The policy of the Commission of giving needed assistance to the provinces in various ways-by loans, refunds of internal revenue and forestry collections, and by appropriations outright-was continued during the fiscal year 1903.

INSULAR LOANS TO PROVINCES.

Loans of insular funds to provinces were made during the fiscal year 1903 as follows:

During the fiscal year 1903 the insular government received repayments of loans to provinces as follows:

On June 30, 1903, there were due from provinces the following unpaid balances for loans made by the insular government:

STATEMENT OF FORESTRY TAX SETTLEMENTS, FISCAL YEAR 1903.

Since July, 1902, no revenue has actually accrued to the insular government on account of forestry receipts, the net collections, after deducting pro rata the cost of conducting the service, being ceded to the province in which the timber was cut.

It should be noted that forestry taxes may be paid in the city of Manila or any province for the benefit of the province in which the timber was cut. Under the general subject of insular revenues appears a statement of the forestry collections by the provinces in which the same were actually paid.

The following table shows the total collections under the forestry laws for timber cut in each province, the expense of the forestry bureau as prorated, the amount of refund to the province during the fiscal year, and the amount refundable June 30, 1903:

REFUNDS OF FORESTRY TAXES.

During the fiscal year 1903 settlements were made involving refunds to provinces, as authorized by Act No. 580, of forestry taxes collected to June 30, 1902, as follows:

During the fiscal year 1903 settlements were made involving refunds to provinces, as authorized by Acts 163 and 311, of internal-revenue collections prior to June 30, 1902, as follows:

Following will be found statements of the general accounts of the various provincial treasurers arranged by provinces in alphabetical order. These statements show the collections from all sources made in each province and in the municipalities during the fiscal year by the provincial treasurer or his deputies, the refunds from the insular treasury of internal revenue and forestry collections under existing law, and all loans from the insular treasury. Disbursements for provincial purposes are likewise shown, together with all payments to municipalities, the balance due from each treasurer to the municipalities of his province as a whole, and the balance due each province June 30. The municipalities receive one-half of certain revenues collected, and municipal treasurers have no accountability to this office.

Each balance due a province is analyzed to show the amount represented by unsettled differences of the treasurer and late treasurers, and the amount of the actual cash balance with which the treasurer is chargeable at the close of the fiscal year.

THE PROVINCE OF ABRA.

[Organized August 19, 1901. Office of treasurer consolidated with that of supervisor by Act 629, February 10, 1903.]

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