Tag "construction” bonds"
Back to homepageL.A. Times: 30-year borrowing to buy short-lived iPads? Ho hum.
June 19, 2013 By Chris Reed All over California, school districts are doing illogical, unethical, unseemly things with their finances. Unconstitutional attempts to make parents pay for basic educational materials. Siphoning funds from federal school lunch programs for the operating
Read MoreKFI’s John & Ken talk about CalWatchDog.com report
Feb. 20, 2013 By Chris Reed John & Ken of KFI 640 AM Los Angeles had me on Tuesday to talk about my CalWatchDog.com report on the L.A. Unified School District committing to spending $500 million in 30-year school “construction
Read MoreDriving K-12 scams: push to preserve automatic teacher raises
Feb. 12, 2013 By Chris Reed The state Senate committee report last week showing districts stealing federal funds meant for school lunch programs came as no surprise to students of California’s education establishment. There’s a strange mentality afflicting school governance
Read MoreSchools chief who tolerates bond scams wants to float own bond
Dec. 5, 2012 By Chris Reed The use of 30-year school “construction” bonds to pay for routine maintenance and short-lived electronics like laptops is a huge, ongoing, but basically uncovered scandal in California. Since automatic annual pay raises for most
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