Friday, May 1, 2015

Do They Teach Math?

May 1, 2015
In 2007 there was a big referendum to raise money through taxes to fund a community college. It passed. But in 2008, before they bought a stick of furniture or hired a single person, the trustees wanted to increase the taxing base on the grounds of “unexpected costs and some costs they can’t gauge… [including] furnishings…The school also hasn’t worked out benefits and salaries for employees…” (From the Idaho Statesman) 
Yeah, who knew that you’d have to have furnishings and pay teachers when you set up a school?
Now the board wants to raise $150 million more to expand the college.
However, the school is under fire for paying more than double the assessed value for a piece of land that they want to build on. They agreed to pay $8.8 million, and insist that they’re not overpaying. Apparently the extra $5 million isn’t really worth fussing over.
Maybe the board members could take some math or business courses...somewhere.

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