The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-06-29
A Lower Rate for 1919

Tho schools last year required y
levy ~ ia mllla for opera ton and
10 caro- for tho sinking FUND The
world In lis discussion ~ taxes ostl-
mated that 1875 mills would he suf
ilclcnt this year for tho schools with
the districts wealth Increased about
30 per cent
r. " Ohcrholt7cr. superintendent
~ schools told thc world that tho
schools viii pp0hnhly not ask FOR
more than ia mills n figure thrco
mills lower thpn last year ana more
thAn two mills lower than the esti
mate In the Words tax table. This
In conclusive evidence that the
Worlds figures have been connorNa.
tive ana generous ann may he lower
rather than hlghrT n changes are
made
Tulsa pays school taxes M n part
NJ District ~. cumprlSinE all of
Tulsn and considerable territory
without the city The valuation of
tho school district ~ the last asscsH-
mrnt In 1917 was tis69i 900, and
NJ this the vAluRtlDn NJ the city was
1aq.bS7.Tb5, which means That Win
out the city limits tho valuation wnr
about 10000. 900 The valuation Of
he school district under the 1919 as
aessment Will he i1O0OO,OO0, Rc-
rordina 10 Lewis Cline w. \. Hooker
ana others familiar with the condi-
lions ~ Increase Tho valuation or
The city. II Ia generally conceded, will
br $40, 000.0 600. ana without the city
there was In the district valuation
NJ 50 900 900 In 1917, ana It II safe
70 assume that this valuation has IN
creased enough TO make the total
80 900 900.
ICSpcnso tD Incrcnnc hut 20 Per Cent /
Tho operating expenses of the
schools last wear were tsiS0OO, and /
10 pay this the schools had the fol /
owing revenue: From IA mlll tar /
m tts,g9O, 600 valuation of district /
l6pl,gs0. from state funds allowing .
i7b0 for every person OF school aHe +
n the district, tii6,66O, from gross .
tar $4,000 from count, I
or separate school, tiAia0- mSHinE A.,
total OF ,sSs.66O for the opera,inG
'ost Of tslS,Oo0.
Operating expenses this year, vii Z
Increase about 20 percent accord .
nE to Mr., Oberholtzcr, supetiuicn.
lent OF schools This includes IN .
,reRAes In the teaching staff and the .
Increase due To the new teachers [
alAry scale which has been raised I
rhls In an Increase In expense OF I
tiT5,OO0 which would make the to- /
al needed this year $4,000 Nj /
declared that II lSi6,O0O /
= raised in the school dstrict tho |
ross production tax and state !
Ichool aid and the county money /
rom the separate school will more |
han care for the increase,
Morc Money PROM Lower Itnto
A 11.7 mill tax on the new valu. |
.tion OF $4,000. 900 will raise 1919.
100. The state tax on the per |
iApita fund cannot be lesS than last |
ear and will probably he more for /
he number OF school children has
increased but leaye n at tt66,seO /
no county will give ttiig0 and the
ross production tax will afford no |
eSs than last year or $1,000.
This will give a total of revenue
n tiOS9,0OO to care for the cost Of
he sch oola which will ho not more
han $4,000 according TO Superin-
endent Oberholtset's estimate This
means that a iiT-mill will he
nouRh FOR the general school fund
To this however, must be added /
ne SINKING funu lcNy LAST year II
he sinking fund levy was mills
his year uperiniendent Oberhnlt- Il
er says a a6-mill levy will he SUI.
Iciont.
Last year 5000. 900 worth Of bonds
'erc retired but there viii hc no
onds due for three years against
he schools THIS means that tho
My obligation ~ the sinking fund
~ he 10 care FOR tho interest on
10 school Indebtedness ana create