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Just like that, over $2.6 BILLION in new debt.

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 09:43 PM
Original message
Just like that, over $2.6 BILLION in new debt.
Voters handed the Dallas school district a narrow victory Saturday, approving a $1.35 billion bond program to build 15 schools and renovate many others.

Voters in three suburban school districts approved significant bond proposals Saturday totaling over a billion dollars.


http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/051108dnmetdisdbond.ea346419.html

http://www.dallasnews.com/sharedcontent/dws/news/localnews/tv/stories/DN-surburbanbonds_11met.ART.State.Edition1.46d79f4.html
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 09:46 PM
Response to Original message
1. It may be costly, but this seems like as good a cause as any to increase debt.
The Dallas metro area is growing rapidly and new schools need to be built. By 2050 the Dallas metro area will have about the population of present-day Ohio.
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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 10:40 PM
Response to Reply #1
7. Let's hope Dallas voters are just as generous for the Parkland Hospital bond
vote in November. Cuz we need the money more than DISD does and it sure as hell won't be going to an institution that's going to take the money for granted or abuse it!!
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 09:47 PM
Response to Original message
2. San Antonio just approved a raise in the tourist tax
but not for hings like building schools.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 09:49 PM
Response to Original message
3. The US spends that much every couple of weeks in Iraq...
...and I'm sure they'll get more than a couple of weeks of utility out of 15 new schools.

:shrug:

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EvolveOrConvolve Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 10:00 PM
Response to Reply #3
4. I think we spend that much every few days
The last I saw, we were spending more than a billion dollars a day in Iraq.
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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 10:20 PM
Response to Original message
5. Guess the ongoing DISD spending scandals didn't influence voters
How many times in the past year have we seen about DISD workers being busted for district credit card abuse and other spending issues?

http://www.dallas.org/node/177

http://www.dallas.org/node/28

They're everywhere you want them to be, when it comes to Mastercard and Visa in the Dallas Independent School District. Credit card spending alone, according to records obtained by Dallas.Org, totaled $19,921,229.76 for the 13 month period ending December, 2004.

Procurement cards are ordinary credit cards issued by DISD to its employees allowing purchases to be made outside the normal purchasing channels. Procurement cards work the same way as any other credit card, allowing employees to charge goods and services.

DISD, rather the taxpayer, gets the bill.

-------------

Misspending FEDERAL grants:

http://dallasisdblog.dallasnews.com/archives/2008/02/366472-problems-for-the-distri.html

DISD has settled an employee's whistle blower lawsuit by agreeing to repay the federal government $336,472.50 in grant money it received for HIV education programs.

The money, paid over three years, was to provide two full-time employees to the program. The district, however, assigned those employees other tasks but still paid their salaries from the grant, according the original lawsuit.


The whistle blower's lawyer, Rob Wiley, said DISD took the money from the Center for Disease Control and "pretty much did whatever they wanted to with it."

---------

http://dallasisdblog.dallasnews.com/archives/administration/

(Blogful of scandals/misspending)






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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 10:35 PM
Response to Reply #5
6. One glance at that and I knew they'd have a link to that nutjob Sharon Boyd
Too funny. :rofl:
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