PUBLIC SCHOOL FINANCE
243
TaBLE 78: Source ANALysis oF Missourl STATE GENERAL
Revenue Funp, 1925-1929
Source: Reports of the Public Schools of the State of Missouri
Source of Revenue 1927 1 1928 1929
General property tax...... 12,413,097 52,410,260
[ncome tax. .............1 4,004,125! 3,921,905
[nheritance tax........... 2.192,044' 3,157,170
Total of three taxes. .... 8.115,3161 8,609,260) 9,489,335
Corporation franchise tax. . 2,190,643
Incorporation tax. ....... 402,391
County foreign insurance tax| 1,224,947
Express company taX..... 46,847
Total corporation taxes. . 3,864,828
463,193
196,726
1,445
11,737,034/11,539,162112,825,72314,015,527
1925
License taxes and fees. ....
Interest on deposits. ......
Miscellaneous receipts... .
Total®. . ..
Recapitulation of Receipts into State School Moneys Fund
Transfer from state revenue |
fund os .$3,425,214] 3,912,345] 3,846,388] 4,275,241" 4,671,842
One third unexpended ware
house department bal-ANCE.
ov vevnranenrnsns
One third ordinary receipts
into state revenue fund. .
interest on school fund cer-HAcAteS.
«ov vvannnrens
Balance from previous year
Refunded amounts........
Transfer from barbers’ fund
Transfer from chiropractic
fund. ...........n
15.305]
3,862,193] 4,275,241] 4,671,842
187,040] 187,040
.. . 710,838
6112] 25520
8,469
Total. . CL RB 3,808,501 4,113,476! 4,095,792 4,468,393] 4,903,709
1 School years ending June 30 of calendar years as indicated.
2 Does not include following amounts which do not benefit public school moneys:
3492,438, in 1925; $285,033, in 1926; $576,886, in 1927; $92.489, in 1928, and
3441.440. in 1929,
poses, provided that the requirement of free textbooks is met
in the case of the distribution from the county foreign insurance
tax fund.
The recapitulation that comprises the lower part of Table
78 shows the manner in which the total credits to the state
school moneys fund were derived in each year. The first
item in the recapitulation represents one third of the totals
that appear in the upper part of the table. Of the other