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Post by avordvet on Aug 4, 2013 5:39:55 GMT -5
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Post by watchful on Aug 4, 2013 7:01:02 GMT -5
Once more we see a tirade based upon unreal costs. When the County/City Build a school it does so with a combination of "OUR" collected taxes they couldn't spend some place else. Then they add a bond referendum which we always pass since no one wants the kids to suffer. The bond referendum is based upon borrowing money from people who agree to loan the county/city cash in return for interest paid for by "OUR" taxes. These rich guys also get that interest "TAX FREE" as a municipal bond. When the school is finished and the Bond matures (not necessarily when they finish the school) they pay back the loan with "OUR" taxes. So then they have the school and call the supply folks for x number desks. While most are already in a warehouse they buy any additional desks and chairs with "OUR" taxes. Then we send in our kids with a box of supplies they sent us a letter to provide. The school needs maintenance, grass cutting, and electricity (why 24 hours I haven't figured out yet but most schools run the lights all night long. Probably so the hired security guard won't need batteries for their flashlights at night. With all these expenses prepaid by "OUR" taxes how does the cost of educating junior go up every year? They use what I call all money not used evaporates every year. The school cost, including as you see in the article the building costs, are restated in the budget. The supplies we send in are again restated. The costs of the teachers who are longterm employees are restated based on rates not paid to the teachers. Where does it go! The answer is that these figures are used to fill in the budgetary cost analysis that we see as the bill while they provide the real costs in the Comprehensive Annual Financial Report that they file quietly and whose numbers they never use when talking to us. It is filed for you to read though and while it is written as accounting versed as possible so you won't read it it is the real truth and as such a must read before you vote for another Bond Issue or Tax increase. It is your duty. It is also very fun. You ask the county manager or City Manager for the C.A.F.R. and he tells you that it is a classified document. You smile and ask him if he ever read the State Constitution where it says he must post that document so why is it classified. His face falls and he sends you to see a little lady in the back who tells you that by law it is on file in the County clerk/City Clerks office and if you want a copy to ask them for a copy as the law requires.
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