Sunday, May 01, 2016
On Tuesday May 3, the Crestwood School District will be requesting a $35 million Bond proposal on the ballot. I certainly will not support it. First of all they have close to $6 million in their fund equity, This is supposed to be held for emergencies and funding until the next payment from the state. It is not the fact that it exists, it is the amount that I have trouble with.
While sitting on millions of dollars they are forgoing normal maintenance. I looked at the pictures on their website of some of things that they plan to use the money for and was disgusted that they had not made the repairs out of their general budget. Some of the repairs look bad but are very inexpensive to repair. Others look to be more serious do to neglect.
There are some costly repairs that need to be made but before they ask me for more money they need to trim down a few million from their fund equity.
I went to a meeting with the committee supporting the bond and some of them tried to place the blame on previous administrations.Those people have been gone for years. Some of the things they are requesting are wants not needs.
They act like they are totally unaware of unemployment, the economy, inflation which most government entities say does not exist, and taxes which take up an average 52% of our income if you include state and local taxes. People are still losing their homes and there are prediction the stock market is on the verge of a crash that will make 2008 look like child's play.
I will support a bond issue only when they face reality. 3.5 mills is to much. That is $3.50 for every $1,000 of taxable value.
I'm Voting NO on May 3.