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Monday, June 29, 2015

A COMEDY OF CRISES

Mayor, council conduct civics lesson


Actually what they needed to conduct was an ECONOMICS lesson. MAYBE I SHOULD HAVE SAID WAS LEARN AN ECONOMICS LESSON. 

Well class is about to begin. Why would the MSBA sign off on funding another school anytime soon at 80% when LYNN already owes about $16 MILLION DOLLARS? Don't forget that 80% for MARSHALL turned out to be closer to 50% after we started taking ALLOWABLE costs into consideration.

Then if by some miracle the MIRACLE the MSBA decided to overlook LYNN'S chronic underfunding of the schools any hopes of attaining the coveted 80% level may just be a PIPELINE dream. Remember the recalculation of need where LYNN looked a lot better?

How can the MAYOR say as she did in her STATE OF THE CITY address that things are looking up and we are having all these "positive" developments and at the same time go to the MSBA crying the poor Me's? SERIOUSLY?

And if the CITY fails to secure the funding  (whatever amount it is) then all bets are off and you can KISS the $750,000 for the feasibility study good-bye. Heck, I'll tell you it's not feasible for FREE. No one disagrees that we have a problem and PICKERING'S problems have been well documented but are the TAXPAYERS of LYNN going to approve another $100 MILLION DOLLAR bond when the doors haven't opened yet for the last debt they signed on to?

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