Milford chronicle., 1928-02-10
COST OF SCHOOL
BUILDING In LOCAL
DISTRICT IS SMALL
[CoHtinued from first pagel


iy S144,OOO.OO. This estimated cost,
however, does not include the cost
of land for the high school site and |
play ground or athletic field
g. The estimated total cost, not |
including the purchase of the .
land, is as follows:
$144,OOO.OO for high school
building, plus 100000 for
equipment for high school
building, making a total of
$15O,O00.O0 for the high school
plant, plus repairs for the
grammar school. In addition
to this must be added the cost
of the site for the new high
school building.
The question is, how are we going
to proceed to secure these much
needed Improvements.
Annexation OF Nine School
Districts
The advice of the local School
Board is to secure the annexation,
if possible, of nine school districts (
outside of the town of Milford
These School districts to be annexed !
and formed a part of one general
school district of which Milford will
be a part, If this is done, the school
buildings in these nine districts will 1
be taken over by the state, and all |
of the children will then be !
brought to the greatly enlarged and a
more efficient school of Milford. The c
cost of taking the children to and 2
from school will be paid by the 1
state. Their method of payment is L
to furnish the local school board n
with sum of money sufficient for p
them to hire, not buy, buses, and to Il
pay for this transportation.
Election In Each School District
In order to consolidate it is nee -
essary that there be an election in y, ="
each of the ten school districts, =
nine outside of Milford. 4; a.
Milford citizens, with one ballot, - -
can vote to combine with all of L. -
these eight districts. These districts III
must also vote on the question of
consolidating with Milford.
Ten Districts Consolidate
Let us assume that all of the dis 2
tricts vote favorably to combining
with Milford and we now have ten
districts in one. 1t will then be
necessary to:
1. A petition will have to be
submitted to the State Board of tic
Education to approve a referendum in
for bond issue. tn
2. This will be followed by a vote err
of the citizens of the district for or Flo
against bond issue. pc
Favorable Vote. no
If the vote is favorable, then the a pu.
consolidated districts will be per- 81
mitted to issue bonds to the value nv,
of go of the assessed value of all of
the property in the nine districts, for,
but the value must be as of the ~
year 1919, which is as follows: dc
Milford district 81 1881 ,02S.00 Y
All of 8 districts 1,232,712.00 I
Total ........ $S,11S,74O.OO ,,o N
It would be legal to bond for go u
of these values and no more, provid- Co.,
ed the community wishes to take n
advantage of State aid in the build noc
ing of the school building. At go nae
Milford district would obi,
produce e. ....... $37 ,620.56 p
Nine districts would moi
produce ... anna. $24, 654.24 NV
Total Cost For Milford thei
In view of the fact that Milford and
has, since 1900 paid off school bonds of
to the value of $21 100000, it would feat
only be necessary for Milford dis Ira
trict to raise $16,62O.56 by a bond ed l
issue, or total for the two districts u
of $41,2748O. 81
Bonds To Mature In Ten Years sac
When bonds are issued, they must, o o-,Ct
Of course, be paid. for in certain Iood
definite length of time, and the ~,
school board suggests that these rba-
be issued payable in ten years, one mod rS1
.enth to be paid each year which 80 80
would require payment on princi- tI, va
pal, interest and collection charges booo
estimated at $4,000 per year. a onCo
FOH Tax its d
The question is, how to produce shou
his sum of money each year in a tain
way that will not prove a hardship prod
N the people in the community. bene
The plan suggested is to establish Du
poll tax on every person in the years
district, male or female, twenty-one Penil
ears and over, of $500 per head It to N
) estimated that there are $500 now
ersons in this community over 81 more
ears of age, and we would, there whicl
ore, raise 100000 per year. This with
OF being sufficient to take care of cided
ne principal, interest and collection shipp
harges, we are obliged to provide "Tl
lnds in some other way and it is coli i
that a property tax of sc the F
er hundred be assessed against the ises t
roperty in the entire school dis our
let. This is at the rate of sc per on tn
lndred on the valuation Of 1928 coope
;sessment, which would mean that to pr
e could assess property valued at and I
1872, 71200, which would provide its flu
Efficient money to make I'D the bal these
ice of interest and collection better
Iarges. DR.. F
State Board to Furnish Balance rector
Assuming that the school district f Hetlns
n get together $41,274.OO and the . ono4e
w building will cost in the nlg yt
ighborhood of $15O,OOO.OO plus the IL
st of the high school site and re- part
irs to old building, it is believed Mo1ua
at the State Board of Education sCuuy
II furnish the balance. tle -
The State of Delaware will appro- UlcaIly
late each year for two years 81 ORGAN "a
100000 to be devoted to assisting me
the building of schools. S4OO.- p. H.
LOO of this money is turned over sIaIn
Wilmington and based on enroll suIlc c
mt, $187066.00 to rural New Cas- L ing III