Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1902-07-24

The Board Of Education must prac-
tice economy during the current fiscal
year, or it viii not be able TO meet its
obligations. This is the opinion Of
several of tho members Of that body
who have given some thought to its
finances. President Shortlidge and sew
eraI other members have sounded
warning note on several occasions, and
IL liz believed that some of the members
have been doing what they could to
keep the expenses down, although, ap-
parently, there has bcen out little
change in the general result when all
Of the bills we're footed up at the end
of each month.
For the year ended June 30t b last
there was a deficit of &c, s9i.T5. Dur
ing the year the board paid an over
draft of s., 998. IS, which was left at
the end of the preceding year, the over
draft Of the year Just closed being
1900. 81 greater than that paid for the
preceding year, which difference would
have been the excess of expenses over
receipts had there been no deficit at
the beginning Of the year.
While the receipts during the year
ended June Goth, 1901, were s40O, PAP. II
they included various extraordinary
items, such as 5153, 1872. II from the sale
of certificates Of indebtedness on ac-
count Of tile new High School and
other loans to pay off the immediate
High School debt amounting to s34, :
572 Fl, the total amount of the extra
receipts being Sl87, 904 SO. Deducting
this from the grand total, the regular
receipts footed up 52l2, 337. 10, which
| is $25, sos. 80 less than the receipts OF
last year, which amounted to 1921,
| 1888. 81. This includes the deficits. Leav-
| ing this item out the showing is az
follows: Receipts during the year 1900
| 81, s349, 248. 20; receipts last year,
S231, 038. S.; extra receipts for 10000,
to be deducted, s187, 904. 80; balance,
s206, 343 81, which is the actual amount
of the receipts; excess of receipts last
year over those of the preceding year.
e24, GAGS.
Tho total expenses during the yeal
ended June Both, 1901, including $50,
| 756. 25 on the new building account,
q miscellaneous account of $40, 1913. IL,
furniture bill of s21, $40. Sc and heat
ing apparatus costing s3T, 116. So,
amounted to 1886, 90. S. 1t will b.
| noticed that there were some abnorma
items of expense, which were chiefly
on account OF bno new f1sgn CCnOOi,
ana which corresponded with the abnor
NAL receipts mentioned above. The ex
penss5 Of that year exceeded those o
last year by s4S5, 116 q.
The board will receive 81, SIG. 50 NOR
from City Council this year than it re
ceived last year, being allowed an ad
ditional per cent on the general ex
pense fund each year, which will brinl
its allowance up to $3.50, 47S.37. Thi
total receipts have been estimated a
s226, 28S. Il and the estimated ex
penditures also foot up that amount
| IL the expenses do not exceec
this estimate it is likely that tn
existing deficit can be cleared up dur
ing the year, and there is a possibility
of small balance on the goth of neg
June, as the board is likely to deriv,
some revenue from other sources.
These calculations are based upoI
conditions as the existed in the past
but some Of the members of the boart
fear that they will have to pay highe
prices for coal next year than in tn
past, and for that reason alone it il
absolutely necessary to save all of tn
money that can be saved.