<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	
	xmlns:georss="http://www.georss.org/georss"
	xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#"
	>

<channel>
	<title>school financing &#8211; CalWatchdog.com</title>
	<atom:link href="https://calwatchdog.com/tag/school-financing/feed/" rel="self" type="application/rss+xml" />
	<link>https://calwatchdog.com</link>
	<description></description>
	<lastBuildDate>Wed, 05 Dec 2012 14:30:18 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	
<site xmlns="com-wordpress:feed-additions:1">43098748</site>	<item>
		<title>Schools chief who tolerates bond scams wants to float own bond</title>
		<link>https://calwatchdog.com/2012/12/05/schools-chief-who-tolerates-bond-scams-wants-to-float-own-bond/</link>
					<comments>https://calwatchdog.com/2012/12/05/schools-chief-who-tolerates-bond-scams-wants-to-float-own-bond/#comments</comments>
		
		<dc:creator><![CDATA[CalWatchdog Staff]]></dc:creator>
		<pubDate>Wed, 05 Dec 2012 14:30:18 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Politics and Elections]]></category>
		<category><![CDATA[construction" bonds]]></category>
		<category><![CDATA[Chris Reed]]></category>
		<category><![CDATA[CTA]]></category>
		<category><![CDATA[routine maintenance]]></category>
		<category><![CDATA[school bonds]]></category>
		<category><![CDATA[school financing]]></category>
		<category><![CDATA[Torlakson]]></category>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=35182</guid>

					<description><![CDATA[Dec. 5, 2012 By Chris Reed The use of 30-year school &#8220;construction&#8221; bonds to pay for routine maintenance and short-lived electronics like laptops is a huge, ongoing, but basically uncovered]]></description>
										<content:encoded><![CDATA[<p>Dec. 5, 2012</p>
<p>By Chris Reed</p>
<p>The use of 30-year school &#8220;construction&#8221; bonds to pay for routine maintenance and short-lived electronics like <a href="http://www.utsandiego.com/news/2012/oct/28/school-bonds-deserve-a-close-look/" target="_blank" rel="noopener">laptops</a> is a huge, ongoing, but basically uncovered scandal in California. Since automatic annual pay raises for most teachers don&#8217;t get suspended when revenue is flat or declining, in many state school districts, California&#8217;s recent budget woes have lead to compensation eating up 90 percent or more of the operating budget.</p>
<p>So what do schools beholden to teachers unions do to cover costs that used to be in the operating budget? They make kids illegally pay for some school-related program, constantly pester parents with fundraising efforts and, oh yeah, use 30-year borrowing to pay for <a href="http://www.calwatchdog.com/2012/09/24/what-school-bonds-pay-for-from-san-diego-to-burlingame-the-crime-is-whats-legal/" target="_blank">basic upkeep and electronics</a> that aid in learning but last two years or less.</p>
<p>How does the state&#8217;s top educator feel about the latter practice? When I interviewed him, he <a href="http://www.utsandiego.com/news/2012/nov/24/state-schools-chief-unbothered-by-abuse-of/" target="_blank" rel="noopener">all but said ho-hum</a>.</p>
<p style="padding-left: 30px;"><em>&#8220;&#8230; state Superintendent of Public Instruction Tom Torlakson expressed more sympathy for the irresponsible officials who engaged in it than for the taxpayers who are brutalized by it. He cited the &#8216;stress&#8217;</em><em> officials faced because of the state’s budget woes and implied it was understandable and reasonable for routine maintenance becoming a &#8216;</em><em>capital improvement&#8217; cost paid for with bonds.</em></p>
<p id="h506028-p5" style="padding-left: 30px;"><em>&#8220;Torlakson declined to offer the slightest criticism of the folly that is 30-year borrowing to pay for products that will be broken in four years or less. His concession to appearances: &#8216;I’ve asked my staff on school construction to look into this and figure out where the line is on what’s eligible.'&#8221;</em></p>
<p>And now what does Torlakson want to do? Float a possibly unaccountable bond <a href="http://latimesblogs.latimes.com/california-politics/2012/12/california-schools-chief-new-bond-measure.html" target="_blank" rel="noopener">of his own</a>, one in the megabillions.</p>
<p>No, it&#8217;s not a case of, &#8220;If you can&#8217;t beat &#8217;em, join &#8217;em.&#8221; Torlakson is all for the scams. It&#8217;s more like, &#8220;Hey, I want a piece of that action!&#8221;</p>
]]></content:encoded>
					
					<wfw:commentRss>https://calwatchdog.com/2012/12/05/schools-chief-who-tolerates-bond-scams-wants-to-float-own-bond/feed/</wfw:commentRss>
			<slash:comments>5</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">35182</post-id>	</item>
	</channel>
</rss>

<!--
Performance optimized by W3 Total Cache. Learn more: https://www.boldgrid.com/w3-total-cache/


Served from: calwatchdog.com @ 2026-04-14 21:51:10 by W3 Total Cache
-->