South DaCola

Should the Sioux Falls School District have an independent audit before they borrow money?

A SouthDaCola foot soldier informed me today that my letter made the dead tree version of our local paper (but I can’t find it online) so I have it below. But he told me that after working for the SFSD that their is incredible administrative waste and there should be an audit.

I wonder when the last time the School District was externally audited?

My letter;

We have NO choice but to build new schools. But if we borrow the entire $190 million we will pay up to $110 million in interest over the life of the loan. That is $110 Million to bond investors, NOT education.

The school district has presented NO plan on early payoff and no fiscal plan on staffing the new schools. They also have NO plan to end open enrollment which has created segregation, NO plan for redistricting until after the new facilities are built and NO idea where the new schools will be located.

Some members of the Envision task force that organized this bond vote have significant conflicts of interest in financial and technical contracts with the District.

The District has already spent thousands on a push poll survey postcard and Ignite Newsletter. It is a possible violation of state campaign rules using tax dollars to promote a bond issue.

The 13 precinct vote centers election mostly in the southern part of the district is also troublesome. The election should be held with the general in November. Not only would it make it more convenient, cost less, have a higher voter turnout and use all the precincts it would also be electronically documented. The E-Poll books being used for the vote center special election failed during the statewide primaries. If not working properly there could be repeat votes and NO way of tracking them since we are hand tabulating the vote.

There is a better way.

I suggest we borrow only $100 million and pay for the future facilities through the capital outlay over time. The District’s finance department said they couldn’t ‘trust’ Pierre regulating levees. The Sioux Falls School district spends thousands lobbying our State Legislature. They need to do a better job. Either plan will raise our taxes, but I believe this alternative plan will put more of our tax dollars towards the projects and less to bond investors. VOTE NO on September 18 and tell the school district to go back to the drawing board with a fiscally responsible plan.

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