school during the past year, or who are receiving their education at home, we must conclude that at least 25,000 persons over 6 and under 17 years of age, who ought to have been attending the schools during the last year have not attended them a single day. We are not to infer from this deduction that so large a number are year after year growing up in ignorance, for some of these will doubtless attend school next year; but, in whatever light we view the fact, we caunot escape the conviction that it is from this part of our population that our criminals will come, and that to punish and reform them then, will cost much more than it would to educate them now. FINANCIAL STATISTICS. The amount received during the year ending August 31, 1867, for the support of public schools, as reported by county superintendents, is as follows: Deducting from total receipts for 1867, the amount on hand August 31, 1866, and the amount of income of the school fund as re ported, and we find the amount raised by tax for public schools, in 1866, to be $1,503,378. This is $391,059 more than was raised the preceding year. The following statement shows (1) the aggregate valuation of the property of the state from 1857 to 1866, inclusive, (2) the amounts annually raised by tax for the support of public s the number of mills raised for each dollar of val 150,000,0 " ind, (3) ,161 0.85 The amount raised by tax for each person over four and under 20 years of age in 1866, was..... The amount expended for each person of school age in 1867, was The amount expended for each person registered in the public schools. $4 03 4 09 6 34 The average cost of tuition per day including expenses, was— In 1867 In 1866 Increase.. Average cost of tuition per month (of 22 days), was In 1867 In 1866 Increase.. $0,089 0,076 $0,013 $1 96 1 67 $0 29 II.-EDUCATIONAL FUNDS. The productive educational trust funds of the State were, on the 30th day of September, 1867, as follows: These funds are drawing interest at the rate of seven per cent. per annum, and are invested as follows: By the courtesy of J. A. Bate, Esq., chief clerk of the Land Office, I am enabled to furnish the following statement of the nonproductive educational trust funds, consisting of lands owned by the State, and for sale, September 30, 1867: There are in addition to the foregoing, 70,000 acres of land to be equally divided between the Drainage and Normal School Funds, which have not yet been brought into market. III. -SCHOOL FUND. The school fund consists of 1. The proceeds of all lands that have been or hereafter may be granted by the United States to this state for educational purposes, (except the lands granted for the purposes of a University. 2. All moneys, and the clear proceeds of all property that may accrue to the state by forfeiture or escheat. 3. All moneys that may be paid as an equivalent for exemption from military duty. 4. The clear proceeds of all fines collected in the several counties for any breach of the penal laws. 5. All moneys arising from any grant to the state where the purposes of such grant are not specified. 6. The five hundred thousand acres of land granted by Congress 7. under an act approved September 4, 1841; and The five per centum of the net proceeds of the sales of public lands within the state. The productive School Fund, on the 30th of September, 1867, was as follows: This amount is $18,584 57 less than the amount reported last year, but as an overpayment of $80,703 25 was included in the productive fund of 1866, and which has since been refunded, there is an actual increase of the fund, (after deducting $352 01 paid to counties for taxes collected by the state, and $1,047 78 refunded for overpayments in the transactions of the past year) of $35,118 68and there remains a balance not yet invested of $31,869 25. The amount due on certificates of sales is $19,335 18 less than was reported last year, and the amount due on mortgages is $26,249 39 less. These changes will be understood from the following statement : Amount due on certificates of sale, Sept 30, 1866 $554,350 74 Decrease by forfeitures. Decrease by payments. $30,227 70 $78 466 84 $475,883 90 The receipts and disbursements of the school fund during the past fiscal year were as follows: If to the productive school fund, as reported by the Secretary of State, be added one-fourth of the productive normal school fund, the income of which is annually apportioned with the income of the school fund, the amount of the fund, interest on which at 7 per cent. will be apportioned in June, 1868, is as follows: Reported by Secretary of State..... Amount due school fund on account of five per cent. fund. Total..... The amounts reported annually, as productive school fund, during the past nineteen years, have been as follows: |