The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-10-11
THE SCHOOL DEBTS.
Director Kings New Plan to
Paw Current Expenses.
DIVIDE REVENUE INTO FUNDS.
How 60 stop Running Into Dsbs-Prires
for Pest-InteiIigeneer Day Essays
The Coming Eieetton-

0Q3F1 k24t 4lEst 2ArssA0a VI %10
tax levy for isss was discussed with con-
siderable warmth, but eventually allowed
20 go over unsil tia next meeting.
Director King brought the matter to .
head by saving that he believed the school
board should come down to the basis of
sransacting business within its income.
He wanted 10 see matters on q solid basis
and the best nay 10 attain that end Vas
by funding the floating debt He essi-
mated the expenses of the district for the
coming year IS SD. $40, divided into saol.-
900 for general expenses and <f9. $40 for in
terest. The floating debt wss S270.ooU.
In the ps.t warrants had been drawn as
they were wanted and without regard 10
the revenue. The result was that
the districs went further into
debt each rear. Now. the man
who holds the warrants at the top
Of the list gets his money out of the next
tar levy, and none Of IL goes to pay the
expenses incurred during the year for
which il was levied. Under such state
of affairs. how long would il take the
dis,ric, to pay its debts at the interest now
running with levy of 8 mills on the
dollar?
w. H. White, attorney for the board.
said the district ought to pay its debts by
q levy. as the people would not allow the
board to fund the debt
Mr.. King said they would If they under
stood the question He then introduced
the following resolution:
THAT the secretary of this board be
instructed 20 open and keep the following
general accounts: General expense fund.
building and grounds fund. interest fund,
sinking fund.
THAT all the expenses of said district
be charged TO some one of these funds, as
hereinafter set forth, and that all warrants
drawn hy order of this board shall indi-
cate on their face out Of which one OF these
several funds they are payable.
ssThat the expenses to be charged to and
paid out of these several funds are as fol-
lows. :.
.sOut of the general expense fund all
charges for the support, maintenance aud
running of the schools In the district, in
Guiding all charges for salaries. supplies
and repairs 10 buildings and grounds. and
interest on warrants.
.'Out of the building and grounds fund
nll charges for the purchase of school sites
and the erection Of school building. either
In wnole or in part.
.Out OF the interest fund the payment
of interest on ali bonds issued for school
.'6ut of the sinking fund the creation of
a sinking fund for the payment OF the in
debtedness OF the district as provided by
Law.
.sThat this resolution shall take effect
from and after tho LIST day of January.
1896"
Mr.. Spencer thought the question OF the
levy. carrying with it the resolution, was
too important TO be settled hastily, so
action was deferred until the next meeting.
A resolution was adopted instructing
the secretary that be Is not to draw any
warrant excep, on q recorded affirmative
vote of majority OF all members OF the
board, as provided by law. Mr.. King and
Attorney White agreed that bills could 90
acted upon only in meeting, and that to
draw warrant without an Affirmative
vote of the board was illegal.
The matter of selecting judges and
clerks to act at the coming election, No
vember 8, of school director to succeed A.
2. Burweil, was postponed, but the follow
ing locations were selected for voting
booths:
b. f. Day school. Fremont: Latona
school, Latona; Mercer school, Queen
Anne hill; Denny school. North Seattle,
Cascade school. Lake Union; Columbia
school, east of Broadway: Rainier school,
between Taylor and Market streets;
Twelfth and Jackson streets; Pike and
Seventh streets, McComb's building; Third
street and Yesler avenue: RiAlto building,
Second and Madison streets.
The secretary was empowered to pur-
chase 100 wands for use in the schools.
100 desks at 1915 each, and one dozen
small round clocks.
It was decided TO put new glasses in the
cases used at the Worlds fair, and use
them In the schools for curio cabinets.
The secretary vas instructed to have
needed repairs done to doors in the Rain
fer and Latona school buildings. to keep
out the ram.
The contract for the construction OF
two-room school building in the Denny
Thurman addition. was let TO Flynn Il
Roekmark for si.57L
The secretary was authorized to mott fy
the Posr-ISuELLIGEScEg that ats PROPOSE
ton concerning prizes for descriptions OF
incidents etc. at the Interstate fair on
observation-disclosures day was accepted, and
that the matter had been referred TO
Superintendent Barnard with instructions
to act
The matter of erecting monument TO
the memory OF Miss Amanda ]. Hide
brandt was referred to the committee On
education.
A letter from Mrs. N. A. Gardner about
admitting Ray Putnam, her brother. to
the public schools, WAS referred to super
intsndent Barnard for invests CATION.
The matter Of compromising the suit OF
Byrne 4 England against the school dis
III CIr ID 1, IsAn III. A IA ECO