Rhino Reporter “Gets” the School Board

Paul C. Clark from the Rhinoceros Times seems to understand  how the school board likes to play shell games with school bonds and federal funding as a way to spend taxpayer money without their approval.

County voters approved $457 million in bonds in May 2008.  And they have a capital surplus of over $125 million on hand to use for maintenance.

Now the school board is eyeing $34 million in federal stimulus money that they will get now, but taxpayers will have to repay later.

Clark knows where to go for the money quote:

“The taxpayers have entrusted us with a system that was created a long time ago for raising money,” [School Board member Amos] Quick said. “This is a new way that they have not approved. We’re changing the ball game here.”

Quick described the bonds as a tax.

“I think this is a way we’re levying a tax on the citizens of Guilford County if this goes through,” he said. “I think we have to be careful about things like that.”

Read the entire article from the Rhinoceros Times.

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3 responses to this post.

  1. Posted by mjsunshine on July 23, 2009 at 6:27 pm

    I think the school board is all about obfuscating what they are doing with the funding they get from the county. Wish they would put everything online like that other county in NC (I forget which one — probably NCtransparency has it).
    My dad told me once that people always vote “yes” on school and parks bonds and I’ve found that to be true. Personally, I vote “no” on all bonds out of principle!

    Reply

  2. Posted by g4greene on July 23, 2009 at 6:46 pm

    Thank goodness we have the Rhino to get a reporter on these things!

    Reply

  3. Posted by mjsunshine on July 24, 2009 at 12:16 pm

    I wonder what kinds of strings the feds will put on these “interest free” bonds once the states/municipalities agree to accept them? Like what happened with TARP. There’s no such thing as a free lunch and certainly not here with an administration that thinks you can’t let a good crisis “go to waste”. I am very disappointed with our school board. I’m not sure why maintenance is ever paid for with bonds at all. They complain that the county won’t give them the money they are asking for but refuse to show what they are spending it on! I suspect there are a lot of things that could be cut within the school budget if only it could be dragged out into the sunlight!

    Reply

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