Newspapers / The Transylvania Times (Brevard, … / Nov. 1, 1973, edition 1 / Page 33
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QUESTIONS Million School 1. Why will the Bond Issue not cost more tax money? _____ ssive retirement of the public debt has given North Carolina an J* * I* Credlt ratin9 and a sound reputation for fiscal management, increased rpvpnne —a i , , .. increased revenue generated by our stable and expanding economy are ex pected to absorb the cost of incurring this debt. rj 2. Why borrow to meet our needs rather than directly allocating funds from the state's General Fund surplus? It has been determined by the General Assembly and the state's fiscal managers that a bond issue is the most practical means of providing funds to meet our needs for learning facilities. A continuing surplus could be use °r early retirement of the debt, at great savings to the state. The surplus is, to some degree, illusory in that it is a result of an infla tionary economic trend and in that a major portion of the surplus is made up of Federal revenue sharing funds which could be discontinued at any time* 2 2. Would this be the first time North Carolina has had a statewide bond issue to provide funds to meet local needs for learning facilities? Nol In 1949, 1953, and 1964, voters overwhelmingly approved state wide bond issues of $25 million, $50 million and $100 million. ±. Why do^we need $300 million? Inflation, increased construction costs, the recently instituted kin dergarten system and class size limits, and a greater degree of long term planning has made the present proposal the largest school construction bond issue in North Carolina's history. 2. Is there a matching funds requirement for local communities? Nol Though experience indicates that additional local money will be generated by the contribution of the state, there is no requirement that local administrative units provide any matching funds in order to receive their share of the bond proceeds. How has the formula for the allocation of the bond proceeds been determined? Funds will be allocated on the basis of school population, where the children are: specifically according to average daily membership during the 1971-72 school year. 2. How soon will funds be available to local administrative units? In 1964, proceeds of the school construction bond issue approved in of that year were available within six weeks; several projects were underway within six months. Local boards should now be preparing plans for submission to the State Board of Education in order to facili tate access to funds and save time and money. &. How will £unds be used? The legislation calling for the referendum authorizes the bond pro ceeds to be used for "construction, reconstruction, enlargement, improve ment, repair and renovation of public school facilities,' and for the purchase of equipment essential to the operation of the facilities. Provided: ... the State Board of Education determines . . . that any funds allocated ... are not needed (by an administrative unit for the above purposes), such funds ... may be used for the retirement of school bonds heretofore issued by the county in which such admini ■*+native unit is located.” Bond proceeds will not be used for purchase t land. What statewide organizations are behind the campaign in support of the Bond Issue? Leaders of the following organizations, as well as many others, are actively involved in both the state and local campaigns: N.C. School Boards Association, N.C. Association of Educators, N.C. Congress of Parents and -Teachers, N.C. Jaycees, N.C. County Commissioners Associa tion, N.C. Federation of Womens Clubsr N.C. State AFL-CIO, N.C. Merchants Association,.N.C. League of Women Voters, N.C. State Grange, N.C. Farm Bureau Federation, and N.C. Electric Membership Corporation. In addition, the great majority of local school boards and boards of county commis sioners have formally endorsed the Bond Issue and are actively working for its passage. campaign emphasizing information at the school district bond community ^as its awn unique situation and educational needs, identify with the educational system and needs in their own ty and need to know how much their own system will receive from oceeds and what the Bond Issue will do for each individual com In this way, voters will be better able to make informed judg fits of the Bond Issue throughout the state. HOSPITAL AUXILIARY SELL ING FRUIT CAKES — The Tran sylvania Community Hospital Aux iliary is selling Claxton Fruit Cakes with the slogan: “Have your cake and eat it too, helping others as well aa you.” Shown in the above photo are Mrs. Cliff Brookshire, left, and Mrs. Jack Bryant, right, co-chair men of the cake sale. The old fashioned, Georgia-made fruit cakes are on sale in various Brevard busi nesses and are being sold on the street by members of the Auxiliary. (Times Staff Photo) Hospital Auxiliary Planning Bigger, Better Yule Bazaar The Transylvania Community Hospital Auxiliary is planning a bigger and better Christmas Bazaar this year. It is to be Nov. 15th at the American Legion Building. The Bazaar is one of the many ways of raising money for the projects the Auxiliary. Their main project last year was drapes for the new Hospital. This year the main project is to buy a Fetal Monitor De vice for the Hospital. This monitor is a sophisti cated modern electronic means of measuring a babies well be ing during labor. The Hospital Auxiliary hopes everyone will make things for the Bazaar, as well as coming to the big event. The chairman for different booths are listed below. “If you have anything to do nate to the Bazaar, feel free to call these chairman and they will be glad to give you further information. Boxes will be put in Pattersons of Brevard, First Union National Bank and Bre vard Pharmacy, for collection of any items one might donate for the Bazaar,” says the presi dent. The chairmen are: Mrs. Ray Simmons Mrs. William Millner Mrs. Ben Patterson Booth Chairmen: Mrs. Robert Bolt, 883-3748— Covered Dish Supper At Hk Legion Building There will be a covered dhb ■upper at the American Legion budding on Saturday night, November Sth, beginning at 7:15 o’clock. The supper is for members and their out-of-town guests. Legionnaires and auxiliary members are cordially invited to attend. Dance There will be a dance after wards, beginning at 9:00 o’clock. The dance will be for mem bers only and their out-of-town guests. No admission will be charged Candy Mrs. J. S. Carpenter, 8834336 —Baked Goods Mrs. Walter Clayton, 883 4283—Country Kitchen Mrs. Gil Coan, Jr., 883-3996 —Crafts Mrs. Glen Echols. 8834572 White Elephant Mrs. Walter Helms. 8834540 —Toys and games Mrs. J. B. Scroggin, 883-9833 —Christmas Booth Mrs. J. W. Arden, 8834497 Luncheon Again this year, lunch will be served at the Bazaar. So plan to eat there, says Mrs. Simmons. Claxton fruit cakes are also being sold by the Auxiliary. Mrs. Cliff Brookshire, and Mrs. Jack Bryant are chairman of this project When yon think at preeertp Uem. think of VAINO*. ado. VOTE FOR CORNELIUS HUNT FOR BOARD OF ALDERMEN , s"ir: _ fvVC,, I BELIEVE IN: Continued Improvement In Race Relations . - Brevard Housing Authority's Efforts In Providing Much Needed Housing Most Efficient Use Of Tax Monies City And County Cooperation To Provide Needed Services Better Services For Youth. Especially In Jobs And Recreation Mayor Campbell And The Continued Progress In Brevard -* AD PAID FOR BY Prog ress In City Government
The Transylvania Times (Brevard, N.C.)
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Nov. 1, 1973, edition 1
33
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