| Show A SCHOOL STATEMENT Declares That it i Has Been seen Misrepresented r by the Commercial Club in r f Its Is Finances Finance I The e board of or education has ha Issued the chewIng comparative statement In lit 11 It claims that It I has haa his been ben nih ml In the report of at the tho Com Commercial mercial club In the matter mater of oC Its Is by b Commer Shown Shawn cial 1111 Club Chub by b Committee Records On hand July I 1 12 Tax sale sales r 6 school hol tAX Slate schol school tax State land fund Cund OoOO ks sol sold 1 1821 Int rest Telephone refund Old sold lOur City school c 1001 tax 1814 Totals Overestimate of Commercial club committee by Commer Cammer Shown Club Climb by b Committee Teachers Janitors salaries w I Janitor supplies 2000 lol Ind and lights 1000 and expense 1800 I Furniture 1705 Totals Underestimate of oC Commercial club committee It I appears that the board of oC edit edu action will wi have a n surplus of oC J I cush cash on hand luand at a t the end of or the lie present i school year Your committee Is la theta thole fore Core at nt a n loss to 10 understand why iriS extension of ot the tax limit Is urged Commercial club committee WILLIAM NELSON Chairman It Will bo tie noted however from th above tables that the tho Commercial club eluh committee has made an nn overestimate of In 11 receipts and nn on under underestimate underestimate estimate of ot In the a n total discrepancy of ot rte nl actual receipts are nod and the tIme expenditures This will tIU wt l produce A n deficit of or An Aim Al In Indebtedness of or to be bl paid from the tho maintenance fund tunc J Increase the thereal thereal real ell ut at lt the tho close co of or the lie school year yur to A G President noll Board of ot Education |
