| Show j Capital CapitI Outlay in Schools Told Since the end ed of World War n. n South Summit School District h has a spent a total of for II capital outlay Last year 1958 59 59 tho the district spent for capital outlay purposes North Summit School District has spent a total of for capital capital outlay Last year 1958 59 the district spent t for tor capital outlay purposes Th These se facts were wertS reported b by Utah Foundation in their 1960 edition of the Statistical Abstract of Government in Utah This 65 page reference publication Is a compilation of the wanted most and frequently most used data pertaining to the government and the economy of ot Utah The Foundations Foundation's A Abstract b 8 t I a 0 t shows that all forty Utah school districts spent a total ot of 1181 between 95 and 1939 for capital outlay purposes During the 1958 59 1953 9 school year fear capital outlay expenditures in Utah amounted amount d to In order to finance this huge hUle capital outlay program many dis districts raised part of ot the needed funds through the pale gale of ot bonds The Foundation publication shows that the total net indebtedness after litter allowing for tor sinking funds of ot all alt forty school districts at atthe atthe atthe the end of ot the 1958 1958 59 59 school year was The report reveals Teye that South f Summit School District had a net let I I outstanding indebtedness of ot 81 at t the close of ot the 69 1953 school year fear North Summit S School hool District hud had ud no DO oll outstanding Indebtedness |