South DaCola

Even with record building permits, why can’t the school district trust capital outlay to fund new school construction?

First, the puzzling news today that the school district doesn’t have a Plan ‘B’ if the bond fails. I would think if it fails on September 18, they would quickly go back to the drawing board and present another bond to be on the ballot in November. Makes you wonder if they are just assuming they have it in the bag. Things that make you go ‘Hmm.’

But what is even more puzzling to me is that they don’t want to pay for these schools through the capital outlay by raising levees when we have had close to a decade of record building permits. With all this new commercial tax revenue coming in (and housing prices going through the roof) you would think it would be a cake walk to just borrow half now and pay down the rest through the levees?

This whole thing stinks to high heaven.

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