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Please ping me with articles of interest.
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Never would have guessed they would stoop to that.
/a
My County is represented in those 12 Counties.
They should name the school districts, not just the counties.
Are those pension funds in deep doo doo?
Betcha...
Shenanigans by school boards, who would have thought it?
My late mom lived in San Diego County. The local school board financed a new high school by negotiating bond deal that required the district to pay off the loan with a ballon payment, principle and interest in something like thirty or forty years—long after the current board members are dead and gone.
Here is a link to an article about a different S.D. County school doing something similar.
This is not new. Every government agency or any agency that receives government funds or grants does this. There’s hardly a place anymore where we’re not getting screwed/scammed
From last October...
Check out the spin that makes Linda Blair look like a piker...
Yes this is a game that is played. I tauhht several school districts how to do it for very beneficial purposes.
I taught schoold districts how to budget the Capital Reserve Fund to allow for the flexibility to meet unexpected expenditures in the genrral fund.
When money is transferred to the Capital Reserve Fund it cannot be transferred back to the General Fund.
However their are expenditures that can be paid from either fund.
For example, school busses could be purchased in the General Fund or the Capital Reserve Fund. Same with major repairs such as HVAC systems, roof replacement or repair.....
It is smart to transfer money to the CRF and budget it long term.
I’ll be honest, we also used it to hide the money set aside for teacher’s salary increases so they didn’t see the extra money during negotiations.
It is far better to use the CRF as a tool to level the wild swings in budgets and prevent huge tax increases in any one year.
It’s good to have the CFR as a contingency fund in the event a disaster suddenly breaks the General Fund Budget.
Yes it is open to abuse. That’s why I always recommended budgeting the CRF. I would have the administration look at all buildings and based upon expected life of building components and systems, budget long term for future expenditures.
A prudent person would do the same in their own life. If you know you need a new roof in three years, or a new car, you save and set aside money for it ahead of time.
Groomers
AND
Grifters.
Typical progs.
“We all want to provide schools the resources they need to effectively and efficiently teach our children. We’re willing to do our part,” DeFoor said. “But we definitely cannot allow school board to use legal maneuvers or take away the voice of our taxpaying citizens.”
I live in Pierce County, WA, and they have not run an independent audit on the school systems since before I came here in 1993. They choose to do it internally. For this reason I have voted every year against money movement on the ballot aimed at them. If they can prove they don’t have the money for a meaningful award, I would vote for it. But until they accomplish and publish a full audit of the funds earmarked and in hand for their operations, I can’t trust anyone with absolutely no transparency.
wy69
The teacher’s unions hate the CFR use as that money is not available to pay their salaries.
I taught SD’s to use zero base budgeting and justify every expenditure each year and not just increase the previous year.
I taught them to transfer budget surpluses to the CRF for future contingencies to avoid wild swings in the budgets.
A carry over of a surplus one year might lead to a huge deficit two years fown the road if you fail to match current operating expenditures with current revenues.
I retired many years ago. This was one of my areas of specialization. As a CPA, I conducted the independent audit of many districts.
Was on the state CPA committee establishing the guidelines and procedures. They were established to provide better accountability and transparency.
School district accounting used to be cash basis like the government. Wide open for manipulation.
We switched them over to accrual basis accounting to better reflect actual operations and stop the manipulation games.
If a district is trying to protect the taxpayers from the liberal Democrat spend, spend, spend teachers and unions, proper accounting must be done.
This article is written from the perapective of the liberal media using propaganda to manipulate people to help them get more money.
Don’t swallow the blue pill.
"WHAT? NYT Editorial Board Member Claims ‘Real Debt Crisis’ Is ‘Low Taxes'"
FR: Never Accept the Premise of Your Opponent’s Argument
With all due respect to Freeper parents, please consider the following.
If parents were making sure that the schools that they send their children to were reinforcing what parents are teaching their children about the federal government's constitutionally limited powers, then children could remind their parents of the following remedy for "insufficient" taxes to run schools.
In order for each state to find more funding for schools, and a lot of other things, ALL the states need to put a permanent stop to unconstitutional federal taxes by effectively "seceding" from the unconstitutionally big federal government by repealing the 16th (direct taxes) and 17th (popular voting for federal senators) Amendments (16&17A).
"Article I, Section 9, Clause 7: No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time [emphasis added]."
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
“If the tax be not proposed for the common defence, or general welfare, but for other objects, wholly extraneous, (as for instance, for propagating Mahometanism among the Turks, or giving aids and subsidies to a foreign nation, to build palaces for its kings, or erect monuments to its heroes,) it would be wholly indefensible upon constitutional principles [emphases added].” — Justice Joseph Story, Commentaries on the Constitution 2 (1833).
Pelosi: "We have to pass the bill so that you can find out what is in it." (non-FR; 6 sec.)
“Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves [emphasis added]. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)
If the repeal amendment was strictly limited to repealing 16&17A, then relatively little, or ideally no discussion would be required before ratification imo.
Also, unconstitutinal federal taxes are taxes which the very corrupt, post-17th Amendment ratification Congress cannot reasonably justify under its constitutional Article I, Section 8-limited powers and a few other constitutionally enumerated expenses.
When was the last time school’ districts downsized and cut taxes. It’s obvious what they are doing is working. There’s no management. There‘s no excellence. Just plenty of grift and grooming.
MADDIE HANNA (wrote this article)
“I cover K-12 education, focusing on suburban schools, charter schools, and education funding.”
She is an education reporter for the liberal Philadelphia Inquirer.
My cynicism and misanthropy are encroaching upon my good side.
Diogenes of Sinope (l. c. 404-323 BCE) was a Greek Cynic philosopher best known for holding a lantern (or candle) to the faces of the citizens of Athens claiming he was searching for an honest man.
By the way, I heard that cynics were called the “Dog Men” because like dogs they defiantly urinated in the street as a protest against society.