written (or copy and pasted) solely by Stanley H. Wotring, Jr. I am not a representative of the LSC (BUT I WANT TO BE!}
nor are they responsible for the content. My email address is ***Lynn.School.Watch@gmail.com***.
TIME TO GET SERIOUS!
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Monday, August 8, 2016
WOW, THAT WAS FAST
Use of Ch. 70 funds
The city is still required to meet the Net School Spending
requirement in order to be in compliance with Education Reform Act of 1993. Theadditional funds the city received also increased the Net School Spending
As long as the city is meeting the spending requirement,
they are in compliance with the law.
Okay, so you know what that means. The additional $3.7 million they got increased their net school spending requirement, so its not the same as "FREE" cash. So what that means if they want to stay compliant with the law which I might add has never been a priority with the KENNEDY administration, they better spend it in places that meet the NET SCHOOL SPENDING rewuirement not just any place JUDY wants. This could get interesting.