donnacoppola@mail.com; patti7761@hotmail.com; Maria Carrasco; john.e.ford@state.ma.us; jaredc.nicholson@gmail.com; lorraine.gately@stmaryslynn.com
Dear
School Committee Members,
I
decided to share with you in writing what I mentioned at last week’s Open Mic.
Not do I write more clearly than I talk but the Mayor and LSC member PATTI
CAPANO were not present for my diatribe.
Since
there has apparently been a resolution of the Net School Spending problem
whereby there will be an influx of over $2 million into this years budget, I
feel the public has a right to know just how that money will be spent and there
should be some open discussion on maximizing our resources.
Given
the vast amount of attention given to this problem, some accountability is owed
to the public. At the same time some spotlight will be shone on the Mayor’s
negotiating skills whereby she whittle down a $15-17 million debt to 4 payments
of $2 million plus. I have not heard the terms mentioned but I do know from
personal experience of the process that such a reduction in debt followed by a
payment schedule on the balance is very much akin to the procedure one follows
when you go through a Chapter 13 BANKRUPTCY.
Is that
how LPS emerged from this problem?
Sincerely,
Stan
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