Friday, December 19, 2008

State $50,000,000 Better Off Than In 1939

If only this were true today:

State $50,000,000 Better Off Than In 1939

Democratic Advocate, December 20, 1946.

Fiscal Situation Vastly Improved During 8 Years of Office—Annapolis, December 16 –

The State's Annuity Bond Fund Reserve as of December 31 will be approximately one million dollars, Governor Herbert R. O'Conor made known today, following a checkup made by the State's fiscal officers at his request.

As of November 30, the report showed, the balance in the Fund was $913,701.54, with receipts from taxes for the month of December estimated at $70,000.00 allowing for interest payments for the month of December of $13, 823,75, the Governor pointed out, there will be available in the Reserve as of the close of the calendar year a total of $969,877.79.

Democratic Advocate, December 20, 1946.

20081220 19461220 State $50,000,000 Better Off Than In 1939

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