. Appendix to the Journals of the Senate and Assembly of the ... session of the Legislature of the State of California . o. Litioatiou tied up action forseveral vears. There have been sold of this issue bonds to the amountof $853,000. VETERANS WELFARE BONDS These bonds were authorized under an act of 1921. in the sum of$10,000,000, of which $4,000,000 were sold during the seventy-tifthfiscal vear and the balance sold as follows: During the seventy-sixthfiscal year $4,000,000. during the seventy-seventh fiscal year $2,000,000. A further issue was authorized under an act of 1925, in the sum of$2
. Appendix to the Journals of the Senate and Assembly of the ... session of the Legislature of the State of California . o. Litioatiou tied up action forseveral vears. There have been sold of this issue bonds to the amountof $853,000. VETERANS WELFARE BONDS These bonds were authorized under an act of 1921. in the sum of$10,000,000, of which $4,000,000 were sold during the seventy-tifthfiscal vear and the balance sold as follows: During the seventy-sixthfiscal year $4,000,000. during the seventy-seventh fiscal year $2,000,000. A further issue was authorized under an act of 1925, in the sum of$20,000,000, out of which there have been sold up to June 30, 1928,$16,000,000, and $4,000,000 which will be sold on October 4, 1928. The interest on these bonds is to be paid out of the general fund,likewise the redemption of bonds. These payments, however, will bereimbursed by the Veterans Welfare Board to the general fund whenfunds are available. I Avish to express my appreciation for the courteous cooperation ofthe various officers and departments in contact with the personnel ofmv office. Respectfully 12 REPORT OF THE STATE TREASURER Summary of Cash in Vault of Treasury and in Banks to the Creditof the State, June 30, 1928 Cash in vault and counter $14,955 97 Exchange 161,543 04 Total cash and exchancre $176,499 01 Cash in banks : Inactive accounts $55,513,900 00 Active accounts ,325 23 Total cash in banks to credit of state ,225 23 June 30. 1928. balance to credit of the state__ $62,439,724 24 Condensed Summary of Receipts and Disbursements During the Period Seventy-eighth and Seventy-ninth Fiscal Years Ending June 30, 1927 and 1928 Seventy-eighth Fiscal YearCASH RECEIPTS Julv 1, 1926, cash balance in treasurv $42,684,845 98 Cash receipts $113,203,050 42 Sale of bonds 6,939,396 20 Total cash receipts, all sources $120,142,446 62 Total transfer receipts- 46 Combined cash and transfers 165,964,546 08 Total receipts and balance $208,649,392 06
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