Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1919-02-23

An audit has just been completed
=, ths finances OF the Tulsa school
Sistrlct covering II five-year period
Srom 1914 TO tglS inclusive. The
abic,t of this audit, President II. o
Mcclure. OF the board OF education.
said saturday. was TO check the
nooks 81 the school board with those
=, ,Jlstrict and county treashrers, who
ysceive and dlsburso all funds The
accounts were found to agree and
balance was struck In all of the va
rious funds
some interesting flgures ynre con-
,aincd IN the detailed report of tho
sudu. which was mndo by John A.
Arnold a. Co. expert accountants
Sho have had force OF men on the
work for some time, The total bond
cd debt OF the district is now Sll9S,-
GOO
Had Two Bond Issues.
In the f!ve-year period there we're
two bond isues. one on April 10. 1914,
for $500. 900, anda one on March is,
1917, for 100000. From premiums
ON bonds there was realized Si3,2b0,-
96 from the sale OF real estate s5l.-
III. from rent $3.50, from refunds
js,J5l9S, from interest on bank bal
anccs S4i,53i2l and from interest
an Liberty bonds $500, making "A to-
mi OF Slll315, all OF which was
used exclusively for buildings and
improvements.
ASSETS Are 81, ,1ci. .95i.35.
When the audit began In June
1914. an inventory OF school properly
showed assets OF the value OF $500
Sl2.65 In 1914 there was added to
this permanent investment the sum
OF t8.I93.33. in 1915 the sum OF
,s1.5O9, In 1916 the sum OF $751;
?ial3, In 1917 the sum OF iS12,-
ui.7o and In 1918 the sum OF 367l,.
siit7. making the present total
value of permanent investments
G.19t.o51.3b.
An itemized inventory OF the tangi-
bic property OF the school In 1914
as compared with 1918 shows that
the value OF school buildings has in
creased from $325.S6s.3i. to 1850
7OS.Al. the value OF the grounds
from $396,sStb0 to f529.7l0.Sl, and
the value OF departmental equipments
from S3S.963.9i to $10I.2SO.90. In
1904 there were oAly nine school To-
cations: Mt present there are 90. Tha
number OF school rooms In 1914 was
only l02, today the numbel Is 34t
The operation expenses of the
school is paid from funds derived
from taxes. The revenue from this
source In 1914 WAS s166.07t.b5. In
1915, 1851. 1856, In 1915 $685.
s567l II i9lH Si32,sSo3 and in
1915 0,5l8.7t.
The expenditures for instruction
and operation for the same period
we're: In 1914, s96,lS1.96; In 1915,
, i33,lsS.t5; in 1915, t17S.s6737; In
1917, s2le.66Q5l, In 1918. 3S70.-
B312.
How Salary Expenses Jumped.
There was paid for principals
salaries and expenses In 1914, So
,sl26ii in 1915. sl2,St9,l0: In 1916,
fi5.3t0a75: In 1917. s1S.o15.25, and
In 1918. s2s,05S,3t. There was paid
In supervisors salaries and expenses
Tn 1919. st,97426; In 1915, f7.l97.Ss:
In 1915. s7,74I,bt; In 1917. tll.-
sli2j, and in 1918, $i1.665.lO. The
alarles and expenses OF teachers in
creased from s63,577o4 In 1914 TO
N2.l2s.5s In 1915, to I1T559b9 In
1915; 70 sl55,532s0 in 1917, and TO
t?e721l.70 In 1918.
From the sinking fund the board
mas redeemed kEOO,OOO or the OOnns
Issued In 1917. the only short term
bonds Issued.
Commenting on the growth OF the
schools which these figures lndi.
cate, both In the revenues received
and the amounts expended. President
Mcclure said that Washington school
was built in 1908 with eight rooms
and II now has II rooms. 40 rap
Idly has the residence section about
ltgrowne whittier school was built
IN 1916 with four rooms. II nov has
10 rooms and they are all full
Enrolment increases.
When the high school was fin-
shed In 1917 the enrolment wac
only 500. There are now more than
1000 pupils at high school and
many more waiting FOR admission,
some OF whom have been provided
Tor by the establishment Of a junior
nigh school grade in connection with
the Washington school West Tulsa
ala not enter into the calculations
% when The building OF the school
system was begun. This district
now has a-2i-room school and
enough pupils TO fill six more rooms.