Public school administration; a statement of the fundamental principles underlying the organization and administration of public education . ^??#-ilir--;:i ^:;: Of Bonds Outstanding. tViJ^ (100,000 OrlKltui) coitof building FlO. 33. PBINCIPAL AND INTEKBST COST FOR A SCHOOL BUILDING This drawing shows the results of building a $100,000 school-building, and pay-ing for it by the issuance of live per cent school bonds, on a five- to twenty-five-year basis. In a city assessed at $25,000,000, it would have cost the taxpayersonly forty cents on the one hundred dollars of assessed valuation to have p
Public school administration; a statement of the fundamental principles underlying the organization and administration of public education . ^??#-ilir--;:i ^:;: Of Bonds Outstanding. tViJ^ (100,000 OrlKltui) coitof building FlO. 33. PBINCIPAL AND INTEKBST COST FOR A SCHOOL BUILDING This drawing shows the results of building a $100,000 school-building, and pay-ing for it by the issuance of live per cent school bonds, on a five- to twenty-five-year basis. In a city assessed at $25,000,000, it would have cost the taxpayersonly forty cents on the one hundred dollars of assessed valuation to have paid forthe building in a single year, or twenty cents on the one hundred dollars had thecost been spread over the two-year period covered by the erection of the build-ing. The ultimate tax cost will be sixty-nine cents on the one hundred dollars. tice of deferring payment to the future is becoming morecommon, and, though still quite limited, has recently showna marked tendency to increase.^ In some of our cities, dueto peculiar conditions, such deferment may be almost anecessity, but the practice is in many ways undesirable,and is often entirely unnecessary where resorted to.
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Keywords: ., bookauthorcubberleyellwoodpatte, bookcentury1900, bookdecade1910
