The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1914-07-18
BOARD LOWERS TAX
FOR SCHOOL FUNDS
IN BUDGET OF 1915
Decrease Rate From Ninety
one to Ninety Cents and
Raises Salaries of Teaching
Corps.

A decrease in the school tax this
year with the promise of probable
decrease again next year, Is announc-
ed today by the school board follow
ing a meeting last night.
The school tax has been ntnety-one
cents. 1t will be lowered one cent.
Teachers salaries will be raised slight
ly in some cases but the saving will
be accomplished in the fund usually
set aside for additional equipment.
Contrary to expectations there was
no increase in the bond tax caused by
the building of the $4,000 Joseph
Moore school in West Richmond.
All Richmond schools are now so
we'll equipped that little additional
equipment will be needed this year.
maintenance of school which has cost
annually between $4,000 and $4,000
including the cost of equipment.
Plan Extensions.
For teachers salaries this year
$105,0 has been placed in the
budget, $102,500 of which is for regu.
lar day teachers. This year extensions
are planned in every department.
The expenses of last year for sal.
aries and the budget for this year
are:
1914-15 1884
Day school ........$102,500 $98,750
Night school ...... 1000 LAS
Summer school go. 500 210
This represents an increase in sal
aries of $4,000 or almost the equal OF
a two cent tax raise.
There are two new teachers in the
teaching staff and for the other
teachers the board tried to equalize
the salaries. The night school teach
ers will be more in number this year
The summer school in 1915 will be
| just double the summer school this
year, probably lasting two months in
| stead of one.
The tax is made up of three funds, the
tuition fund for salaries at forty-five
| cents, the special fund for equipment
\ and maintenance at thirty cents an(
| the bond fund at fifteen cents.
Pay Off Debt.
| With the completion of the new higl
school necessitating a bond issue O
$4,000 and the erection of tn,
Joseph Moore school last year an ad
ditional bond issue of sa5 900 or a tota
of $4,000, the board has a bonded
Indebtedness of only $135, 5000 which il
being taken care of by the bond tax
Next month, $4,000 will be paid OF
the bonded indebtedness somewhat de
creasing the total amount of interest
The $4,000 payment is taken into con
sideration in the statement of$135, ,O0
bonded Indebtedness.
| The board will also make a chang
in electric motors this year. Because
OF the difference in rate of the electri,
current for direct and alternating cur
rent motors, all direct connecte,
motors will be traded for new alter
mating current motors. This will saw
! $400 a year, the difference between
the cost of the old and new motor
being saved in four years.
1--WE are going to economic where
ever possible without lowering tn
efficiency" Charles Jordan, treasure
of the school board said today "W
believe we can lower the taxes agail
next year, If only one cent. Las
year we bought some expensive equiv
ment including the $1,000 printing
press for the high school. All tn
buildings are now we'll equipped an
there is little else we can add to max
the schools any better.