The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VIII. Public school finance

Collection:: Economics Books

238 THE FISCAL PROBLEM IN MISSOURI The conditions requisite for the grant and the basis for aid are the same as for rural aid to a one-teacher district, except that there is no limitation as to assessed valuation. However, no district can receive aid in excess of $900 for its primary schools. The statute is not applicable to consolidated dis- tricts in which any incorporated village, town, or city is located. In addition to the two forms of aid to consolidated school districts, it is provided that the state shall contribute to the cost of a school building and equipment for a consolidated district to the extent of one fourth of the cost, with a maximum limit of $2,000 for any one district! Certain re- quirements must be met. State aid to high schools is also based upon assessed valuation.? In order to become eligible for high school aid, a district must fulfill six conditions: (1) the maximum levy of $1.00 per $100 valuation must be in effect; (2) an approved high school must be maintained; (3) a salary of at least $40 a month must be paid to each teacher; (4) non-resident pupils must be admitted on payment of a reasonable fee; (5) an average daily attendance of at least fifteen must be main- tained; and (6) the school must offer an approved course in agriculture. Information concerning the organization of the district must be furnished before any aid is granted. The grants are as follows: $800 per year to a district with an assessed valuation of less than $300,000; $600 per year when the assessed valuation is between $300,000 and $400,000; $400 per year when the assessed valuation is between $400,000 and $600,000; and $200 per year when the assessed valuation is more than $600,000. The aid granted may not exceed one half of the expenditures for teachers’ salaries in the previous year, and a district is not eligible for this form of aid if it receives any other special high school aid from the state. A special statute provides for the granting of state aid of $800 per year to a district that proposes to establish a high school. Such aid is granted only when it is shown that there is no school district in the county, the assessed valuation of LR. S. 1919, Section 11263. 2R. S. 1919, Section 11295.

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