{"id":1427,"date":"2008-08-27T12:51:30","date_gmt":"2008-08-27T17:51:30","guid":{"rendered":"http:\/\/lincolndemocrat.com\/?p=1427"},"modified":"2008-08-27T12:54:13","modified_gmt":"2008-08-27T17:54:13","slug":"a-good-question","status":"publish","type":"post","link":"https:\/\/lincolndemocrat.com\/?p=1427","title":{"rendered":"A good question"},"content":{"rendered":"<p>Karen asked me this question this morning. I gave her a long tortured theoretical explanation. She scratched her head then asked me again. You know, the simplest questions are some of the best. I&#8217;d like the newspaper to ask Dr. Dixon or Bill Hanson for an explanation.<\/p>\n<blockquote><p>&#8220;Sorry to ask again. But since I am confused, no doubt my question is not stated well. <\/p>\n<p>Why is the district selling bonds for the entire amount of plan if there will be savings and the plan will only amount to about $125mil, not $250?<\/p>\n<p>And, if the district does see the projected $5.3 mil\/yr savings (eventually)where does that amount go? If they pay off the bonds we should see a reduction in our property taxes.<\/p>\n<p>I know I am missing something. (I do not believe there will be a savings, but I want to call them on this.)<br \/>\nThanks,  Karen&#8221;<\/p><\/blockquote>\n<p>Here&#8217;s my inadequate reply:<\/p>\n<blockquote><p>&#8220;We all are missing something. I guess the answer to the first part of the question is &#8220;insurance.&#8221; Surely if the plan was only going to cost a guaranteed $125 million that&#8217;s all they would need to bond for. If they have doubts about the savings then it requires a cushion. In this case a very big cushion.<\/p>\n<p>As to your second question. Search me. But Rxxxxxx and Kxxxxx have been making calculations showing that JCI stands to earn over $55 million. That would account for almost half the extra.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Karen asked me this question this morning. I gave her a long tortured theoretical explanation. She scratched her head then asked me again. You&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[],"_links":{"self":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/1427"}],"collection":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1427"}],"version-history":[{"count":0,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/1427\/revisions"}],"wp:attachment":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}