VERMONT. 



825 



past three terms by the various justice and 

 municipal courts : 



This table shows the fines and costs collected 

 in each year, for the last two years, to be 

 about $17,000 more than for years preceding. 



Probate returns for the last two years show 

 a net excess of probate fees of $109, against a 

 net deficit of $1,200 in former terms. 



The orders drawn by the Auditor for the 

 year ending July 31, 1882, contain the follow- 

 ing items : 



Court expenses $39.350 07 



State printing, stationery, etc 6,640 87 



House of Correction expenses 9,425 76 



Reform-School expenses 21,508 68 



State-Prison expenses 49,568 64 



Salaries of seven Supreme Court Judges 17,478 94 



Salaries of Probate Judges 11,750 00 



Salaries of State Attorneys 5,900 00 



Salary of Governor 1,200 00 



Salary of Treasurer 1,700 00 



Salary of Secretary of State 2,200 00 



Salary of Auditor 1,400 00 



State militia expenses 13,176 72 



Department of Agriculture expenses 2,586 92 



Vermont Insane Asylum 87,198 78 



The figures of the second appraisal of the 

 real and personal estate, under the act to 

 equalize taxation, passed in 3880, proves the 

 measure to be an unqualified success in its 

 general results. The total valuation for 1882 

 of the taxable property and polls in the State 

 is as follows : 



Amount of real estate $106,577,559 



Amount of personal estate 46,996,584 



Total valuation $153,573,584 



One per cent of this valuation is taken as a 

 basis for assessing taxes, and which, reduced, 

 makes a grand list of $1,535,735.84. To this 

 add 73,757 polls at $2, less deductions, and we 

 have a list aggregating $1,680,529.84. For 



1881 the figures were as follow : 



Amount of real estate $102,437,102 00 



Amount of personal estate 46,896,967 00 



Total. . . $149,334,069 00 



One per cent of which is 1,493,340 69 



Add polls, 73,648, at $2 each $147,296 



Less deductions 3,016 144,280 00 



Grand list $1,637,620 69 



A comparison of the grand lists for 1881 and 



1882 shows the increase of the real-estate val- 

 uation of the latter year over the previous 

 year to be $4,140,457. On personal property 

 the increased valuation is some $100,000. 



The following table shows the changes in 

 the State grand list : 



The direct taxes levied and collected for the 

 last two years were $479,097. 



The report of the Inspector of Finance 

 shows the condition of the savings-banks and 

 trust companies in the State, on the 30th day 

 of June, 1882. 



The whole number of depositors in these 

 financial institutions at the date of the report 

 was 42,583, an increase during the year of 

 4,204. 



The deposits aggregated $12,675,269.71, an 

 increase of $2,015,784.59 since the report of 

 1881. Of the deposits $10,221,178.52 belongs 

 to depositors living in Vermont, and $2,454,- 

 091.19 to non-residents. The average amount 

 to the credit of each depositor is $297.66. 

 There are 27,996 depositors having less than 

 $250 on deposit. Three hundred and seventy- 

 three depositors have over $2,000 each to their 

 credit. The Inspector recommends that the 

 Legislature reduce the amount allowed to the 

 credit of any one individual depositor, to draw 

 interest, to $1,500-. The interest credited to 

 depositors' accounts during the year (including 

 dividends to stockholders of trust companies), 

 amounts to $382,821.05, an increase of $30,- 

 849.71 over the previous year. The present 

 undivided earnings, interest, and surplus held 

 by all these banks amount to $439,624.21, an 

 increase of $105,695.41. There has been an 

 increase in the amount loaned on mortgage 

 security of $118,197.93. 



The number of savings-banks and trust com- 

 panies in the State is 22 ; the total expenses of 

 these institutions for the year was $112,876.75 ; 

 the amount of United States taxes paid on de- 

 posits was $14,056.28; the amount of State 

 tax was $53,681.12. 



Omitting all payments on account of loans, 

 savings-bank tax, United States deposit, sol- 

 diers' and trust funds, that are not taken into 

 account as a part of the current expenses of 

 the State, the disbursements for the 



Two years ending August 1, 18S2, were $719.171 



Two years ending August 1, 1880, were 773,911 



Two years ending August 1, 1878, were 8/4,572 



Two years ending August 1, 1876, were 810.857 



Two years ending August 1, 1874, were 697,638 



Two years ending August 1, 1862 (omitting all war 



expenses, also), were 864,772 



The Auditor estimates that $70,000 of the ex- 

 penses of 1881 and 1882 were exceptional. Ad- 

 mitting this, and deducting but $16,000 as ex- 

 ceptional from expenses of 1861 and 1862, dur- 

 ing which time one extra and two regular 

 sessions were held, we find the annual current 

 expenses $150,000 greater than twenty years 

 since, and they were much larger at that time 

 than they should have been. 



The financial condition of the State, as shown 

 by the Treasurer's report, is as follows : 



LIABILITIES. 



Due towns, United States surplus fund $13.397 62 



Due soldiers' account 8,959 02 



Due suspense account (outstanding checks) 1,940 24 



Due bonds and coupons due 1876 4,860 00 



Due towns on account of savings-bank tax 42.760 36 



Due Agricultural College fund due 1890 185,500 00 



Due orders not presented 2,666 55 



Total... $209,583 79 



