The artist's conception above is reprinted from the April edition of Chalk Talk, Warren County Schools' newsletter. Shown are the funding sources expected to provide in excess of $821,0(0 annually for school building projects. The impact of the three guaranteed sources of funding? the restricted one half cent sales taxes, the Basic Education Plan and Increased corporate income taxes? will have an even greater impact if the request made to the fourth source, the Critical Needs School Facilities Fund, is approved. Using these resources, bond debts can be retired over a 20-year period without an increase in property taxes. Main Street Limb Splintered By Van One of Main Street Warren ton's trees is short one of its < boughs following an encounter of the worst kind with a transfer truck early Monday night. A North American Van Lines driver had been travelling north along Main Street when, at about 7:30 p.m., he pulled over to the right of the street? in front of BB&T? to allow another truck to pass. During that maneuver, un known to the driver, a limb from the sturdy tree that has grown for years in front of the financial in stitution became caught between the cab and trailer of the North American truck. The unidentified driver con tinued down Main Street, but soon realized what had happened and returned to the scene. According to Warrenton Police Officer Sara Solorz, the driver apologized for the damage to the tree and offered to pay? before continuing on his way. No Warren Property Tax Increase Indicated As School Officials Urge Bond Issue Passage By THLRLKTTA M. BROWN News EMI tor Area residents and businesses in Warren County last week received a special edition of Chalk Talk, Warren County Schools' newsletter, which focussed on the approaching $11.35 million May 3rd bond referendum for school capital improvements. Filled with eye-catching graphics, the special edition featured the following headline: "No property tax increase in dicated; funding guaranteed by 1987 Finance Act." The headline referred to the School Facilities Finance Act enacted last year by the N.C. General Assembly, which pro vides three sources of funding for school construction: (1) the restricted one-half cent sales taxes, which are expected to con tribute $427,000 annually; the in crease from five to six percent for the corporate income tax rate, which will result in about $161,000 annually; and the Basic Education Plan (BEP) that will provide $233,000 annually. According to the special edi tion, the three sources will pro vide for Warren County annual allocations of $821,000 to finance construction projects and retire the bonds. A fourth source of funding is also explained in the special edi tion. The Critical Needs School Facilities Fund may provide up to $3.1 million, if the application submitted recently receives ap proval. Notification of that award will not be received until after the May 3rd school bond referendum. The $11.35 million sought by the Warren County Board of Educa tion will be used for four projects: ?construction of a new middle school at a cost of $7 million. (John Graham and Norlina mid dle schools would be closed. ) Current Plan of Organization Proposed Plan of Organization The drawing! above, reprtated from the February, 1N7 edition *4 Chalk Talk that was dfctrftmted laet week with Ike *nU April edt Mm of the pobUcatlea, depict the cnrrent and pripiied pinna el orgaalsattea far Warrea Coaaty School*, U Warren Ceaaty dtiseaa caat peatttve vatee la the apeea^g bead refereadaa. Uader the car nl piaa id nriaahattea fhr rlraimtrr irhrah earre m "fcinifcr*" far twe aUdile echeela la the flaw e( atadeali aleai the path te War> tea Ceaaty Ugh SchaaL Uader the prepeeed plea, made peaelble oa ly thresh Ae IIUI ?flbea bead refera^aa, ealy fear eleawatary ,ch..le Northrtde, Marlam Boyd, Soath Warrea aad Vaaghaa weaM senra ae "feeder*" fer oaly ?ae middle *ch*?t, a mem (trac ?construction of an addition at Northside Elementary School at a cost of $1.39 million. (North Warren and Hawkins elementary schools would be closed.) ?site improvements and con struction of multipurpose rooms at the South Warren, Vaughan and Mariam Boyd Elementary sites at a cost of $1.06 million. Emphasized in the special edi tion was the fact that voters on May 3 will decide on three separate bond issues: county buildings at a cost of $1.6 million, a new law enforcement center at a cost of $1.55 million and school buildings at a cost of $11.35 million. Four public hearings have been set by the Warren County Board of Education for the month of April to clarify the issues and to receive comments from citizens : Tuesday, April 19 at Vaughan Elementary School; Thursday, April 21 at South Warren Elemen tary School ; Tuesday, April 26 at Northside Elementary School and Thursday, April 28 at Mariam Boyd Elementary School. Copies of the special edition of Chalk Talk are available at the Warren County Schools' Central Office on Cousin Lucy's Lane. Commission Approves Issuance Of Bonds The application for approval of the issuance of general obligation bonds for projects in Warren County was approved on April 5 by the Local Government Com mission of North Carolina. In a letter sent April 6 to Coun ty Manager Charles J. Worth, John D. Foust, North Carolina deputy treasurer, confirmed ap proval by the state controlling body for Warren County to issue the $14.5 million bond package. The three components that make up the items to be voted on separately by citizens when they go to the polls on May 3 are: county building bonds totaling $1.6 million; school bonds totaling $11.35 million and law enforce ment center ( jail ) bonds totaling $1.55 million. The Local Government Com mission is a division of the State of North Carolina Department of State Treasurer, which is located in Raleigh. Included in the application, which was submitted on March 1, were a number of items, among them certified copies of the resolutions, publisher's affidavits of the notices of intent, and capital budget and related information. Also included was ad valorem tax information for the three immediately past fiscal years. For 1904-85 the approved valua tion for Warren County was |23B,062. With a county tax rate of $1.00, the levy was $2,382,104. For 1985-86, the valuation was $419,392,233. At a county tax rate of 69 cents, the resulting levy was $2,954,891. For 1986-87, the valuation was $433,307,337. A levy of $3,227,194 was based on a county tax rate of 73 cents. For the current fiscal year, a county tax rate of 76 cents will result in a levy of $3,382,336. War ren County's valuation for 1987-88 is $439,161,168. According to a timetable re leased at a recent meeting of the Warren County Board of County Commissioners, following the May 3 referendum, election results will be canvassed by the Warren County Board of Elec tions. By May 25, or sooner if the county commissioners convene in a special meeting, a statement of the results of the referendum will be published in area newspapers. Spirit Protection Parents on the Sea islands off Georgia and South Carolina pass their infants over the coffins of de ceased relatives to prevent spirits from bothering the children, says National Geographic. r ^ We Have Everything You Need To Start A House Foundation vents (Aluminum & Black Plastic), mortar, nails by the case, house plan books, brick samples, shingle samples. We have knowledgeable salesmen that will give personal service Complete line of lawn & garden sup plies also Get Ready For Spring & Summer Falkner has a complete line of pressure treated lumber with a 40 year warranty? (Osmose)

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