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The Idaho Springs Siftings News
Idaho Springs, Clear Creek County, Colorado
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Colorado State Auditor Arthur M. Stong announced on Friday that of the $4,693,084.01 appropriated by the last legislature, $3,668,747.50 had been paid by Oct. 15, and all bills, including long-due relief bills, will be paid by Nov. 30, leaving $278,000 in the treasury. The Shoup administration will close the biennial period with finances balanced and surplus.
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Paid by November 30
Of the $4,693,084.01 appropriated by last legislature, $3,668,747.50 had been paid out on Oct. 15, State Auditor Arthur M. Stong announced Friday, in declaring that at the close of the biennial period on Nov. 30 next, Colorado will have paid all her bills and have $278,000 in the treasury.
"Bills, including relief bills which have been due for twenty years in some instances, will be paid by the end of the biennial period," said Stong. "Practically all of the $200,000 appropriated by the legislature for loans of $200 each to former service men for educational purposes will also have been paid out by that time."
"The Shoup administration will have placed the state in the position of having its bills all paid and a considerable sum on the credit side of the ledger when the biennial period closes."
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Domestic News Details
Primary Location
Colorado
Event Date
Oct. 15 To Nov. 30 Next
Key Persons
Outcome
all bills paid, including relief bills due for twenty years; $200,000 in loans to former service men disbursed; $278,000 remaining in treasury
Event Details
State Auditor Arthur M. Stong announced that $3,668,747.50 of the $4,693,084.01 appropriated by the last legislature had been paid by Oct. 15. By the end of the biennial period on Nov. 30, all bills will be paid, including long-due relief bills, and nearly all $200,000 in educational loans to former service men will be disbursed. The Shoup administration will leave the state with all bills paid and a surplus.