The Raymer enterprise. (New Raymer, Weld County, Colo.) 1910-19??, 1919-07-31


That is II your school YAK was 500.
this year, 1t would require pay
ment Of $3.50 by you to take up the
warrants alone. The running OK
penses would have to be paid In ad-
dition. OF course, no one would ad-
yocate an attempt to liQuidate the
outstanding warrants In one year by
taxation. It would be drastic to at
tempt to retire them In six years. and
to do that would require that 5000
year be raised over current expens-
es to retire the warrants in six years.
besides the annual interest charge
Of $1,000 in excess of the bond rate
OF interest.
That would mean then that you
would have to add at least % por
cent to current school tax to get
away from registering warrants II
the bonds are not issued and contin-
ue such increase for q period cover
ing the next six years.
The tax payer may not be entirely
familiar with the manner in which
these registered warrants have ac-
cumulated. The district had very
few schools prior to the fall Of 1910.
At that time the district comprised
the present district and the present
district of Stoneham. There was
little or no money in the treasury,
and few school houses, but there
were great many pupils. Several
school buildings were erected and
teachers hired, and registering war
rants was the order Of the day then.
The writer was not here until the
year following, but believes that was
the way the matter was accomplish
ed, the district being practically a
year behind at that time.
We do know that when the dis
trict was divided In 1912. there was
no money to divide and that this dis
trict inherited a considerable debt
for the financial condition at that
time, but of course not Of such size
as 1t is at present.
The increase came from the fact
that the bond issue when the school
house was built was not sufficient to
meet the expense Of the Lincoln
building and the four other schools
built that year. The bond issue was
for $16,900. The Lincoln school cost
approximately $4,000 and the upper
story was left uncompleted. The
outlying school buildings cost about
$4,000, II is readily seen that about
$4,000 Of this had to be paid In
warrants. Two years later another
bond issue was floated for $3,4OO,
but again the cost of completing the
building alone outran the bond is
sue by more than $1,000, leaving the
cost of completing the heating plant
to be met by registering warrants.
The school district has expended
for the purchase Of trucks, $13,216.-
43.
Well, pumping machinery, light
ing plant, furniture, cess pools, ref
creme books, ETC., have cost upwards
Of $4,000.
The total cost Of the permanent
improvements made In the past four
years since the first bonds were is
sued VIII run up to the total OF the
bonded debt plus the registered war
rants, or in excess OF $50, 10000
Perhaps in the busy time yon did
not read the figures in last W .ck's
Enterprise taken from Assessor Han
mas report, showing that this year
the entire county will collect $685.
1876 as against $446,944.75 col
lected the year before, or an Increase
Of more than 40 per cent. The in
crease in taxes collected was not so
great in the Raymer district as the
average increase over the entire
county.
Both Stoneham and Buckingham
increased their tax more than Toe
per cent. Grover will call a special
election to increase their tax more
than 100 per cent for next year
The Raymer district is probably
the fastest. growing district In the
county and still we are not incrcas-
ing tax levies in as large a proper
tion as the balance OF the county,
and not nearly as fast az our near
neighbors where conditions are sim
ilar, except that none have made the
improvements as early nor as great
rs this district. These are things to
be taken into consideration when
men tell you that school funds have
not been made to accomplish as much
as they should In this district
We believe that It can be demon
strated that II this district had not
consolidated. we would be paying out
as much for running expenses with
TIM mn H.