,, ALSO, IT DOES NOT INCLUDE THE AMOUNT SPENT
BY THE VARIOUS DEPARTMENTS, INSTITUTIONS AND AGENCIES FOR OFFICE EQUIPMENT, MOTOR VEHICLES, ETC. SHOWN ON
Schedule 20 is a valuation of all state buildings and contents as established by the Department of Insurance.
Except for the beginning and ending balances in the two (2) 1959 Capital Improvement Funds shown
on Exhibit "D", all other Exhibits and Schedules are self-explanatory.
The 1959 Capital Improvement Bond Fund and the 1959 Capital Improvement voted bond fund were
established on July 1, 1959, On that date the various codes in these two funds were authorized to spend
certain sums of money for Capital Improvements. Except for $5,275,000.00 transferred from the 1957 Capital
Improvement Fund, no cash was available until bonds or bond anticipation notes were sold. However, as far
as the Institutions and Agencies were concerned cash was available. For this reason the amount shown in
the column entitled "cash balance 7-1-59" for these two funds represents the authorized amount and not the
cash balance. the amount of the authorized bond issue is shown as a deduction at the end of each fund to
arrive at the beginning cash balance. the actual cash balance on july 1, 1959 for the 1959 capital
Improvement Bond Fund was $5,275 9 000.00, while the cash balance of the other fund was zero.
Since bond anticipation notes were issued for the 1959 Capital Improvement Bond Fund, the ending
balances in this fund represents cash.
The ending balances in the 1959 Capital Improvement voted bond fund are inflated by $22,944,000.00,
the amount of the authorized bonds not issued. this amount is shown as a deduction at the end of this fund
to show the true cash balance.
The State Treasures is bonded for $275,000.00 while each member of his staff is bonoed for $10,000.00.
In addition there is in effect an excess coverage blanket honesty bond in the aggregate amount of $50,000.00
which insures the state against any loss as a result of any fraudulent or dishonest act on the part of any
one or more cf the employees in the state treasurer's office. the state disbursing officer is under a
$50,000.00 surety bond and each of his employees is under a $5 s 000.00 bond.
We wish to express our appreciation to the Staff of both the State Treasurer and the State Disbursing
Office for the courtesies and cooperation extended to us during the course of this assignment.
Respectfully submitted,
^P^JS^^KcjJL^
urryU^
l. Bridges
SrtTE AUDITOR
Approved;
i^_
STATE OF NORTH CAROLINA
BALANCE SHEET
As of June 30, 1960
GENERAL FUND OPERATING BALANCE
ASSETS
Current Assets:
Cash and/or Treasurer's Investments (Schedule 3)
Loan to Atlantic and N.C. Railroad (Schedule 6)
66 881 534 40
19 000 00
Total 66 900 534 40
SPECIAL FUNDS (EXCLUDING HIGHWAY FUND) OPERATING BALANCE
Current Assets:
Cash and/or Treasurer's Investments (Schedule 3)
Investments of Individual Funds (Par Value) (Exhibi
ASSETS
''0" & Schedule 5)
65 636 636 69
319 068 135 07
Total 8 384 704 7 71 76
HIGHWAY COMMISSION 3A LA NCE
ASSETS
Cash:
I n Banks
On Deposit - State Treasurer
Accounts Rece i vables :
Travel Aovances to Employees
State Departments
Department of Motor Vehicles - Imprest Fund
Due from Department of Motor Vehicles
Due from Property Owners
Due from Cities and Towns
Due from Employees - Payroll Adjustment Loan
Other Rece i vables
U.S. Bureau of Publ ic Roads:
Due on Projects Let
Federal Aid Allotments
Inventori es:
Stores
Job Orders in Progress
I 15 350 00
66 193 976 55 | 66 209 326 55
16 554 73
93 230 38
15 000 00
4 775 01
38 303 05
86 096 22
584 50
3 893 48 $ 258 437 37
I 48 320 674 47
I 80 533 914 79
8 3 151 551 17
66 375 46 8 3 21 7 926 63
(CONTI NUED)
EXH I B I T "A'
SECTK
LIABILITIES, RESERVES AND SURPLUS
Current Liabilities:
Taxes due Counties and Municipalities (Schedule
Reserves:
Reserves for Permanent Appropr i a ti on and
Income Tax Refunds (Schedule 7)
Surplus:
Unappropriated Balance
Total
SECTION "B"
LIABILITIES AND FUND BALANCE
Current Liabilities:
Matured Bonds and Interest Outstanding (Schedule 9)
Fund Balance
Total
11 433 3f. 38
10 801 468 54
44 665 685
I 66 900 534 40
$ 6 967 468 89
377 737 302 87
$ 384 704 771 76
SECTION "C"
LlAB l L I TI ES:
Accounts Payable
Due to Equipment Fund
Accrued Payroll
Other Credits:
LIABILITIES, ENCUMBRANCES, RESERVES AND SURPLUS
Special Deposits in Lieu of Surety Bonds
5 277 458 75
1 656 532 91
1 222 330 88 8 156 322 54
377 250 00
Encumbrance Allotments:
State Maintenance and Construction:
Primary System
Secondary System
Urban System
Publ i c Servi ce Roads
Capital Improvements
Construction - Federal Aid
State Aid to Muni ci pal i ti es
Reserves:
Reserve for Federal Participations
Reserve for State Funds to Match Federal Funds
Reserve for State Aid to Municipalities
Reserve for Capital Improvements
Reserve for General Administration
Reserve for Additional Salary Requirements
8 5 315 614 12
12 831 681 50
2 858 963 08
1 868 181 41
185 993 29
53 784 639 54
62 503 24 $ 76 907 576 1
$ 80 533 914 79
21 155 819 64
7 019 892 15
242 488 10
369 01
402 383 00
(Conti nued)
HIGHWAY COMMISSION BALANCES (CONT'D.
ASSETS (CONT'D.)
Other Deb ; ts:
Securities and Deposits H Eld for Others
Deferred Payroll Charges
I 377 250 00
238 815 44 616 065 44
Total
BONDED DEBT SECTION
ASSETS AND OTHER DEBITS
Bonds ano Interest Payable through Sinking Funds-
General Fund:
~
Cash (Exhibit "E")
Investments (Par Value) (Schedule 12)
Amount to be raised through Interest on Investments
JOTAI GENERAi Sink ing Fnnfn
H i ghway Fund :
Cash (Exhibit "E")
Investments (Far Value) (Schedule 12)
Amount to be raised through Interest on Investments
Total Highway Fund Sinking Fund
-Bonds and Interest Pay a ble Through Future Reve nue-
General Fund:
Cash (Sinking Fund Port Bond) (Exhibit "E")
Amount to be raiseo through Future Revenue Collections
Amount to be raised through the Reissuing of Capital
Improvement Bond Anticipation Notes or Long Term Bond
Total General Funt
$ 199 156 345 25
$ 1 567 411 31
31 946 000 00
709 403 69
$ 34 222 815 00
(3 930 318 97)
14 632 000 00
(241 776 03)
10 459 905 00
I 224 927 10
119 093 915 59
9 195 000 00
$ 128 513 842 69
(CONTI NUEd)
exhib i t "a"
Page 2
SECTION "C" (CONT'D.
LIABILITIES, ENCUMBRANCES, RESERVES AND SURPLUS CON I'D.
Reserves (Cont'd.1:
Reserve for Contingencies
Reserve for Department of Motor Vehicles
Reserve for Prison Department
Reserve for Board of Paroles
Reserve for Appropriation in excess of Estimated
Revenue 1960-61
Reserve for Social Security Coverage of
Law Enforcement Officers 1960-61
42 902 00
19 200 00
417 166 00
6 000 00
1 704 670 00
98 267 00 111 643 071 69
Unappropriated Surplus:
Balance July 1 , 1 959
Less: Transfer to Appropria ti ons
Add: Balance from Current Years Operation
Balance June 30, 1960
Total
1 674 180 91
1 079 800 00
594 380 91
1 477 743 93
2 072 124 84
I 199 156 345 25
SECTION "D"
LIABILITIES
PRI NC I PAL I NTEREST Total
Bonds and Interest Payable:
Due Fiscal Year 1960-61 (Schedule 19)
Due After Fiscal Year 1960-61 (Schedule 19)
3 422 000 00
25 400 000 00
1 305 330 00
4 095 485 00
4 727 330 00
29 495 485 00
Total 28 822 000 00 5 400 815 00 34 222 815 00
Bonds and Interest Payable:
Due Fiscal Year 1960-61 (Schedule 19)
Due After Fiscal Year 1960-61 (Schedule 19)
Total
Pr i nci pal
6 500 000 00
3 334 000 00
Interest
431 280 00
194 625 00
QTAL
6 931 280 00
3 528 625 00
9 834 000 00 $ 625 905 00 I 10 459 905 00
Principal I NTEREST Total
Bonds. Bond Anticipation Notes & Interest Payable:
Due Fiscal Year 1960-61 (Schedule 19) 8 5 651 000 00 $2 236 1 72 50 S 7 887 172 50
Due After Fiscal Year 1960-61 (Schedule 19) 93 110 000 00 18 123 402 50 111 233 402 50
Capital Improvement Bond Anticipation Notes Due 7-29-60 9 195 000 00 198 267 69 9 393 267 69
Total 1 07 956 000 00 557 842 69 128 513 842 69
, CONTI NUED
BONDED DEBT SECTION (CONT'D.) ,
ASSETS AND OTHER DEBITS (CONT'D.)
Highway Fund (Secondary Road Bonds):
Cash (Schedule 3)
Amount to be raised through 1^ Road Tax Per Gallon of Gasoline
11 862 606 57
111 638 830 93
Total Highway Fund (Secondary Road Debt)
Total Bomoed Debt
Cap i tals Assets:
S 123 501 437 50
I 296 698 000 19
CAPITAL ASSETS
State Highways, Buildings, Real Estate Equipment
and Other Fixed Assets (Schedule 14)
Other Investments:
Investments in Railroad Stock (Sch, 13)
Total Cap i tal Assets
Grand Total All Sections
510 961 007 79
$ 5 233 584 00
n 516 194 591 79
12 463 654 243 39
10
ex h i b i t "a"
Page 3
SECTION "D" (CONT'D.)
LIABILITIES (CONT'O.)
Bonds and Interest Payable:
Due Fiscal Year 1960-61 (Schedule 19)
Due After Fiscal Year 1960-61 (Schedule 19)
Total
Total
PRI NCI PAL
t 10
102
500
850
000
000
00
00
8113 350 000 00
1259 982 000 00
Interest
1 759 250 00
8 392 187 50
10 151 437 50
736 000 19
Total
12 259 250 00
111 242 187 50
123 501 437 50
296 698 000 19
SECTION "E"
Investments in Capital Assets-
Capital Surplus 516 194 591 79
Total
Grand Total All Sections
516 194 591 79
463 654 243 39
11
Re c e i pts
Schedule "A"- Inheritance Tax
Schedule "B" - Privilege Licenses
Schedule "C" - Franchise Tax:
RA I LROAOS
PlIBL I C llTI L I Tl ES
Pullman
Express Companies
Telegraph Companies
Telephone Companies
Domestic Corporations
Foreign Corporations
Mutual Burial Associations
Penalties, Interest and Transfers
Total Franchise Tax
Scheoule "D" jcome Tax:
i nd i vi dual i ncome
Domestic Corporation
Foreign Corporation
Penalties, Interest and Transfers
Total Income Tax
Schedule "E" - Sales Tax
Schedule "F" - Beverage Tax
Schedule "G" - Gift Tax
Schedule "H" _ Intangible Tax
Schedule "IA" - Freight Car Line
Schedule "IB" - Insurance Tax
Schedule "IC" - Excise Tax on Banks
Taxation of Building & Loan Association
Miscellaneous Revenue
Total Collection under Revenue Act
STATEMENT OF RECEIPTS AMD EXPENDITURES
GENERAL FUND
Fiscal Year Ended June 30, 1960
FRefunds or
Gross Reserves Set- Net
Revenue UP 1 BE FiEVENUE
Collec:ti Of
121
IS
59
Re fundeci
ft
COLLECl
6 330
IONS
$ 6 440 ft 109 301 20 820 39
ft 6 554 225 90 ft 41 270 54 ft 6 512 955 36
1 1 150 566 89 ft ft 1 150 566 89
12 741 824
918
07
11
939 931 29 11 801 892 78
918 11
27 603 00 27 603 00
24 287 76 24 287 76
5 741 711 54 376 177 02 5 365 534 52
3 886 42 7 01 37 557 10 3 848 869 91
4 046 014 65 31 448 69 4 014 565 96
7 074 72 64 72 7 010 00
37 114 36 37 114 36
ft 27 663 542 11 ft 1 385 178 82 ft 26 278 363 29
ft 95 550 731 01 ft 3 736 612 15 ft 91 814 118 86
20 338 074 57 135 281 53 20 202 793 04
29 018 686 36 375 623 50 28 643 062 86
969 906
297
05
99 ftH1
969
629
806 05
|145 877 ft 4 247 517 18 780 81
1 88 173 880 74 ft 196 071 70 ft 87 977 809 04
8 16 440 417 10 ft 2 744 499 35 ft 13 695 917 75
ft 327 434 92 ft 14 720 32 ft 312 714 60
110 052 677 91 ft 9 415 394 57 ft 637 283 34
ft 58 852 78 ft 58 852 78
| 13 42 7 863 45 ft 26 846 72 ft 13 401 016 73
ft 1 160 222 77 ft 6 828 86 ft 1 153 393 91
ft 1 185 351 74 ft 1 038 22 ft 1 184 313 52
1 21 844 38 ft 21 844 38
$317 383 733 3E I 8 188 667 48 $299 195 065 90
(CONTI NUEDj
12
Exhibit "B"
Less: Expenditures Expended
From Institutional From
Expenoi tures
I General Government:
A . Leg i sla t i ve
B. Judi c I a l
C. Executive and Administrative
I I Public Safety and Regulation
I I I Correcti on
IV Public Welfare
V Educati on
VI Non-Highway Transportation - Ports Authority
VI I Health and Hospitals
V| i i Natural Resources and Recreation
IX Agriculture
X Retirement and Pensions
XI Debt Servi ce
Gross OR Departmental State
Expeni I TURES
278 35
Rece 1 PTS Appropr
$ 66
A Tl ONS
$ 66 it 5 63 272 72
1 146 092 05 513 98 1 145 578 07
7 585 382 39 789 629 29 6 795 753 10
3 797 185 38 645 300 78 3 151 884 60
1 803 378 00 170 458 93 1 632 919 07
59 884 204 16 49 722 924 77 10 161 279 39
240 023 374 70 37 957 074 18 202 066 300 52
206 461 88 28 970 41 177 491 47
36 695 699 16 9 969 361 49 26 726 337 67
5 484 509 29 1 970 101 16 3 514 408 13
10 653 016 10 4 976 086 61 5 6 76 929 49
16 060 317 30 44 067 00 16 016 250 30
7 196 861 72 -0- 7 196 861 72
Totals $390 602 760 48 $106 274 494 23
Conti nued
>84 328 266 25
13
Rece I PTS
Non-Tax Revenue (Fees, Earnings, Dividends, Etc.);
Secretary of State
Governor's Office
State Aud i tor
Supreme Court
Industrial Commission
Insurance Department Fees
Security Dealers
Attorney General
Gas & Oil Inspection
Real Estate Licensing Board
Tennessee Valley Author i ty
Interest on Loan to Atlantic & N.C.R.R.
ra i l road dl vi dends
Board of Elections
Board of Refrigeration Examiners
Interest on Treasurer's Investments
Board of C.P.A. Examiners
Miscellaneous Non-Tax Revenue
Total Non-Tax Revenue
Total General Fund Revenue Collections
Gross
Revenue
Collecti ons
298 774 94
73 414 50
25 477 23
9 169 20
166 106 02
13 599 85
35 892 03
650 00
976 824 96
15 799 71
34 659 55
2 566 59
235 346 00
15 394 08
528 62
114 916 67
197 25
41 18
Refunds or
Reserves Set-up
to BE
Refunded
Net-
Revenue
Collecti ons
6 769 73 $ 292 005 21
73 414 50
25 477 23
9 169 20
166 106 02
13 599 85
35 892 03
650 00
976 824 96
15 799 71
34 659 55
2 566 59
235 346 00
15 394 08
528 62
114 916 6 7
197 25
41 18
I 11 019 358 38 $ 6 769 73 g 11 012 588 65
1328 403 091 76 $18 195 437 21 $310 207 654 55
Plus:
Cred i t Balance 7-1-59
Loan to Atlantic and N.C. Railroad Co.
Reserve for Permanent Appropr iati on Reverted
to Cred i t Balance
Total Revenu e C ollections. Credit Balance 7-1-59.
Loans to Atlan ti c and N.C. Railroad Co. plus
Revertion of Reserve for Permanent Appropr iati on
$ 18 660 885 61
114 000 00
11 411 57
$328 993 951 73
14
Exhibit "B"
Page 2
Expend i tures
Expended from State Appropriation
Gross
expeno i tures
Less: Expenditures
From Institutional
or Departmental
Rece
i
PTS
Expended
From
Sta te
appropr i ati ons
>84 328 266 25
Operations Fiscal Year 1959-60:
Revenue Collections, Credit Balance 7-1-59,
Loans and Reserve for Permanent Appropri a ti on
. Reverted
Less: Amount Expended from State Appropriation
Credi t Balance June 30, 1960
Total Expenditures Plus Credit Balance
$328 993 951 73
284 328 266 25
$ 44 665 685 48
$328 993 951 73
15
GENERAL FUND
STATEMENT OF APPROPRIATIONS, RECEIPTS, Dl SBURSEMENTS AND BALANCES
For The Fiscal Year Ended June 30, 1960
Code
Number Appropr i a ti on
Legi slati ve
Salary
i ncreases
Allotments
From
C & E
I General Government:
A . Lesi sl ati ve:
10021 1 . General Assembly
B. Jud i ci al:
10041 1. Supreme Court- Justices
10043 2. Supreme Court- Departmental Expense
10045 3. Supreme Court - Printing Reports and Reprints
10061 4. Superior Court- Judges
10063 5. Superior Court- Solicitors
10081 6. Judicial Council
10101 7. Trial Expense
10407
10408
10410
10421
10423
10425
10121
10141
10161
10181
10201
10221
10241
10261
10263
10281
102 83
10285
10301
10321
10341
10361
10401
10402
10403
10404
10405 18
C. Executive and Administrative:
The Governor 's Offi ce
The Li eutenant Governor
Department of Administrati
Department of Personnel
Meri t Counc il System
Secretary of State
State Aud i tor
State Treasurer:
10
11
12
13
14
15
1
.
State Treasurer
2, Local Government Commission
9. Department of Justi ce:
1
A ttorney General
2. Bureau of I nvesti ga ti on
3. General Statutes Commission
Department of Revenue
Department of Tax Research
Tax Review Boa rd
State Board of Elections
N.C. Gra i n Commi ssi on
Commission to Study The Public School
Education of Exceptionally Talented Children
16. State Advisory Committee on Aviation
17. Commission For The Study of Twelve Months
use of Public School Buildings and Facilities
for Public School Purposes
Commission for The Study of Teacher Merit Pay
and Implementation of a Revised Public
School Curriculum
. N.C. Confederate Centennial Commission
20. Carolina Charter Tercentenary Commission
21. Advisory Committee to Study Teacher
Evaluation, Rating and Certification
22. Interstate Cooperation Commission
23. Commission on Reorganization of State
Government
24. N.C. Employ of The Physically Handicapped
Commi ssi on
19
66 272 72
112 500 00
136 836 00
30 000 00
627 460 00
228 528 00
8 880 00
-0-
126 924 00
3 100 00
303 193 00
158 137 00
44 123 00
94 448 00
212 962 00
163 791 00
78 686 00
158 852 00
293 321 00
5 130 00
637 200 00
68 258 00
12 285 00
23 744 00
-0-
-0-
-0-
0-
-0-
-0-
• 0-
• 0-
-0-
-0-
1 512 00
20 156 00
3 888 00
2 232 00
1 872 00
4 812 00
3 506 00
1 032 00
1 656 00
7 104 00
117 412 00
1 356 00
300 00
108 00
4 376 00
5 000 00
6 389 50
15 000 00
49 000 00
3 758 00
1 500 00
4 637 00
13 000 00
19 667 00
1 000 00
5 300 00
14 134 00
7 127 00
9 330 00
59 212 00
1 000 00
1 140 00
1 000 00
(CONTI NUED
16
Ex H I B I T
2.
3.
4.
5.
6.
7.
1.
2.
3.
4.
5.
6.
7.
10.
11.
12.
13.
14.
15.
16.
17.
10.
19.
20.
21.
22.
23.
24.
Transfers Transfers Unexpended
Regular From Other To Other Regular Balance
Recei pts Codes Codes Dl SBURSEMENTS June 30, 1960
5 63 i! $ 3 66 278 35 t -0-
112 500 00 -0-
3 98 139 445 81 1 970 17
29 879 .'3 120 77
620 11 8 26 7 341 74
510 00 233 960 57 77 43
3 798 68 5 081 32
6 389 50 -0-
865 59 143 582 61 718 98
3 100 00 -0-
453 201 84 20 000 00 1 724 564 51 80 986 33
899 25 153 638 06 9 286 19
39 608 02 80 517 76 5 445 26
85 735 49 10 584 51
466 98 207 442 79 10 798 19
18 136 88 171 516 00 13 917 88
7 959 26 924 00 60 894 56 25 858 70
34 427 23 185 845 10 9 090 13
5 051 36 297 308 50 11 925 86
1 186 59 6 817 51 999 08
22 695 45 203 022 27 3 838 037 96 142 291 76
68 02 65 460 35 4 221 67
9 853 52 2 731 48
1 650 00 29 073 29 1 065 71
10 526 36 2 473 64
12 907
94
17
65
6 759 83
905 35
1 057 75 4 242 25
293 68 13 840 32
5 050 38 2 076 62
5 465 81 3 864 19
59 212 00 -0-
385 90
(CONTI NUEd)
1
•
290
139
584
95
08
43
94 95
92
415 57
17
Code
Number Appropr i A Tl ON
Leg i sla t i ve
Salary
Increases
Allotments
From
C & E
General Government (Cont'd.):
C. Executive and Administrative
25
Cont'd.
10441 25. Commission on The Study of The Cause
and Control of Cancer in N.C.
10603 26. Expense of Bond Election
10641 27. Contingency and Emergency
28. Reimbursements to C & E
10663 29, Salary Increases of State Employees
Subject to Personnel Act
10664 30. Salary Adjustments of State Employees
Subject to Personnel Act
10681 31. Capital Improvements (Clear i ng Account)
Total General Government
II Public Safety and Regulation:
1 . The Adjutant General:
12021 1. Adjutant General's Office
12023 2. Armory Commission
1 2041 * 2. State Ci vil Air Patrol
12061 3. State Council of Civil Defense
12081 4. Automobile Drivers' Financial
Respons i b i l i ty Program
12083 5. Law Enforcement Officers Death Benefits
12101 6. Utilities Commission
7. Insurance Department:
12121 1. Insurance Department
12123 2, State Property Fire Insurance
12125 3. Firemen's Relief
12127 4. Building Code Council
12141 8. Department of Lasor
12161 9. Industrial Commission
12181 10. State Board of Alcoholic Control
12201 11. Department of Agriculture - Gasoline
and Oil Inspection Services
Jotal Public Safety and Regulation
Correcti on:
1. Board of Correction and Training:
14021
14023
14025
14027
14029
14031
14033
1 , Genera-'l Admi n I strati on
2. Stonewall Jackson Training School
3. State Home and Industrial School for Girls
4. Morrison Training School
5. Eastern Carolina Training School
6. State Training School for Negro Girls
7. Leonard Training School
14101 2. Fugitives from Justice
Total Correction
-0-
-0-
2 125 000 00
1 983 000 00
350 000 00
65 000 00
481 053 00
55 500 00
15 000 00
76 765 00
196 649 00
-0-
244 642 00
347 024 00
250 000 00
1 750 00
7 311 00
459 613 00
260 969 00
448 598 00
322 190 00
47 581 00
406 391 00
266 644 00
423 572 00
199 896 00
158 239 00
189 629 00
6 000 00
5 604 00
4 476 00
6 540 00
11 568 00
4 800 00
8 772 00
7 116 00
1 6 76 00
6 492 00
3 660 00
5 844 00
2 988 OQ
2 028 00
891 00
1 731 00
336 718 10
S 12 117 630 72 $ 166 946 00 $ 560 019 60
3 699 00 $ 77 424 00
108 00
1 500 00
30 000 00
2 000 00
$ 3 167 064 00 $ 54 183 00 $ 109 424 00
8 1 697 952 00 $ 23 579 00 $ -0-
Conti nueo)
Exhibit "C"
Page 2
Regular
Recei pts
Transfers
From Other
Codes
Transfers
To Other
Codes
Regular
Dl SBURSEMENTS
Unexpended
Balance
June 30, 1960
25.
26.
27.
28.
29.
30.
31.
4 65
1 290 976 43(1)
1 264 790 00 (1$
37 187 00(1)
65 000 00
1 730 02
336 718 10
I 547 518 61 $ 242 630 29 $ 2 738 089 43 652 616 79
-0-
834 023 57
4 65
718 210 00
312 813 00
-0-
244 039 00
1.
2.
3.
4.
5.
6.
7.
9.
10.
11.
$ 80 358 42 $
8 591 94
170 957 06
121 639 36
1 479 95
234 601 90
20 887 72
4 944 66
1 839 77
40 215 66
185 840 '94
250 000 00
604 560 50
15 284 34
13 975 84
82 102 10
30 000 00
392 636 61
442 983- 44
1 750 00
741 06
706 824 71
276 931 86
437 401 56
315 936 76
37 973
-0-
92
1 132 16
4 754 84
16 412
-0-
06
27 438 45
32 219
-0-
-0-
92
8 049 89
958 19
9 724 86
24 913 10
15 209 01
I 645 300 78 $ $ 476 056 60 8 3 321 128 78 178 786 40
1.
50 192 71
24 951 73
36 638 45
25 491 86
17 796 48
1T 596 70
8 166 667 93 $
3 791 00
3 791 00
(Conti nued)
48 412 92
453 573 71
275 412 47
459 551 07
227 498 09
173 534 62
160 945 44
4 449 6 8
1 803 378 00
844 08
9 502 00
19 843 26
6 503 38
4 668 77
4 528 86
41 171 26
1 550 32
611 93
19
Code
Dumber
Publ i c Welfare :
16021
16041
16061
16063
16081
16101
16111
16121
16131
16141
16151
1. Department of Public Welfare
2. State Commission for The Blind
3 . Veterans Commi ssi on:
1 . Veterans Commi ssi on
2, County Service Offi cers
4. Confederate Women's Home
5. Oxford Orphanage
6. Junior Order Orphanage
7. Oxford Colored Orphanage
8. Odd Fellows Home
9. Pythian Home
10 Alexander Schools, Inc.
Total Publ i c Welfare
V
1 8021
'
18041
18043
18044
18045
18047
18049
18051
18053
18055
18057
18059
18061
18063
18081
18101
18103
18121
18122
18123
18141
18161
18181
18201
18221
18241
18261
1 8281
Educati on:
Department of Public Instruction
State Board of Education:
1. Nine Months School Fund
2. State Board of Education
3. Salary Supplement for Public School Teachers
4. Vocational Education
5. Purchase of Free Textbooks
6. Vocational Textile School
7. Purchase of School Buses
8. Administration of State School Plant
Construction, Improvement and Repair Fund
9. Vocational Rehabilitation
10. Vocational Education - Industrial Education
Centers
11.- Instruction and Training for Trainable
Mentally Handicapped Children
12. National Defense Education Program
13. Program of Education by Television
State 8oard of Higher Education
University of North Carolina (Consolidated):
5.
6,
7,
8,
9,
1 J
1 . General A dm i n i strati on
2. University of North Carolina
Range Program
3. University of North Carolina:
Long
A. University of North Carolina
B. Computer Laboratory
C Division of Health Affairs
4. State College of Agriculture and Engineering
5. The Woman's College
East Carolina College
The Agricultural and Technical College
Western Carolina College
Appalachian State Teachers College
Pembroke State College
Winston-Salem Teachers College
Leg i sla T
ve Allotments
Salary From
AppROPf I A Tl ON
277 00 $
I NCREASES
8 812 00 $
C & E
$ 8 651 15 500 00
947 988 00 3 693 00
321 006 00 7 620 00
90 000 00
55 531 00 1 224 00 15 000 00
52 250 00
55 000 00
86 000 00
11 000 00
11 000 00
22 000
052
553
00
00
00 8
21 349 00
10 524 00
$ 10 303 $ 30 500 00
1 526 $ 4 500 00
160 716 430 00
276 982 00 6 148 00
7 055 920 00
4 795 076 00 8 750 00
1 839 046 00
74 799 00 1 824 00
2 388 828 00
74 469 00 1 644 00
716 692 00 4 078 00
-0-
200 066 00
50 000 00
25 000 00
65 228 00
1 75 013 00
-0-
5 331 099 00
75 000 00
2 453 529 00
5 117 197 00
1 857 058 00
1 689 743 00
349 988 00
690 842 00
978 629 00
208 097 00
448 530 00
300 00
456 00
1 164 00
50 877 00
516 00
14 710 00
52 254 00
14 730 00
13 578 00
18 173 00
6 366 00
6 084 00
1 056 00
3 852 00
11 580 00
000 00
29 814 50
23 151 00
11 395 00
23 132 85
6 708 00
9 225 00
14 729 00
820 00
1 107 00
(CONTI NUED
20
Exhibi t "C"
Page 3
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
2.
1
.
2.
3.
4.
5.
6.
7.
10.
11 .
12.
13.
3.
4.
1.
2.
3.
4.
5.
5.
6.
7.
8.
9.
10.
Transfers Transfers Unexpended
Regular From Other To Other Regula r Balance
Rece ipts
32 468 76
Codes Codes Dl SBURSEMENTS
$ 53 655 662 66
June 30,1960
8 $45 972 961 48 $ 863 691 06 $ 161 665 50
158 555 94
213 80
3 553 354 38 881 15 4 649
315
88
917 99
76 7 02
898 93
12 792 18
13 072 78
1 101 07
5 370 41 15 000 00
$ 59
57
52
55
86
11
11
22
004
135 33
250 00
000 00
000 00
000 00
000 00
000 00
631 93
4 990 08
-0-
-0-
-0-
-0-
-0-
-0-
$ 196
39
608 91
924 26
$49 526 315 86 $ 879 572 23 $ 193 621 61
8 $ 63 767 29 $ $ 564 061 18 $ 81 207 37
2 764 308 76 1 175 457 00 25 000 00 163 420 757 81 1 210 437 95
1 635 26
7 055 920 00
247 387 68 37 377 58
-0-
1 943 552 51 44 038 00 6 587 154 76 204 261 75
31 817 37 137 500 00 1 733 359 95 3 42
5 113 79 21 096 00 94 187 93 8 644 86
874 214 73
48 54
969 902 60 208 696 54 4 024
66
248 79
306 58
-0-
9 854 96
56 190 45 1 652 478 30 2 429 434 53 4 22
1 370 94 360 566 20
11 512 45
25 687 40
313
198
25
018 76
633 60
000 00
48 918 38
1 799 95
24 312 60
-0-
4 50 55 258 44 18 430 06
40 795 11 34 046 00(1 182 059 30 866 81
1 65 25 000 00(1) 15 748 69 9 252 96
7 348 955 61 9 046 00(1) 12 569 279 66 200 512 45
260 258 47 335 773 76 71
2 945 038 90 5 360 398 40 52 879 50
5 426 982 98 10 303 511 50 310 073 48
2 112 608 67 45 000 00 3 863 487 99 87 303 68
2 380 958 15 4 102 288 85 5 123 15
2 087 197 59 3 434 959 19 27 107 40
1 073 205 80 19 215 00 83 654 52 1 649 967 69 65 231 59
1 431 413 77 15 255 73 285 672 53 129 927 51
110 043 97 317 823 93 2 193 04
418 166 27 13 769 25
(CONTI NUED)
794 430 41 90 994 11
21
Code
Dumber
V
18301
18321
18341
18361
18381
18403
18423
18425
18427
18429
18441
18461
18463
18481
18501
18521
18541
18542
18543
18561
18661
186 71
24061
24063
24081
24083
24085
24087
24089
Education (Cont'd.
11
.
12.
13.
14.
15.
16.
17.
Elizabeth City State Teachers College i
Fayetteville State Teachers College
North Carolina College at Durham
North Carolina School for The Deaf
State School for The Blind and The Deaf
Student Loan Fund:
1. State Board of Education - Teacher Education
North Car o lina Educational Radio and Television
Commi ss
i
on:
1. University of North Carolina - General
Administration -WUNC - TV
2. University of North Carolina - Station
WUNC - TV
3„ State College - Station WUNC - TV
4. The Woman's College - Station WUNC- TV
18. Department of Archives and History
19. State Lib rary:
1 . State Li brary
2, State Aid to Public Libraries
20. State Art Soci ety
21. North Carolina Symphony Society, Inc.
22. Roanoke Island Historical Association
23. Old Salem, Inc.
24. Highland Biological Station, Inc.
25. Moore's Creek Battleground Association
26. Southern Appalachian Historical Association
2 7. Department of Administration:
1 . Communi ty Colleges
2. Reserve for Higher Education Examination
Program
Total Education
IV Non-Highway Transportation:
22021 1. State Ports Authority
VI I Health and Hosp i tals:
24021 1 . State Boaro of Health
2. Medical Care Commission:
24041 1 .Admi N I strati on
24043 2. Indigent Care
3. University of North Carolina:
1. Memorial Hospital - Psychiatric Center
2. Memorial Hospital
Hospital Board of Controls:
1
.
General A dm i n
i
strati on
2. Alcoholic Rehabilitation
3. Dorothea D i x Hosp i tal
4. Broughton Hosp i tal
5. Cherry Hosp i tal
Leg i sla ti ve Allotments
Salary From
APPROPRI ATI ON I ncreases
1 2 280 00
C & E
347 159 00 I 351 00
379 376 00 2 808 00 671 00
1 053 752 00 9 147 00 6 399 00
865 095 00 10 384 00
752 641 00 8 846 00 12 540 00
330 000 00
62 506 00
53 499 00
53 383 00
39 226 00
397 465 00
119 707 00
455 776 00
132 057 00
30 000
-0-
00
50 000 00
7 500 00
500 00
-0-
208 662 00
25 000 00
1204 543 118 00
8 182 778 00
3 130 849 00
86 053 00
325 000 00
527 403 00
1 298 226 00
215 683 00
198 827 00
3 717 580 00
3 621 299 00
2 920 608 00
444 00
864 00
624 00
372 00
7 212 00
1 668 00
6 72 00
2 424 00
-0-
29 724 00
1 836 00
13 429 00
65 045 00
1 788 00
87 792 00
86 976 00
62 654 00
4 000 00
4 712 00
10 000 00
10 000 00
I 264 829 00 $ 192 835 35
-0-
143 454 00
65 000 00
, Con ti nued
22
Page 4
11
.
12.
13.
14.
15.
16.
1 ,
Transfers Transfers Unexpended
Regular From Other To Other Regular Balance
Rece ipts
1
Cooes Codes Ol SBURSEMENTS
$ 628 537 07
Jl
8
ne 30. 1960
291 312 13 $ 12 565 06
303 860 94 612 188 64 74 527 30
1 439 188 91 2 477 354 35 31 132 56
66 452 02 910 720 90 31 210 12
80 383 42 26 621 00
330 000 00
828 594 68 52 436 74
-0-
17.
1, 19 859 95 669 62 2 140 33
2.
3.
4.
18.
19.
1 .
2.
20.
21 .
22.
23.
24.
25.
26.
27.
1.
1.
13 070 31 57 116 73 316 58
2 841 00 55
3 a
577
470
08
13
1
1
270 92
127 87
23 022 15 11 690 00 422 817 55 20 571 60
2 806 52 114 313 21 9 86 8 31
527 32 456 661 11 314 21
1 340 82 128
30
10
5(
7
10
15Q
25
461
000
000
000
500
500
000
453
000
69
00
00
00
00
00
oo-
39
00
7
4
58
360 13
712 00
-0-
-0-
-0-
-0-
-0-
208 61
-0-
$33 598 473 54 $ 4 392 646 64 $ 1 972 272 64 $232 085
206
148
461
06
88
82 934 481 83
$ 28 970 41 5 $ 8 5 286 53
( 4 740 23 )
$ 372 86 7 78 $ 2 356 110 76 8 (166 147 00(1)$ 5 693 157 70 $ 168 960 61
13 47 85 86 8 83 2 033 64
1 060 00
( 25 000 00(1))
297 109 50 28 950 50
375 333 02
( 25 000 00(1))
(153 638 00 ) 707 057 26 30 469 76
2 401 997 61 ( 153 638 00 ) 4 008 903 79 2 82
49 179 55 198 827 00(1 ) 199 497 00(1) 224 486 34 41 494 21
38 108 25 190 025 00(1) 198 827 00(1) 195 508 97 32 624 28
736 437 48 15 300 00 4 309 347 43 247 762 05
650 386 56 4 164 565 46 194 096 12
486 915 62
(CONTI NUED)
3 315 074 62 155 103 00
23
Legislative Allotments
Code Salary From
Number Appropri ati on I ncreases C & E
V I I Health and Hospitals (C o nt'd.):
4. Hospital Board of Controls (Cont'd.):
2 592 728 00
135 570 00
106 932 00
39 923 00
26 374 100 000 00
34 716
-0-
-0-
42 162 00
3 900 00
588 00
540 00
24091 6. O'Berry School I 816 700 00 9 18 048 00 S
24093 7. John Umstead Hospital 2 872 957 00 69 348 00
24095 8. Murdoch School 1 222 028 00 31 596 00 45 000 00
24097 9. Caswell School 2 265 160 00 58 386 00
24201 5. North Carolina Orthopedic Hospital 449 451 00 10 788 00
24221 6. North Carolina Cerebral Palsy Hospital 196 688 00 4 956 00
7. North Carolina Sanatorium System:
24241 1. General Administration 41 666 00 228 00
24243 2. North Carolina Sanatorium 1 241 856 00 25 080 00
24245 3. Western North Carolina Sanatorium 1 077 583 00 24 840 00
24247 4. Eastern North Carolina Sanatorium 1 311 822 00 30 248 00
24249 5. Gravely Sanatorium 467 267 00 7 548 00
24261 8. North Carolina Cancer Institute, Inc. 26 000 00
Total Health and Hospitals I 28 030 706 00 $ 630 310 00 $ 253 454 00
VIM Natural Resources and Recreation:
1 . Depar tment of C onservation and Development:
26021 1. Department of Conservation and Development
26023 2. Division of Commercial Fisheries
26025 3. Division of Commercial Fisheries -
Shell f i sh Division
26029 4. State Planning Program
26031 5. Kerr Reservoir Development Commission -
Nutbush Conservation Area 00
228 00
26033 6. Research Triangle
26061 2= North Carolina Department of
Water Resources 00
696 00 27 979 00
26081 3. Commercial Fisheries Advisory Board -0-
2 000 00
26083 4. Wildlife Resources Commission - Motorboat
Fund Advance 100 000 00
26101 5. Atlantic States Marine Fisheries Commission 1 500 00
26121 6. North Carolina National Park, Parkway and
Forests Development Commission 8 114 00 144 00
26141 7. University of North Carolina - Institute of
Fisheries Research 82 710 00 492 00
26161 8. State College - Industrial Experimental Program 93 754 00 252 00
26181 9. Rural Electrification Authority 66 106 00 1 164 00
26201 10. North Carolina Recreation Commission 65 211 00 1 812 00
26221 11. Bennett Memorial 50 00
26241 12. Confederate Museum 200 00
26261 13. Confederate Cemetery 350 00
26281 14. Department of Archives and History -
Tryon Palace Commission 72 887 00 1 308 00
26341 15. Brevard Music Foundation, Inc. 7 500 00
Total Natural Resources and Recreation $ 3 433 125 00 $ 53 286 00 $ 131 479 00
(Conti nued)
24
Exhibit "C"
Page 5
1 . ., Transfers Transfers Unexpended
Regula r From Other To Other Regular Balance
Rece 1 PTS Codes C joes D I S8URSEMENTS June 30, 1960
29 038 22 $ 8 t 760 620 59 I 103 165 63
931 429 47 9 472 00(1) 3 640 595 78 242 610 69
132 735 90 1 337 965 63 93 394 27
423 280 36 2 399 892 00 346 934 36
49 056 96 491 630 45 17 665 51
18 842 12 203 227 42 17 258 70
1 501 00 43 173 04 221 96
328 241 46 1 501 115 64 94 061 82
173 955 85 1 177 781 38 98 597 47
203 819 91 1 444 921 32 100 968 59
40 112 12 509
26
317
000
78
00
5 609 34
-0-
$ 7 444 312 73 | 2 948 372 76 $ 141 849 23 % 36 537 320 93 $2 021 985 33
2.
3.
1 626 790 82
121 381 68
330 79
16 246 60
315 44
6 619 23
21 1 72 00
( 3 500 00
(159 037 0Q(
16 353 0Q(i;
(103 817 47 )
(341 537 00(1
3 945 053 11
251 41 7 27
102 112 39
37 620 30
26 391 97
100 000 00
478 537 19
1 126 69
S 175 262 71
9 434 41
5 738 40
2 736 50
525 47
-0-
36 827 51
873 31
100 000 00
500 00
7 11 84
-0-
-0-
1 068 16
16 372 52
9.
10.
11.
12,
13.
14.
15.
52 154 41 4 900 00
1 840 211 69 I 471 426 47
85 411
57 971
97 450 02
05
07
66 821 73
50 00
200 00
350 00
114 306 66
7 500 00
2 124 50
8 594 95
9 298 93
201 27
-0-
-0-
-0-
16 942 75
-0-
278 890 00 | 5 381 009 29 $ 269 628 87
(CONT I NUEO)
25
Code
Number APPROPRI ATI ON
Leg i sla ti ve
Salary
i ncreases
Allotments
From
C & E
IX
28021
28041
28061
28081
32021
32023
32025
32027
32041
32051
32061
32081
XI
Agr I CULTURE :
1. Department of Agriculture - Contribution
from General Fund
2. Agricultural Experiment Station -State College
3. Cooperative Agricultural Extension Service -
State College
4. State Soil Conservation Committee
Total Agriculture
Reti rement and Pensi ons:
1
.
Teachers and State Employees Retirement System:
1
.
Admi ni strati on
2. State Contribution
3. Teachers and State Employees Who Had
obtained age 65 at August 1, 1959
4. Minimum Retirement Benefits
2. Law Enforcement Officers Benefit and Retirement
Fund - Contribution from General Fund
3. North Carolina Firemen's Pension Fund
4. Pensions - Confederate Widows
5. Pensions - Widows of Governors
Total Retirement and Pensions
$ 1 201 539 00 $
1 958 102 00
2 599 184 00
30 550 00
I 5 789 375 00 $
Debt Servi ce:
34021 1
34041 2
34061 3
34081 4
34101 5
34121 6
34141 7
I nterest on Bonds
Redemption of Bonds
Expense of Bono Expense
Redemption of Old Compromise Bonds
Interest on Bond Anticipation Notes
Interest on Tax Anticipation Notes
La ndscr i pt Fund
Total Debt Servi ce
276 095 00
14 925 615 00
73 000 00
592 000 00
36 562 00
254 840 00
122 868 00
18 000 00
44 740 00
26 865 00
8 778 00
383 00 I
7 112 00
979
979 88
2 782 501 00 $
4 800 000 00
-0-
-0-
40 000 00
150 000 00
7 500 00
7 780 001 00 $ -0-
1 400 00
3 108 00
$ 16 298 980 00 | 7 112 00 $ 4 508 00
7 526 60
250 00
7 776 60
Total General Fund 343 781 72 |1 301 977 00 290 976 43
Note: In transfer columns - Items markeo (1) were transferred by Journal Entries - All others were transferred
by warrants.
Institutional and Departmental Receipts consists of Receipts as shown in column headed "Regular Receipts"
plus all items in column headed "Transfers from Other Cooes" except items marked (1).
Gross Expenditures consist of Disbursements as shown in column headed "Regular Disbursements" plus all
items in column headed "Transfers to Other Codes" except items marked (1).
26
Exhibit "C"
Page 6
Regular
Receipts
Transfers
From Other
Codes
Transfers
To Other
Codes
Regular
D
i
sbursements
Unexpended
Bala nce
June 30, 1960
1.
2.
3.
4.
239 618 70 1 952 098 37
144 579 66 2 639 789 88
1 171 460 00
4 146 693 94
5 306 308 71
28 553 45
74 819 00
29 990 13
87 002 71
1 996 55
J _ 384 198 36 $ 4 591 888 25 8 1 1 71 460 00 $ 9 481 556 10 $ 193 808 39
1 .
2.
3.
4.
5.
6.
7.
Total Items in Transfer
Columns marked (1
)
Total Other I tems i n
Transfer Column
09 80 S 43 079 00 % $
415 000 00(1) 15 340 615 00
292 143 14 8 34 952 66
-0-
70 00 177 000 00(1)
592 000 00(1)
238 905 51 11 164 49
-0-
33 20 37 913 66
11 763 99
81 54
243 076 01
75 00 125 976 00 75 00
13 000 00 5 000 00
988 00 I 635 079 00 $15 97 528 66 $ 681 788 64 ft 294 349 70
(2 024 085 11 )
|( 167 500 01 (1)$
4 800 000 00
167 500 01(1)
40 000 00
317 500 01
I 590 915
-0-
7 526 60 -0-
250 00 -0-
-0-
-0-
7 500 00 -0-
I 167 500 01 | 7 349 085 13 15 276 60 $ 590 915 88
44 853 250 96 $62 979 650 28 $37 583 803 92 $357 170 317 00 015 515 47
$ 1 558 407 01 $ 4 151 360 44
61 421 243 27 33 432 443 48
979. 650 28 $37 583 803 92
: 7
STATEMENT OF SPECIAL FUNDS
For the Fiscal Year Ended June 3-9. 1960
Code
Number
I General Government-.
1„ Department of Administration:
10801 1. State Surplus Commodities
10802 2. Federal Surplus Property
10803 3. Central Motor Pool
2. Local Government Commission:
10821 1. Law Publication Revolving Fund
Total General Government
12713 1.
12715 2.
12717 3.
12719 4.
12761 2.
12771 3.
12781 4.
12791 5„
12801 6.
12811 7.
12821 8.
12831
12835
12837
12839
12841
12843
12861
12863
12881
12901
Public Safety and Regulation:
1 <, Department of Motor Vehicles:
Drivers License Examination Fund$
Safety Responsibility Dep„ Acc't.
Dealers - Manufacturers
License Fund
Bus Regulation Depository Acc't.
Gasoline &Oil Inspection Fund
Commissioner of Banks
Burial Association Commission
State Board of Barber Examiners
State Board of Cosmetic Arts
State Board of Opticians
Professional Engineers and
Land Surveyors
I nsurance Department •
State Property Fire Insurance
Fund
2. Workmen's Compensation Securi
A. Mutual Account
B. Stock Account
3„ Publication Fund
4o Firemen's Relief Fund
5 Firemen's Pension Fund
10. Rtatf Council of Civil Defense:
1. Hurricane Disaster Relief
2 Sup vi val Plan Project
11„ Industrial Commission-Second
Injury Fund
12, Land Titles, assurance of
9.
1,
Sale of
INVESTMENTS
Cash Tr ans fers Collection of
Balance From Other Interest and Other
July 1, 1959 Codes Loans Recei pts
* 105 365 30 ft
-0-
93 102 83 -0-
-0- 20 000 0(3
199
692
150
05
18
924 00
ft 1 20 924 00
-0-
-0-
-0-
-0-
TY
141 316 01
15 075 45
126 921 92
46 000 QQ
-0-
397 063 87
19 442 63
3 7 639 71
81 951 33
9 002 71
22 459 90
56 915 29
Fund:
6 065 23
5 095 38
13 971 06
24 620 42
115 316 76
411 670 30
3 133 77
66 110 91
2 453 10
250 000 00 253 546 20
9 576 29
11 235 60
$ 261 707 91
448 897 09
63 7 306 73
596 00
$ 1348507 73
1 378 059 47
12 024 00
78 620 00
3 700 00
4 976 824 96
243 485 58
57 134 87
60 945 00
85 064 46
2 012 50
5 730 60
71 188 60
7 535 00
154 ldl7 40
9 565 39
45 926 77
14 575 00
111 02
Total Public Safety and Regulation ft 1 602 225 75 ft 250 000 00
(Conti nued)
jj 274 268 09 8 7 206 600 62
J6
EXHJBIT "D"
Transfers
to Other
Codes
Purchase -or
hryE 5 T HE N 1 8
a no/or Loans
Made
Other
Disbursements
-Cash
Balance
June 30. 1960
I nvestments
(Par Value)
6-30-60
Cash and
Investments
6-30-60
1.
1.
2.
3.
-C-
-0.
267 468 49
459 310 99
631 650 14
99 604 72
82 688 93
25 656 59
99 604 72
82 688 93
25 656 59
-0-
-0-
1 366 40 845 65
$ 1 359 796 02 $ 208 795 89
845 65
208 795
1.
1.
2.
$ 1 411 449 05 2 429 79
16 787 00
105 496 64
10 312 45
105 496 64
10 312 45
3.
4.
2.
3.
4.
5.
6.
7.
65 313 50
4 976 824 96
333 00
4 420 83
226 396 53
50 402 05
53 879 94
62 843 39
1 170 50
139 895 42
45 2 79 17
-0-
414 152 92
26 175 45
44 704 77
104 172 40
9 844 71
139 895 42
45 279 17
_0_
414 152 92
26 175 45
44 704 77
104 172 40
9 844 71
e.
9.
28 190 50 -0- „o_
.1.
2.
.A.
B.
10.
3.
.4.
5o
•
1.
2.
11.
12.
ft 6 453 587 51
391 142 90 1 . e 772 61 111
15
16
644
641
330
58
52
98
2 100 000 00
328 000 00
384 000 CO
2 211 644 58
343 641 52
400 330 98
'-
175 88 14 320 <~ 14 320 18
138 802 11 39 925 71 39 925 71
124 882 15 -0= _0=
423 590 86 24 006 ,/. 54 006 21
3 133 77 =0- =0=
29 695 27
?
2
990
564
84
12
50 990 64
2 564 12
a 391 142 90 $ 1 302 906 18 1 185 457 87 1 2 812 000 00 * 3 997 457 87
(CONTI NUED)
29
Code
Number
Sale of
INVESTMENTS
Cash Transfers Collection of
Balance From Other Interest and Other
July 1. 1959 Codes Loans Recei pts
1 1 1 Correction;
1. PRISON BrPAffTHENT:
14811 1. Mental Health Project $ -0-
14821 2. Central St* vices Revolving ?um 207 828 55
14831 3. Enterprises Revolving Fund 1 014 539 18
Total Correction
Public Welfare;
1. Department of Public Welfare
16721 11. Old Age Assistance
16723 2. Aid to Dependent Children
16729 3. Aid to totally and
Permanently Disabled
16733 4. Hospitalization of Assistance
Recipients
Chi ld Welfare Ser vices
Disability Determinations
Homemaker Service to the Aged
State Commission for the Blind;
Bli nd Aid - Fe deral
Blind Ai d - Admi n. - Federal
Blind Aid - County
Vocational Rehabilitation
Research Fund
Confederate Women Home - Trust Fd,
16735 5.
16737 6.
16738 7.
2
16761 1.
16763 2„
16765 3.
16767 4„
16769 5.
16801 3.
V
18801
18806
18811
13816
18821
18826
18831
18836
18841
18846
18851
18856
18861
18866
18871
Total Publi c Welfare
.Ed ucation;
1. State Board of Education;
1. Administration of School Plant
Construction, Improvement
and Repair Fund
2 State Literary Fund
3. DepTo of Education Special Fund
4. State Textbook Commission
5. State Board of Commercial Educ.
So Community School Lunchroom Prog.
7. Veterans Training Program
8„ Public School Insurance Fund
9„ Vocational Education - Federal
10. Vocational Textile School
11. Better Roads and Schools
12„ Student Loan Funds:
A. Teacher Education
B. Rodman Trust Fund
13. Resource Use Education Fund
14. Health Education - Rockefeller
1 222 367 73 $
1 605 411 63
1 086 998 15
640 231 54
738 560 24
8 484 98
11 387 59
10 481 79
29 299 38
16 384 70
9 063 81
16 779 55
6 027 14
774 78
2 467 857 50
9 034 91
50 694 34
4 179 885 28 8 2 527 586 75 J_
5 466 38
810 956 33
54 737 45
156 629 88
8 546 22
84 517 81
433 276 07
492 784 23
67 344 93
4 062 19
262 50
26 100 59
31 019 18
1 080 18
573 09
(CONTI NUED)
-0-
5 025 48
4 927 432 49
5 712 704 32
-0- $ 10 645 162 29
485 664 73
84 212 00
137 500 00
330 000 00
3 79 046 20
187 50
7 126 10
1 015 00
19 265 310 97
21 139 967 00
8 286 684 70
6 937 50
541 860 66
468 690 65
15 000 00
2 818 485 78
5 336 75
517 387 29
475 273 61
& 53 540 934 91
8 266 00
89 327 33
1 661 359 12
1 625 00
5 3 78 984 09
329 118 23
556 399 76
3 600 423 98
20 249 64
4 72
30
Exhibit "D"
Page 2
Purchase or
Transfers 1 NVESTMENTS Cash I NVESTMENTS Cash and
to Other and/or Loans Other Balance (Par Value) I NVESTMENTS
Codes Made Dl SBURSEMENT3 June 30 o 1960 6-30-60 6-30-60
1.
2.
3.
2.
367 000 00
$ 367 000 00
1. 19 127 609 34
2. 20 326 791 2 6
3. 8 125 119 77
4.
5. 3 284 26
6. 18 596 36
7.
1. 2 591 503 49
2. 55 701 92
3. 513 524 61
4. 43 7 321 56
fr. 6 027 14
$ 51 205 479 71
95 41
066-267 62
391 304 52
30 414 22
557 60
122 05
2 399 3 72 85
521 086 14
466 937 29
24 440 20
4 930 07
66 9*3 2-2
968 938 98
1 712 699 04
1 899 616 29
801 674 42
813 982 39
25 975 24
2 544 59
10 076 50
256 281 67
16 713 87
12 926 49
54 731 60
-0-
774 78
$ 10 459 667 75 $ 1 040 862 2 7 |
4 930 07
66 993 22
968 938 98
1 040 862 27
-0-
. 8 3 434 930 35 S 5 607 996 88 8
8 1 712 699 04
1 899 616 29
801 674 42
813 982 39
25 975 24
2 544 59
10 076 50
256 281 67
16 713 87
12 926 49
54 731 60
-0-
774 78
8 5 607 996 88
1.
1. !1 8 1\ 4 052 28 :& 1 414 10 & 8 1 414 10
2. 854 900 00 2 473 96 447 513 10 2 035 687 40 2 483 200 50
3. 134 944 08 93 332 70 93 332 70
4. 1 746 981 92 1 208 507 08 1 208 507 08
5 4 1 430 31 8 74C 91 8 740 91
6. 4 884 633 36 5 78 B68 54 578 868 54
7. 565 260 44 197 133 86 197 133 86
B. 897 100 77 140 995 26 390 134 16 3 200 000 00 3 590 134 "6
9. 3 587 655 97 80 112 94 80 112 94
10. 21 096 00 58 08 3 157 75 157 75
11.
12.
A.
450 00 5 000 00 5 450 00
287 206 00 4 72 76 020 69 592 664 12 668 684 81
B. 195 00 31 839 18 46 034 60 77 873 78
13. 1 080 18 •j 080 18
14. 123 29 449 BC 449 80
(CONTI NUED)
31
Sale of
Investments
Cash Transfers Collection of
Balance From Other I NTEREST ANO Other
July 1, 1959 Codes Loans Recei pts
Code
Number
V Education (Cont'd.):
1. State Board of Education (Cont'd.):
18872 15. Stonewall Jackson Mem. Fund $ 1 090 21 $ $ 775 00 8
18873 16. National Defense Educ. Program 722 627 64 25 687 40 2 770 930 63
18876 17. Driver Training & Safety Educ. 1 984 291 03 1 690 646 61
18901 2. Medical Care Commission - Student
Loan Fund , 445 732 12 40 769 96 49 00
3. University of North Carolina:
18921 1. University Enterprises 1 066 874 78 4 383 642 08
18926 2. Escheat Refund Account 35 65 422 22
4. State College of Agriculture
and Engineering:
18941 1. Self-Liquidating Dorm. Fund 48 230 23 118 021 30
18946 2. Operation of Coliseum 8 734 55 111 170 59
18961 5. State Art Society - Gift Acc't. 9 488 55 10 980 31
6. State Library:
18981 1. Federal Fund 12 566 44 302 619 82
18982 2. Library Community Project 4 425 31 2 000 00
Total Education ft 7 481 453 54 8 577 399 40 8 914 584 49 8 21 036 2^0 43
VI Health and Hospitals:.
1 . 'State Board of Health: :
24721 1.1 Fedesal Funds 8 366 $ $ $ 2 274 822 07
24723 2. Bedding Fund 28 548 36
34 316 50
2. Medical Care Commission:
24821 1. Hospital Construction-Federal 7 756 648 57
24823 2. Hospital Survey - Federal
24841 3. Hospital Board of Control -
Mental Health Fund 1 661 04
7 613 96
24861 4. R. B. Bizzell Fund for
Treatment of T. B.
617 85
-0-
2 702 48
10 362 77
Total Health and Hospitals 8 409 892 5500 8 -0- 8 -0- 8 10 073 401 10
VI I Natural Resources and Recreation:
1. Department of Conservation and
Development:
26721 1. Kerr Reservoir Development
Commission $ 500 21 $ 8 I 2 620 36
26723 2. Soil Bank Program 34 768 92
56 321 65
26725 3. State Planning Program 30 150 53
92 676 75
26727 4. Watershed Project 701 78
14 732 47
2. Wildlife Resources Commission:
26741 1. Wildlife Resources Commission 497 66
2 567 546 85
26743 2. Motorboat Fund -0-
100 000 00 101 408 00
26751 3. Department of Water Resources-Fed. 97 934 18
26761 4. Research in Economics of Fisheries
I ndustry
26781 5. Tennessee Valley Authjrity 592 53
107 928 13
32
8
3 192
-0-
4 641 81
104 Continued)
Exhibit "D"
Page 3
Purchase of
Transfers Investments Cash Investments Cash and
to Other ano/or Loans Other Balance (Par Value) Investments
Codes Made Disbursements June 30, 1960 6-30-60 6-30-60
15.
16.
17. 52 254 84
1 831 472 00
1 121 223 30
1 865 21
1 687 773 67
2 501 459 50
20 000 00 21 865 21
1 687 773 67
2 501 459 50
123 736 00 49 00
4 421 930 26
422 22
362 766 08
1 028 586 60
35 65
506 147 58 868 913 66
1 028 586 60
35 65
5.
6.
93 272 13
118 767 60
9 794 97
277 422 80
3 2 79 68
72 979 40
1 137 54
10 673 89
3 7 763 46
3 145 63
72 979 40
1 137 54
10 673 89
3 7 763 46
3 145 63
ft 3 661 006 81 2 162 942 77 ft 15 358 786 66 8 8 826 941 62 6 405 533 70 ft 15 232 475 32
1. 8 2 321 156 17
2. 34 954 59
2.
1.
2.
3.
4.
ft 2 356 110 76
42 256 45 $ 278 027 30
210 50 27 699 77
> 756 648 57 -0-
2 702 48
9 275 00 -0-
10 362 77
-0- 390 52 318 792 32 -0-
8 278 027 30
27 699 77
-0-
2 704 48
-0-
10 362 77
8 318 792 32
1.
2,
3.
4.
1 849 86
32 801 89
97 278 02
15 151 15
1 2 70 71
58 288 68
25 549 26
3 283 10
1 2 70 71
58 288 68
25 549 26
3 283 10
1.
2.
3.
4.
5.
157 231 20
95 201 00
2 466 358 28
111 508 61
191 752 93
441 150 03
89 899 39
2 733 18
4 641 81
20 767 73
441 150 03
89 899 39
2 733 18
4 641 81
20 76 7 73
(CONTI NUED)
33
Sale of
I nvestments
Cash Transfers Collection of
Code Balance From Other I nterest and Ot HER
NUMBE
Natural Resources and Recreation (Cont'd
July 1. 1959
•Jj.
Codes Loans Rec I PTS
VII
26801 6, Forest Reserve Fund ? -0- 3 8 $ 233 352 72
26821 7 C Federal 75% Receipts from Flood
Control Lands
Total Natural Resources & Recreation
7 404 00
S 3
4
279
753 19
$ 682 952 44 a 100 000 00 JL -0- 274 30
VI II AGRI CULTUREt
1. Department of Agr
i
cultur e : I t I J
28721 1. Department of Agriculture 127 214 19 1 233 417 71 1 320 119 50
28725 2„ N. C. Ml LK Commi SSION
3. State Warehouse System:
98 236 47 94 760 98
28727 A„ Supervision 14 287 32 29 752 96 16 930 13
28729 8. Principal Fund 23 8 79 63 74 024 00
28731 4. Cooperative Inspection Service 192 981 65 1 000 00 432 612 82
28733 5. Egg Inspection Service 17 021 97 22 107 92
28735 6= Structural Pest Control 15 431 35 17 152 00
28737 7. Voluntary Poultry Inspection 2 161 70
28 739 8. Credit Union Supervision 13 715 52 48 808 74
28 741 9„ State Fair 110 343 33 303 392 41
28743 10„ Surplus Commodities Revolving Fund 97 610 33 9 610 25
28745 11. Sheep Distribution Project 43 253 89 100 010 70
28749 12. Research and Mar keti ng 14 228 01 58 697 54
28751 13. Special Depository Account 9 750 00 3 750 00
28753 14„ Voluntary Meat Inspection
2„ State College of A & E:
8 123 33 73 927 49
28821 1„ Agriculture Experiment Station 10 000 00 1 138 584 00
28823 2. Experiment Station - Gift 219 364 32 864 125 74
28841 3o Cooperative Agricultural
Extension-Smith Lever-Federal
Total Agr
i
culture
Employment Security Commission:
15 164 25 2
7
627
132
934 75
1 1 032 767 26 1
1
233 417 71 L 104 776 96 ? 524 97
IX
1 „ Employment Security Commission:
30721 1o Administration Account $ 728 402 98 3 t s 5 129 014 02
30723 2. Special Unemployment Compensatio 208 941 51 62 842 31
30725 3. Claims and Benefits Account 824 510 12 31 527 160 17
30727 4. Clear i ng Account 28 467 08 37 765 334 22
30729 5. Federal Employees Benefit Acc
Total Employment Security Commission
Retirement and Pensions:
T. 485 347 50 2 368 923 91
$ 2 275 669 19 $31 527 160 17 JL -0- $ 45 326 114 46
X
32761 1. Teachers and State Employees
Retirement System
32763 2. Local Governmental Employees
Retirement System
32781 3. Social Security Program
480 967 12
227 720 58
16 265 56
17 518 873 03 $58 746 530 16 $ 16 332 500 05
7 175 576 78
13 937 962 17
2 253 146 47
8 753 813 39
(CONTI NUED
34
Exhibit "Q"
Page 4
Transfers
to Other
Codes
Purchase of
1 nvestments
and/or Loans
Made
Other
Di sbursements
Cash
Balance
June 30, 1960
1 nvestments
(Par Value)
6-30-60
Cash and
1 nvestments
6-30-60
6. t $ 8 233 352 72 t _0- 8 8 -0-
7,
$
12
3 162
157
210
19
65
-0- -0-
1 252 432 20 If
-0- $ 647 583 89 1 -0- $ 647 583 89
1.
4.
5.
6.
7.
1. 2 649 73 38 31 678 02 100 000 00 131 678 02
2. 97 999 14 94 998 31 94 998 31
A. 46 953 32 14 017 09 14 017 09
B. 75 000 00 6 536 41 16 367 22 694 420 00 710 78 7 22
3 726 00 394 303 04 228 565 43 40 000 00 268 565 43
24 171 62 14 958 27 14 958 27
17 865 38 14
2
717
161
97
70
14
2
717 97
161 70
39 895 18 22 629 08 22 629 08
321 286 45 92 449 29 92 449 29
10 553 57 96 66 7 01 96 667 01
91 711 37 51 553 22 51 553 22
54 617 71 18 307 84 18 307 84
5 500 00 8 000 00 8 000 00
68 698 75 13 352 07 - •3 352 07
1. 1 146 341 34 2 242 66 2 242 66
2. 805 75 7 03 277 733 03 277 733 03
3. 2 639 789 88 3 309 12 3
1 838
309 12
8 4 650 231 96 $ 75 000 00 1 3 774 547 61 !| 1 003 707 33 $ 834 420 00 | 127 33
1o $
2.
3.
4. 37 630 000 00
5.
$ 37 630 000 00 -0-
5 588 846 96
41 228 23
31 994 192 98
138 401 49
2 700 743 41
40 463 413 07
268 570 04
230 555 59
357 477 31
25 399 81
153 528 00
1 035 530 75
268 570 04
230 555 59
357 477 31
25 399 81
153 528 00
1 035 530 75
12 433 813 92
1 504 148 25
1 73 131 581 47
4 260 080 56
7 266 717 60 $
3 716 188 93
21 420 146 75
(CqnTI NUED)
246 757 37 $262 175 979 04 $262 422 736 41
176 026 09 28 659 500 00 28 835 526 09
1 287 894 37 -0- 1 287 894 37
33
Sale of
I nvestments
Cash Transfer s Collection of
Code Balance From Other I nterest and Other
NuMBE
Retirement and Pensions (Cont'd.):
July I. 1959 Codes Loans Recei pts
X
32801 4, Law Enforcement Officers'
Benefit & Retirement Fund $ 52 079 76 8 37 913 66 8 698 053 75 $ 1 543 970 71
32821 5. Spanish American War Veterans 6 256 43
32823 6. N. C. Firemen's Pension Fund
Total Retirement and Pension
Debt Service:
-0-
J
173 225
29 056 655
00
8 783 289 45 $31 494 748 86 $66 620 160 69 62
XI
1. Bond Redemption:
34761 1. Highway Fund Bonds 8 4 560 000 00 •12 350 000 00 8 8
34763 2. General Fund Bonds 563 600 00 4 850 000 00
34765 3. TVA - Swain County Bonds
2„ Revenue Bond Redemption:
119 04
34767 1. University of North Carolina -0- 65 000 00
34769 2. State College of A & E -0- 24 000 00
34771 3. The Woman's College
3„ Bond Interest:
-0- 18 000 00
34821 1. Highway and General Funds 1 846 580 28 5 884 550 00
34823 2. Highway Fund - Old Account 91 621 30
34825 3 = General Fund - Old Account 47 813 26
34827 4„ Jones County Bond Interest
4„ Revenue Bond Interest:
18 76
34829 1. University of North Carolina -0- 1 036 25
34831 2. State College of A & E -0- 405 00
34833 3„ The Woman's College
5„ Pri noi pal Reser ve:
-0- 315 00
34861 1. Self-Li qui dati ng Bonds-U.N.C, 32 311 00
34863 2. Self-Liquidating Bonds-State College 24 000 00
34865 3. Self-Liquidating Bonds-
The Woman's College
6„ I nter est Reser ve:
15 100 00
34881 1. Self-Liquidating Bonds-trwr
tensity ar It. C. 33 725 25
34883 2. Self-Liquidating Bonds-
State College 405 00
34885 3. Self-Liquidating Bonds -
The Woman's College
7. Debt Ser vi ce Reser ves:
3 215 00
34903 1. Appalachian State Teachers College -0- 15 255 73
34905 2. Western Carolina College
Total Debt Ser vi ce
100 153 58 83 654 52
$ 7 318 662 47 |23 292 216 50 JL -0- ? -0-
(CONTI NUED)
36
Exhibit "D"
Page 5
Purchase of
Transfers Investments Cash Investments Cash and
To Other and/or Loans Other Balance (Par Value) Investments
Codes Hade Disbursements June 30, 1960 6-30-60 6-30-60
4.
5.
6.
$ 1 865 72 7 05 $ 409 791 29
1 045 42
2 505 00
$ 13 937 962 17
56 499 54
5 211 01
170 720 00
$ 18 176 338 53 $
25 7 389 08 $ 32 816 394 99 fl 1 943 108 38 $309 011 817 57
18 232 838 07
5 211 01
170 720 00
310 954 925 95
1-
4.
5.
6.
1. 1
2.
3.
1.
2.
3.
1.
2.
3.
4„
1.
2.
3.
1. 32 311 00
2. 24 000 00
3„ 15 100 00
1. 33 725 25
2. 405 00
3. 3 215 00
1.
2.
$ 108 756 25
$ 12 382 000 00 $ 4 528 000 00
4 831 000 00 582 600 00
119 04
65 000 00 -0-
24 000 00 -0-
18 000 00 -0-
6 013 695 95 1 717
91
47
434 33
621 30
813 26
18 76
1 036 25 -0-
405 00 -0-
315 00 -0-
-0-
-0-
-0-
-0-
-0-
-0-
15 255 73
57 622 50 126 185 60
23 393 074 70 % 7 109 048 02
4 528 000 00
582 600 00
119 04
-0-
-0-
-0-
1 717 434 33
91 621 30
47 813 26
18 76
-0-
_0-
-0-
-0-
-0-
-0-
-0-
-0-
-0-
15 255 73
126 185 60
7 109 048 02
(CoNTl NUED)
37
Sale of
Investments
Cash Transfer s Collection of
Balance From I nterest and Other
July 1. 1959 Other Codes Loans Recei pts
Code
Number
XI I Capital Improvements:
1941 Capital Improvement Fund:
64101 1. Atlantic & N. C Railroad $ (5 70)
$ $ 1 090 90 $
64111 2. Eastern N. C. Sanatorium
1943 Capital Improvement Fund:
64301 1. University of North Carolina
64302 2. The Woman's College
1947 Capital Improvement Fund:
64731 1. University of North Carolina 32 462 : ui7 ;; 135 663 94
64732 2. State College of A & E
64733 3. The Woman's College
64736 4. Western Carolina College
64737 5. Appalachian State Teachers
College ."- '/ i
. ::C,
64738 6o Pembroke State College
64739 7. Winston-Salem State Teachers
College
64751 8 Medical Care Commission
64752 9. Dorothea Dix Hospital
64753 10. Broughton Hosfital
64756 11. John Umstead Hospital ;•'-- ;•
64757 12. N. C. Orthopedic Hospital
64758 13. N. C. Cerebral Palsy Hospital
64759 14. North Carolina Sanatorium
64761 15. Western N. C Sanatorium
64763 16. Eastern N. C. Sanatorium
64771 17. Oept. of Conservation and
Development
1949 Capital Improvement Fund:
64901 1. General Ser vi ces
64915 2» State Training School for Negro
Girls
64922 3. University of North Carolina
64923 4. U. N. C. - Dental School
64924 5. State College of A & E
64925 6. The Woman's College
64927 7. Agricultural & Technical College
64929 8. Appalachian State Teachers College
64931 9. Pembroke State College
64932 10. Winston-Salem Teachers College
64951 11. Medical Care Commission
64953 12. Broughton Hospital
64958 13. North Carolina Sanatorium
64959 14. Western N. C Sanatorium
64961 15. Eastern N. C. Sanatorium
64971 16. Dept. of Conservation & Dev.
64972 16. Commercial Fisheries 687 33
28 18
64981 17. Department of Agriculture
64982 18. Agriculture Experiment Station
454 181 15
49 369 68
93
30
4 200 78
3 715 80
40 498 80
35 132 46
33 40
48 301 02
2 162 50
26 517 OS
4 611 98
248 882 36
3 740 92
15 567 79
4 093 04
18 303 89
84 111 43
31 367 58
189 37
2 322 87
7 426 27
3 119 93
7 113 49
6 994 86
124 638 16
11 405 93
856 04
19 639 45
45 079 78
1 2 79 84
10 02 7 72
5 843 93
77 305 79
130 745 38
2 1 3 74 30
104 84
(Continued)
38
Exhibit "D"
Page 6
Transfers
to Other
Codes
Purchase of
i nvestments
and/or Loans
Made
Other
Dl SBURSEMENTS
Cash
Balance
June 30, 1960
i nvestments
(Par Value)
6-30-60
Cash and
i nvestments
6-30-00
1.
2.
1.
2.
1.
2.
3.
4.
5.
6o
9.
10.
11.
12.
13.
14.
15.
16.
17,
1.
2.
3.
4.
5.
6.
7.
8.
9o
10.
11.
12.
13.
14.
15.
16.
16.
17.
18.
93
3 715 80
18 850 00
35 136
189 37
6 951 53
6 994 86
31 490 00
12 783 06
108 152 72
1 216 25
11 763 23
49 021 58
184 508 10
3 740 92
13 811 67
20
3 119 93
3 678 97
49 763 47
75 262 81
1 869 62
(CONTI NUED)
(4 363 80)
181 15
36 586
-0-
62
141 980 57
2 984
-0-
53
9 885 5 7
4 110 88
33 40
48 301 02
2 162 50
26 517 08
4 611 98
,118 867
-0-
96
15 567 79
4 093 04
18 303 89
84 111 43
17 555
-0-
91
2 322 67
474 74
-0-
3 434
-0-
52
43 384 69
11 405 93
856 04
19 639 45
45 079 78
1 2 79 B4
10 027 72
5 843 93
77 305 79
55 482 57
845 89
1 3 74 30
104 84
4 363 80 -0=
181 15
36 586 62
141 980 57
2 984 53
9 885 57
4 110 88
33 4
48 301 02
2 162 50
26 517 Ob
4 611 98
118 867 96
15 567 79
4 093 04
18 303 89
84 111 43
17 555 91
2 322 67
4 74 74
3 434 52
43 384 69
11 405 93
856 04
19 639 45
45 079 78
1 2 79 84
10 027 72
5 843 93
77 305 79
55 482 57
845 89
1 374 30
~i04 84
39
Code
Number
XII Capital Improvements (Cont'd
64921
Sale of
Investments '
Cash Transfers Collection of
Balance From Other I nterest and Other
July 1. 1959 Codes Loans Receipts
1949 Capital Improvement Fund (Cont'd.
65101
65111
65122
65131
65141
65142
65316
65317
65318
65319
65324
65325
65326
65331
65332
65337
65341
65342
65347
65352
65353
65355
65366
65367
65368
65372
653 73
653 74
653 76
653 77
65382
School Plant Construction,
Improvement ano Repair Fund $
1951 Capital Improvement Fund:
1. General Services
2. N. C. Armory Commission
3. Appalachian State Teachers
College
4. Medical Care Commission
5. Cape Hatteras Seashore Comm.
6. Restoration of Tryon Palace
1953 Capital Improvements - New Projects;
3 000 00 $
506 93
874 92
12 922
11 445
5 486
12 625
50
93
79
45
1.
2.
3.
4.
5.
6.
7.
9.
1 .
University of North Carolina
State College of A & E
The Woman's College
East Caroli na College
Appalachian State Teachers
College
Pembroke State College
Wi nston-Salem State Teachers
College
Medical Care Commission
North Carolina Sanatorium
Agricultural Experiment Station
1953 Capital Improvements - Bond Fund:
1= General Ser vi ces
2o Department of Agriculture
3» N. C„ Armory Commission
4„ Stonewall Jackson Training Sch„
5. State Home and Industrial
School for Girls
Bo Eastern Carolina Training School
7. University of North Carolina
8„ State College of A & E
9. The Woman's College
10o Western Carolina College
11. Appalachian State Teachers
College
12. Winston-Salem State Teachers
College
13. Fayetteville State Teachers
College
14. N. C. College at Durham
15. Eastern N. C. Sanatorium
7 360 16
1 365 24
16 97
153 79
20 982 89
215 04
33 000 00
191 821 22
30 385 56
989 16
523 64
219 53
078 00
716 47
24 148 93
1 708 80
8 450 40
5 023 04
14 93
9 753 29
19 042 79
13 661 51
59 47
4 678 18
100 000 00
(CONTI NUED)
21 310 81
238 770 78
40
Exhibit "D"
Page 7
1.
2.
3.
4.
5.
6.
1 =
2.
3.
4.
5.
6.
9.
10.
1o
2.
3.
4„
5.
6
7o
B.
9.
10.
11.
12.
13.
14.
15.
Purchase of
Transfer s I NVESTMENTS Cash Investments Cash and
To Other a no/or Loans Other Balance (Par Value) I NVESTMENTS
Cooes Made Dl SBURSEMENTS June 30 3 1960 6-30-60 6-30-60
7 360 16
16 97
2 695 36
14 93
4 050 00
z 3 000 00
3 506 93 -0-
2 036 74 29 148 99
12 922 50 _0-
11 445 93
5 486 79
242 865 75 8 530 48
-0-
1 365 24
-0-
153 79
646 03 20 336 86
215 04
33 000 00
140 651 57 51 169 65
8 329 04 22 056 52
989 16
523 64
409 99 2 809 54
3 078 00
1 716 47
24 148 93
1 708 80
1 641 51 4 113 53
636 61 4 386 43
-0-
5 280 44 422 85
10 869 16 8 173 63
690 00 12 971 51
59 47
4 387 38 290 80
100 000 00
3 000 00
29 V 99
11 445 93
5 486 79
8 530 48
1 365 24
153 79
20 336 66
215 04
33 000 00
51 169 65
22 056 52
989 16
523 64
2 809 54
3 078 00
1 716 47
24 148 93
1 708 80
4 113 53
4 386 43
422 85
8 173 63
12 971 51
59 47
290 80
100 000 00
(CoNTI NUEO)
41
Code
Number
Sale of
I nvestments
Cash Transfer s Collection of
Balance From Other I NTEREST AND Other
July 1
r 1959 Codes Loans Recei pts
Capital I mprovements(Cont' d. ):
1953 Capital I mprovements-Mental
I NSTl TUTi ows;
Dorothea Di x Hospital $
Broughton Hospital
Cherry Hospital
John Umstead Hospital 159 855 18
27 500 00
65391 1.
65392 2.
65393 3.
65394 4.
65395 5o
65396 6.
7.
56 414 24
19 371 27
466 871 79
22 934 70
37 631 75
16 801 93
Murdoch School 7 636 88 441 82
Caswell School
Expense of Bond Sale
65399 School Plant Construction and
Improvement Bond of 1953 2 737 196 74 3 138 98
1957 Capital Improvement Fund:
General Services 282 396 94
178 645 52
No C. Armory Commission 378 748 44
643 337 42
N. C. Board of Correction
& Trai ni ng
Stonewall Jackson Training Sch. 7 State Home and Industrial
School for Girls
Morrison Training School
Eastern Carolina Training School
State Training School for
Negro Girls
Prison Department 20 6 615 25
Confederate Women's Home
Uni versity of No C -
General Admi ni stration
University of North Carolina
State College of A & E
State College Revolving Fund
The Woman's College
East Caroli na College
Agriculture & Technical College
Western Carolina College
Appalachian State Teachers
College
Pembroke State College
Winston-Salem Teachers College
Elizabeth City State Teachers
College 4 302 73
65745 23. Fayetteville State Teachers
College 13 795 09
N. C„ College at Durham 4 861 57
N. C School for the Deaf 25 681 87 3 958 00
State School for the Blind
and the Deaf 289 224 36
65749 27. Community Colleges-Dept. of Admin.1246 268 00
(Conti nued)
42
65 701 1.
65 706 2.
65710 3.
65 711 4.
65 712 5.
65 713 6.
65714 7.
65 715 8.
65 716 9.
65 721 10.
65 726 11.
65 727 12.
65729 13.
65 731 14.
65 732 15.
65 733 16.
65735 17.
65 73 7 18.
65738 19.
65 741 20.
65742 21.
65 744 22.
3 78 75 000 00
65 667 42
65 406 63
4 692 79
9 530 05
70 253 11
1 315 874 17 000 00
33 848
11
66
90
15 000 00
770 483 45
2 118 525 14 1 305 855 57(1)
1 411 000 00
300 426 25
76 711 16 12 410 00(1)
444 897 10 31 490 00
( 33 200 00 )
235 983 40 (125 000 00(1)
( 60 000 00 )
582 744 97 (112 226 oi(D)
22 471 17
128 361 58
65746 24.
65 747 25.
65 748 26.
160 976 31
15 000 00
2 00
4 20
EXHI BIT "D"
Page 8
Purchase of
Transfers Investments Cash Investments Cash and
to Other and/or Loans Other Balance (Par Value) I nvestments
Codes Made Di sbursements June 30, 1960 6-30-60 6-30-60
1.
2.
3.
4.
5.
6.
7.
1.
2.
3.
4.
5.
6o
7.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
15 293 00
37 000 00
29 131 75
1 305 855 57 1
5 507 30 $
324 651 03
91 827 16
24 853 24
1 066 992 99
422 378 21
681 328 17
59 100 81
30 020 89
62 167 56
3 154 73
8 681 76
60 765 20
678 013 20
29 449 31
11 90
647 724 14
2 449 912 52
77 826 49
68 080 29
326 383 19
356 538 36
448 780 09
22 257 52
13 748 84
2 906 01
14 827 65
259 022 10
217 651 54
(Conti nued)
50 906 94
4 078 27
142 220 76
58 528 02
6 160 16
8 5 00 00
16 801 93
1 673 342 73
38 664 25
340 75 7 69
15 899 19
55 646 53
4 044 07
1 538 06
848 29
9 487 91
661 476 25
19 399 35
-0-
122 759 31
1 135 444 50
105 144 43
237 599 76
21 042 97
150 008 11
37 645 04
306 190 89
213 65
128 361 58
4 302 73
46 25
1 955 56
14 812 22
30 202 26
1 028 616 46
50 906 94
4 078 27
142 220 76
58 528 02
6 160 16
8 500 00
16 801 93
1 673 342 73
38 664 25
340 75 7 69
15 899 19
55 646 53
4 044 7
1 538 06
848 29
9 487 91
661 476 25
19 399 35
122 759 31
1 135 444 50
105 144 43
23 7 599 76
21 042 97
150 008 11
37 645 04
306 190 89
213 65
128 361 58
4 302 73
46 25
1 955 56
14 812 22
30 202 26
1 028 616 46
4 3
Code
Number
XI I Capital Improvements (Cont'd-):
1957 Capital Improvement Fund (Cont'd.
65750 28. Purchase of Land - Dept.
of Admi ni strati on $
65751 29. State Ports Author i ty
65752 30. Dept. of Archives & History
65756 31. N. C„ Medical Care Commission
65757 32„ Dorothea Di x Hospital
65758 33. Broughton Hospital
65759 34, Cherry Hospital
65761 35. O'Berry School
65762 36. John Umstead Hospital
65763 37. Murdoch School
65764 38. Caswell School
65765 40. North Carolina Sanatorium
65771 41. Dept. of Conservation and
Development
65772 42. Kerr Reservoir Development
Commi ssion
657t7 43. Department of Agriculture
65778 44„ Agriculture Experiment Station
1957 Capital Improvement Bond Fund:
65781 1„ University of North Carolina
65782 2. State College of A & E
65783 3. The Woman's College
65784 4. East Carolina Colle3E
65785 5. Western Carolina College
65786 6. Appalachian State Teachers
College
65787 7. N. C. School for the Deaf
65791 8 Dorothea Dix Hospital
65792 9 Broughton Hospital
65793 10. Cherry Hospital
65794 11. John Umstead Hospital
Bond Premium and/or Interest
Redemption of Notes-Insurance
of Bonds
1959 Capital Improvement Bond Fund:
65901 1. Department o f Admi ni str ation
65902 2. State College of A & E
65903 3. De d artment of Motor Vehicles
65904 4. Prison Department
65905 5. Wildlife Resources Commission
65911 6. General Servi ces
65912 7. Legislative Building Commission
65915 8. Stonewall Jackson Training Sch.
65916 9 State Home and Industrial
School for Girls
65917 10 o Morrison Training School
65918 11. Eastern Carolina Training Sch.
Sale of
I nvestments
Cash Transfer s Collection of
Balance From Other I nterest and Other
July 1 . 1959 Codes Loans Recei pts
534 932 56 $ % a
1 3 71 797 86" 15 399 83
75 651 13 19 653 12
436 523 92
400 033 25 668 500 00
126 534 84 11 493 73
187 019 05
275 180 00
336 235 60 130 00
283 543 56 591 34
313 527 80 25 477 88
114 8 71 56 559 00
3 72 833 49 6 693 81
1 423 59
72 986 16
106 676 11
1 075 042 67 210 000 00 46 356 19
1 132 872 36 1 000 000 00
713 270 65
433 585 65
100 704 48 4 690 24
621 407 27
97 383 49
100 000 00
170 620 25 20 805 00 10 000 00
412 000 00 175 000 00
641 568 52 369 41
1 207
-0-
27 29 813 89
3 000 000 00
-0- 40 189 37 69 402 28
-0- 25 000 00
-0- 73 914 74 29 28
-0- 585 978 00
-0- 157 231 20
1 663 500 00 1 316 70
4 500 000 00 2 05
25 000 00
148 000 00
74 600 00
28 700 00
(CONTI NUED)
44
Exhibit "0'
Page 9
Transfers
to Other
Codes
Purchase of
I investments
and/or Loans
Made
Other
Ol SBURSEMENTS
Cash
Balance
June 30, 1960
nvesthents
(Par Value)
6-30-60
Cash and
i nvestments
6-30-60
28. $ 249 636 01(1)
29
30.
31.
32.
33. 5 512 00
34.
35o 175 000 00
36.
37,
38„ 10 846 13
40.
41,
42.
43
.
44.
1.
2.
3.
4.
5. 10 300 00
6.
7.
B. 100 000 00
9.
10 o
11. 1
31 021 16
3 000 000 00
2 959 33 :ft 282 337 22
1 200 513 64 186 684 05
37 414 67 57 889 58
356 224 14 80 299 78
39 572 82 1 028 960 43
50 969 37 81 547 20
60 087 30 126
100
931 75
180 00
128 821 30 207 544 30
227 063 18 57 071 72
217 310 30 110 849 25
20 368 4 95 062 16
231 598 71 147 928 59
1 380 59 43 00
985 75 72 000 41
23 556 63 83 119 48
1 201 851 52 129 547 34
310 041 71 1 822 830 65
5 79 894 84 133 3 75 81
371 853 36 61 732 29
93 079 40 2 015 32
4 165 40 617 241 87
96 159 02 1 224 47
-0-
138 488 34 62 936 91
13 100 00 573 900 00
487 329 66 154 608 27
=0-
282 337 22
186 684 05
57 889 58
80 299 78
1 028 960 43
81 547 20
126 931 75
100 180 00
207 544 30
57 071 72
110 849 25
95 062 16
147 928 59
43 00
72 000 41
83 119 48
129 547 34
1 822 830 65
133 375 81
61 732 29
2 015 32
617 241 87
1 224 47
62 936 91
573 900 00
154 608 27
1.
2.
3.
4.
5.
6.
7.
9.
10.
11.
51 589 72 58 001 93
99 00 24 901 00
50 424 11 23 519 91
75 858 B( 510 119 20
92 680 00 64 551 20
82 616 98 1 582 199 72
47 008 66 4 452 993 39
4 5 72 49 20 427 51
125 00 147 875 00
5 8 75 57 68 724 43
28 700 00
CONTI NUE d)
58 001 93
24 901 00
23 519 91
510 119 20
64 551 20
1 582 199 72
4 452 993 39
20 42 7 51
147 875 00
68 724 43
28 700 00
45
Sale of
1 NVESTMENTS
Transfer s Collection of
From Other 1 nterest and Other
Codes Loans Recei pts
Cash
Code Balance
Number July 1. 1959
XI I Capital Improvements (Cont'd.):
1S59 Capital Improvement Bond Fund (Cont'd.);
65919 12. State Training School for
Negro Girls $
65921 13. State Commission for the Blind
65925 14. University of North Carolina
65926 15. U.tl.C. - Division of Health
Affairs 196 800 00
202 003 00
65927 16. State College of A & E 400 4 428 56
65928 17. The Woman's College
65929 18. East Carolina College
65930 19. Agricultural and Technical
College
65931 20. Western Carolina College
65932 21. Appalachian State Teachers
College
65933 22. Pembroke State College
65934 23. Winston-Salem State Teachers
College
65935 24. Elizabeth City State Teachers
College
Fayetteville State Teachers
College
North Carolina College
at Durham
North Carolina School for
the Deaf
State School for the Blind
and the Deaf
State Art Soci ety
State Ports Authority 47 705 41
Dorothea Di x Hospi tal
Broughton Hospital
Cherry Hospital
Caswell School
North Carolina Cerebral
Palsy Hospital
Dept. of Conservation and
Development
Kerr Reservoir Development
commi ssion
Department of Water Resources
Department of Agr i culture
Agriculture Exper i ment Station
Bono Anticipation Notes (195 COO 00)
9 195 000 00
Premi um on Notes 2 363 12
(Conti nued)
65936 25.
6593 7 26.
65938 27.
65939 26.
65940 29.
65945 30.
65951 31.
65952 32.
65953 33.
65954 34.
65955 35.
65958 36.
65959 37.
65960 38.
65961 39.
65962 40.
138 500 00 $
11 500 00
354 000 00
1 199 00
202 500 00 55 743 49
245 200 00
128 400 00
128 600 00
201 400 00
46 000 00
185 500 00
239 500 00
154 000 00
167 000 00
191 700 00
75 500 00
636 000 00
917 400 00
351 500 00
435 900 CO
92 000 00
325 500 00 14 500 00
12 000 00
5 73 500 00
40 000 00
600 000 00
85 700 00
95 000 00
9 46
Exhibit "D"
Page 10
Purchase of
Transfers Investments Cash Investments Gash and
to Other and/or Loans Other Balance (Par Value) Investments
Codes Made Disbursements June 30, 1960 6-30-60 6-30-60
12. $
13.
14. 210 000 00
15.
16.
17
18. 50 000 00
19.
20,
21. 60 000 00
22.
23.
24.
25.
26.
27.
28.
29.
30.
31. 318 500 00
32.
33,
34.
35.
36.
37.
38.
39.
40.
2 363 12
6 088 39
43 479 85
193 637 79
165 824 91
25 979 95
85 483 85
16 673 59
42 622 49
12 417 71
39 142 50
26 488 01
56 255 19
30 587 59
4 696 00
20 870 27
589 855 13
3 938 76
20 206 36
108 454 02
6 000 00
40 719 78
24 119 76
7 000 00
47 921 30
11 636 60
(Conti nued)
132 411 61
11 500 00
100 520 15
205 165 21
1 038 003 65
232 263 54
109 716 15
111 726 41
86 177 51
128 982 29
6 857 50
185 500 00
213 011 99
97 744 81
136 412 41
187 004 00
60 059 73
636 000 00
375 250 28
33 000 00
431 961 24
71 793 64
231 545 98
6 000 00
532 780 22
15 880 24
593 000 00
3 7 778 70
83 363 40
-0-
-0-
132 411 61
11 500 00
100 520 15
205 165 21
1 038 003 65
232 263 54
109 716 15
111 726 41
86 177 51
128 982 29
6 857 50
185 500 00
213 011 99
97 744 81
136 412 41
187 004 00
60 059 73
636 000 00
375 250 28
33 000 00
431 961 24
71 793 64
231 545 98
6 000 00
532 780 22
15 880 24
593 000 00
3 7 778 70
83 363 40
47
Sale of
i nvestments
Cash Transfers Collection of
Code Balance From Other Interest and Other
Number July 1 . 1959 Codes Loans Reoei pts
XI I Capital Improvements (Cont'd.):
1959 Capital Improvement Voted Bond Fund:
65965 3.
65966 4.
65967 5.
65963 1. Stonewall Jackson Training
School $
65964 2„ State Home and Industrial
School for Girls
Eastern Carolina Training School
Leonard Trai ni ng School
Commission for the Bli no-
Re ha e i li tati on Center
6. State Board of Education:
65968 1„ Industrial Education Centers-
Equi PMENT
,, N„ C. Vocational Textile School
University of North Carolina
U N<,C.-D| vi si on of Health Affairs
State College of A & E
The Woman's College
East Caroli na College 00
00
The Agricultural & Technical
College
Western Carolina College
Appalachian State Teachers
College
Pembroke State College
Winston-Salem State Teachers
College 150 000 00
Elizabeth City State Teachers
College 71 000 00
State School for the Blind
and the Dea f
Department of Administration:
o Community Colleges
Purchase of Land
State Ports Authori ty
Me di cal Care Commi ssi on
Dorothea Di x Hospi tal
Broughton Hospital
Cherry Hospital
O'Berry School
John Umstead Hospital
Murdoch School 1 000 00
37 000 00
Caswell School
Western Carolina Training School
Agricultural Experiment Station
65969 2
65970 7,
65971 8.
65972 9.
65973 10.
65974 11.
65975 12.
65^76 13.
65977 14.
65978 15.
65979 16.
65980 17.
65981 18.
19.
65982 1
65983 2
65984 20.
65985 21.
65986 22.
65987 23.
65988 24.
65989 25.
65990 26.
65991 27.
65992 28.
65993 29.
65994 30.
100 000 00
124 000 00
118 000 00
124 000 00
140 000 00
1 491 000 00
48 000 00
4 240 000 00
1 090 000 00
4 799 000 00
520 000 00
1 490 000 976 000 00
1 425 000 00
1 577 000 00
250 000 00
179 000 00
1 500 000 00
500 000 00
500 000 00
500 000 00
450 000 00
84 000 00
2 467 000 00
1 252 000 00
1 800 000 00
225 275 000 00
4 500 000 00
85 000 00
CON'n nued)
'I
4H
Exhibit "D"
Page 11
Transfers
to Other
Codes
Purchase of
Investments
and/or Loans
Made
Other
Pi sbursenents
Cash
Balance
June 30, 1960
nvestme nts
[Par Value)
6-30-60
Cash and
1 nvestments
6-30-60
2.
3.
4.
1.
2.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
1 000 000 00
250 000 00
$ 1O0 000 00
124 000 00
1 458 25 116
124
140
541 75
000 00
000 00
8 133 84 1 482 866 16
1 398 05 46 601 95
911 52 4 239 088 48
55 780 36 1 034 219 64
3 799 000 00
2 3 75 00 517 625 00
1 595 00 1 538 405 00
2 687 50 973 312 50
24 510 31 1 400 489 69
5 250 00 1 5 71 750 00
6 235 00 243
150
71
765 00
000 00
000 00
2 262 75 176 73 7 25
1 500 000 00
8 550 00 491
500
500
200
84
450 00
000 00
000 00
000 00
000 00
21 879 65 2 445 120 35
9 739 26. 1 242 260 74
17 478 52 1 782 521 48
9 403 71 1 252
275
596 29
000 00
128 00 4 499
85
872 00
000 00
100 000 00
124 000 00
116 541 75
124 000 00
140 000 00
1 482 866 16
46 601 95
4 239 088 48
1 034 219 64
3 799 000 00
517 625 00
1 538 405 00
973 312 50
1 400 489 69
1 5 71 750 00
243 765 oc
150 000 00
71 000 00
176 73 7 25
1 500 000 00
491 450 00
500 000 00
500 000 00
200 000 00
84 000 00
2 445 120 35
1 242 260 74
1 782 521 48
1 252 596 29
2 75 000 00
4 499 8 72 00
85 000 00
(CONT M UE
49
Code
Number
XI I Capital Improvements (Cont'd,)'
Bonds Author! zed
Bonds Issued
Bond Premium and Interest
Total Capital Improvements
XIII State Highway Commission;
1„ State Highway Commission \
2. Department of Motor Vehicles
3< Prison Department
4. Probation Commi ssi on
5. Paroles Commission
6. Contribution to Retirement System
7. Utilities Commission-Investigation
8. Debt Service-Secondary Roads
Total State Highway Commission
Grand Total
Cash
Balance
July 1. 1959
(34 050 000 00;
Transfers
From Other
Codes
Sale of
I nvestments
Collecti on of
I nterest and
Loans
11 106 000 00
108 885 50
Other
Recei pts
$ 30 924 865 77 8 4 986 665 19 $23 443 153 41 ft 1 964 582 74
45 631 708 43
(1 612 603 49 )
(9 173 127 92*'
( 350 000 00
(2 894 785 24*
466 505 22*
365 103 87*
2 178 258 03*
142 737 35*
9 330 663 94
$ 54 962 372 37 $ 1 962 603 49 |_
ft 113 075 563 93 $97 972 722 07 $91 356 943 64
&189 357 242 34
478 567 03
9 642 120 65
24 042 06
14 567 85
956 22
14 781 505 13
$214 299 001 28
&404 909 OQO 45
* Do not Add - Represents the amount of appropriated funds spent by these agencies. This is the net
amount that the Highway Department had to spend to cover the expenditures of the agencies. They
do not represent receipts to these agencies - Used only as a balancing figure.
(1) Items marked (1) in the transfer columns were transferred by Journal entry - Thereby they do not
represent receipts to these agencies. Therefore, the net amount transferred for other codes is
$96,417,230.49, and the net amount of the transfers to other codes is $153,592,649.04.
Note : See comments for explanation of beginning and ending balances in the 1959 Capital Improvement funds.
50
EXHI Bl T "D"
Page 12
Purchase of
Transfers I INVESTMENTS Cash 1 NVESTMENTS Cash and
to Other and/or Loans OtiHER Balance (Par Value) I NVESTMENTS
Codes Made Disbur:5EMENTS June 30 s 1960
8(22 944 000 00)
6-30-60 6-30-60
8 8 8 8 8(22 944 000 OOj
108 885 50
,
-0-
8 3 944 541 25 8 3 142 269 78 8 17 523
8 8138 353
644
938
61
96
8 36 708 811 47
8 66 193 976 55
8 4 363 80 8 36 713 175 27
1o 8 15 220 517 63 8 8 66 193 976 55
2. 203 022 27 11 061 276 17
3. 585 978 00 12 300 927 89
4. 490 547 28
5„ 3 79 671 72
6„ 2 179 214 25
7. 142 73 7 35
8 12 249
8 30 581
562 50
032 00
11 862 606 5 7 11 862 606 57
8 -0- 8162 586 362 02 8 78 056 583 12 8 -0- 8 78 056 583 12
1155 148 140 62 8 85 028 744 53 $323 444 125 13 $143 693 219 81 8319 068 135 07 8462 761 354 88
All Special Funds (Excepi
Highway Fund) 8 65 636 636 69 8319 068 135 07 8384 704 771 76
Highway Fund
Total
78 056 583 12
8143 693 219 81
78 056 583 12
8319 068 135 07 8462 761 354 88
51
SINKING FUNDS
STATEMENT OF RECEIPTS AND DISBURSEMENTS
Fiscal Year Ended June 30, 1960
Exhibit "E"
General State Port
Highway Fund Fund Bonds Total All
Sinking Sinking Sinking Sinking
Fund Fund Fund Funds
Cash Balance J ul y 1, 1959
Aod: Receipts:
Sale of Investments
I nterest on I nvestments
Transferred from Ports Authority
Operating Fund
Begin ning Balance Plus Receipts
Less: Expenditures:
Purchase of Investments
Redempti on of Bonds
Interest on Bonds
1(1 787 053 93) t 2 075 806 31 $214 '92 7 10 i 503 679 48
3 255 366 76 4 328 668 50 -0- 7 584 035 26
374 590 00 799 060 00 -0-
10 000 00
?224 927 10 $
1
9
173
10
2 71
650 00
000 00
$ 1 842 902 83 $ 7 203 534 81 364 74
3 251 941 80 4 278 668 50 -0- 7 530 610 30
2 000 000 00 50 000 00 -0- 2 050 000 00
521 280 00 1 307 455 00 -0- 1 828 735 00
Cash Balance June 30, 1960 $(3 930 318 97) $ 1 567 411 31 $224 927 10 1(2 137 980 56)
ADD:
Investments Par Value 6-30-60 14 632 000 00 31 946 000 00 -0- 46 578 000 00
Cash Balance and Investments
(Par Value) 6-30-60 $10 701 681 03 $33 513 411 31 $224 927 10 $44 440 019 44
Note : The Assets of The Highway Fund Sinking Fund will be used to redeem
Highway Construction Bonds issued prior to 1926. Also, The Interest
on these Bonds will be paid from this Fund.
The Assets of The General Fund Sinking Fund will be used to redeem
General Fund Bonds issued prior to 1931, as well as the Interest on
these Bonds.
The Cash Balance in the State Ports Bonds Sinking Fund represents
interest received f.rom investing portions of the proceeds from the
sale of $7,500,000.00 Port Bonos in 1951, In addition to the
Interest earned $10,000.00 was transferred from the Ports Authority
Operating Fund.
() Denotes an Overdraft
52
CASH IN STATE TREASURER
June 30, 1960
Schedule 1
Cash in Banks
Teller's Cash
$56 027 593 20
24 810 56 $56 052 403 76
Add:
Deposits set-back to June 30, 1960 by the State Disbursing
Office but credited by the State Treasurer's Office in
July 1960.
Department of Revenue
Stonewall Jackson Training School
State Home and Industrial School for Girls
Morri son Tra i ni ng School
Eastern Carolina Training School
State Training School for Girls
Leonard Training School at McCain
Department of Public Welfare
State Commission for The Blind
Vocati onal Educati on
Vocational Textile School
Vocational Rehab ili tation
U.N„C. - General Administration
U„N C o - Proper
U.N.C - Computer Laboratory
U„N„C„ - Division of Health Affairs
State College of A & E
The Woman 's College
East Carolina College
A & T College
Western Carolina College
Appalachian State Teachers College
Winston-Salem Teachers College
Elizabeth City State Teachers College
North Carolina College at Durham
U.NoC - General Administration - WUNC - TV
U„N„C„ - Station - WUNC - TV
State Board of Health
Memorial Hospital
Memorial Hospital
Alcohol i c Rehab i l i tat ion
Dorothea D i x Hosp i tal
Broughton Hospi tal
Cherry Hosp i tal
John Umstead
Murdoch School
Western North Carolina Sanatorium
Eastern North Carolina Sanatorium
Department of Conservation and Development
U.N„C„ Institute of Fisheries Research
Tryon Palace Commission - Dept. of Archives
Agricultural Experiment Station - State College
Cooperative Agricultural Extension
State Textbook Commission
Community School Lunchroom Program
Public School Insurance Fund
National Defense Education Program- Boaro of Education
UbNoC University Enterprises
13 308 17
3 949 83
2 209 51
3 221 30
2 601 75
1 526 39
1 518 71
239 00
37 365 09
330 565 20
6 725 00
73 711 70
3 423 28
469 571 40
2£ 328 86
50 301 37
337 838 80
45 456 35
23 654 01
26 769 77
12 122 n
19 026 73
17 964
3 041 or
4 833 34
428 00
128 67
125 009 00
1 437 fib
57 443 12
525 00
11 657 43
1 445 37
17 724 99
7 790 84
726 35
8 490 41
3 133 81
51 512 35
687 05
304 00
208 378 73
21 677 3
12 489 74
48 00
54 95
5 934 to
99 312 36
CONT I NUED
03
1. Deposits set-back to June 30, 1960 by the State Disbursing
Office but creo i ted by the State Treasurer's Office in
July 1960. (Cont'd.):
State College - Sel f-Li ou i dati ng
Opera ti on of Col i seum
State College - Experiment Station - Gifts
H I GHWA
Y
Total Deposi t Set-Backs
2„ Settlement Warrants set-back to June 30, 1960 as a credit to the
Disbursing Account by the State Disbursing Office but credited
by the State Treasurer's Office in July 1960.
Scheoule 1
Page 2
6 898 21
4 400 00
17 345 55
881 363 37
$ 3 063 622 26
State Aud i tor
State Treasurer
Department of Revenue
The Adjutant General Office
Gas and Oil I nspecti on
Stonewall Jackson Training School
State Home and Industrial School for Girls
Morrison Tra i ni ng School
Eastern Carolina Training School
State Training School for Girls
Department of Public Welfare
State Commission for The Blind
Confederate Women's Home
Vocation Education
Vocati on Rehab i l i ta t i on
U.N.C. - General Administration
U.N.C, - Long Range Planning
U.N.C. - Proper
LI.NjC - Computer Laboratory
U.N.C - Division of Health Affairs
State College of A &. E
The Woman's College
East Carol i na College
A & T College
Western Carolina College
Appalachian State Teachers College
Pembroke State College
Winston-Salem Teachers College
Elizabeth City State Teachers College
Fayetteville State Teachers College
North Carolina College at Durham
N.C. School for The Dea f
School for The Blind and The Deaf
U„N.C. - General Administration - WUNC - TV
ll„N„C. - Station WUNC - TV
State College - Station WUNC - TV
Woman's College - WUNC - TV
State Ports A uthoa i ty
State Board of Health
Memorial Hospital - Psychiatric Center
MEMOR l AL HOSP I TAL
1 579 66
219 00
28 108 12
61 155 22
3 968 16
5 620 44
10 419 25
3 583 51
6 587 97
3 792 93
71 197 17
51 996 71
921 71
732 765 60
124 259 49
3 915 8V
2 966 48
954 807 42
29 253 86
104 557 73
263 965 19
164 278 59
148 198 49
32 445 47
130 017 26
250 945 33
3 800 6 4
31 555 37
19 904 43
11 947 56
156 354 73
22 724 05
13 269 05
5 300 07
5 184 87
4 802 93
131 09
528 40
171 960 87
48 564 51
264 351 52
^ Con t i n u e d )
',4
2. Settlement Warrants Set-Back to June 30, 1960 as a credit to the
Disbursing Account by the State Disbursing Office but credited
by the State Treasurer's Office in July 1960. (Cont'd,):
Schedule 1
Page 3
Dorothea Di x Hosp i
t
Broughton Hospital
Cherry Hosp i tal
O'Berry School
John Umstead Hospit
Murdoch School
Caswell School
N„C„ Orthopedic Hos
N C„ Cerebral Palsy
N.Co Sanatoria - Ge
North Carolina Sana
Western North Carol
Eastern North Carol
Gravely Sanatorium
Department of Conse
Di vi sion of Commerc
Di vis ion of Commerc
State Planni ng Prog
U„N„C„ Insti tute of
State College - l no
Agriculture Experim
Cooperati ve Agricul
State Soil Conserva
Central Services Re
Prison Enterprises
U„N„C. - University
State College - Sel
Operation of Colise
Soil Bank Program -
State Community Pla
Water Shed Project
N„C, Wl LDL I FE RESOU
Department of Agri
c
State Warehouse 3ys
Cooperati ve I nspect
Egg Inspection Serv
Structural Pest Con
Credit Union Superv
Surplus Commodities
Voluntary Meat Insp
E. S.C, Admi n i stra t
H
I
GHWAY
Wildlife Resources
Ni ne Months School
AL
AL
P I TAL
Hospital
neral Admi n i strati on
TORI UM
i na Sana tori um
i na Sanatorium
rvati on & Development
1 AL Fl SHERI ES
ial Fisheries - Shellfish Division
ram
Fi sheries Research
ustrial Experiment Program
ent Station
ture Extension
Tl ON
volving Fund
Revolving Fund
Enterpr i SES
F-Ll OU I DATI NG HOUSI NG
UM
Federal
NNI NG
rces Commission
UL TURE
TEM - SUPERVI S I ON
ion Serv i ce
I ce
trol Commi SSI ON
I S I ON
Re vol vi ng Fund
ECTION
on Account
- Motorboat Fund
$ 23 832 13
60 632 00
62 052 88
18 297 14
199 020 76
22 431 51
32 112 91
3 740 04
4 765 67
580 45
38 008 55
19 388 98
32 829 39
24 769 75
32 389 13
1 084 99
2 658 81
599 50
3 280 86
7 116 75
208 385 12
82 624 94
4 349 45
189 980 29
89 764 76
190 492 50
19 238 79
11 328 66
2 605 35
7 715 51
1 553 44
11 564 00
B0 689 86
1 924 41
18 298 56
291 60
273 20
559 01
187 29
10 00
15 621 48
2 959 738 90
468 91
511 48
Total Settlement Warrants
Total Cash
I 8 489 676 37
57 605 702 39
55
CHANGES IN THE TREASURER'S INVESTMENTS
For The Fiscal Year Ended June 30, 1960
U.S. Treasury Securities July 1, 1959
Add: Purchase of U.S. Securities during year
Beginning Balance Plus Purchases
Less:
Sales of U.S. Securities
Premium, Discount or Accrued Interest
written off on collection of coupons
Total U.S. S e curit ie s June 30, 196
Certificates of Deposits - Loans to N.C. 8anks 7/1/59
Add: Certificates issued during year*
Beginning Balance Plus New Issues
Less: Certificates Paid Off
Certificates of Deposits 6-30-60
* Does not include Certificates Renewed
U.S. Treasury Securities 6-30-60
Certificates of Deposits 6-30-60
Total Investments 6-30-60
U.S. Treasury Bills:
Due 9-1-60
Due 9-29-60
U.S. Treasury Notes:
Oue 8-15-60
Due 2-15-62
U.S. Certificates of Oeposits:
Due 11-15-60
Due 2-15-61
Due 5-15-61
U.S. Treasury Bonds :
Due 11-15-61
Due 2-15-65
Due 3-15-70/65
Total U.S. Securi ti es
Summary
Description of U.S. Securities
Schedule 2
Book Par
Value Value
$91 715 669 86 $ 92 400 000 00
587 010 018 11 594 100 000 00
$6 78 725 687 97 $686 500 000 00
564 095 975 22 671 600 000 00
594 381 47
$114 035 331 28 $114 900 000 00
$ 33 944 400 00 $ 33 944 400 00
63 545 180
580
00
00
63 545 180 00
$ 97 489 $ 97 489 580 00
33 944 400
180
00
00
33 944 400 00
$ 63 545 $ 63 545 180 00
114 035 331 28
63 545 180 00
177 580 511 28
992 239 72
3 977 553 33
22 222 801 37
2 019 014 42
1 005 625 00
17 021 250 00
32 000 000 00
26 213 940 19
7 692 625 00
890 282 25
114 035 331 28
114 900 000 00
63 545 180 00
178 445 180 00
1 000 000 00
4 000 000 00
22 000 000 00
2 000 000 00
1 000 000 00
17 000 000 00
32 000 000 00
27 000 000 00
7 900 000 00
1 000 000 00
114 900 000 00
Conti nued
56
Schedule 2
Page 2
^Iote : The Term Treasurer's Investments applies to the purchase of U.S. Treasury Securities and Loans
made to North Carolina Banks by the State Treasurer from surplus cash belonging to all funds.
No attempt is made to keep these investments by funds as the General Statutes provide that all
interest derived from such investments shall be credited to the State's General Fund. As far
as the individual funds are concerned their balance with the State Treasurer is in the form of
Cash. Cash on hand, cash in the bank plus the Treasurer's Investments equal the casjh balance
shown by the individual funds.
57
RECONCILIATION OF TREASURER CASH
WITH CASH BALANCE PER THE STATE DISBURSING OFFICE
June 30, 1960
Schedule 3
Cash in Bank
Teller's Cash
Deposits set-back to 6-30-60 on The Disbursing
Office records - Credited by The State
Treasurer in July, 1960.
Settlement Warrants set-back to 6-30-60 on The
Disbursing Office Records - Charged by The State
Treasurer in July, 1960 (Disbursing Accounts)
Total Cash (Schedule 1)
Add: Investments (Schedule 2)
Total Treasurer's Cash and Investments
Less: State Disbursing Officer's Outstanding
Warrants 6-30-60
Outstanding Warrants Disbursing
Accounts 6-30-60
Cash Balance after Deducting Outstanding
Warrants - Per State Disbursing Office
Represented By:
I 56 027 593 20
24 810 56
3 063 622 26
8 489 676 37
$ 67 605 702 39
177 580 511 28
$245 186 213 67
$12 431 230 32
24 318 209 70 36 749 440 02
General Fund Cash
Special Fund Cash - Excluding H| GH way
and Agr i cul ture Funds
Agriculture Fund Cash
Hjghway Fund Cash
Secondary Road Debt Service Cash
Sinking Funds Cash
Total Cash - Per State Disbursing Office
$ 66 534 40
65 604 958 67
31 678 02
66 193 976 55
11 862 606 57
(2 137 980 56)
?08 436 773 65
>08 436 773 65
5fi
ANALYSIS OF TREASURER'S CASH
Fiscal Year Ended June 30, 1960
Treasurer's Cash July 1, 1959
Treasurer's Investments July 1, 1959
Treasurer Bal ance July 1 , 1 9 59
Less: Disbursing Officer's Outstanding Warrant 7-1-59
Outstanding Warrants Disbursing Accounts 7-1-59
Treasurer Net Balance 7-1-59
Add:
General Fund Receipts
Institutional and Departmental Receipts
Special Fund Receipts
Sinking Fund Receipts
Collection on Atlantic & N„C. Railroad Notes
Permanent Appropriation Liquidated
Total Receipts
Beg inning Bala nce Plus Receipts
Less:
General Fund Disbursements
Sinking Fund Disbursements
Special Fund Disbursements
Total Disbursements
Balance After Disbursements
Ado: Increase in Reserve Accounts:
Balances (Schedule 7 and 8) 6-30-60
Balances (Schedule 7 and 8) 7-1-59
Cash Balance 6-30-60 Per Disbursing Office*
Add:
Disbursing Officer's Outstanding Warrants 6-30-60
Outstanding Warrants Disbursing Accounts 6-30-60
Treasurer's Cash Balance 6-30-60*
$ 56 586 625 19
125 660 069 86
17 131 459 27
20 545 464 16
$310 207 654 55
106 274 494 23
592 683 174 58
8 767 685 26
95 000 00
11 411 57
$390 602 760 48
11 409 345 30
562 065 518 70
22 234 848 92
12 329 642 60
12 431 230 32
24 318 209 70
Schedule 4
182 246 695 05
37 676 923 43
$ 144 569 771 62
018 039 420 19
162 609 191 81
964 077 624 48
198 531 567 33
9 905 206 32
$ 208 436 773 65
$ 36 749 440 02
$ 245 186 213 6 1
* See Breakdown on Schedule 3
59
SCHEDULE OF SECURITIES OWNED BY STATE AGENCIES
HELD IN TRUST BY THE STATE TREASURER
June 30, 1960
Name of Agency
Department of Agriculture;
U.S. Treasury Bonds
State Warehouse System:
Loans to Warehouse Owners
U.S. Treasury Bonds
Total State Warehouse Syste m
Cooperative Inspection Service:
U.S. Treasury Bonds
Workmen's Compensation Security Fund:
Mutual Accounts - U.S. Treasury Bonds
Stock Accounts - U.S. Treasury Bonos
Total Workmen's Co mp ensation Security Funo
Better Roads a n d School Trust Fund:
Bui loi ng and Loan Shares
Rodman Trust Fund:
Student Notes - University of N.C.
State College
Woman's College
East Carol i na College
U.S. Treasury Bonds
Total Rodman Trust Fund
Li terary Loan Fund* :
Loa ns to Counti es
U.S. Treasury Bonds
Total Li terary Loan Fund
Public School I ns urance Fund;
U.S. Treasury Bonds
Teacher Education - Student Loan Fund:
Loans to Future Teachers
Medi cal Ca ie - Student Loan Fund :
Loans TO Medical Students
State Property Fire Insurance Fund:
U.S. Treasury Bonds
Special Fund 1941 Capital Improvement Fund:
Notes - Atlantic & N.C. Railroad Co.
Schedule 5
Amorti zed Par
Value
8
Val u
100
E
000 00
8 542 420 00
152 000 00
$ 694 420 00
8 40 000 00
8 328 000 00
384 000 00
3 712 000 00
$ 5 000 00
$ 1 348 66
2 945 26
604 16
2 136 52
- 39 000 00
% 46 034 60
% 1 785 687 40
250 000 00
% 2 035 687 40
3 149 080 73 % 3 200 000 00
% 592 664 12
% 506 147 58
I 2 066 937 49 2 100 000 00
4 363 80
CONTI NUED
60
Schedule 5
Page 2
Name of Agency
Stonewall Jackson Memorial Fund:
Corporate Bonds
Law Enforcement Officers Benefit and Retirement Fund:
N„C County and Municipal Bonds
Corporate Bonds
U.S. Treasury Bonds
Build i ng and Loan Shares
Total Law Enforcement Officer Benefit and Retirement Fund
Te achers and State Employees Retirement Fund:
Corporate Bonds
U.S. Treasury Bonds
N.C. County Bonds
N„C, Municipal Bonds
Public Housing Authority Bonds
Farm Administration Mortgage Notes
Total Teachers and State Employees Retirement Fund
Local Governmental Employees Retirement System:
Corporate Bonds
U.S. Treasury Bonds
N.C. County Bonds
N.C. Municipal Bonds
Total Local Governmental Employees Retirement System
Total All Funds
* Securities listed for The Literary Loan Fund does not include the
51,000,000.00 Loan to The Public School Insurance Fund.
Amorti zed Pafi
Value
$
Value
$ 19 601 84 20 000 00
$ 14 238 564 56 $ 15 450 338 53
2 219 682 64 2 185 000 00
525 877 46 526 000 00
15 000 00
124 66
434 83
15 000 00
1 16 999 $ 18 176 338 53
$ 84 386 $ 84 323 000 00
144 375 664 78 138 585 000 00
15 469 376 72 17 585 500 00
17 156 003 73 19 622 000 00
1 230 084 89 1 511 000 00
549 479 04 549 479 04
$263 167 043 99 $262 175 979 04
$ 12 619 570 00 $ 12 655 000 00
8 459 982 80 8 000 000 00
3 092 541 71 3 744 000 00
3 576 169 87
264 38 -
4 260 500 00
$ 27 748 $ 28 659 500 00
$319 068 135 07
6:
SCHEDULE OE LOANS TO ATLANTIC
AND NORTH CAROLINA RAILROAD
AS OF June 30, 1960
Schedule 6
I MEREST
Rate
2%
3%
Dated
1-12-42
12-12-52
Total
Maturi ty
September 1, 1960
September 1
,
1961
September 1, 1962
September 1
,
1963
December 12, 1962
Loans Owned By:
General Fund
Special Fund - 1941 Permanent Improvement
Total
1 090 90
1 090 90
1 090 90
1 091 10
$ 4 363 80
19 000 00
$23 363 80
19 000 00
4 363 80
$23 363 80
6;:
SCHEDULE OF RESERVES FOR PERMANENT APPROPRIATION
AND INCOME TAX REFUNDS
June 30, 1960
Schedule 7
State Board of Public Welfare:
1
.
Old Age Assi stance
2, Aid to Dependent Chiloren
Purchase of School Buses
Teachers Contingent Salary Supplement
Charles B. Aycock Memorial
Income Tax Refunds
Total
Balance
July 1, 1959
$ 4 427 12
6 984 45
969 902 60
1 219 495 00
5 000 00
-0-
P 205 809 17
Add i ti ons
-0-
-0-
208 696 54
7 055 920 00
-0-
3 531 852 00
10 796 468 54
Balance
Reductions June 30, 1960
$ 4 427 12
6 984 45
969 902 60
1 219 495 00
-0-
-0-
$2 200 809 17
-0-
-0-
208 696 54
7 055 920 00
5 000 00
3 531 852 00
10 801 468 54
>>'
SCHEDULE OF TAXES DUE NORTH CAROLINA
COUNTIES AND MUNICIPALITIES
AS OF June 30, 1960
Schedule 8
Leverage Tax
Intangible Tax
Franchise Tax
Total
Balance
July 1, 1959
2 077 573 70
8 046 259 73
-0-
10 123 833 43
Add i ti ons
Balance
Disbursements June 30, 1960
2 711 565 18 $ 2 723 259 48 I 2 065 879 40
9 367 500 98 8 046 259 73 9 367 500 98
1 315 728 43 1 315 728 43 -0-
13 394 794 59 $12 085 247 64 $11 433 380 3£
64
Liability for Matured Bonds and Interest
As of June 30. 1960
Schedule 9
Bonds
General Fund - Old Account
Highway - Old Account
Bond interest- General and Highway
Bono Redemption - Highway
Bond Redemption - General
Total
4 528 000 00
582 600 00
$5 110 600 00
Interest
& 47 813 26
91 621 30
1 717 434 33
856 868 89
Total
$ 47 813 26
91 621 30
1 717 434 33
4 528 000 00
582 600 00
86 967 468 89
65
WARRANTS OUTSTANDING
STATE TREASURER'S DISBURSING ACCOUNTS
June 30, 1960
Schedule 10
pepartments, agencies and i nst i tuti o nal accounts:
1. Departments
2. Departments and Institutions
3. Institutions
4. University of North Carolina
5. State Prison Department
6. State Highway Commission
7. Employment Security Commission
8. Settlement Warrants for 1 through 7 above
Total
Public Schools:
County Maintenance Accounts
Special Districts Maintenance Accounts
1953 Building Fund Accounts
Settlement Warrants
Total
8 456 258 lb
1 892 320 40
2 977 989 37
1 399 22 7 9b
943 965 76
3 795 506 01
73 7 060 45
8 489 164 89
P. 246 501 98
1 317 860 85
61 842 38
511 48
820 691 493 01
Grand Total
I 3 626 716 69
24 318 209 70
hi
ANALYSIS OF GENERAL FUND SURPLUS
Fiscal Year Ended June 30, 1960
Schedule 11
Credit or Unappropriated Balance 7-1-59:
Cash and Investments (Including Loan to Atlantic and N.C. Railroad) I 18 774 885 61
Add:
Revenue Collection Fiscal Year 1959-60 $310 207 654 55
Institutional and Departmental Receipts - 1959-60 106 274 494 23
Reserve for Permanent Appropriation Liouidated 11 411 57 416 493 560 35
Beginning Balance Plus Receipts $435 268 445 96
Less:
Expenditures from Appropriations and Institutional
and Departmental Receipts 390 602 760 48
Credit or Unappropriated Balance June 30, 1960 $ 44 665 685 48
* Breakdown of Credit Balance
Cash and/or Investments $ 44 646 685 48
Loan to Atlantic and N.C. Railroad 19 000 00
Total $ 44 665 685 48
67
SCHEDULE OF SINKING FUND SECURITIES
As of June 30, 1960
Schedule 12
Highway Fund Sinking Fund:
N.C.
N.C.
U.S.
U.S.
U.S.
U.S.
Highway Construction Bond
Highway Construction Bond
Treasury "G" Bonds
Treasury "G" Bonds
Treasury "G" Bonds
Treasury Bonds
U.S. Treasury Bonds
U.S. Treasury 8onds
U.S. Treasury Bonds
U.S. Treasury Bonds
Total Highway Fun d Sin king F un d Securit i is
General Fund Sinking Fund:
C. Charitable and Educational Bldg.
C. Charitable and Educational Bldg.
C. Charitable and Educational Bldg,
C, Charitable and Educational Bldg.
S„ Treasury Bonds
S. Treasury Bonds
S. Treasury Bonos
S„ Treasury Bonds
S. Treasury Bonds
S. Treasury Bonds
4±% DUE 1-1-62
44$ due 1-1-63
24$ DUE 5-1-62
2±% DUE 10-1-62
24$ DUE 1-1-63
24$ DUE 3-15-65/70
24$ DUE 3-15-66/71
ZM DUE 6-15-64/69
24$ DUE 12-15-64/69
24$ DUE 6-15-67/72
Bond (Reg.)
(Reg.)
44$ due 1-1-62
Bond 4-3/4% due 10-1-63
Bond 4-3/4% due 10-1-63
Bond 4% due 4-1-68
21% due 3-15-65/70
1M> due 3-15-66/71
24$ due 6-15-64/69
24$ due 12-15-64/69
24$ due 6-15-67/72
24% due 12-15-67/72
Total General Fund Sinking Fund Securities
Grand Total Sinking Fund Securities
$ 1 000 00
1 000 00
100 000 00
150 000 00
170 000 00
4 150 000 00
8 400 000 00
360 000 00
1 150 000 00
150 000 00
$14 632 000 00
$ 1 000 00
1 000 00
15 000 00
2 000 00
15 450 000 00
15 150 000 00
380 000 00
882 000 00
45 000 00
20 000 00
$31 946 000 00
$46 578 000 00
68
Schedule of Investments in Railroad Stock
As of June 30, 1960
Schedule 13
N.C. Railroad Company 30,002 Shares @ $100.00
Atlantic and North Carolina Railroad Company 12,666 Shares i
South Atlantic Transcontinental Railroad Company 172 Shares
Statesville Airline Railroad Company 2,648 Shares A $50.00
Elkin and Alleghany Railroad Company 4,060 Shares @ $1 00.00
The Mattamuskeet Railroad Company 997.65 Shares $100.00
The W. & Y. Railroad 552 Shares @ $100.00
The W. & J. Turnpike Company 6,381 Shares @ $10.00
Junaluska Turnpike Company 70.50 Shares @ $10.00
Total
$100.00
5 $100.00
Par
Value
Book
Value
$3 000 200 00 $4 410 294 00
1 266 600 00 823 290 00
17 200 00 -0-
132 400 00 -0-
406 000 00 -0-
99 765 00 _o_
55 200 00 -0-
63 810 00 -0-
705 00 -0-
$5 041 880 00 $5 233 584 00
l/i
SCHEDULE OF STATE HIGHWAYS, INSTITUTIONAL AND
DEPARTMENTAL BUILDINGS, REAL ESTATE AND OTHER FIXED ASSETS VALUATIONS
AS OF June 30, 1960
Schedule 14
8alance July 1 , 1959
Ado: Additions Made During Fiscal Year 1959-60.'
358 992 838 54
1. State Highway Commission:
Highway Ma i ntenance and Construction:
1 „ Pri mary System
2, Secondary System
3. Urban System
4„ Pusl i c Service Roads
Federal Aid Construction
Capital Improvements
Total Highway
2. Capital Improvemen ts:
1943 Fund
1947 Fund
1949 Fund
1951 Fund
1953 New Projects
1953 Bono Fund
1953 Mental
1957 Fund
1957 Bond Fund
1959 Bond Fund
1959 Voted Bond Fund
1953 School Plant Construction and
Improvement Bono Fund
Total Capital Improvements
Total Valuati on June 30, 1960
17 934 306 08
40 062 047 78
2 685 853 73
2 048 489 77
319 015 63
394 811 95
71
134 444 524 94
$ 12 783 06
372 214 47
133 695 00
261 331 92
149 626 64
23 915 09
446 838 73
9 539 556 61
3 295 963 25
2 040 950 13
179 776 72
1 066 992 99
17 523 644 31
$1 510 961 007 79
70
SCHEDULE OF SECURITIES HELD IN TRUST
BY THE STATE TREASURER FOR VARIOUS STATE AGENCIES
As of June 30, 1960
Schedule 15
Held for N.c. Industrial Commission:
Securities Deposited by Self- I nsurers
Held for Dorothea Dix Hospital - Patients Fund:
U.S. Treasury Bonds
Held for Atlanti c & Ea st Carol i na Ra ilroad:
U.S. Treasury Bonds
Held for Atlantic & N.C. Railroad Co.:
50 Shares of Goldsboro Union Station Stock
735 Shares of Atlantic & N.C. Railroad Co. Stock
Held for N.C. Department of Motor Vehicles:
To insure payment of Bus and Franchise Tax
Held for N.C. Departme nt of Revenue:
To insure payment of Sales tax
To insure payment of Supplies (Oil) Tax
to insure payment of gasoline tax
Held for Department of Agric ulture:
Deposited by Feed Mills
Held for The Department of Insurancb1
:
965 000 00
11 000 00
50 000 00
78 500 00
300 00
I 6 000 00
2 000 00
370 500 00 378 500 00
5 000 00
73 500 00
Securities Deposited by Various Insurance Companies
Total Securities Held in Trust
This does not include the Surety Bonds Posted by Individuals or Companies
7 115 00
27 072 105 46
28 562 520 46
71
SCHEDULE OF FUNDS ON DEPOSIT WITH THE
FEDERAL GOVERNMENT FOR PAYMENT OF UNEMPLOYMENT BENEFITS
June 30, 1960
Schedule 16
Fiscal Year Beginning Add i ti ons Deductions Closing
Ended June 30 Balance Deposits Interest Withdrawals Balance
1937 8 -0- 8 5 520 000 00 8 5 475 39 $ -0- $ 5 525 475 39
1938 5 525 475 39 8 255 000 00 176 445 70 5 575 000 00 8 381 921 09
1939 8 381 921 09 11 500 000 00 229 012 76 6 550 000 00 13 560 933 85
1940 13 560 933 85 11 424 000 00 390 701 96 3 875 000 00 21 500 635 81
1941 21 500 635 81 12 837 000 00 740 767 52 4 903 334 43 30 175 068 90
1942 30 175 068 90 13 116 000 00 849 673 77 3 900 000 00 40 240 742 67
1943 40 240 742 67 20 062 000 00 1 121 011 27 1 460 000 00 59 963 753 94
1944 59 963 753 94 19 759 000 00 1 335 873 30 390 000 00 80 668 627 24
1945 80 668 627 24 18 489 000 00 1 740 825 41 335 000 00 100 563 452 65
1946 100 563 452 65 15 967 000 00 2 079 130 40 4 310 000 00 114 299 583 05
1947 114 299 583 05 16 685 000 00 2 347 181 46 5 075 000 00 128 256 764 51
1948 128 256 764 51 18 540 000 00 2 769 251 44 5 900 000 00 143 666 015 95
1949 143 666 015 95 20 055 000 00 3 256 947 04 12 900 000 00 154 077 962 99
1950 154 077 962 99 17 990 000 00 3 316 215 49 20 900 000 00 ' 154 484 178 48
1951 154 484 178 48 23 736 000 00 3 491 592 20 12 200 000 00 169 511 770 68
1952 169 511 770 68 22 205 000 00 3 71 7 901 40 23 450 000 00 171 984 672 08
1953 171 984 672 08 20 449 000 00 4 010 560 06 18 500 000 00 177 944 232 14
1954 177 944 232 14 22 288 000 00 4 262 893 67 33 300 000 00 171 195 125 81
1955 171 195 125 81 24 345 000 00 3 91 522 49 30 400 000 00 169 050 648 30
1956 169 050 648 30 22 419 000 00 3 946 032 23 22 800 000 00 172 615 680 53
1957 172 615 680 53 28 880 000 00 4 450 728 50 29 300 000 00 176 646 409 03
1958 176 646 409 03 30 370 000 00 4 688 498 10 45 700 000 00 166 004 907 13
1959 166 004 907 13 32 695 000 00 4 436 480 63 37 350 000 00 165 786 387 76
1960 165 786 387 76 37 630 000 00 4 889 220 89 31 500 000 00 176 805 608 65
<Iote: In addition to the above amount 12,545,480.50 is on deposit
under the Employment Security Finance Act of 1954 - Reed Bill.
'•
Changes in North Carolina Bonded Oebt
Fiscal Year 1959-60
Schedule 17
Unmatured Bonds Outstanding 7-1-59
Add: Bonds issued during fiscal year:
>53 861 000 00
Cap i tal Improvement Bonds (Chapter 935 of 1957)
Mental Institution Bonds (Chapter 1038 of 1959)
Educational Institutional Bonds (Chapter 1038 of 1959)
Blind Rehabilitation Center Bonds (Chapter 1038 of 1959)
Hospital Improvement Bonds (Chapter 1038 of 1959)
State Training School Bonds (Chapter 1038 of 1959)
Total
3 000 000 00
5 000 000 00
5 000 000 00
140 000 00
500 000 00
466 000 00 14 106 000 00
17 967 000 00
Less: Bonds Matured during Fiscal Year:
Great Smoky Mountains Park (Chapter 48 of 1927)
Port Bonds (Chapter 820 of 1949)
School Plant Construction and Repair Bonds (Chapter 1020 of 1949)
School Plant Construction and Improvement Bond (Chapter 1046 of 1953)
Permanent Improvement Bonos (Chapter 1149 of 1953)
Mental Institution Bonds (Chapter 1148 of 1953)
Total General Fund Bonds
Highway Construction Bonos (Chapter 2 of 1921)
Highway Construction Bonds (Chapter 263 of 1923)
State Secondary Road Bonds (Chapter 1250 of 1949)
Total Highway Fund
Total Bonds Matured During Year
Total Unmatured Bonds June 30, 1960
Note: This Schedule does not include the $9,195,000.00
Capital Improvement Bond Anticipation Notes
Outstanding June 30, 1960. These notes will
mature July 29, 1960,
ft 50 000 00
290 000 00
980 000 00
1 990 000 00
575 000 00
965 000 00
& 4 850 000 00
ft 1 833 000 00
167 000 00
10 350 000 00
812 350 000 00
7 200 000 00
)0 76 7 000 00
73
STATEMENT OF STATE DEBT
As of June 30, 1960
(Note: Maturities of July 1, 1960, are excluded)
LAW
Title
General Fund:
Payab le from Sinking Fund:
Educational and Charitable Institutions
Educational and Charitable Institutions
Educational and Charitable Institutions
Educational and Charitable Institutions
Public Improvements
Educational and Charitable Institutions
Educational and Charitable Institutions
Educational and Charitable Institutions
Great Smoky Mountain Park
Farm Colony Building Bond
State Prison Farms
Total Payable From Sinking Fund
Payab le from Revenue Collections:
State Port Bonds
State Port Bonds
School Plant Construction & Repair Bonds
School Plant Construction & Repair Bonds
Permanent Improvement Bonds
Permanent Improvement Bonds
Capital Improvement Bonds
Capital Improvement Bonos
Capital Improvement Bonds
Inttrest Date of
Chapter Year Rate Issue
165 1921 5% 7-1-21
-t pr
reft) 1921 4 1-1-22
162 1-923 4 10-1-23
162 1923 4-3/4 10-1-23
162 1-923 4-3/4 16-1-23
192 1925 4" 1-1-26
147 1927 4 4-1-30
147 1927 4 4-1-31
48 1927 4 4-1-30
219 1927 4 4-1-31
110 1931 4 7-1-31
820 1949 li 10-1-50
820 1949 1-3/8 10-1-50
1020 1949 H 10-1-50
1020 1949 1-3/8 10-1-50
1149 1953 2 7-1-53
1149 1953 7-1-53
935 1957 4 7-16-59
935 1957 3 7-16-59
935 1957 3.2 7-16-59
Capital Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction
School Plant Construction
School Plant Construction
School Plant Construction
School Plant Construction
Improvement Bonds
Improvement Bonds
Improvement Bonds
Improvement Bonds
Improvement Bonds
935 1957 3.1 7-16-59
1046 1953 1± 10-1-54
1046 1953 1-3/4 10-1-54
1046 1953 1-3/4 12-1-53
1046 1953 2 12-1-53
1046 1953 2.1 12-1-53
1046 1953 2.2 12-1-53
1046 1953 4 11-1-57
(Conti nueo)
74
Schedule 18
Matur
i
TY
i nterest
Due on
Outstanding
Bonds
Amount
of
I SSUES
Amount of
Bonds
Outstandi ng
June 30, 1960
July 1, 1961
Jan. 1, 1962
Oct. 1, 1963
©ct. 1, 1963
OCT. 1, 1963
Jan. 1, 1966 Bond #17106 Burned-Paid in
of H, B. 33, Chapter 425
Apr i l 1, 1968
April 1, 1968(Bond #26015 thru #26017 paid by
50,000 per Year thru April 1 s 1972
April 1, 1967
July 1. 1967
ft 168 600 00 $ 3 3 72 000 00 I 1 3 3 72 000 00
227 677 iO 3 3 73 000 00 3 3 73 000 00
480 217 50 3 049 000 00 3 049 000 00
1 180 3 75 oc 7 100 000 00 7 100 000 00
83 125 00 500 000 GO 500 000 00
1945 under authority
of 1945) 1 268 190 00 5 125 000 00 5 124 000 00
340 000 00 1 000 000 OG 1 000 000 00
o Act of 1937 Leg.) 1 358 080 00 4 247 000 00 4 244 000 00
165 750 00 2 000 000 00 600 000 00
16 800 00 60 000 00 60 000 00
112 000 00 400 000 00 400 000 00
$ 5 400 815 00 28 822 000 00
$300,000 4-1.
$310,000 4-1-
1330,000 4-
1350,000 4-
$990,000 4-1-
#1,050,000 4-
$1,100,000
$1,160,000
$575^000 7-1-
$5 75,000 7-
$575,000 7-1-
$600,000 7-
$2,200,000
$100,000 5-1-
$150,000 5-
$150,000 5-1-
$150,000 5-1.
$150,000 5-
$550,000 5-
$100J000 5-
$150,000 5-1=
$250,000 4-1-
$250,000 4-
$275,000 4.
$275,000 4-1.
$2 75,000 4-
$275,000 4-
$900,000 4-1.
$1,015,000 4-
$1,125,000
$1,175,000 4-
$1,220,000 4-
$400,000 5-1-
61; $300,000 4-1-62; $310,000 4-1-63 !
64; $320,000 4-1-65; $330,000 4-1-66;
1-67; $330,000 4-1-68; $340,000 4-1-69;
1-70
61; $1,010,000 4-1-62; $1,020,000 4-1-63
1-64; $1,060,000 4-1-65; $1,080,000 4-1-66;
4-1-67; $1,120,000 4-1-68; $1,140,000 4-1-69;
4-1-70
61; $575,000 7-1-62; $575,000 7-1-63;
1-64
•65; $575,000 7-1-66; $600,000 7-1-67;
1-68; $625,000 7-1-69; $625,000 7-1-70;
7-1-71; $2,200,000 7-1-72; $2,300,000 7-1-73
61; $150,000 5-1-62; $150,000 5-1-63;
1-64; $150,000 5-1-65
66; $150,000 5-1-67
68; $150,000 5-1-69; $150,000 5-1-71;
1-72; $150,000 5-1-73; $150,000 5-1-74;
1-75; $100,000 5-1-76; $100,000 5-1-77;
1-78; $100,000 5-1-79
70
61; $250,000 4-1-62; $250,000 4-1-63;
1-64; $275,000 4-1-65; $275,000 4-1-66;
1-67
68; $275,000 4-1-69; $275,000 4-1-70;
1-71; $275,000 4-1-72; $275,000 4-1-73;
1-74
61; $935,000 4-1-62; $975,000 4-1-63;$1 ,000,000 4-1-
1-65;$1,070,000 4-1-66; $1,075,000 4-1-67;
4-1-68; $1,130,000 4-1-69
1-70; $1,200,000 4-1-71
1-72; $1,225,000 4-1-73
61; $400,000 5-1-62
(CONTI NUED)
22 875 00
224 537 50
75 875 00
749 3 7
r 00
115 000 00
2 270 000 00
2 310 000 00
7 550 000 00
7 710 000 00
2 300 000 00
2 423 250 00 10 300 000 00
88 000 00
58 500 00
809 600 00
46 500 00
111 750 00
370 562 50
64 169 662 50
763 800 00
523 950 00
672 430 00
48 000 00
700 000 00
300 000 00
1 850 000 00
150 000 00
2 575 000 00
1 925 000 00
3 810 000 00
5 415 000 00
2 3 75 000 00
2 445 000 00
1 700 000 00
910 000 00
2 310 000 00
3 020 000 00
7 710 000 00
2 300 000 00
10 300 000 00
700 000 00
300 000 00
1 850 000 00
150 000 00
1 825 000 00
1 925 000 00
3 810 000 00
5 415 000 00
2 375 000 00
2 445 000 00
800 000 00
75
Title
General Fund (Continued):
Payable from Revenue Collections (Continued
LAW
I nterest Date of
Chapter Year Rate Issue
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
School Plant Construction & Improvement Bonds
Mental Institut