Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1914-08-24
SCHOOL DISTRICTS
EXCESS ASSETS ARE
WORTH HALF MILLION
Total Value Of City's System Close
10 Million and Three.
Quarters
$l3,sl4.3s IN TEACHERS FUND
Thousands Paid Out For Salaries;
81 in Fines; $l,52759
For Tuition

HarrishurE'H school district In pretty
wellIo.do, according to the annual
report ~ the auditors submitted 60
tho ppuphin county court to-day iiH
excess assets total more than half a
million dollars
The statement " pHBelH ana liphllls
ties occupy a whole page uf the
thirteen pnse report and shows that
the total nHHcta are more than q mil
lion ana three quarters, tlT6lloanb
In exact nnuteH, that the total UHhills
tice were ttgi9UOn, leaving excess
aHHetp totnltnH tblp, ioa,0h
The receipts from an sources fur
the fiscal year were tttN,GHNlo aud
this added to tho balaure ~ titaopaa
81 on hand at the previous year made
a grand total or tNilftlht The
expenditures during tho past year
we're we'll over hair n milUuu thhaehN.
h2, witch lott balance to Boo handled
by the treasurer ot tahNh03oh.
An ovrrdroft or tiinlO drawn to
the American llcetlug and Nrnul ting
Company hnd been returned and
placed 60 the boards credit
Tho school thanking Tuuds
The value ef tho school Sinking
funds Ia ttf9,NnA hearing interest
from local banks and depoHltorioH AZ
three per cent this Income hetng
credited ot course 60 the general fud.
The teachers retirement ruud ip IN
equally good pb1pc, the Receipts Tor
the year having been tHu,Nsa.Io
which added to tho cash balance on
hand az the close ~ tho hHt Nrtr uf
tN,aof,ga, ran tho total rcyripta tn
t'p,aaopa The total expenditures
we're tlh6lG,h', t6,ht6hN hpVt S
been paid out tn bnuultica ana the frs
nhiuing ta,Oko having hreN paid cut
IN loans The cash balance thip year
T. t1S,olA26
In tho ltst ~ sources FROM which
Income was derived tho report shows
that t1alngtsS was collected Tor
1nlS rrnlptnte taN ana that tp,Nht was
received FOR occupation hN Tho
intureciH on deposits uettrd seas. .tN
tuition from outside students ttNsfa
o. white tho 1taJv appropriation
totated N71NNNl The school diBa
triet collected ti I'm nnes too Witch
went into the general Income state'
mont
quarter Nilllon lnc Teachers
ttarrlbhurg'a uyhoul teachers nav
roll is q miHhtv hig Ucm too purms
the year lust past " paid ou nearly a
quarter W milliOn alone for the
teachers stan, ts3NlSA.ee W exact
uguFca And this doesn't include the
$500 paid II. y noWNrH, tho city
vrlntcndcnt, nor Secretary II. H.
lRmWrlbouHh nor ether members az
a. vloricnl STAN.
The abatement relative to tho con-
dltiou nt tho teachers retirement fuNd
e. particularly interesting however IN
that II onrrta ao many nr the vitN't
great stan vt toachvra In the public
schools
The report shows that tho teachers
contributed fh,NNNNN tho HupcriNr
tcndent contributed thN. tho school
boards share totalcd kh.NtRt4, N5
interest from Investments amounted
to ttfhill AMI paNWrNts On mort
CAGES ana loans reached $4,000
tho rrcapituRtjou of tho asset,
tho value of tho vltN's school Nutldr
tvs and grounds Is shown ta hy
N,NRo,OOO, tho school furniture /,
worth 100000, tho hooks aNa anr
phratuu $4,000, outstanding taNe,
$1,000 sWknR FUNDS ENS,NaA, ty
Shimmcl hUtldiOg Upd contains tN d
ISIS and tho actual caah N hank 4,
lON total W N,ttl,AoS,oA