Channel 13 news put a price tag of 90k on this bussing plan.
Plus there will be the need for new busses at a cost of 200k each. 5 new busses = $1 million.
Is this fiscally sound to make these plans for expenditures when funding is in question?
With the recent events like "Run on the Bank – The State Board of Administration’s high risk investments, including non-prime mortgages, resulted in a run on the Local Government Investment Pool, the subsequent closure of the account for a week and only limited withdrawals. (excerpt from Larry Hughes' Access e-newsletter 12/07)"
Table the bussing issue for a year or two.
Tuesday, January 15, 2008
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