Report of Hon Jlm Curry General Agent to the Trustees of the Peabody Educ

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Report of Hon Jlm Curry General Agent to the Trustees of the Peabody Educ
Peabody Education Fund General Agent
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. . 482, 000. 00 Net total from taxation . $1, 930, 000. 00 Interest on county, State, and railroad bonds $357, 365. 00 Interest on land notes 410, 000. 00 Lease of school lands 315, 000. 00 - $1, 082, 365. 00 Transfer from permanent school fund . . $168, 000. 00 Cash in treasury 50, 000. 00 218, 000. 00 Total available State school fund for the year $3, 230, 665. 00 The State Board of Education has this year appropri- ated for public school purposes $3, 001, 069. 00, the deficit being caused b...y change in the law and the falling off of receipts from certain sources of revenue. The Bureau of Education calculates the value of universities and col- leges, including productive funds, at $2, 683, 575. 00. The assessed value of the property in the State for last year was about $854, 894, 795. 00. There are fifteen States with larger school revenues, and five with more children of school age. Sparseness of population, in an area of 265, 780 square miles, as much as New England, New York, Pennsylvania, Ohio, Illinois, Delaware, and half of New Jersey, is a most serious drawback to the efficiency of free schools.

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