Newspaper Archive of
The Malakoff News
Malakoff, Texas
Lyft
July 3, 1975     The Malakoff News
PAGE 10     (10 of 10 available)        PREVIOUS     NEXT      Full Size Image
 
PAGE 10     (10 of 10 available)        PREVIOUS     NEXT      Full Size Image
July 3, 1975
 

Newspaper Archive of The Malakoff News produced by SmallTownPapers, Inc.
Website © 2020. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.




pae 10 - MALAKOFF NEWS - July 3, 1975 from page 1 District show an actual value of property in the district at $111,455,588 when a survey was made by the office of the governor for 1974. This com- pares with figures estimated by the report of $102,798,313 for the Athens School Dis- trict, and $33,224,699 for Brownsboro, and $26,719,853 for Eustace, and $28,863,273 for Trinidad. Only Malakoff in Hender- son County, has made any concerted effort to revalue real estate. As a consequence, it would appear that its market values of $53,000,000 for 1974 were in about the same range as the market values for Athens, Browns- boro, Trinidad, and Eustace. But the updated figures supplied by the district to the office of the governor have given Malakoff an official taxation value in excess of the value of the Athens district, which is three times larger. The new local fund assign- ment rules state that the district's local share of the cost of the program for 1975-76 should be 30 cents per $100 full valueation of taxable property in the district, as determined by the governor's study, or 200 per cent of the local fund assignment of the district. Malakoff's local share last year was approximately $75,000, and 30 per cent of its full valuation as determined by the governor's office would be $334,367. However, since guidelines prohibit charging the district more than double, the total amount of local funding will be around $150,000, Murray estimated. Even if the lower 1553,000,000) valuation had been used, it still would have cost the district about $150,000 for the 75-76 year, Murray disclosed. But the real sicky situation comes the following year, when the new guidelines require the district to provide 35 cents for each $100 full valuation or 300 per cent of the 1974-75 local fund assign- ment. This would amount to $390,094 at 35 cents per hundred of the $111,455,588, but again, the maximum is limited to 300 per cent of the 1974-75 fund assignment, which would make the amount the district has to put up that year around $225,000 Murray said. Had the district, remained at $53,000,000 value and not updated its tax values, it appears likely the governor's office would have done as it apparently did other area school districts-merely add a 10 per cent differential for error. In reality, the 10 per cent was added to the approx- imately $100,000,000 suh- mitted by the school district, further compounding an in- equity between the Malakoff district and other districts. If Malakoff had stayed with the $53,000,000 value - weighted 10 per cent-its market value figures might have been a little over $58,000,000, Using the $58,000,000 figure as a likely figure, the second-year local fund assign- ment would be $203,000 at 35 cents per hundred, substan- tially less than the $225,000 estimated on the basis of 300 per cent of the 1974-75 contri- bution. The Texas Education Agency and the office of the governor have pledged to strive to have all school district equalized by the start of the 1977-78 school year. .::;:;.;.::::...:.::.:...>N.-.:...:.-.y:.:.:.`;..'...;... And a review board is to be appointed by the governor for adjusting values. Malakoff school district has just completed a $34,000 tax study conducted by Texas Appraisal Service. That study indicates a value of $95,000,000, considerably less than the state's$111,45,588 figure. But aside from the local fund share, there are other problems involved with building the district's 1974-75 budget, Murray said. Tea- chers are allocated differently this year from last, in that vocational and special educa- tion were formerly counted in a manner to give the district additional teachers. For kindergarten through third grade, there must be one teacher for each 19 students. For other grades it is set at 25 students for each teacher, .Murray said. Although the new rules do tend to limit the funding of special teachers, school dis- tricts like Malakoff with less than 1,000 average daily atten- dance, will not have fewer teachers than they did in 1974-75, Murray said. Utility costs, gasoline costs, instructional supply costs and equipment prices have all gone up a great deal, Murray said. And even though the state has in- creased its share of the trans- portation cost. the increase hasn't kept pace with the cost of gasoline, which is expected to continue to rise. Murray said the school district's budget work would he hampered somewhat by the fact that there is no set of records for prior years for some of the information now from page ! teers will man the concession stand and cook and wrap the hot dogs, Ellis said. The Coca Cola bottling company of Corsicana has donated 300 soft drinks for the patriotic project. A Boy Scout color guard will be provided for the parade by ttoward Hardy, scout- master. Irving Matthews will have the Cedar Creek Riding Club participating in the parade. Old automobiles, tractors, as well as modern vehicles are expected to participate in the parade. Workers involved in putting on the Independence Day gala will be recognized from the state, Ellis said. The Bicentennial hosts and hostesses will be featured on a special float in the parade. The parade will start from the north side of the park on Maple; go down Maple to Smith, south on Smith to Dewey. west on Dewey to ltighway 90, down 90 lTerry Street) across ttighway 31 to the Railroad Track, then east on Main to Martin, north on Martin to Jackson, east on Jackson to College, on college back to Dewey, and then disband on the south side of the park. "Everyone is invited to participate in the parade." Ellis said. The July 3 observance will be a warmup to another program set in the park for July 12, when the Bicenten- nial Commission will be on hand for the presentation. That program is being shaped up now. At that time the city also plans to dedicate its new facilities in City Park. being required, and the dis- trict will have to make educated guesses. But regardless of how cpon- fusing some of the new rules are, the obvious point being made in Malakoff and else- where around the state, education is going to cost the local school districts much more money than ever before.. ..much, much more. %, ..[l{[! I When fortune knocks, be sure to open the door. NEW SHIPMENT Low neck Shells & Shirts To Match I/2 PRICE Pants & Blouses Pantsuits White Shells Shirt Blouses With Shells To Match Including Long Sleeve White 1/2 All Shorts s3 Up To qO Value Both Ladies & Junior The Spot Open Thurs. Fri. & Sat. Athens Store Hours 9:30 - 5:30 Lay-Aways UTILITY DISTRICT LAW the bill-signing cerenmny are Local officials from Tool, [left to right] Dub Guiil, city Seven Points and Tolosa councilman at Seven Points; Water Supply Corporation Clifton Smith Jr., director of were present recently at the West Cedar Creek Municipal signing of a bill introduced by District; Dillard O. Smith, Rep. Fred Head providing for an election in Northwest Henderson County to deter- mine whether or not local residents want a Municipal Utility District in the West Cedar Creek area. Pictured at Butane-Propane Gas Service-Tanks For Lease or Sale RADIO-EQUIPPED TRUCKS FOR SPEEDY DELIVERY Reliance Gas Co. of Athens C.M. Tinney, Owner Dial 675-2269 in Athens i ' MONDAY THROUGH Welfare Blue Cross Blue Shield Medimet GIBSON PRESCRIPTION PHARMACY 900 CORSICANA HIGHWAY ATHENS, TEXAS 76751 PHONE 675-?069 EARL ANDERSON, RPh., Owner THANK YOU-WE APPRECIATE YOUR BUSINESS director of the utility district; Bruce Smith, city councilman J.N. Loden, utility district of Tool; E.L. Segler, city director; Oran White, Mayor councilman of Seven Points; of Tool: A.B. Bolin, mayor of Joe E. Cox, director of the Seven Points, and John C. utility district; Gov. Doiph McKee, director of the utility P'jCE a D . exo,tle., . =,.,IOTI Bakerite SHORTENING S II' 39 3 lb. Parkay MARGARINE 4% Kraft GRAPE JELLY "/  -,i ' 9 2 lb. Mama's -" OKIES IJl ) 3/: 1 Duncan Hines CAKE Our Darling CORN 303 Mrs. Beard's BUNS Cedar Farm BACON .S.| 49 ,:l,:, "" lb. TNU - FRI - SAT ,:-,,, Neuhoff THE Stt OF mE MULLOCtlS, ; 12 oz. e NOTICE. SU,-,O,-TUt.W, . CLOSED + "  OF THEIR Kouno ...... I10011'00;:0 STEAK......................Sl Loin lb. REPAIR STEAK.... 8159 F'bR sr'TU '' ., 0o Club " """ ""...............l lb. MAX.E, ","'" ...... S 159 WATCH ,,us 2.d .owe ooooeooooeooooeelt coo Arm lb. FOR ROAST. .1 19 0"0....0 Ib.Seve n VImNm, INr , IIMImrt " "" " ROAST..S.l nl: npl:UlUP, ....,,...,..,. Color prints by Movielab 0-] . DON'T MISS TO-NITE * Insurame-Tips from Jerry Garrison  -....,-........,._.  Hyar Come Thet Friendly Insurance Man From Malakoff Insurance Agency 226 N. Terry St.- Phone 489-0512 Jerry Garrison Insurance Agent LETTUCE 25 ,. POT/00 TOES Russets $139 20 lb. FRENCH Cross Roa00 Hires Prinl Don It. M( Lake Worth was principal of School Monday a special meeting district's board of McKinnerney, 38, and he and his wif havea son, 14, anda, 10. tte is a native Star, a graduate Junior College and as State Uni' bachelors and mas grees. Gladiola 5 lb. Nabisco Nila. 8 oz. 3/s 1 Donald Frozen 2 12 oz. 2 lb.