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14 ; '· . WILMETTE LIFE M a rch 19. 1926 FLOOROLEUM STORES For Floorcov~ring Survey Shows School Needs Plans for the Future Development and Corresponding Needs of Wilmette Public Schools Reviewed by Board 1 Service STOP IN! . · . you will effect a saving worth having. Let us show you what we can offer you at economy prices. THERE'LL BE ALOT OF PEOPLE Buying New Floorcovering This Spring JF you are one of them we can be of great help to you. For one week we ·offer a SPECIAL REDUCTION on standard qualities in A· STO. UNDING PRICE REDUCTIONS FOR OPENING WEEK MARCH 20th ON two would not account for the new buildings erected in the meantime. In other words, the value in real estate has more than do u bled, according to the estimate of realtors, with no ' in · crease in assessed valuation. Sources . of Revenue The assessed valuation for 1925 i no t available ,·et but in view of the fac. that 170 acres were added to our di. BY J . R. HARPER trict in the Northwestern part of tlH The development of the schools m village it will he practically $5,000,000.0(). a growing community is always more or fn addition to the district taxes \H' less restricted by the question of fi- han: a small state revenue. Last Yea r nance. New buildings and new equip- this amounted to $9,912. However . ment are constantlv needed due to the there is some loss jn the collection (It increase of school. population. Gnfor- the district taxes and th'e income from tunatelv the income from improvements the state just about offsets thi~ lo s~ . lags be-hind the school needs. A house \\"e can expect then for thi~ current ,,·ill be erected. inhabited by a iamily year. an income of 4 _ per cent of $5 .with children in the schools for a year ()00,000 or 5200,000.. Our income ne~ t or two before the hou e· i..; properly year should be ~ little more but ,. assessed and the school can derive any ,,·ould not be w1se to depend nn a n income from it. Even \\'ith the bond- increase of o,·er $5.000.00. ing power it is almost impos~ihle for a \'ext yl'ar, 1927 will be tht: year i<· r grO'.ving comnnmity to keep pace with I th(' quadrennial revaluation. At that its school needs. time the necFJs of the school :--hould Cnder our pre~cnt Ia\\'~ thi" district .he carefully con~idered " ·ith rden·nct· can levy four per cent oi its as~cssed to an adequate school income. valuation for ~chnol purpo~e:-. Thi~ Our bonding power is limitl'd t<· ~ seems like a larg-e levy but in reality it per cent of the asse. sect valuation c.r is not a the ratio bet\\'C('n the a~s<.·ssed ' tc· about ~250.000.00. \Ye ha\· ~ bond " valuation and the rea l ,·aluation is nubtanding no\\' to the valtt.(' c,f $177.small. This ratio i:- !->Uj)!JO~ed to he 1 I noo. This lean~s $73.000 (li bonding to 8, hut 1 t(J 10 ,,·o ulcl prohahl~· nJon.· JlO\H'r availahlr. nearly cxpn.:~:-- it . Our hudgt't thi~ year total .....~]I,IJ.HO!l . The increa:-c in a:-. e:-.~td valuation flw it<:m, repairs. replacement~ and in ha:-. not kept pace at all \\'ith the ri..;e ! suran('(: has alread\' been exceeded ln· i II t h l' r t a 1 V a It 1t ' 0 j \\. i Jm C t t l' r l' a 1 C "> - () \' (' r $ 11,0(){1, () tl r -a C t t1 a 1 (' X p l' 11 d i t l1 H_: tate. In 191<.>, i(>r example, heion.· the thi~ ~· ('ar " ·ill probably total SlRO.(J()(l. increase in the value of real estate had :\earh· S20,000 of this ha:-- been u . . ed made itself felt. the as . e_scd valuation in th~· altnation:-- in thl' nld building of our district \\'as $3.900,000.00. La:-- t 1on (_'en t ral a \'Cn uc. Our h udget f c .r _ , ·car the a:-.ses~cd valuation \\·as $-l-801.- next year. cxclusiYe of the purcha~c 447.00. The difference between the of new grounds or addition:- to or rrcc Editor's Note: The following report on the Wilmette school system has been submitted to the Board of Education by Superintendent of Schools J. R. Harper, following a thorough survey of the schools ~ith regard to future neech;;. It is of v1ta:1 interest to every resident of the community. The first part of the r·eport was published last week. This part concerns the finances of the school system. 1 1 I i f I I The Greatest Offer We HaVe Ever Made! ONLY I $20~ DOWN for the world-famoua Grand PrUe uu~~ The opportunity of a lifetime t Get a brand new, genlline Grand Prize Eureka Vacuum Cleaner for only $:1.00 down! This astonishingly small down payment puts thia areat cleaner right in your own home- and extremely easy terms will quickly make it youra. Think of it I ARMSTRONG'S )LINOLEUMS NAIRN ) -WILTON VELVET CARPETINGGold Seal Congoleum-NeponsetRag Rugs-cotton Chenille Rugs Floor covering for all parts of the House, Shops and Offices GREAT SPECIAL TERMS Offer Positively Enda Complete aet of 11 $8 50 March 31st But you muat huny I Tbia astonishing special terma educational offer ends soon. Upon request we will deliver a brand new Eureka with complete attachments for FREE trial. Then, if you decide to keep -them, pay only $2.00 down. Act now-and enjoy many, many years of the beat homecleaning service money can buy I High Vacuum" Attachments FLOOROLEUM STORES For Floor covering Service FREE with each Eureka purebaaed (TWII'elfw --~ 1M witlachawa ) ........ Write, Phon~ or Cal~ Today TRADE IN YOUR OLD CLEANER Liberal allowance will be cranted on the purchase of a Grand Prize Eureka 1007 DAVIS ST., Estimates Free ~VANSTON Contract Work Solicited ; 'EUREKA VACUUM CLEANER CO. 1235 Chicago Ave., Evanston Phone Greenleaf 1734