Saturday, September 26, 2020

July 21, 1921 - Milan Township Financial Statement

The Shabbona Express published the Milan township financial statement on page 6 of their July 1, 1921 edition.    The paper listed the financials for the individual rural schools for the July 1, 1920 - June 30, 1921, unlike the previous year's financial statement.


The Browne school district #80 began the year with $474.75 and ended with $1507.52.    


The Browne school expenses for teacher salaries for the year was $895.    The value in 2021 when considering inflation would be $12,995.90 which is not considered a living wage.

New equipment for the year totaled $94.12.   I wonder if that was for gym equipment.      The value of $94.12 in 2021 would be $1,366.67 adjusted for inflation, a better outcome than the annual salary.


The photo above might have been similar to the merry-go-round at the Browne school.



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