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Friday, April 6, 2012

Mesa Public School Wants $250 Million From You!


Mesa Public Schools $250 Million Bonds


As reported in the East Valley Tribune, Mesa Public Schools or MPS is looking to hit Mesa's residents with a $250 million bond package for maintenance and repairs. That is Maintenance and repair for it's 87 campuses. If approved by voters, the bonds will be paid back with a tax levied on
on real estate, in other words your home.

Over the years Mesa residents have approved bond package after bond package after bond package. As a result Mesa Public Schools have become dependent on your taxes to sustain themselves. When they are short on money they go to the public trough to cover the shortfall, knowing darn well that you the public will always fund education with out question. Why because they kow we want what ia best for your kids. They play on our emotions.This is not an emotional issue.

While there my be a need for bonds and I do believe they have a purpose, I do not believe that they should be used for maintenance and repairs. If you are going to use credit (bonds) it should be used for something that outlives the payback period and returns something to you.

So before you vote to approve the bonds ask yourself and ask Mesa Public schools these simple questions. 1) What is the money going to be used for? 2) Whats the expected life of the item? 3) What is the payback period and will the item out live the payback period? If the answer to the last question is "NO" then the
vote on the bonds should be "NO"

Think before you vote. Ask yourself would I do the same with my on money?

1 comment:

  1. This is not what's best for our kids. The schools are under-performing. 70.1% of college-bound High School Graduates do not qualify to go to MCC without taking remedial courses. We must change the status quo. The schools have been run by the Administration for so long without nary a sound from the School Board...Let's say no to over-rides until we change the status quo. By change, I mean get better results. Currently, when it comes to education, we are paying for a Lexus and we are being handed a Pinto Wagon...

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