The school fund will increase slowly in the future. It should be increased by every practicable means. It is believod that the amount received from fines for violation of penal laws is less than it would be, were the laws so framed as to secure to the fund what justly belongs to it. It is difficult to understand how only $2,846 08 was obtained from this source during the past year, and still more difficult to see why several of the most populous counties in the state have not contributed any part of this small amount. The attention of the Legislature is respectfully called to the statement of fines" received from the several counties, which is published in the report of the State Treasurer, for the last fiscal year. IV. SCHOOL FUND INCOME. The amount apportioned by the Superintendent of Public Instruction, and certified to the Secretary of State, on the 15th of June, 1867, was $166,710 41. The apportionment was forty-seven cents per scholar. A detailed statement will be found in the appendix. The annual apportionments, from 1849 to 1867 inclusive, are as follows: The apportionment for each year is made upon the returns of the preceding year; hence the amount apportioned for any one year will be found by multiplying the number of children' reported the preceding year by the number of cents per scholar apportioned that year. The following is a statement of the receipts and disbursements of the school fund income as reported by the Secretary of State for the year ending September 30, 1867. The productive portion of this fund consists of the proceeds of the sale of lands set apart for the support of Normal Schools, by chapter 537 of the General Laws of 1865, and on the 30th day of September, 1867, was as follows: Seventy-five per cent. of the income of this fund constitutes the Normal School Fund income, and twenty-five per cent. is annually transferred to the income of the school fund. The receipts and disbursements of the Normal School Fund, for the last fiscal year, were as follows: The receipts and disbursements of the Income of the Normai School Fund, as reported by the Secretary of State, for the year ending September 30, 1867, were as follows: The following is a detailed statement of the disbursements from Under the provisions of chapter 116, of the General Laws of 1866, the sum of $10,000 was transferred from the income of the Normal School Fund for the purpose of completing the building at Platteville, and the same amount for the same purpose at Whitewater. Chapter 118 of the General Laws of 1867 authorized the transfer of $8,000 in addition to Whitewater normal school and of $5,000 to Platteville normal school. As this money will all be required for the purpose indicated, the transfer has been made on the books of the office of the Secretary of State. VI.-WHITEWATER NORMAL SCHOOL BUILDING Fund. Under an arrangement with the Board of Regents of Normal Schools, the city of Whitewater deposited $25,000 with the State Treasurer, for the purpose of securing the location of a Normal School at that place, and for the purpose of erecting a suitable building. The legislature by chapter 116 of the General Laws of 1866, and chapter 118 of the General Laws of 1867, authorized the transfer of $18,000 from the Normal School Fund Income for the same purpose. In this manner, the receipts into this fund are accounted for. The following is a statement of the account : Receipts. Donated by village of Whitewate... Transferred from normal school income by authority, laws 1866 and 1867...... Total..... $25,000 00 18,000 00 $43,000 00 |