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Sunday, May 31, 2015

MAYOR TO MEET WITH STATE OFFICIALS ON HOW LYNN CAN AVOID BANCRUPTCY

NO REALLY, I'M TELLING THE TRUTH THIS TIME, GO LOOK AT THE RECORDING OF THE MEETING!

No time-frame was given or specifics as to who would be involved but clearly this would be an historic meeting in regards to the future of education in MASSACHUSETTS. As evidenced by the critical state LPS's fiscal health and consequently the city of LYNN, the highly touted LEGISLATIVE FIX to allow for the phase-in of allowing the counting of RETIRED TEACHER'S HEALTH INSURANCE to count toward NET SCHOOL SPENDING was woefully impotent as a resolution to the chronic, underlying problem's.

Somehow  the MAYOR hopes to convince what would have to be a multitude of elected officials to either grant LYNN some special privilege or exemption from the NSS requirements that almost every other district in the state has met. Although I feel confident that she will find little sympathy but a recognition of panic will not only be realized but shared with those officials aligned with the Governor's office charged with the enforcement of spending requirements and execution of penalties due.

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