FINANCIAL Date of County Organisation ........ TAX AND PENALTY FUND ....January 2 I, 1907 'r Population, 1922 estimated 16,475 .7.7.7.7.72*.666,000 Area acres yK '-. Average assessed valuation, per acre RECEIPTS .$4.70 Miles of Railway, in county Balance on- hajid, January 1, 1921 1- $ 21.067.23 it ufK, ,*~ if A$ -?, ...225 From Tax Collections 796,399.97 Valuation 11VX1 \?v. i\ --V& y.^\ Platted Property .».. Overdrawn, December 31, 1921 12,569.82 .$1 066,584.00 i*0!' Unplatted Property^........ 41581,095.00 P'&'•> Total .» N $830,037.02 Total Real Property .$5,647,679.00 bisBiRSEMEXTS By Distribution $830 037 02 Personal Property 1,066,240.00 Total $830,037.02 Total Value Real and Personal Property ....$6,713,919.00 COUNTY REVENUE FUND Money and Credits ... 1,431,833.00 OF Total assessed value, .Real and Personal property RECEIPTS and Moneys and Credits ...$8,145,752.00 From Tax collections 49,759.91 Transferred from Contingent Fund .!."!.!.. 1.38 From Clerk Hire Fund 198.00 /. KOOCHICHING COUNTY, MINNESOTA Cancellation of Warrants No. 23105, 23^08! 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 $ personal property tax collections Unorganised Road and Bridsre Fund 1,947.59 •4.66 State Rural Highway Fund 53,534.53 ®oard of Government prisoners 580.60 Iw™ T*"+ 2r From lnteerst on deposits County Road and Bridge Fund 34,562.67 4,191.81 For the Fiscal Year Ending December 5®1" of Slocum property, Rec'd 'from H. 'i.'Be'deVl County Revenue Fund 138,445.62 128.70 From & O Power Co., Suprem Ceourt costs. Power Wolf Bounty FftncT (Due from State) 390.00 Company cases 104.SO County Bond and Interest Fund 5,627.81 From monies confiscated in Ranier gambling house.... 168.75 43.30 Suspense Fund 31st, 1021 From refund of telephone' tolls State Revenue and School' Fund 20 826.84 1.70 From sale of Hunting licenses 2|058.S9 2,331.40 State Land and Interest Fund From Cigarette license money Teachers Insurance and Retirement Fund 177.89 174.00 From Forfeited Bail money 18.00 36.50 Clerk Hire Fund From Forfeited Bond money ..!!!!!!!!!..!!!!!!!!!!! 37,230.52 1,000.00 Town, City and Vilage Fund From Bush, refund of board expense at county Mike Private Redemption Fund 222.33 Judicial Ditch Maintenance Fund' 26.40 15.00 Office of the County Auditor, From Mike Bush refund "of 'justice court expense!!!! 17.8S judicial Ditch Fund i... 128,815.14 From American State Bank of Ranier Interest on Refunding Account 112.52 Koochiching County, Minnesota. Certificate of Deposit 96.67 From Inheritance tax collections International Falls, Minnesota, January 3rd!, 1922. 17.05 $427,271.47 From Sale of trapping lcienses ..!!!!! 94.58 100.00 Less, Credit Poor Fund Fram Sale of Non-resident fishing licenses 2.00 Overdraft, December 31st 1921 ... To the Honorable Board of County Commissioners, 133,551.86 Total Outstanding Warrants $427,176.89 Total $195,2-66.76 „T DISBURSEMENTS" County of Koochiching, Minnesota. Warrants Drawn:— RECEIPTS AND DISBURSEMENTS FOR THE YEAR 1921 Salary and expense of county agent 3.228.19 Assessment expense ..!!!!!!!! 839.30 Returns of Births and Deaths 153.75 RECEIPTS Board of Audit expense Cash on Hand, January 1st, 1921 $148,829.54 462.00 Herewith, I submit to you a statement showing in detail the Books. Sationery and supplies !!.'.' From Real estate and Personal Dropertv tax collections 6,345.94 Expense in child welfare matters 265.30 796,399.97 Coroners expense business transactions of this office fort he fiscal year ending Decem­ From Mortgage tax collections 981.09 540.81 County Prisoners expense From State Rural Highway Bond Redemptions 67,150.00 1.704.00 Expense of Couty Supt. of Schools State of.Minnesota, State School Aid 22 959.00 328.10 ber 31st, 1921 also showing the financial standing of said county at Court House and .Tail expense 5,799.63 State of Minnesota, Maintenance on State Roads 4)976.14 District & Municipal court expense State of Minnesota, Payment of Wolf Bounties, 741.00 4,812.34 Election Expense the close of said year. 30.78 State Minnesota, Part payment of interest and of Expenses in insane cases principal, Judicail Ditch Liens asainst State owned 864.28 Interest on Warrants, 4,805.60 lands 62,405.45 Clerk Hire for Probare Judge State of Minnesota, Part payment on State's share, cost 300.00 Respectfully submitted, Printing supplies 4,765.25 o£ constructing State Rural Highways 20,000.00 Sheriff's expense State OfMinnesota, Inheritance tax collections 17.05 1.009.20 Mothers pensions Collections of fines and costs, criminal cases 2,747.57 2,822.00 County Officers expense, salaries etc 27,535.77 Clerks fees, Personal property tax ocllections 64.66 Clerk Hire for Clerk of Court 348.00 From refund on Warrant No. 2994 paid twic.e Road and Miscellaneous expense Bridge* Fund 36.00 7,608.06 County Auditor. United States Government, board of government prisoners Total Warrants drawn 74,568.30 580.60 To Clerk Hire Fund 4,800.00 From refund on Warrants Nos. 26559-2660, paid twice, To Incidental Fund 573.13 TRIAL BALANCE COUNTY AUDITOR Judicial Ditch Fund 138.10 To Contingent Fund 1,000.00 From banks, Interest on county deposits 4,191.81 Correction Warrant. Bruce Barton assessment expense 4.20 From rent of Slocum property 128.70 Overdraft. January 1st 1921, 113.730.83 From & O Power Co., Costs in Supreme Court cases 104.80 From the General Ledgeil of County Auditor of Koochiching County, Refundings 589.30 From Sheriff, Confiscated money, Ranier gambling Minn., showingt he condition at the close of business on cases 43.30 Total $195,265.76 From Refund of toll calls 1.70 the 31st day of December 1921. From Sale of Hunting licenses 2,331.40 COUNTY POOR FUND From Sale of Cigarette licenses 174.00 From Forfeited bail money 26.50 Total For Fiscal Year Balances From Forfeited 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... 5 $1 158,740.16 $ 975,711.96 Ballance on hand, January 1st 1921 183,028.20 1.425.32 From refund of Justice court expenses, Case of Mike.. Warrant Account ... 24 975,711.96 1,402,888.85 From tax collections 427,176.89 18 718.66 Bush '. 17.85 Taxes and Penalties .. 45 830,037.02 817,467.20 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 IXSBLRSEMEXTS 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 197.43 From Rent of Road machinery 11.00 Unorganized Road and Balance on hand. December 31st 1921 7,131.68 From Sale of Road Machinery 100.00 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 fishing 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 Land 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 From Judicial Ditch lien collections 1,092.79 Poor Fund 103 14 012.30 21,143.98 7,131.68 RECEIPTS From Teachers Insurance premium collections 593.75 County Revenue 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 State Aid, Maintenance on State Roads 4,976.14 Contingent Fund ... 253 1,000.00 1,000.00 W a a N 2994, paid twice 36.00 Tofal $1,585,917.05 Incidental Fund .... 172 573,13 573.13 From Rent of Road Machinery, Distrcit No. 4 11.00 Wolf Bouny 176 1,170.00 741.00 DISBURSEMENTS 429.00 From Sale of Road Machinery, Distritc No. ?, 100.00 Warrants Drawn:-— County Bond and Interest Overdraft, December 31st 1921 27,866.60 Fund 212 Unorganized Road and Bridge Fund $ 13 162 5' 22,789.10 24,988.64 2,199.54 County Road and Bridge Fund 88^250 1* Suspense Fund 241 234,39 65.64 168.75 Total $99,109.88 State Revenue and State Rural TJighway Fund 53 419 15 DISBURSEMENTS School 182 42,372.12 42,194.23 Poor Fund i3'814:87 177.89 Overdraft, January 1st 1921 8.806.43 State Tiands and Interest Revenue Fund 74,461 50 Transferred from Unorganized Road and Bridge 198 16,785.77 17 149.81 Contingent Fund *998 62 364.04 Fund, Wrarrants No. 18884, 20283, 20284 1,496.70 State L»onas 201 29,805.47 Incidental Fund '573 4li999.85 12,194.38 13 Refundings 556.63 Teachers' Insurance Wolf Bounty Fund 877! 50 Warrants Drawn:— and Retirement County Bond and Interest Fund 21 033 *7 Engineering services and expenses 5,164.98 Fund 312 1,313.07 1313.07 Clerk Hire Fund "4,602 00 Interest on warrants 1,355.79 County Sanatorium.. 257 6,486.67 8,823.39 Maintenance Fund, Judciial Ditche 699! 80 2,336.72 General Road and Bridge expense 11,653.63 Clerk Hire 234 4.800.00 4,800.00 State Revenue and School Fund 42,005.76 Road and Bridge work, District No. 1 18,232.26 School Districts .... 153 253,907.96 264,217.49 State Land and Interest Fund 16^785 77 10.309.53 Road and Bridge work, District No. 2 12.727.48 Town Citv and State Loan Fund v.. |24^255 56 Road and Bridge work, District No. 3 10^242.57 Village 162 232,780.21 232,706.74 Teachers' Insurance and Retirements Fund 1,238 11 73.47 Road and Bridge work. District No. 4 22,979.89 Private Redemption 144 3,976,78 5,042.90 Judgement Fund 206! 62 1,066.14 Road and Bridge work, District No. 5 5,876.94 Assurance Fund 261 .67 .67 School Districts Fund 251,004 90 Jud Ditch Maintenance Towns. Cities and Village Fund 230,534.31 88.233.54 Fund 275 699.80 967.37 267.57 Redemption Fund 3,911.12 Correcting Warrant No. 7724, dated Jan. 8th 1917. Ditch Fund 280 208,970.95 138,558.86 70,412.09 Tri-County Sanatorium Fund .i. 6,442.65 Charge dto Sanatorium Fund in error 28.58 Refunding Account. 224 7,629.72 7,629.72 Judicial Ditch Fund 168,18o!26 Refundment Account 5144! 02 8$ 902 12 Total.... $4,362,130.32 $4,362^130.32 $ 471.298.91 $ 471,298.91 Cancellation of Warrant No. 22766, dated May 23 1921 •tnwrarii Total Warrants Drawn 1,021,601.56 issued twice 12.00 Outstanding Warrants., January 1st, 1921 381,287.29 FINANCIAL CONDITION OF KOOCHICHING'COUNTY, MINN, Cash on hand, December 31st, 1921 183,028.20 Total Warrants drawn 88,250.12 ON DECEMBER 31ST, 1921. Total $1,585,917.05 Total $99,109.88 ASSETS RECEIPTS AND DISBURSEMENTS OF TOWN, CITY AND VILLAGE FUNDS Taxes Levied tot Comnty Purpose*. Year 1921 Revenue Fund $ 33,573.75 T- Poor Fund 14,941.35 4 Balance to Payments to Road and Bridge Fund 67,147.59 Receipt** Credit Town City Bond and Interest Fund 14,795.09 From Tax Debit Credit of T. & Village S. R. H. Bond and Interest Fund 23,500.00 Towns Collections Bal. Refundings St V. Funds Treasurers Hal. State I^oan Fund 17,593.21 Bannock $ 846.28 $ 846.28 $ 846.28 Bear River 532.62 532.62 532.62 Total Levy 171,550.99 14.731.31 4,731.31 4,731.31 Uncollected Penalties, interests and costs 81,500.00 Big Falle 41,471.49 1 1.471.49 13.18 13.18 458.31 Cash on hand, December 31st, 1921 183,028.20 Bridgie 1,950.69 L950.69 1.950.69 IiTcntory, Comity Property Cingmars 4,566.68 4,566.68 4.566.68 Lands, Drainage ditches and highways $2,093,700 00 Cross River 1,369.56 1,351.97 17.59 1,351.97 Buildings 107 860.00 Dinner Creek 2,445.76 408.85 2.036.91 2,445.76 408.85 Equipment 25)000.00 L'entaybow 1,616.57 1,606.97 9.60 1.602.50 4.47 Supplies 3,750.00 Englewood 1,814.43 7.36 1.805.68 2.13 1,807,07 3.52 Evergreen 1,916.97 11.66 1,905.31 1.905.31 Forrest Grove1 1,116.52 i, Total Inventory $2,230,310.00 29.73 1.086.79 1,086.79 Wolf bounties due from State 429 00 Grand Falls 7s •797.78 797.78 797 Uncollected taxes, (County) 1920 and prior years. 1.252.36 Oowdy 1 209.30 43.06 1,209.30 estimate 77,500.00 Henry 1,545.34 56.30 L489.04 1,489.04 Indus 717.45 711.08 717.45 6.37 $2,744,318.19 Jameson 4,534.61 1 Total 4,534.61 4,534.61 LIABILITIES Kline 456.56 456.56 456.56 Outstanding Warrants 427 176 89 Koochiching 7,209.57 104.46 7,105.11 7.101.42 1.14 4,831 Loans from State of Minnesota 43*300 00 Lindford 886.46 886.46 886.46 Funding Bonds, (S. R. H. Warrants) ..!. 180*450 00 Manitou 421.24 420.09 1.15 421.24 Funding Bonds, (R & B. Warrants) 61*000*00 Meadow Brook 1,103.65 1,095.12 8.53 1 095.12 Funding Bonds, (Rev. Warrants) 93*878!75 Meding 3,194.82 3.078.70 1.14,05 3.080.77 2.07 Judicial Ditch Bonds 202*000*00 Murphy 1,023.31 1,017.61 5.08 1,018.23 .62 Elwell Road Bonds *260 000 00 Nett River 2,502.28 2,454.17 25.41 2,476.87 22.70 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 $2,744,318.19 Rapid River 762.11 755.28 Total 6.83 755.28 Ray '. 2,520.54 2.464.43 35.19 2,485.35 20.92 Rat Root v. 1,772.94 1.705.69 67.25 1.705.69 OUTSTANDING BONDS, DECEMBER 31ST, 192b Reedy 840.26 826.38 13.88 826.38 1,520.20 Sault 1,525.59 1,525.07 4.87 .52 Sturgeon River 801.64 801.64 801.64 Interest Dae Serially Amount Summerville 3,476.14 3,476.14 3,476.14 Rate. to Year 964.35 Watrous 965.54 966.54 2.19 State Rural Highway Bonds, Warren 2,127.26 2127.26 2,127.26 Roads Numbers 5-9-20-24 5 1933 .$260,000.00 1,345.82 Wildwood 1.349.51 3.69 1 345.82 Funding Bonds, Court House 4 ef„ 1927-28. 28.300.00 Williams I. 626.52 612.62 14.10 '612.42 Funding Bonds, Jail Bids. .. 4% 1930 15,000.00 451.80 •2? Wicker 476.57 23.13 453.44 1.64 Funding Bonds 4 & 1 9 2 4 13,878.75 1,150.48 White Birch ...» 1,161.21 10.73 1,150.48 Funding Bonds, Series "A" .. 1931 30,000.00 CITIES AND VILLAGES*— Funding Bonds. Series "B" 4%% 1932 50,000.00 2,448.10 Big Falls, Village 2,481.31 32.29 2,449.02 .92 Funding Bonds, Series 1-1-20, 147,343.44 International Falls, City 147,738.72 147.47 147,591.25 247.81 (S. R. H. Warrants) .4939 49,750.00 1,340.93 Llttlefork, Village 1,356.78 1.356.78 15.85 Funding Bonds, Series 5-1-20, 1,279.41 ^Mizpah. Village 1,384.92 88.17 1 296.75 (S. R. H. Warrants) 17.34 6 1939 49,500.00 4,211.75 Northome. Village 5.066.3$ 70.23 912.40 4453.93 12.41 Funding Bonds, Series 7-1-21, 1,465.84 Ranier, Village 1,480.09South (S. R. H. Warrants) 14.25 1,465.84 6 1940 81,200.00 2,483.14 International Falls, Village 2,549.74 21.14 2,528.60 45.46 Funding Bonds, ^eries 6-1-19 6 1930 61,000.00 $230,534.31 Totals $232^699.62 495.73 $ 2,245.90 $230,453.72 415.14 Total" ... $638,628.75 $ 495.73 Debit Balances ...' Less Aaaeta for Redemption of -Bonds— Credit Balances 415.14 Highway liens, filed against lands benefitted 6 5 0 0 0 0 0 State's share, cost of highways, costs $130 000 00- 80.59 $195,000.00 Less Correction, January 1922 7.12 $443,628.75 Net Debit Balance, January 1st, 1922 JUDCIAL DITCH BONDS 73.47 Ditches 1, 2 3, 9 .4 1932 ...$110,000.00 Ditch 4 ........ .5 I: 1933 28,000.00 VALUATIONS OF SCHOOL DISTRICTS, TAX YEAR 1K1. Ditch 5, ... 5 1933 34,000.00 Ditch 6 .5 1933 .18,000.00 Ditch 7 .5 1933.. 26,000.00 Ditch 8 .5 ....1933. 39,000.00 Ditch 10 ...: 1933 f. a 41,000.00 5 Ditch 11 .1933 36.000.00 Ditch 12 4 £$« .1935 42,000.00 U-w 5 Ditch 13 S -••.5*% 1935 114,000.00 c£ i~ 8c J- Ditch 14 180,000.00 1935........ "3 2-3 2o"* Ditch 17 ........ 1936 •J— 117,000.00 •o£ Ditch 18 ..5%9S ....1935 354,000.00 Ott 0 S Ditch 20 ........ tSft & a 5% 1935 63,000.00, *5 JS£ •S-tJ 3-1 odgt. O Tot alt all bonds ............................. 646 6(6 76 Da, CUb So H' tfV 5ai2 by taxes secured by-liens against lands 'benefitted 821,176.29 $ 81,737.00 $2,692,587.00 $2,774,324.00 -266,651.00 $3,040,976.00 pitches, these lands being taxed to an even amount of the bond issue. I 248,272.00 $3,304 247.00 •m 17,568.79 7,§40.00 70.0S7.00 51,696.00 146.578.00 «W NOTE.—Bonds forHighway* are issued to cover cost of construction, 86,882.00 10.175.00 156,753.00 I4.S67.10J '"?12,607.00 14S.251.00 164*56 00 23,670.00 which the State ofMinnesota pays one-h*lf the cost, the County 188,528.00 63.986.00 of Daring 252,514.00 14t.7W.62 852,185.00 71S.083.00 1.MM04.00 2,451,719.00 3,163,822.00 one-quarter of such costs »nd the other one-qUarter cost beinr secured 1,088,169.00 4,251 991.00 10.M6.5t 10£ 160.00 169,876.00 4.140.00 67,616.00 174,016.00 f.S31.00 180.247.00 constructs* are fl,ea »*«in«t thelandsbenefitted by such^ighway w^- Totals I* -I'M!