FINANCING THE CAPITAL REQUIREMENTS 267
fore comparable to the amounts shown in Table 83 for all
other purposes for 1923 and later years. In 1928 the per
capita capital expenditures for purposes other than highways
were only one half as large as in 1913. In no year later than
1923 were the per capita capital expenditures of the state for
purposes other than highways so large as in 1918. This
comparison is particularly significant since 1918 was a year
in which the capital outlays of many state governments were
very low. At that time construction by governmental
agencies other than for war purposes was at a low level.
The data thus far analyzed indicate that there is ample
reason why a large part of the capital needs of the state at
the present time might be regarded as an accumulated de-
ficiency. For the five-year period, 1924 through 1928, the
outlays for purposes other than highways amounted to
considerably less than $1 million per year, and the per capita
average was only $0.22. The following statement in the
report of the State Survey Commission indicates that a
considerable part of the total expenditures recommended
may well be regarded as an accumulated deficiency: “The
amounts shown for ‘capital outlays’ and ‘extraordinary
repairs’ cover only the barest present needs, a sufficient
amount to take care of estimated increases in inmates and
enrollment, and proper maintenance during a ten-year
period.” The portion of the estimated expenditures that
would be applied to maintenance of buildings rather than
+0 construction is small as compared with the amounts for
capital outlays.
ProposeEDp Prax ror Financing Capital REQUIREMENTS
Although the statement in the report of the State Survey
Commission that has just been cited indicates that a con-
siderable portion of the amount needed would be used in
covering “the barest present needs” of the state, a later
section of the report recommended that the financing be
spread over a period of twelve years? since “there are no
: Report of the State Survey Commission, 1929, p. 134.
2 The expenditure plan would not be operative until the taxes levied to support
the plan had been in effect one year.
