Milford chronicle., 1928-01-20
SCHOOL CONDITIONS
ARE DISCUSSED AT
MILFORD MEETING
LContinusd from first bagsl

was unlike that of any other in Del
aware, with only one exception
which is at Bridgeville. Milford
has a building about twenty-five
years old, that will be ample to ac-
cOmmodate the primary and gram
mar grades up to the eighth grade
for her own children and those now
enrolled in the eight rural schools
represented there on Tuesday night
That building can be remodeled and
be equipped to meet every require
ment for many years, at an expendi-
ture of money far below the cost of
building a new school to take its
place, so it would be poor business
to scrap the present structure.
Milford is asking from the State
of Delaware, that a new High School
building, combined with a Junior
High School Building, be built for a
sector of the two counties radiating
for dozen miles, and make, or con-
tinue Milford as an educational
centre, for the lower end of Della
ware.
Superintendent Holloway was in
frOduced and spoke entertainingly
of his experience in the public
schools themselves, as well as i'll
the educational departments, but it
was his explanations illustrated by
figures on a blackboard, that fixed
the attention and opened the eyes Of
those present as to facts, as to just
how each individual would be affect
ed in a financial way. That demon
Stration thoroughly aroused the
men and women as to what their
part of the responsibility is in
new school building for the people
of all these districts, to be located
in Milford. His clear statements !
and demonstration in figures on the |
board, as to just how small would |
be the part of each school district, |
was probably the first actual delving |
into, or uncOvering of facts, that |
those men and women ever had !
shown them.
The Financial Side.
DR.. Holloway's explanation of the
financial side of the building pro-
gram for the Milford School Dis
trict, when and if consolidated with
eight other districts, was interest
ing. The assessment of 1919 was
the basis to start from, because the
school building program law, fixed
that as the starting point. That as
sessment as compiled by the State
Beard of Education, shows that the
property in the eight rural districts
amounted to $1,232,700.00, while
that of the town of Milford amount
ed at the same time, to S1,SS1, 10000,
making a total of all property in
volved, of $3,113,7OOOO. !,
This is therefore the only basis
on which bonds can be issued and
receive State money to build a new
school building for a consolidated
school district. The bonding limit
is fixed by the law at per cent on
that amount, which is maximum
bond issue total of $62,274.0O; the
State to do the rest. The law di-
reefs that all Indebtedness for build
ings in the shape of bonds, shall be
deducted from the total amount of
bonds so authorized, and as Milford
has paid since 1919 900 of bond
ed debt on the present building in ,
Milford, that reduces the bonds to
be issued from $62,274.OO to SAL
274.00, as the maximum for the
entire consolidated district
Paying OF Bonds In Ten Years.
Assuming that a bond issue for I
this amount should be voted on ia
vOrably by the voters of the dis 6
trict, the situation would be about :
as follows: Basing on the assump- y
ton that the bonds would run for
only ten years, as follows:
Bonds totaling $41, 274.O0 with in
terest at per cent.
First year payment: I
1917, or one bond, S
SO on Bonds /
$50 for bond and interest
would be $6,194.00. t
The laws provide that when tax /
is laid for the payment of bonds and S
interest. there must be added an ad-
ditiOnal 1919 on the total amount of i
the levy necessary, which is to take h
care of the cost of collection, re- \
bates. delinquents, etc. This would
amount to $4,000. Add this to the i
amount of the bond and interest h
charges as stated above, we have
total of $6,813.OO, as the first year
This amount being from the prop o
erty in the whole of the incorpor- b
ated district d
This levy would be made not on 0
The amount of the 1919 assessment, tt
but upon the assessment that should il
he made Just prior to the levy, and Il
agreeing with the assessments OF e.
he counties in which the districts N
lie. It was estimated that the as RI
of the rural districts had a
not and would not be increased
;ince 1919. but that the assessment
If the Milford Special proper had
'isen to about $2,500,O0O.OO making W
he combined assessment for con-
;olidated district amount to $780, 81
10000 W
II was further stated, that the 81
.ecords of the State Board of Edu-
alton showed that in 1919, when
men only were assessed for Poll
Faxes. there were 1854 such capita b
ions in the eight rural districts. W
that there are 1854 wo- D
men capitations in addition to the e.
,bove number of men capitations, a
we have a total of 72S estimated U
in the eight rural dis Il
riots. Estimating Milford as hav-
me- 1900 capitations, we have a
yrand total of 1928 capitatiOns; or, n
in round numbers $500. o
DR.. Holloway then suggested that c
in case a levy of $500 on each poll V
were made, the yield from this n
source would be $5,0OO.OO.
He made this calculation: