And yet while we have to pay the banks back no matter from what pot they take the money our classrooms can be funded from sources that could run short because they are based on “money [we] don’t have.” Like counting on paying for the classroom with sales old unwanted schools! You see, the banks come first. That’s the word from Bill Hanson.
A friend emailed me this sharp analysis from the District’s financial wizard today while apologizing for not having a date for the quote:
“The money we are talking about now can’t be used for the facilities plan,” Hanson said. “The facilities plan and how we get the money for that and how we spend the money for that has all been laid out in the plan that was submitted to the Department of Education. The commissioner of education approved that plan. We’re not really allowed to go in and deviate off that. … You couldn’t put a facilities plan together counting on money that you don’t even have.”
To make this a little clearer Bill says we can’t pay the banks back with potentially nonexistant money like that coming from potential building sales. We can however, by implication, plan our classroom budgets with such potentially nonexistent money. If we don’t make those sales its snip snip and voila, we’ll cut 4.5 million from the classroom.
Its worse than that because we will need to cut $4.5 million annually from the classroom until 2027. That’s not a problem for the Banks because they get first dibs on our taxpayer’s resources. If we didn’t give the banks that assurance the whole financial underpinnings of America would crumble.
Kids though? Thank goodness they are “resilient.”
And let’s hope Rick Perry’s Texas children are resilient because they face some pretty hard times thanks to the Republicans who rule Texas like rats rule the sewer.