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Show I' """" " ' jiool Board Places O. K. )n Budget Of $420,150 J For Coming Fiscal Year . A budget of $420,150 for operation of the Alpine district Is during 1939-40 was approved by the board of educa-Sllowing educa-Sllowing a public hearing on the proposed budget Mon-aht Mon-aht in the district offices here. r.p udget, as finally approved by trd, is approximately $29,000 Man the total expended by "Vict during the past fiscal Actual expenditures for the ar were $449,419.55, being jartly because of an exten- , A program of repairs, im- 'nts and replacements, which p.ontemplated this year. milding additions and im- (Vnts for the year are limited J:he fact that the board of n has just completed a three -J A. building program which I for building and comple- ' , six rooms at Lehi high t;m industrial arts building at n Fork high school, recrea- Cjm at Pleasant Grove Central J'lnd a four-room unit addi- jincoln high school. Of this approximately $80,000, the government provided 45, po. The district's portion, tiately $50,000, will be paid iree years commencing July ame necessary to budget "-;o pay the first installment program at this time. A K.iunt will be budgeted in each allowing two years. An un-j.arge un-j.arge amount of bonds, $35,-HJhe $35,-HJhe 5 bonds, is also to be inder this budget, thus an-g an-g a bonded indebtedness re-jjjfrom re-jjjfrom $294,000 to $259,000 dur-coming dur-coming year. This item nil reduce interest payments year. This, together with necessary to finance bonds J notes, provides a debt ser-l ser-l of $68,065. This item, with 0. 1 be paid on school buses "he year, accounts for a total rice item of $72,985. -ioted that the general con-he con-he same as for previous ""nstruction is raised to $231- Increase over the previous (the amount of $11,625. Be-increased Be-increased enrollment, added its due teachers by reason of salary schedule, and a text-iption, text-iption, together with a rath-sive rath-sive summer continuation It education program that is i entirely by the state office st be budgeted in this ac-i ac-i order for the teachers to -heir pay, the- instruction s been increased. No other ial amounts of increase ap-the ap-the budget for the coming items of revenue during the Vtfear will be $133,000 from e district school fund; and Lfrom Utah county taxes, less W'd tax losses of $18,550, or a -iunt of $161,500. The tax figure is based on a levy of jrls, with an 89.70 collection. nj: represents an increase over M :, when 12.50 mills was the he ' ard has $20,852.44 cash on ". begin the new fiscal year. ,al increase in the school "Provides a little over $4000 ; 2' previous year from the duf-trict school fund. The dis-suffer dis-suffer a loss of revenue in js and redemptions of ap-gely ap-gely $13,000 over the previous Equalization fund, which is the state with exception of .:e, Ogden and Granite dis-Jnlll dis-Jnlll be well maintained over i years. A new source in the 1. Jthe uniform school fund is 1 to provide $11,500 of new L next year. This with a net it of $161,500 to be received ipah county taxes, based on Lt'iollection, the same as the Jfj.l closing, together with mis-is mis-is revenue is expected to )2, !unds for the school dis- , of the budget approved for follows: Budget 1939-1940 eaf: Control $ 11,850.00 uj;;on and Activities 231,065.00 1 ' Agencies 19,750.00 i''n of School Plant 31,450.00 nce o f School -p & Capital Outlay 27,000.00 It targes & Health.... 7,500.00 1 pice 72,985.00 V Tax Losses 18,550.00 .-, ,..$420,150.00 5CoC Receipts 1939-1940 Hand ..$ 20,852.44 Sbusldy 2,700.00 ii j strict School Fund 133,000.00 ' vf nty Taxes 13.85 180,050.00 Utah County Tax Sales and Redemptions 17,000.00 Interest 200.00 Rentals 500.00 Adult Education 240.00 Forest Reserve Fund 250.00 Equalization Fund 42.500.00 State High School Fund ... 3,350.00 Fines and Breakages 550.00 Public Works Administra-" tion Grant '.V..:.:.. '' 7,600.00 Uniform School Fund 11,500.00 Cash on Hand (Deduct).... 142.44 TOTAL :......::.$420,156.00 |
