because at the time it was necessarily undertaken the country was still at war, with continually mounting prices and a scarcity of labor. In this connection I wish to give special credit to Mr. Henry B. Fernald and Mr. Marvin A. Riley, special assistants, for their indefatigable service and intelligent study of the problem. Some of the requests originally submitted contemplated large extensions in war work and big increases in anticipation of continued extraordinary expenses due to war. The obvious duty to eliminate or revise these, in view of changing conditions anticipated by the recent signing of the armistice, will explain in most instances the radical differences between requests and recommendations. Because of rapidly changing conditions some further revisions may be wise, and the budget is submitted to your Honorable Body with full confidence that the Appropriation Committees of the Senate and House of Assembly will give every consideration to these unusual problems. Respectfully submitted, WALTER E. EDGE, Governor. AVAILABLE FOR APPROPRIATION FOR THE FISCAL YEAR BEGINNING JULY 1, 1919, AND ENDING JUNE 30, 1920. TRENTON, N. J., January 2, 1919. Hon. Walter E. Edge, Governor: I have transmitted to you under separate cover a statement of the financial condition of the State estimated at the time of the filing of my annual report, June 30, 1918. Between June 30, 1918, and January 1, 1919, however, the receipts have been greater than could possibly have been estimated on the first-named date. Indications as of this date would warrant an estimate of receipts amounting to $9,800,000.00, which would leave the State a free balance of $3,000,000.00, or possibly $3,500,000.00, available for appropriation for the next fiscal year. Respectfully, NEWTON A. K. BUGBEE, Comptroller of the Treasury. STATE OF NEW JERSEY, OFFICE OF THE COMPTROLLER OF THE TREASURY, Honorable Walter E. Edge, Governor: Pursuant to the provisions of Section 7, Chapter 15, Laws of 1916, the State Treasurer and State Comptroller jointly transmit the following summary of the financial condition of the State in condensed form, together with an estimate of the probable sources of revenue, and the State's income available for appropriations for the fiscal year ending June 30, 1920. The fiscal year of the State was changed to begin on the first day of July, and end on the thirtieth day of June, on and after July 1, 1918, pursuant to the provisions of Chapter 144 of the Laws of 1918, therefore, the statements of receipts and disbursements are made from November 1, 1917, to June 30, 1918, a period of eight months, which constituted the fiscal year, as changed by the act referred to: The cash balance in the treasury at the close of the year amounted to $9,456,070.31, an increase over the balance at the close of the preceding year of $3,060,365.09. The increase in the balance June 30, 1918, is accounted for from the fact that the payment of Railroad Tax, 1917-1918, received during the year, is not disbursed to counties for school purposes until September 1, 1918. This payment approximates $3,000,000.00. The balance June 30, 1918, incident to State Fund, is as follows: The State Fund shows receipts over disbursements during the year amounting to $3,060,365.09, an increase in receipts of $1,329,555.76, and an increase in disbursements of $586,653.56, as compared with the preceding year. The following statement shows in condensed form the gross receipts and disbursements of the State Fund: 46 Home for Disabled Soldiers, Sailors, etc., Vineland, 8,613 43 64 Manual Training and Industrial School for Colored Youths, 7,711 63 |