The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1915-03-19

D
cess we have met, we cheerfully ac-
cord the praise largely to the eff
cheney of our teachers and to the sup
port and cooperation accorded them
by yourselves. A harmonious pa
tronage always produces splendid re-
suits, and you, the patrons Of the
school, have done we'll in this partic-
ular, and the Board feels very CRATE
full for this cordial support.
Owing to the fact that our school
year, for business purposes, does not
close until July LIST, we cannot give
you exact figures but only estimates
of our financial status We would
say, however, that on July /, 1914,
we had in the treasury to the credit
of the various funds, the amounts fol-
| lowing;
Teachers ........ ...... S9Sf.69
Incidental ....... 80. 1403
Interest ......... $40. 6S.13
For last year, 1914, our taxable
valuation was $1,140,593, and the levy
thereon for teachers was so, inciden-
tai .25, building rs and interest 10.
For 1914-15, the valuation was ST.
! 103,548 mote the decrease), and our
levy thereon was, for teachers 81,
incidental 30, sinking "a and inter
est is. The interest levy can be
made cent less each year, if our
valuation holds up, as we are paying
each year $1,000 on our bonded in
debtedness, thus reducing the interest
bearing debt. We will be compelled,
however, to make our annual levy of
at least "a to make the required pay
ment on our bonded debt unless our
/ assessed valuation materially increas-
es. We do not yet know definitely,
| but are advised that in all probable
ity our valuation will be slightly
smaller. If this proves to be true,
we hope not our income will be fur
, Their reduced.
We will pay out for teachers this
year, fixed salaries, $10,544.49--on-
ly sos more than was paid for this
purpose last year. In addition to this
we also pay the engineer at the High
School $50 per month, and to the jan
| itor there and at each Of the ward
I schools $25 per month each, the jan
itor ct the colored school $40, truant
officer IS, and rental on piano So per
month each. In addition to these
amounts, we pay for coal, insurance,
/ water, lights, telephone, supplies and
repairs of all kinds, including cost of
keeping up the grounds and cleaning
| the buildings in vacation. All of
which, with the strictest economy,
constitutes heavy charge and drain
on the incidental fund, and which for
the fiscal year will approximate the
expense of last year, amounting to
something over $4,000.
Our estimate of funds on hand at
the close of the fiscal year will be
about 5000 to credit of teachers fund,
very little if any to credit to inciden-
tai fund, small balance to credit of
interest fund and about 5000 to credit
of sinking or bonded debt fund.
For the coming year our expense
will doubtless be heavier on account
of painting of buildings, they need it,
also a number of insurance policies
will expire during this next school
year, and the renewals of which will
cost in premiums more for three years
under the present rating, than they
formerly cost for five years. This
will necessitate, much to our regret
reducing our volume of insurance.
While we feel that with the means
at hand, we have accomplished much
at the same time we are fully i'm
pressed with the fact that we are only
approximating, barely, our school eff.
i, ficiency and equipment. We are yet
far short of rounded school such as
we should have. In fact we are only
} sailing at half mast, and are short o.
many things that standard or first
class High School should have. W.
need, badly, another teacher in thu
high school to relieve the pressure OF
Z the teachers in that department. Oui
Superintendent is now devoting tint
to the hearing of classes daily, as ;
relief measure-time that is imper
: atively needed in looking after thu
management and details Of the schoo
? work in all its departments.
] 1T IS very necessary that we install
} with the new year, 4 Domestic ssienci
!. Department. The patrons Of th'
7 school are fully aware Of the neces
sity and great good that can be &C