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Show u o Tax Revenues Explained By Supt. Campbell Superintendent R. F. Campbell states that regular school revenues accruing to Independent School District No. 1 in the last fiscal year totaled 1112,044.81. These figures fig-ures are shown in the last audi completed for the district by Fred E. Ring. This revenue is derived from various sources as follows: State and county apportionments $53,051.47; current district taxes 329,866.56; delinquent district taxes and interest, $16,378.68; high school tuition from districts outside Preston $7,215.75; state apportionment apportion-ment to vocational education $3, 208.80; laboratory and book fees, $1,223.28; and miscellaneous $1,-100.28. $1,-100.28. It will be noted that almost one half of the revenue accuring to the district is from the state and county coun-ty apportionment. This money if provided through the provisions o! the state equalization law which first went into effect in 1933. Under Un-der that law as it now operates each district must levy a three mill tax before it may share in the equalization program. After the district levy is made a one millioi dollar appropriation from the staU is apportioned among the district: of the state on a basis of need, that is children in school compared to assessed wealth. Where the minimum of $1080.00 per year for elementary classroom unit and $1440.00 per year per high school unit is still not provided the coun. ty is required by law to make up the difference. Thus Franklin county is required to levy about six mills to provide this minimum program for the county. Last year's revenues exceeded prevous years by some $8,000.00. This difference came chiefly in the greater amount of delinquent taxes collected last year over what is customary. |