The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1935-08-22
GET ANOTHER
CHANCE FOR
NEW SCHOOL
Another Election to Authorize
Building Sept. IL; No Ad-
ditional Taxes Under New
plan: Federal Grant

Vol are to be given another OPP
rortunity to pass upon the question
If authorizing new school build
inc The election will be held on
tbe 18th of September and the reg
istration books will be closed next
tuesday until after that date, &C
cording to notice being published
this week.
This will be the third offering
for the new school building. The
first was a year or so ago and was
for authorizing a bond issue. with
extra millage to provide for repay
ment and interest charges. 1t failed
TO pass. This year the matter came
nm again, under the special provis-
ions made for securing a portion OF
the funds from a federal grant. IN
der the original arrangement, the
district had to furnish SIS per cent
of the funds in order to secure the
remaining funds necessary from the
government.
Under the 4O-mill initiative re-
Gently put into effect in this state,
no provision was made for bond is
sues in which the levies might ex-
coed this limitation. It thus became
necessary, in order to secure the
districts portion of the funds, to
make the levy complete in single
wear, inasmuch as there would be
no sale for the bonds under the
strict limitations.
Such an additional levy, made
in a single year, would require a
double assessment for the current
year. This, while large, would not
have been greatly in excess of other
millages which the district has had
in times past. The proposition re-
ceived, even at that, a majority vote
at the election, although not enough
to carry the proposition.
AS the special levy required sixty
per cent affirmation, the matter was
considered closed. Shortly thereaf-
ter, however, the attorney general
reversed his ruling on the bond mat
ter and made the provision that in
those districts which were in sound
financial condition and could show
proof that the bond payments could
be met without additional millages,
that the department could pur-
chase the bonds. Thus the matter
again became a live issue, for this
district was one of those in the
state which had his approval in the
matter of financial condition.
AS soon as the information be-
came available the school directors
made it known at a mass meeting
of representative citizens. In view
of the advantages offered, the mat
ter was put to a vote and the board
was unanimously requested to again
submit the proposition to the pa
irons of the district.
Briefly the difference between
this proposition and the one which
failed last month is this: Under the
other deal, the districts share of
the proposed building plan, some
$4,000, was to be raised by a spec
ial levy, practically doubling the en-
tire tax levy for the one year.
The new proposition, as outlined
now. is the same except for the
special levy. Under this plan there
will be no additional levies made,
the annual payment on the bonds
to be met from the customary ten
mill school levy. The state has
agreed to carry the bonds at four
per cent interest on the approved
projects.
Thus, it is pointed out, the district
may secure the new building at a
little more than half it's actual cost,
and the patrons of the district will
not be required to raise for their
share of the fund any more than
they have been raising for operat-
ing expenses in the past.