When was it published?

October 10, 1962 in The Sidney Herald

Domestic News October 10, 1962

The Sidney Herald

Q: What keywords are associated?

Montana Schools, Funding Problems, School Lands Income, Foundation Program, Property Taxes

Sidney, Richland County, Montana

View full issue View on Library of Congress PDF Page 21

What is this article about?

Montana school boards face funding challenges from low income of state school lands, prompting scrutiny and suggestions to raise it to ease property taxes. The School Foundation Program, meant for 80% of school finances, is declining and expected to cover about 67% of budgets in 1962-63.

Clipping

OCR Quality

98% Excellent

Full Text

One of the common problems of all Montana school boards is trying to provide adequate funds for school operations. Since income from school lands has always been a basic source, the public has been giving a closer look at the low level of current income from state lands. Raising the income to an equitable level is a possible way to reduce ever-growing property taxes.

Montana's School Foundation Program, originally designed to provide about 80 per cent of a school's finances, has been providing a smaller and smaller percentage each year. It is estimated that the Foundation Program will average about 67 per cent of school general fund budgets for 1962-63.

What sub-type of article is it?

Education Economic

What keywords are associated?

Montana Schools Funding Problems School Lands Income Foundation Program Property Taxes

Where did it happen?

Montana

Domestic News Details

Primary Location

Montana

Event Date

1962 63

Outcome

school foundation program estimated to average 67 per cent of school general fund budgets for 1962-63

Event Details

Montana school boards struggle to fund operations due to low income from state school lands, leading to public scrutiny and proposals to increase income to reduce property taxes. The School Foundation Program, designed for 80 per cent of finances, provides a decreasing percentage annually.