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Show r i WEEKLY REFLEX ? DAVIS NEWS JOURNAL, NORTH DAVIS LEADER, OCTOBER 29, 1981 FARMINGTON In spite of numerous construction projects, funding cuts and continued climbing enrollment, the Davis School Districts financial condition as of June 30 is significantly improved over last years, a financial report received by the board of education shows. REVENUE in the maintenance and operation fund ex- ceeded expenditures by $672,217, increasing that funds balance to $727,444, while the school food services fund held what was called an adequate balance of $1,436,800. In addition, substantial reductions in revenues brought by a federal impact aid fund drop from an anticipated $2 million to $1.5 million along with a state funding cut of three and one-hapercent, or more than $1.5 million, were lf handled through careful planning and prompt action" by the board of education, the report says. REDUCTIONS of approximately $2 million in anticipated expenditures were implemented in a manner that did not materially affect educational programs or have a staff negative impact on morale, the report, signed by Supt. Lawrence Welling and Board Roger Glines, says. The financial situation was further aided by a voted leeway giving the board authorization to levy up to three mills with state assistance on the first two mills, for mainteClerk-Treasur- schools, completion of Mueller Park Junior High and a start on Farmington Junior High. rams. IT NOTED more capital outlay projects under construction this fiscal year (1980-81- ) than any period in the history of the district, including major additions to Woods Cross and Layton high THAT CONSTRUCTION was funded primarily by a $14.5 million bond sale in 1980 and a $7.5 million 1981 sale. Some $5.5 million in bonds remained unsold as of June 30 from the current $35 million prog- 5 ). Four new elementary schools were under construc-tion-EaLayton, Knowlton, Holt and Columbia, as well as major additions to five others-CoLincoln, Stewart, West Bountiful and Clinton, during e the July 1, 30, 1981 period. nance and operation bond authorization and should be sold in the current fiscal year (1981-82- After that, another bond sale will be required. st ATTEMPTING a financial prospects forecast, the report says prospects for next year look relatively bright for three That includes the reasons. voted leeway tax revenue to offset the effects of decreasing revenue from federal impact funding. In addition, uncertainty still exists whether federal impact funds will be completely eliminated with no monies budgeted from that revenue ok, 1980-Jun- fiscal source in the 1981-8- 2 year. The report adds We feel it is a legitimate federal obligation and will continue our efforts to maintain this source Employees were instrumental in assisting the district to implement the necessary re- of revenue." IT LISTED a level of trust" with employees "that lends a high degree of stability to the district, terming board of education fairness with employee groups and employee reciprocation a key factor. Teachers Lament No one is ever too old to learn, but many people keep putting it off. Tribune, Chicago Tanner-Brunson-Picke- tt and Co. (TBP and Co.) and Financial Planning Consultants, Inc. (FPCI) invite you to attend an informative and timely seminar entitled Using Tax Dollars for Financial Growth, on Oct. 29 at 7:30 in the Layton High School. THIS SEMINAR will be presented in two segments: one an explanation of the newly enacted Economic Recovery Tax Act of 1981; and two How the provisions of the tax act can be applied to provide tax dollars for investment and financial growth. Addressing the details of the tax act are: James W. Anderson, TBP and Co. officer. His speciality is taxation, including corporate and personal income tax planning and estate planning. He is a member (of the American Institute of CPAs and the Utah Associa Salary negotiations for next year were successfully completed, primarily because teachers and classified groups recognized the tight money situation and accepted heavier work loads, while other districts experienced extreme Logistics Engineers Elect Officer Slate -- Seminar: Tax Dollars For Growth The firms of ductions. Dr. Robert Stein, district director, for the Society of tion of CPAs. WARREN S. Anderson, Logistics Enginneers (SOLE) installed the officers for the Ogden chapter for their 1981-8- 2 term. They are: Michael A. Ogg, chairman; vice chairman, operations, Evelyn Wi- who heads the tax department of TBP and Co. will be responsible for those areas involving federal and state income, estate, property, gift and payroll taxes. He has served as president of the Utah Association of CPAs. The second segment of the seminar, "Application of the Tax Act, will be presented by representatives of the FPCI. llis, Layton; vice chairman, technical, Doug Green, Layton; vice chairman, programs, Don Jones; secretary, Linda Fundaburk, Layton and treasurer, Ethel Adams, also 2mi Winner of a bicycle thanks to hisr winn efforts for the Davis ning Chapter, Association of Retarded Citizens, was Shane Griffin, 11, of Kays-villwith Mary Ann Howes, ARC president and Robert Bush, Bike Rack shop owner, who donated the bike. BICYCLE WINNER LAYTON Pedro The Sailor members and outstanding programs for the previous year. Aldie H. Pike, Jr., Helen M. Reeves, and Linda Fundaburk also received scholarship awards. e, Thursday 7 Legion: Military Memoribillia WEEKS FEATURE THE ANNUAL chapter award was presented to the Ogden chapter at the 16th annual international symposium. The award recognizes excellence in recruiting new bike-a-tho- yw.v.w.'.v.'.'.w.v.'. s-T-HIS of Layton. 111 Come in and enjoy our specialty of the week. IT GOES on to say that prospects for future funding remain unsettled," noting possibilities for federal, state and local revenue reductions. But improved budgetary controls place the district "in a better position to cope w ith budgetary changes." the report notes. The financial audit was completed by Arthur Young and Co. of Salt Lake City, tb Layton Post $4,75 87 of the American Legion will We Row out to tea and bring back 2 tucculent Shrimp, lightly breaded and deep fried, ready to take a plunge in our apecial ahrimp aauce. Then we bed them down on crisp lettuce and flank them with 1 Cheese Enchilada and 1 Beef Taco plus Spanish Rice or Beans Red Sky at Morning memoribillia at the new be hosting a display of military Layton museum from Nov. through the 15th. 1 THE AMERICAN Legion is asking that any local resident All the post home, items will be receipted and returned to their owner at the close of the display. We would like to have items from all of the wars if possible. Last year we saw the rebirth of an American Legion Post in 376-903- IPoCVU- - in Layton City Chambers A Public Involvement Program Layton. We are looking for potential members who are eligible to join this veterans organization. Visit the post home, 128 So. Main St. We stand ready to assist any veteran or veterans family in the local area. Sponsored by the Layton Chamber of Commerce having memoribillia they would like to display, to call Come help us celebrate the Kaysville GRAMB Amy and Brad Jones of Ogden spent a few days with their grandparents, Mr. and Mrs. Lane Jones. Mr. and Mrs. Merlin Andrus and family attended the funeral of his mother, Mrs. Alta F. Aylett in Draper Monday. The Kaysville Crestwood LDS Young Womens Chorus, consisting of 50 girls, directed by Leann Lowder and accompanied by Lynn Berrett.will perform at LDS Stake Leadership meeting Oct. 29 at the stake center. Now of the new Arbys in Layton is the time to have that Family Portrait that has been put off for so long. Get the kids and family together and make an appointment STUDIO between Oct. 22 and The Stone Family IVov. 30 to guarantee that the portraits will be available for Christmas. Layton wont need to worry is about duplicates or ever having to exchange them for a smaller size!! It a and really shows you care! gift that really says I LOVE YOU A portrait is really the only gift that is so personal, you This year we have two established packages on special36.95 two 8x10 Package No. 1 One 11x14 and '22.95 4x5 Package No. 2 One 8x10 and four our 8x10 units from $16.93 down to a low of S9.93. from After 4 units, they drop to $6.93. You make up your own package We also have reduced these units, so that way you get what you need!! tell us that vou would like us to Because Christmas is a time of giving . those who arc i not always as donate $3.33 to the UNITED WAY to help also (Thank you tor fortunate as us. Help them to have a merry Christmas . those who mmm - mmmm Shop early t the Credit tnimi in Lax Christmas shopping done hi one small trip!! . . its great Vicki Love Friday-Saturda- y SERVING BREAKFAST DAILY Come see KRGO Radio DJs live from the Layton Arbs at 2030 N. Main, Friday, Oct. 30, front 7 p.m. and Sat. Oct; 31 from 10-- 1 p.m.! 4-- Cannonball and Harvey Sat. from tun as one of our customers said: 7 A.M. 7 A.M. Sunday-Thursda- y from Hotel Balderdash will appear 376-161- 6 Call now to schedule your appointment Studio located at 192 N. Fort Lane nexl NOW OPEN all my Layton P.M.! Autograph Party! Lots ofPrizes! 1-- 2 c |