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School district poised to use controversial bond issuance

Original post made on Feb 21, 2016

The Mountain View Whisman School District is moving forward with an aggressive school construction schedule, and school officials want all of the $148 million in remaining Measure G bond money on hand, and fast.

Read the full story here Web Link posted Friday, February 19, 2016, 12:00 AM

Comments (1)

Posted by CABs are WRONG
a resident of Rex Manor
on Feb 21, 2016 at 6:43 am

I agree with Board member Coladonato.

I find it appalling that “Board president Ellen Wheeler said she disagreed with Coladonato, but did not explain her position further.” (Don't vote for something you don't understand - like compounding interest.) And Board member Bill Lambert’s response “…really thinking of the best interest of our school district.” (Really? What happens in the future when they need more money because CABs are long term obligations and there enough districts that have problems due to CABs [beyond Poway]? What then?)

CABs are irresponsible because what you are saying is that you don’t have enough money for the capital building campaign now - so cut the budget? You’re pushing off hard decisions to the future with Wall Street avarice compounding on-top under the ruse "for the children." This is irresponsible budgeting especially when Clark already shifts funds from one bucket to another to meet other objectives like pensions.


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