. Biennial report of the Superintendent of Public Instruction of the State of Montana . Improper Original Aggravated by poor maintenance -59- SOURCES OF PUBLIC SCHOOL REVENUE Local 1950-51 District Levies $ 8,851,814 County Levies 10,013,484 High School District 1,272,622 TOTALS $20,137,920 Other Local Revenue 6,021,646 (Sale Bonds, Insurance, etc.) State Equalization $ 5,545,370 Interest and Income 1,956,720 Transportation and Vocational __ 673,801 TOTALS $ 8,175,891 Federal Forest Reserve $ 68,964 Taylor Grazing 9,573 Indian Funds 379,481 School Lunch 169,854 Vocational 128,09


. Biennial report of the Superintendent of Public Instruction of the State of Montana . Improper Original Aggravated by poor maintenance -59- SOURCES OF PUBLIC SCHOOL REVENUE Local 1950-51 District Levies $ 8,851,814 County Levies 10,013,484 High School District 1,272,622 TOTALS $20,137,920 Other Local Revenue 6,021,646 (Sale Bonds, Insurance, etc.) State Equalization $ 5,545,370 Interest and Income 1,956,720 Transportation and Vocational __ 673,801 TOTALS $ 8,175,891 Federal Forest Reserve $ 68,964 Taylor Grazing 9,573 Indian Funds 379,481 School Lunch 169,854 Vocational 128,094 TOTALS $ 755,966 Balance on hand July 1, 1950 and 1951 $13,183,250 Veterans Training (Federal) 868,898 TOTAL AMOUNT AVAILABLE $49,143,571 1951-52 $10,388,647 10,621,056 1,667,604 $22,677,3074,909,992 $ 5,402,906 2,766,455 699,595 $ 8,868,956 109,95010,802379,482193,100128,030 $ 821,364 7/1/51 $12,683,279906,724 $50,867,622. Adult Night School Class in Art— Custer County Junior College -60- RECEIPTS AND EXPENDITURES1950-51 STATE PUBLIC SCHOOL EQUALIZATION FUNDRECEIPTS $ 1,108, 1,956, 652, 4,300, 350, 170, $ 8,538, 1950-51 $ 5,523, 636, 1,956, 112, 309, $ 8,538, 1951-52 $ 1,331, 2,766, 570, 4,665, 286, 309, Total Receipts $ 9,930, 25% Individual Income Tax Interest and Income Fund 25% Corporation License Tax Appropriation from General Fund U. S. Oil and Gas Royalties Balance beginning of year EXPENDITURES* Equalization on Foundation Interest and Income Fund Other Divisions of Govt. ** Balance on hand end of year Total Expenditures for Year 1951-52 $ 5,424, 689, 2,766, 113, 936, $ 9,930, * This payment is to various divisions of Montana government in payment for services in mattersconcerning school finance and special services, and


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