Show two questions paramount ID connection with school bond what will it cost taxpayers and how will it affect children special to the times when considering the bond election january 29 two questions arise first how much will this bond issue cost me a taxpayer second how will the children of iron county be affected by the closing of 0 schools concerning the question what will it cost the average taxpayer to float a 4 00 00 bond according to a survey made ol of the tax rolls on property assessed in paro wan city it will cost less than 1 I 1 10 per taxpayer per year for fou ou years it would cost this amount it we assume that the entire attio amount will wil have to be met by future tax aaion that will not by be the case because the board of 0 education has a assets sets to cover the entire amount with about seven thousand dollars to the good this asset cou sistr ol of money tied up at the present time lime in the bauks banks and in delinquent taxis the following table shows the of the survey refe referred ried to a bove the survey classified property owners into groups whose city pit pin perty is assessed at from 1000 to ti those front from 50 to aloo front from to and these KI property pio perty iq 11 assessed over f the levy of one and one quarter mills said to be tile the amount necessary to handle the cost per year Is used to determine the cos to respective groups per year on oil this basis there are 14 people lit in nall and and 22 peo pip clr lit in parowan carowan who would pay 3 AC yearly 8 people lit in paragonah Para gonah and lb people lit in parowan carowan who aho would pay yearly 41 44 people in paragonah Para gonah nall and people in fla carowan parowan rowan who would pay yearly 39 people in paragonah Para gonah and 23 people in parowan carowan who ho would pay yearly the total cost coat to tile the entire county for one year would be on plus fees and interest you may ask who will mill pay this cost at the outset corporations and utilities boull pay one third the cost and then lit in parowan Ia rowan valley alone there are taxpayers who reside elsewhere than here in this state in nearly every state lit in the union slid and in 1 foreign countries these people aou would id contribute substantially to the cost As to the second question how would the closing ot of schools attert affect the children of iron Cou county ritY consider the thirty people who okho contemplate graduation from the high school this year it if school should close these people would be held out of industry tor for one extra year statistics I 1 allow abow that the average income of those gainfully employed in the U S is more inore than it we lie ay iy tile average possible income of these there people Is por per year it would cost tills this group alon qI I or more than twice as much as bonding would cost all of the resident taxpayers of iron county for one year it if schools should close there would be nearly ell child ren l rn in tills this county who would be held out of industry for an extra year I 1 such stich cost to the boys and girls hire here is too great to justify the doling closing of schools schoola except as a last resort PT |