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SM-Measure-K - Brisbane
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Elections June 2016
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Argument Against Brisbane Elementary School District $27M Bond Issue: Measure K
When bond debt measures like Measure K are put before the voters, the school District is admitting that everything they are currently spending your tax dollars on now, is more important than the projects for which this tax increase is being sought.
Budgets set priorities. Brisbane Elementary School District is saying every educational dollar spent today is going to a higher priority than to "renovate classrooms".
Do you agree?
The District doesn’t think “campus security and safety improvements” are important, because they are not in the current budget.
Do you agree?
The District doesn’t think “technology improvements” are important, because they are not in the current budget.
Do you agree?
Would you take out a 25-30-year loan to buy a personal computer? Nuts, right? But that’s what the District wants you pay for now and for decades to come. That technology is going to be obsolete in 4-6 years, yet bond debt payments for it will be made for the next 25-30 years.
The website: www.ed-data.org shows at least 470 students in the district, which means this bond expense is $54,446 per student, plus 25-30 years of interest, plus $18,203 per student in the annual school budget, which is 159% above the statewide average.
You deserved to know the full truth about the mountain of debt that is measure K.
If you value “renovating classrooms” and “campus security” and “technology improvements” more than making principal and interest payments (as high as 12% interest) for 25-30 years, vote NO on Measure K.
Remember, financing school projects via bond debt, routinely doubles the cost of the project. And purchasing technology via bond debt is just nuts!
Just say No to more debt. Vote No on K.