As I was reading this article about teacher raises (which I fully support) something else in the article concerned me;
The school district can afford the pay hike because it has spent less than it planned to for years and has an oversized reserve fund. Their 2013-14 budget alone looks to spend $6.6 million of their $22 million in general fund reserves.
$22 Million in Reserve Funds! As our property taxes continue to increase why does the school district have so much in reserves, when . . .
1) They haven’t discussed substitute teacher pay increases.
2) The city continues to give out property tax breaks in the form of TIF’s to private developers.
3) There has never been a discussion about building a public indoor pool at one of the High Schools.
It seems the school district is swimming in money, so why do my taxes continue to go up?