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926 - March 19, 1926 tion of new buildings should not exceed $175,000. Wjth an income of $200,000 we should have at least $25,000 to apply to the de crease of temporary loans, or to use in investment in additional school buildings or grounds. WILMETTE ;LIFE ew In ate Financin& Schools The money to finance the school during any · school year is derived partly from the taxes of the current vear and partly from the taxes of the ·preceeding year. ·The ideal condition .would he t o have enough money to carry the expenditures until April when the first installment of current taxes is available. The Ia \\' provides, however, that when money is not available the di strict may is~ue anticipation warrants to an amount equal to three-fourths of its current levy. That is, the entire school expenditure for anY vear may conH.' from i_ts taxe~ of tl1at year, a's about thrcc-tourth~ of the sc hool n : ar is pa~scd hy April first. · Our anticipation warrant P<·\\·er thi-, year amount... to $150.000. \\'e ~hall probably han· to i~~u~ inrt ,·-five or fiity tlwu~and dollar~ \\'Ortl1 oi anticipatiot.l warrants. These can all he paid off in April. ~o that the intere ... t on the same will not be o\'er five or -,ix hundred dollar s. The immediate problem then i~ not the question of finding iund~ ior curn·nt srhool oq>ense-, hut rather that oi financing the rkn·l(Jplllent ui ou r ... chool plant:-. . .-\... ha-. been ~hown. there ha ... IH'l'll a <kcrcase in the ratio <,j a~ . . e~!'l'd Yaluation to r~al Yaluation. Thi' ha~ I>L·L·n tlll't ll\· an increa~e in the per Ctllt pcrmitt~.:(I in tlu· len· iur(lJH:rating tXJH:n~L':'. There ha ... ·heen 11<· inrrea..;c in the per cent permitted ior bonding purpo~es. In other won! .... Cotlr lHolldin~ P<·Wtr i ... not mor<: than hali \\hat it \\·a.., tt'n Year~ <ll!() \\·hen !11.- n·a l Yalm· oi \\'ih{lette real e~tatc ;.., takvn int(l con~iueration, and in the 111cantime the co . . t oi land il lr ~chonl ... ite~ and building_ operrtti(ln~ ha~ nwn· han clouhll'cl . . School Development . It i ... difticult to estimate the grmYth 111 ~chofd populatinn hut in thL· ta . . t .' var ... t]H' a \:era~t l!"rc o\\ t 11 has hL'L'n al·out :-!I rl11ldn·n a .'·t'ar. \\'ith the <k n·l o pnlL't! t t a k i 1~ .l! pIa c e i 11 t h L' w c_ .:.tt · ·n part <d C1t1r Ydlal!e \\ c can a ... :"'IU!lll' -. urh an inrn·a ... L· in thl' next icw YL'<t r:-- . Thi~ mv;tth an addition oi t\\<1 ~chnol r<,om unit s per ye:tr. :\nd a..; th, . gr()\\'th j.., \Try largd.'· \\·est of the tr;tck .... thi~ mean" addition to the L(lgan flr Arthur H. llo\Yard ~choo!.... :\-. \H' haYe the grounds and space at tIll' l kl\\ ;· rd :-.chnol. thi . ~ecms the lol!"ir:t! plan· ior :-.urh dcYelopment. · To take care oi the incre ased enrollment in the next five Year;-; we must double the capacity of ·the I Iowan! school. In other words we . mu:-.t proYide ior a total of 600 pupils. If \\'l' dl'cide also to make this an upper grade school for the whole Yillage, we ~hould r rovide for · about 250 more. f 11 con.sidering this development, \\'e n<'ed to carefullv consider the nature of such improveincnts. Shall we continue to add a school room for each additional enrollment with domestir ~cience, manual training, gymna~ium and auditorium facilities extra, or shall \\'(' build with some such a plan as the platoon syste.m in mind so that the . pace added for these activities "ill (Continued on Page 16) Spring Opening, Saturday, March 20 to 111 . Wt I. - ht (J() _ \\'(.: ar cr . (li 1ll ~~ 1nt 5. i! rt!l ur at lld ('(' I I }() I I I Let Us Show You This Famous Step Saver Here's a kitchen cabinet that not only will save an enormous ah~nt of work for you but will add a real note of distinction to your kitchen. It's the farnous Napanee-priced all in your favor but giving you the benefits of a quality construction found in no other kitchen cabinet made. Whatever you do, don't miss seeing the Napanee. Let us explain to you the Napanee unseen service factors. They mean drawers that will never bind, backs that will never buckle, satisfaction that wiD never wane. Found only in the Napanee-and at no extra cost to youJ I LIBERAL CREDIT to Responsible Purchasers Ask about o u r F r e e Insurance Plan. All the popular sizes an~ newe~t Ct'\lnt effects. 8ef' them at our store today. No obligation. Come today. SMOCKS In addicion to our complete line of Dresses Coacs Hats We have just received a large shipment of Smocks in all colors which we are selling at the very low prire of S. ROSENBAUM CO. Store Open Thursday and Saturday Evenings 810 Davis Street Tel. Univ. 5023Chicago Stores $1.$0 each UNJOUE SffiE SHOP 1 i 3-120 Lincoln Ave. 5 228 N. Clark St. B. COPLAN. ~rop. r 26 Central Avenue Phone Wit. 2403