The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1894-03-09
ANNUAL SCHOOL MEETING,
Finances in Good Conditional
Iwo-Mill Tax Voted for
Next Year.

meeting were read and approved
after which Chairman f. M. John
son, in pursuance of a resolution
passed at the last annual meeting
made report on the boards inves
LEGATIONS of the books and ta1
rolls, which shows that the two
Corvallis districts were united il
September, 1887. In December
1888, there was voted an 81 mil
tax to aid in buying grounds anG
building a new schoolhouse. From
this levy about $4,000 was raised
In 1890 two-mill tax was levied
for the purpose of paying interest
on the bonded indebtedness. The
valuation of the taxable property
in the district that year was $685..
4S6, and the amount collected was
$1,37S.97. In 1891 there was lev,
led a five mill tax, two mills being
for interest on ! onds and. three
mills for the maintenance of free
schools in the district. The valua-
ton for this year was $749,51O
and the amount collected $3,697.-
55. A seven-mill tax was levied
in 1892, two mills being to pay
interest on bonds, two mills to be
applied on payment of amount due
Hamilton, Job & Co., and tn ee
mills Tor the maintenance OF
schools. This year the valuation
was $77O,273 and the amount col
lected $4,635.47. For the year
1898 there was voted and levied
three mills, one to pay interest on
bonds, one to pay Indebtedness to
Hamilton, Job & Co., and one mill
to aid in maintaining the school.
No part of this levy has been col
lected, having only been spread
upon the tax roll within the past
few days. The valuation for 1898,
is $1,O47,OOO. $3.971.45 has been
received from the above levies for
Interest on bonded Indebtedness
and $3.50 paid @aut ansnalg fer.
that purpose during the past four
years, leaving balance in this
fund of $131.45. Total amount
received fJr floating indebtedness,
$1,334.65. This amount the clerk
has overpaid in the sum of $235.45.
Total amount received from levies
for the maintenance of free
schools in the district, 81, 1888,
which amount has been disbursed
in full. The bonded Indebtedness
amounts to $4,000, while property
of the district is insured for ST.
900. This will expire in August,
1895. The board took pleasure III
making the announcement that it
would not be necessary to vote
any tax to aid in maintaining the
school during the coming year.
This proved an agreeable surprise,
as it was the first time since the
district was organized that the tax
payers have not been called upon
to vote a special tax to aid in
maintaining the school. The re-
port further showed that of the
eight teachers employed all are
residents of Oregon, with but al
single exception. Each one has
had several years. experience and
are all graduates of colleges or
normal schools, with diplomas or
certificates from the state of Ore
gon. The floating Indebtedness of
the district is about $1,000. This
will be entirely paid from the tax
to be collected this year, together
with the one mill voted for that
purpose at the last meeting. |
Affairs of the district appear to
have been very economically ad-
mlnistered during the past year,
which, together with the excellent
of the school, reflects
credit upon the board having the
same in charge.
Owing to the resignation of E.
W. aadley as a member of the
board it became necessary to elect
,wo directors instead of one as is
usual. The names of j. d. John
son. w. E. Yates, F. M. Johnson,
and Mrs. J. M Bloss were placed
before the meeting, resulting in
he election of the first two by
good majorities. Considerable feel
ng had been worked up against
2. M. johnson for having been
instrumental in employing teach
sr who was a non resident of the
state. The small vote given him
vas probably intended more as a
.ebuff for this rather than a desire
% show that his services had been
lnappreciated. The selection of
Messrs. johnson and Yates for this
work was wise one.
Better material would be difficult
% find and their election assures
l capable, efficient, and economi-
,al management Of the school
affairs of Corvallis for the next
,wo years at least. j. L. Under
wood was elected clerk by goodl