Show notice TUB CROWDED CONDITION OP OUR SCHOOL HAS ZUS MADE IT imperative THAT D DIE DrAMM STEPS BE ae TAKEN TO PROVIDE NECESSARY ROOM POR FOR OUK CHILDREN the proba has haa been Toen under careful consideration by the board of education tor for tho the past two years during this time it baa has been ully tally demonstrated that it la Is false economy to bouse house our children in make shift buildings in the judgment of the board it la Is true economy to build per manent buildings and that any attempt to patch up and add to old buildings would be more expensive as an well as detrimental to the welfare of the children the proposed bond of will be used for school buildings at tridell aridell Tr idell ouray valley and a county high school also additions at the lapoint and fort duchesne Ducho sno school buildings together with necessary equipment for other schools of 0 the uintah school district I 1 FINANCIAL STATEMENT SINCE consolidation 16 inherited from old debt in bonds 4 inherited from old debt in notes in march 1917 we floated a fiend ra i nd of in august 1920 we floated a bond of 00 in 1920 we had a floating indebtedness of less paid on old debth tJ deb 15 00 1916 1016 paid on bonds 1919 paid on bonds 1 1920 paid on bonds 1921 22 paid on bonds 1923 paid on bonds f 17 1922 floating debt paid z A sinking staking iund fund on hand net outstanding indebtedness the proposed bond calls for gec 5 interest and the law requires a 2 4 sinking fund to be be set aside each year this means a cost of per arear earon on every assessed valuation 1 1 11 respectfully submitted by the BOARD OP OF EDUCATION |