Tuesday, March 19, 2013
U City School's Prop U: Where has all the money gone?
For U City residents, there will be a proposition on April's ballot which, if passed, will allow the district to borrow 19 million for improvements and repairs. Prop U will provide funds for "facility upgrades and needed repairs." However, why should citizens allow a school district that let it's buildings deteriorate borrow millions of dollars? Further, University City citizens have had to increase their property tax payments to the District 7% every year since 1996. During this time inflation has only increased 2½% annually and enrollment has declined. The district should make an accounting of increased payments before being allowed to put taxpayers on the hook for another 19 million dollars.
Posted by ted e. at 9:33 PM