[quote=carli]Hey, BG, if you’re implying that SDUSD is too savvy to ever be duped by one of these bond debacles, think again – http://www.voiceofsandiego.org/education/article_3f780860-e0b7-11e1-821b-001a4bcf887a.html
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Lol … thanks for the link, carli! Well, at least we know they haven’t yet spent any of their ill-gotten “funny money” on a new HQ (like “top-down” PUSD did).
SDUSD’s only saving grace is that they likely have 4x the taxpayers to foot their “future interest due” of $1.05B which is only 16.5% higher than PUSDs “future interest due” of $877M. This is taking into account that parts of SR and all of PQ and RB are part of the City of SD and are not within SDUSD but are within the PUSD.
IMHO, this is really crazy-making by these four SD Co school districts. They’re mortgaging themselves (and, as a byproduct, their taxpayers) into oblivion.
Sorry to hear about those school bonds on your ballots, carli. You better hope you don’t have at least 30% registered renter-voters, ESP those renters who live there specifically for their kids to attend those schools.
A large contingent of voting renters is enough to get these bonds passed and they don’t care … ESP if they signed a long-term lease. Renters don’t (directly) pay property taxes.
