The commercial. (Union City, Tenn.) 190?-193?, 1921-11-25
The School Fund.

cation to the citizens and school pa
irons of Obion County:
For the information of the citizens
of Obion County the Obion County
Board of Education desires to present
some facts with reference to school
funds which we think are of interest
to all the people and which we think
all the people should know about.
Obion County is not going to raise
as much school money with which to
maintain her schools during this
school year as she cid for the last
school year. We think that everyone
should be acquainted with all the
conditions in order that everyone
may know the problems that confront
our schools.
Obion County's assessment for the
year past was about $35, 100000; its
assessment for the presens year is
about $28,000,000. The Obion Coun-
ty tax rate for last year on the $685.
100000 valuation was as follows:
General County Purposes, IL cents;
Common Schools, IL cents; Road
Purposes, cents; County Bonds, 2
cents. The rate for the present year,
as fixed by the committee that was
selected to prepare the rate for this
year and adopted by the Court on
$28, 100000 valuation, is as follows:
General County Purposes, 81 cents;
Common Schools, IL cents County
Bonds, 2 cents; Road Purposes, II
cents. The Court also provided that
cents of the 81 cents levied for
General Purposes be used and ex-
pended on the roads. Hence, Obion
County's tax rate for roads last year
was cents; this year it is Is cents.
The tax rate for schools last year on
a $35, 900 valuation was II cents
and the tex rate for this year is IL
cents on $2S,000,000 valuation.
The State rate last year was 6
cents for schools and it is IN cents
for this year. The money that this
rate yields remains in the county.
Therefore, Obion County's' total tax
rate last year for schools was IS
cents and this year it is 19A cents
Last year on the $35,00O,O0O valua-
ton with an IS cents tax rate the |
school taxes amounted to about $685.
600; this year on $28,000,000 valu-
alton with 19H cents tax rate, the
school taxes will amount to about |
$4,000, or about $4,000 less this
year than last year.
The Legislature of 1921 provided |
that each county of the State shall
receive $4,000 of the State school
fund, provided the county should
levy tax sufficient to produce $500
per child or levy tax as high as 80
cents. The result of this law is that
If a county has 80 cents tax and
that tax does not produce $500 per
child, the county will receive the
$4,000 State money; but If the coun-
ty levies under a 80 cents tax and the
tax does not produce $500 per child,
the county will lose the States
$4,000.
Obion County is going to lose the
$4,000. She would have had to levy
about cents moro this year than
she did last year to have qualified for
The $4,000. Therefore, the $4,000
tax that the county will not pay this
year that she paid last. year plus the
$1,000 State tax which she will lose
because She failed to comply with the
State law make total of $4,000
hat the county will lose or be short
n school funds for this year.
In order that the people of Obion
county may know what our neigh
boring counties are doing we submit
he following: Weakley County has
qualified for the $4,000 State money,
las already received 1t, and has 81
ents High School tax; Gibson Coun-
y has qualified for the $4,000, has
eceived it, and has A n cents High
school tax; Lake County has quail
led for the $4,000 State money, has
eceived it, and has cents High
'chool tax; Obion County HAS NOT
Qualified for the $4,000 State money,
will lose it, and has no High School
ak except the IN cents High School
ak which was levied by the Legis-
ature. The $50 that Obion Coun-
y will lose and helps to pay will of
curse go to the other counties.
Very truly,
D. H. BURNETT, Chair,
Troy.
B. A. VAUGHN, sec.,
Union City.
s. A. McDADE, Fulton.
DIR. LIAR GLOVER,
Union City.
DIR. G. c. MARSHALL,
Hornbeak.
A. w. HARPoLE,
Union City.
T. C. CALLICOTT, Rives.
]. c. THOMPSON, Rives. u
p. S.-A letter of Nov. 18th from
tate Supt. j. B. Brown states that
8 out of 95 counties have complied
nth the State law.
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