The reason they could do a lease certificate in the first place was because the Municipal Finance Reform act lets a school district mortgage a new build instead of going to the voters. But the catch is that the mortgage can't increase the overall tax payments - that's why they kept making that nonsensical bus savings claim, because witho…
The reason they could do a lease certificate in the first place was because the Municipal Finance Reform act lets a school district mortgage a new build instead of going to the voters. But the catch is that the mortgage can't increase the overall tax payments - that's why they kept making that nonsensical bus savings claim, because without it, they're in violation of the law (which they are now). So they could do that again, but I'm not sure what they could make up this time to justify it and I'm not so sure the lawyers would be on board for this round.
I think the problem is that the recourse is civil - so someone would have to sue. I can't imagine anyone in town wants to be the person who sues to stop the fifth ward school.
The City did the same thing with reparations, which is basically: we can do whatever we want as long as nobody sues. But eventually, someone there sued them and now its a big mess.
The reason they could do a lease certificate in the first place was because the Municipal Finance Reform act lets a school district mortgage a new build instead of going to the voters. But the catch is that the mortgage can't increase the overall tax payments - that's why they kept making that nonsensical bus savings claim, because without it, they're in violation of the law (which they are now). So they could do that again, but I'm not sure what they could make up this time to justify it and I'm not so sure the lawyers would be on board for this round.
If they're in violation of the law, why wouldn't they be charged as such?
I think the problem is that the recourse is civil - so someone would have to sue. I can't imagine anyone in town wants to be the person who sues to stop the fifth ward school.
The City did the same thing with reparations, which is basically: we can do whatever we want as long as nobody sues. But eventually, someone there sued them and now its a big mess.