The Farmington times and herald. (Farmington, St. Francois Co., Mo.) 1902-1905, 1902-10-16
A CLEAR STATEMENT.
Of How the State Aids
our Public Schools
And Makes Corporations
Contribute To their
Support.

About ouc.fuurth Of the money
spent for teachers salaries now
comes from the State treasury.
Every taxpayer IN the State pays
ljc on the 500 Tor State revenue
purposes, one third Of which he
comes a part uf the State ~rhoul
money
Every taxpayer pays lOr on the
&iuO into the State interest aud
sinking fund. Il takes about q
of this a. pay tht interest on the
"Srhool Certificates - The other
81 is used in paving the interest on
the outstanding bonds of The State
aud Ia rrduriug the bonds This
Sc viii not be- needed for that pur.
pose after this year, hccnusr all
the bonds Of the State except the
school certificates will be paid
Should the proposed amendment
h. adopted the Sc levy will cease
and the total State levy will be- lie
instead at De ~ az present, Ten
cents of this will be- used 10 sup
port the State government, mclud-
ing al of it, State aud elrrmosy
mary institutions The other g.
will b" Hpporii0nrd from the State
treasury for teachers salaries ms Mt
present
4 large part of the State revenue
comes from taxes oU corporations,
licenses and other privileges, hence
nearly every district IN the State
gets more school money than It
pays INTO the TREASURY Any de
crease iu the amount apporlluurd
means that the district must get
along with less or u must be- made
mp IN local taxation, thus letting
corporations escape part of the
school taxes
II you want 10 know what part
corporations contribute 10 yOur
district ou account Of State levy,
find what 1c on the 500 assessed
ya!aa.:va amounts IL, whlril IL tine
amount Your district pays into the
State treasury for school purposes
Then multiply 81 - by the cnumc.
ration Of the district. which gives
the amount received from the State
treasury.
TIL average district has $50
90 ASSESSED valuation aud enumr
rates GO children. II pays $2l in
TO the State treasury for school
purposes aud draws State moneys
tn the amount Of so.
The city nf DE SOto has about
one million assessed valuation aud
Two thousand children. She pays
800 State school tax aud draws
5000 for teachers salaries.
Brookfeld has 81 200. 600 as
sessed valuation aud cuumernieS L.
SEQ children. She pays 1910 in aud
draws $500 ont.
Springfield has eight million rs
sessed valuation and enumerats
1900 children, She pays $500 IN
and draws $4,000 out.
fancy county has about 81. 200.
600 assessed valuation and $500
children enumerated. She pans
$40 and draws out 1920.
Is there any better proof that
the present investment OF school
funds is wise aud that Missouri
taxes corporations aud other pub
lic privilegesf
Should the amendment be not
adopted, the present State tax rate
Of DE will continue for about five
years until the certificates Of iu-
debteduess have been fully paid
II will then he reduced TO ljc. 1t
would take just twenty years more
to save the excess paid in by not
reducing 10 lie at once.
THIS sc levy, tue ututreu1 be-
tween the present DE levy and the
lie levy, will be collected
from the people aud INVESTED in u.
J. bonds bearing a low rate of In
Ierest for which premium must |
be paid. reducing the amount TO be |
about iSc per child !
per annum; reduction for the |
average district 1850; for DE !
Soto. $500: for Breokiisld, $2T0; I
'or Springfield. $3.50; Tor Taney
county, $500. t. replace this
here must be from 2cio Go increase
n the local levy. Why not save
he 81 and roniiine the &c aud let
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