FINANCIAL SS^gK Date of County Organisation January 2, 1907 TAX AND PENALTY FUND Population, 1922 estimated .... 16,475 Area 2,000,000 acres Average assessed valuation, per acre RECEIPTS $4.70 '"j rJ'^v 1 Miles of Railway, in cointy Balance on hand, January 1, 1921 225 $ 21,067.23 From Tax Collections pu^- Asseaeed Valuation 1921 796,399.97 p* Platted Property .$1066,584.00 Overdrawn, December 31, 1921 12,569.82 Unplatted Property ...... 4)581,095.00 Total $830,937.02 Total Real Property I $5,647,679.00 DISBURSEMENTS By Distribution Personal Property 1,066,240.00 $830,037.02 Total $830,037.02 Total Value Real and Personal Property $6,713,919.00 Money and Credits 1,431,833.00 COUNTY REVENUE FUND OF Total assessed value. Real and Personal property and Moneys and Credits .$8,145,752.00 RECEIPTS From Tax collections 49,759.91 Transferred from Contingent Fund 1.38 KOOCHICHING COUNTY, MINNESOTA From Clet-k Hire Fund 198.00 Cancellation of Warrants No. 23105, 23108, 23443, 23446 92.00 OUTSTANDING WARRANTS, DECEMBER 13ST, 1921. Cancellation of Warrant No. 22361 18.00 Correction of Warrant No. 15895 1.00 .From fines paid County Judgement Fund $ 3,105.97 2,747.57 Unorganized Road and Bridsre Fund 1,947.59 Refund of clerks fees, personal property tax collections 64.66 State Rural Highway Fund 53,534.53 Board of Government prisoners 599.60 for For the Fiscal Year Ending December County Rpad and Bridge Fund 34,562.67 From Inteerst on deposits 4,191.81 County Revenue Fund 138,445.62 ®locum Property, Rec'd from H. I. Bedell 128.70 Wolf Bounty Fund (Due from State) 390.00 & O Power Co., Suprem Ceourt costs, Power om Company cases County Bond and Interest Fund 5,627.81 104.80 31st, 1921 Suspense Fund 168.75 wnm c®J1*iscated in Ranier gambling house 43.30 From refund of telephone tolls State Revenue and School Fund 826.84 1.70 20 From sale of Hunting licenses State Land and Interest Fund 2,058.89 2,331.40 From Cigarette license money Teachers Insurance and Retirement Fund 177.89 174.00 From Forfeited Bail money .... Clerk Hire Fund 18.00 26.50 From Forfeited Bond money Town. City and Vilage Fund 37,230.52 1,009.00 Private Redemption Fund 222.33 From ^Mike. Bush, refund of board expense at county Judicial Ditch Maintenance Fund 26.40 15.00 Office of the County Auditor, Judicial Ditch Fund 128,815.14 17.85 Wrnm Justice court expense.... Refunding Account 112.-52 From American State Bank of Ranier Interest on Koochiching Gounty, Minnesota. Certificate of Deposit ,.,. 96.67 International Fall§, Minnesota, January 3rd, 1922. From Inheritance tax collections $427,271.47 17.05 From Sale of trapping lcienses Less, Credit Poor Fund 94.58 100.00 Fram Sale of Non-resident fishing licenses'!!!!!!'.!!! 2.00 Overdraft, December 31st 1921 To the Honorable Board of County Commissioners, Total Outstanding Warrants $427,176.89 133,551.86 Total $195,265.76 County of Koochiching, Minnesota. Warrants DrawnblsBliHSEMKXTS RECEIPTS AND DISBURSEMENTS FOR THE YEAR 1921 Salary and expense of county agent 928 19 3 Gentlemen:— Assessment expense '839*30 Returns of Births and Deaths 153 75 RECEIPTS Board of Audit expense 462 00 Cash on Hand, January 1st, 1921 $148,829.54 Herewith, I submit to you a statement showing in detail the Books, Sationery and supplies .......! 6 345 94 From Real estate and Personal tax colleetions Droperty Expense in child welfare matters .!!!!!!.!!"! 265 30 796,399.97 Coroners expense 540 81 business transactions of this office fort he fiscal year ending December From Mortgage tax collections 981.09 County Prisoners expense ....!.!! 704 00 From State Rural Highway Bond Redemptions 67,150.00 1 Expense of Couty Supt. of Schools ... 328 10 State of Minnesota, State School Aid i. 22 959.00 31st, 1921 also showing the financial standing of said county at Court House and .Tail expense 63 5 799 State of Minnesota, Maintenance on State Roads 4,976.14 District & Municipal court expense 4 812 34 State of Minnesota, Payment of Wolf Bounties, 741.00 the close of saicj year. Election Expense 30 78 State of Minnesota, Part payment of interest and Expenses in insane cases 864 28 principal, Judicail Ditch Liens against State owned Interest on Warrants !!!.'. 4 lands 62,405.45 Clerk Hire for Probate Judge !..!!.. rtft State of Minnesota, Part payment on State's share, cost Respectfully submitted, Printing supplies r',r of constructing State Rural Highways 20,000.00 7fi Sheriff's expense "...!!!!! 1 009 20 State of Minnesota, Inheritance tax collections 17.05 Mothers pensions !!!!!..!!. 2 822 00 Collections of fines and costs, criminal cases ...... 2,747.57 County Officers expense, salaries etc *,7 535 Clerks fees, Personal property tax odlections 64.66 77 Clerk,Hire for Clerk of Court *348 00 From refund on Warrant No. 2994 paid twic.e Road and Miscellaneous expense 7,608 06 Bridge Fund 36.00 County Auditor. United States Government, board of government prisoners Total Warrants drawn 580.60 74,568.30 To Clerk Hire Fund From refund on Warrants Nos. 26559-2660, paid twice, 4,800.00 To Incidental Fund !!.!!!!!!!! TRIAL BALANCE COUNTY AUDITOR Judicial Ditch Fund 138.10 573.13 To Contingent Fund From banks, Interest on county deposits 4,191. 81 1,000.00 Correction Warrant. Bruce "Barton assessment expense From rent of Slocum property 128.70 4.20 Overdraft, January 1st 1921 From & O Power Co., Costs in Supreme Court cases 104.80 113,730.83 From the General Ledger of County Auditor of Koochiching County, Refunding^ .!!!!..!.. From Sheriff, Confiscated money, Ranier gambling 589.30 Minn., showingt he condition at the close of business on cases 43.30 Total From Refund of toll calls 1.70 $195,265.76 the 31st day of December 1921. From Sale of Hunting licenses 2,331!40 From Sale of Cigarette licenses 174! 00 COUNTY POOR FUND From Forfeited bail money- 26.50 Total Fnr Fiscal Year Balances From Forfaited Bond money 1,000.00 Ledger Folio Debit Credit Debit Credits RECEIPTS From refud of board money. Case of Mike Bush 15! 00 County Treasurer... S $1 158,740.16 $ 975,711.96 Ballance on hand, January 1st 1921 $ $ 183,028.20 183,028.20 From refund of Justice court expenses, Case of Mike.. 2,425.32 24 Warrant Account ... 975,711.96 1,402,888.85 427,176.89 From tax collections 18 718.66 Bush 17.85 Taxes and Penalties .. 46 830,037.02 817,467.20 12)569.82 From Central Trust Company of Illinois, refund of over-payment Mortgage Registry Total $21,143.98 on Principal, Judicial Ditch Bonds due Tax 245 853.03 1,745.82 892.79 July 1, 1921 1,000.00 County Judgment Warrants drawn 13,814.87 From Interest on certificates of deposit 96.67 Fund 304 3,954.14 2,847.59 1,106.55 Refundings From Rent of Road machinery 11.00 197.43 Road and Unorganized Balance on hand. December 31st 1921 From Sale of Road Machinery 100.00 7,131.68 Bridge Fund 318 13,162.52 20,521.48 7,358.96 From sale of trappers licenses 100.00 Current School 61 69,201.68 69,201.68 Total .. $21,143.98 From Sale of Non-resident fishine: licenses 2.00 State Rural Highway From Redemption Fund collcetions 3,391.17 Fund .... .. 274 166.897.75 124,914.68 41,914.68 COUNTY ROAD AND BRIDGE FUND From State fLand Sale collections 16,252.68 County Road and From State Rural Highway Lien collections 38.87 Bridge Fund 114 99,109.88 71,243.28 27,866.60 27,866.60 From Judicial Ditch lien collections 1,092.79 Poor Fund 103 14 012.30 21,143.98 7,131.68 RECEIPTS County Revenue From Teachers Insurance premium collections 593.75 Received from Tax Collections $ 66,120.14 Outstanding Warrants, December 31st, 1921 427,176.89 Fund 78 195.154.76 61.602.90 133,551.86 133,551.86 State Aid, Maintenance on State Roads 4,976.14 Contingent Fund ... 253 1,000.00 1,000.00 Refund of Warrant No. 2994, paid twice 36.00 Incidental Fund .... 172 573,13 Total $1,585,917.05 573.13 From Rent of Road Machinery, Distrcit No. 4 11.00 Wolf Bouny 176 DISBURSEMENTS 1,170.00 741.00 429.00 From Sale of Road Machinery, Distritc No. 3 100.00 Warrants Drawn:— County Bond and Interest Overdraft, December 31st 1921 27,866.60 Fund 212 Unorganized Road and Bridge Fund $ 13 16? 52 22,789.10 24,988.64 2,199.54 County Road and Bridge Fund oo'ocn'io Suspense Fund 241 234,39 65.64 168.75 Total $99,109.88 State Revenue and State Rural Highway Fund 53*419 15 DISBURSEMENTS School 182 42,372.12 Poor i^nd i3'8i4.'87 42,194.23 177.89 Overdraft, January 1st 1921 8.806.43 State Tiands and Interest Revenue fund 74,461.50 Transferred from Unorganized Road and Bridge 193 16,785.77 Contingent Fund jgg go 17 149.81 364.04 Fund. Warrants No. 18884, 20283, 20284 1,496.70 State Lonas 201 Incidental Fund cto 10 29,805.47 41,999.85 12,194.38 Refundings 556.63 Teachers' Insurance Wolf Bounty Fund !!.'!!!! 877 50 Warrants Drawn:—Engineering and Retirement County Bond and Interest Fund .' on'97 21 services and expenses $ 5,164.98 Fund 312 1,313.07 1313.07 Clerk Hire Fund 4602 00 Interest on warrants 1,355.79 County Sanatorium. 257 6,486.67 8,823.39 Maintenance Fund, Judciial Ditche ..s 699 80 2,336.72 General Road and Bridge expense ... 11,653.63 Clerk Hire 234 4,800.00 4,800.00 State Revenue and School Fund !..!! 42 005 76 Road and Bridge work, District No. 1 18,232.26 School Districts .... 153 253,907.96 264,217.49 State Land and Interest Fund .....!. 16 7-65 77 10 309.53 Road and Bridge work, District No. 2 12 727.48 Town City and State Loan Fund 24^255 56 Road and Bridge work, District No. 3 10J242.57 Village 162 232,780.21 232,706.74 Teachers' Insurance and Retirement Fund 1 238 11 73.47 Road and Bridge work, District No. 4 22,979.89 Private Redemption 144 3,976.78 5,042.90 1,066.14 Judgement Fund 206 62 Road and Bridge work, District No. 5 5,876.94 Assurance Fund 261 .67 .67 School Districts Fundi 251 004 90 Jud Ditch Maintenance Towns. Cities and Village Fund 230^534 31 88.233.54 Fund 275 699.80 967.37 267.57 Redemption Fund 3^911 12 Correcting Warrant No. 7724, dated Jan. 8th 1917. Ditch Fund 280 208,970.95 138,558.86 70,*12.09 Tri-County Sanatorium Fund 6^442! 65 Charge dto Sanatorium Fund in error .' 28.58 Refunding Account.. 224 7,629.72 7,629.72 Judicial Ditch Fund 168 180 26 .4. Refundment Account 5144! 02 Total.... 88 262 12 $4,362,130.32 $4,362,130.32 $ 471.298.91 $ 471,298.91 Cancellation of Warrant No. 22766, dated May 23 1921 Total Warrants Drawn 1 issued twice 12.00 Outstanding Warrants. January 1st, 1921 90 FINANCIAL CONDITION OF KOOCHICHING COUNTY, MINN., Cash on hand, December 31st, 1921 183 028 20 Total Warrants drawn 88,250.12 ON DECEMBER 3IST, 1921. $1,585,917.05 Total Total $99,109.88 ASSISTS RECEIPTS AND DISBURSEMENTS OF CITY AND VILLAGE FUNDS TOWN, Taxes Levied foe1 County Purposes, Year 1021 33,573.78 Revenue Fund 14,941.35 Poor Fund PaymentM to Balance to 67,'l47.'59 Road and Bridge Fund RecelptH Town. City Credit 14,795.09 Bond and Interest Fund From Tax A Village Debit Credit of T. C. 23.500.00 S. R. H. Bond and Interest Fund Town* Collections Treasurers Bal. Refunding* A V. Fundi* Bal. 17,593.21 State l,oan Fund Bsmnock szaa 9c $ 846.28 $ 846.28 River !!!!!!!!!*. 532.1I 532. '62 532.62 Beaver 701 91 a 550 99 Total Levy 171 4,731.31 4,731.31 81500 00 Uncollected Penalties, interests and costs 1.471.49 13.18 13.18 1 458.31 |if 31st, 1921 183|028.20 Bridgie 1,950.69 Cash on hand, December 1.950.69 l|950.69 Cingmars 4,566.68 Inventory, County Property 4,566.68 4.566.68 and highways $2,093,700 00 Cross River 1,369.56 Lands, Drainage ditches 17.59 1,351.97 1,351.97 107 860! 00 Dinner Creek 2,445.76 Buildings 2,445.76 408.85 408.85 2,036.91 Dentaybow 1,616.57 Equipment 25 000.00 1.602.50 9.60 1,606.97 4.47 Supplies 3,750.00 Englewood 1,814.43 1.805.68 2.13 7.36 1,807.07 3.52 Evergreen 1,916.97 1,905.31 11.66 1.905.31 Forrest Grove 1,116.52 1,086.79 29.73 1.086.79 woit mSSf JsrstSFrnXi Grand Falls 797^78 797.78 •797.78 (County) 1920 and prior years, Uncollected t&xes, gowdy 1,252.'36 43.06 1 209.30 1,209.30 77,500.00 estimate «enry ft 1,545.34 56.30 L489.04 1,489.04 Indus 717.45 711.08 6.37 717.45 Jameson 4,534.61 Total $2,744,318.19 4.534.61 4,534.61 LIABILITIES Kline 456.56 456.56 456.56 89 Outstanding Warrants 427 176 Koochiching 7.209.57 104.46 7.101.42 7,105.11 1.14 4.831 Minnesota Loans from State of jVano AA Lindford 886.46 886.46 886.46 Warrants) 180 450 00 Funding Bonds, (S. R. H. Manitou 421.24 420.09 421.24 1.15 Funding Bonds, (R & B. Warrants) Meadow Brook 1.103.65 61000 00 8.53 1,095.12 1 095.12 Warrants) Funding Bonds, (Rev. 1' 93*878*75 Meding 3,194.82 qaVaaa'aa 114.05 3.078.70 3,080.77 2.07 Judicial Ditch Bonds Murphy 1,023.31 5.08 1,017.61 1,018.23 .62 Elwell Road Bonds Wooo no Nett River 2,502.28 25.41 2,454.17 22.70 2,476.87 Assets over Liabilities 476*512' 55 Pine Top 1,357.76 1,357.76 1,357.76 Plum Creek 852.83 852.83 852.83 Rapid River 762.11 Total $2,744,318.19 6.83 755.28 755.28 Ray 2,520.54 35.19 2.464.43 2,485.35 20.92 Rat Root 1,772.94 67.25 1.705.69 1.705.69 OUTSTANDING BONDS, DECEMBER 31ST, 19Z0. Reedy 840.26 13.88 826.38 826.38 Sault 1,525.59 1,520.20 .52 1,525.07 4.87 Sturgeon River 801.64 801.64 801.64 Interest Due Serially Amount Summerville 3,476.14 3,476.14 3,476.14 Watrous 965.54 State Rural Highway Bonds, 964.35 ®ate. to Year 966.54 2.19 Warren 2,127.26 2127.26 2,127.26 Roads Numbers 5-9-2024 5 e/s. 1933 S260 00A 00 Wildwood 1,349.51 1,345.82 3.69 1 345.82 Funding Bonds, Court House 4 1927-28 28800 00 Williams 626.52 612.62 14.10 .20 '612.42 Funding Bonds, Jail Bldg .4%%...V....1920 15000 00 Wicker 476.57 23.13 451.80 453.44 1.64 Funding Bonds 4%% ....1924 13 878 75 IO White Birch 1,161.21 1,150.48 10.73 1,150.48 Funding Bonds. Series "A" .19Z1 O O A O A CITIES AND VILLAGES:— Funding Bonds, Series ««B" 4 1932 50 000*00 Rig Falls, Village 2,481.31 2,448.10 Funding Bonds, Series 1-1-20, 50,000.00 32.29 2,449.02 .92 International Falls, City 147,738.72 147.47 147,343.44 147,591.25 (S. R. H. Warrants) 6 e/„ 1939 49 247.81 750 00 Littlefork, Village 1,356.78 1,340.93 Funding Bonds, Series 5-1-20, «»,7&o.oo 1,356.78 15.86 Mispah. Village 1,384.92 88.17 1,279.41 1 296.75 (S. R. H. Warrants) 6 1939 49 500 17.34 A O Northome. Village 5.066.3i 4,211.75 Funding Bonds, Series 7-1-21, *»,&00.00 912.40: 70.2c 4^153.93 12.41 Ranier, Village 1,480.09 1,465.84 14.25 1.465.84 (S. R. H. Warrants) 1940 6 ri 9AA aa South International Falls, Village 2,549.74 2,483.14 21.14 2,528.60 Funding Bonds. Series 6-1-19 6 1930 6l!oSo! 00 45.46 Totals $232,699.62 $ 2,245.90 $230,453.72 $230,534.31 $ 495.73 Total $ 415.14 $638,628.76 Debit Balances 495.73 Less Assets for Redemption of Bon 415.14 Credit Balances Highway liens, filed against lands benefitted 65,000.00 State's share, cbst of highways, costs ..$130,000.00 80.59 $195,000.00 Le&s Correction, January 1922 '... 7.12 $43,628.75 Net Debit" Balance, January 1st, 1922 JUDCIAL DITCH BONDS 73.47 Ditches 1, 2 3, 9 1932 .$110,000.00 Ditch 4 1933 28.Q0fr.00 Ditch 5, '., VALUATIONS OF SCHOOL DISTRICTS, TAX YEAR 1921. ......1983 84,000.00 Ditch 6 1933 18,000.00 Ditch 7 1983 26,000.00 Ditch 8 1933 •.. 39,000.00 ir Ditch 10 193S —"3 41,000.00 Ditch 11 1988.. 36,000.00 aott cj Ditch 12 1985 -42,000.00 9 Ditch 13 1985 114,000.00 act Credit* assei Perso list Real Persot valu and Money Ditch 14 Valuation, 1986 Unplatted 180,000.00 Property Property Property Property Ditch 17 Property Personal 1935.. Number District 117,000.00 Platted Credits Ditch 18 tax of ......1985 354,000.00 Money i. Ditch 29 Total Total 1985 3,000.00 I Total Real. and No. ST and and on Totftlf %il bonds O anhItfic ft fC wTs Ditch bonds art all paid by ta&ea secured by liens Animt $ man?2?t&wftSS*4 81,737.00 ,692,687.00 $2,774,324.00 by such ditches, these lands being taxed to an even 266,051.00 $3,040,975.00 I 202.272.00 $3,304 247.00 IT, 662.79' 7,845.00 79,0*7,00. 86,882.00 59,-696.00 140.57S.00 10.175.00 Highways are issued to cover cost of construc­ 1 150,752.00 1« *11 22,107.00852,135.00 142,251.00 SMH.10, 164,868.00 2S.C70.00 182.528.00 tion, o| which the State of Minnesota pays one-half the coat, th* Pnunt* n._ 02.980.00 252,514.00 148,759.62 .1,599,604.00 2,451,729. Mr ing on^quarter of such costs and the1other o^iu^? S^t 712,082.00^ 2,162,822.00 1,088,109.00 4,251.991.00 102 l»,IH.fi( 2C0.00, 169*76.00 4440.00' 174,010.00 0,221.OA 180,247.00 construction! the Und. beneflttedby sSchVJbSE? W W a