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FINANCIAL STATEMENT OF UNION COUNTY.

Total indebtedness of the said county up to and including June 30, 1901, amounts to $17.312.41, composed of the following items:

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Total assessed value of real and personal property for the year 1901.

1,959, 483.00

47,312. 41

FINANCIAL STATEMENT OF LINCOLN COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $16,275, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901

1,215,959,00

FINANCIAL STATEMENT OF TAOS COUNTY.

Total indebtedness of the said county up to and including June 30, 1901, amounts to $41,400, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901..

Percent.
6

$24.500.00

6

3.000.00

6

3,500.00

6

10,400.00

41.400.00

503, 858.00

FINANCIAL STATEMENT OF RIO ARRIBA COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $53,249, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901

53,249.00

866, 968.00

FINANCIAL STATEMENT OF VALENCIA COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $106,982, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901.

Per cent.

8

$18,982.00

6

3,800.00

18,700.00

6

30,000.00

7,000.00

20,000.00

6

8,500.00

106,982.00

1,850,000.00

FINANCIAL STATEMENT OF GUADALUPE COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $30,458.94, composed of the following amounts:

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20-30 Court-house and jail..

10-20 Funding indebtedness of current expenses

Total bonded indebtedness....

Approved accounts outstanding for 1898.

6

$25,000.00

6

2,785.46

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Total assessed value of real and personal property for the year 1901

1,016, 732.00

FINANCIAL STATEMENT OF MORA COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $98,044.17, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901.

1,042,830.00

FINANCIAL STATEMENT OF EDDY COUNTY.

Total indebtedness of said county up to and including June 13, 1901, $64,000, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901 (approxi-
mately)

1,640,000.00

FINANCIAL STATEMENT OF SANTA FE COUNTY.

Total indebtedness of said county up to and including June 30, 1901, amounts to $960,497.83, composed of the following amounts:

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Total assessed value of real and personal property for the year 1901

3,500.00

13, 139.00

681,039.00 230, 164.95 11,385.90 7.874.28 29, 333.70 700.00

960, 497.83 1,892,785.00

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LUNA COUNTY.

The approved accounts unpaid to June 30, 1901, in Luna County amounted to $976.75. This is a new county, created by act of the last legislature from parts of Dona Ana and Grant counties, with Deming as the county seat. It has a total assessed valuation of real and personal property for the year 1901 of $1,310,808.65. No bonds have thus far been issued for any purpose whatever.

Said county of Luna is liable, under section 9 of the act of March 16. 1901, entitled "An act to create the county of Luna," etc., "to pay to the said county of Dona Ana such proportion of the indebtedness of said county of Dona Ana, less cash on hand, as the assessed value in 1900 of the property situated in said part thereof hereby included in Luna County bears to the total assessed valuation of property in Dona Ana County for the year 1900," but as Luna County's proportion of that indebtedness is based upon the tax value of 1900, and has not at this date been adjusted by Dona Ana County, it can not here be stated. The matter of Luna County's proportion of the indebtedness of Grant County is as yet also undetermined.

M'KINLEY COUNTY.

McKinley County was created by act of the legislative assembly of 1898-99 out of the western part of Bernalillo County, which act provided that it should not be formally organized until January 1, 1901. The assembly of 1900-1901 increased its area to 3,255,940 acres by further additions from Bernalillo County, and also attaching thereto part of western Valencia County.

The assessment roll shows the assessed valuation of property in McKinley County to be $1,204,883. The amount of taxes due for 1901 on this valuation is $48,738.34. Thus far all salaries and other running expenses of the new county, including the expense of organization, are paid in full to date. The only indebtedness of McKinley County September 1, 1901, consists in an issue of $35,000 in bonds to cover its proportion of the bonded debt of Bernalillo County.

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REPORT OF THE SECRETARY OF NEW MEXICO.

I desire to call especial attention to the report by the secretary of the Territory, and cordially commend to the earnest consideration of the honorable Secretary of the Interior the several suggestions and recommendations therein made looking to the betterment of the public service in New Mexico. The report follows:

SANTA FE, September 6, 1901.

SIR: In accordance with your request, I have the honor to transmit herewith a report of the business of this office during the fiscal year 1901, with the exception of the executive record and official correspondence, which is forwarded directly to the President, and my report as special disbursing officer, which is forwarded to the Treasury Department.

I have the honor to be, very respectfully,

J. W. RAYNOLDS, Secretary of New Mexico.

His Excellency, MIGUEL A. OTERO, Governor of New Mexico.

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NORMAL SCHOOL BASKET BALL TEAM, SILVER CITY, 1901.

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