Seeing economic sense

The Wake County school board may be on the wrong track with its neighborhood schools decision , but at least some of the board members can tell when is not a good time to ask taxpayers to allow them to borrow more money.

On Wednesday, the board’s chairman, Ron Margiotta, told The News & Observer that the county, which needs to build a few extra schools, should wait until 2012 for a bond referendum. Margiotta even said, “We have to face reality. We can’t ask people for more money now.”

Even Joe Desormeaux, Wake’s assistant superintendent for facilities, said, “It’s going to be hard to get any kind of bond (issues) through right now.”

After watching some town staff and members of the Chapel Hill Town Council practically scramble over one another’s backs to see how fast they could issue the debt to double the size of the town library, I found it refreshing to hear a politician say he wanted to wait a bit before hitting up taxpayers for more money.

Same economic reality, different board, sensible outcome.

You may question the Wake County school board’s diversity policies, but its fiscal sense and timing seem to be intact.
–Don Evans

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  1. Frank

     /  June 18, 2010

    I agree. Let the kids continue to take classes in gymnasiums and cafeterias. I think that they could probably save a lot more money by not using books. Just tell them all to buy iPads and use Wikipedia.

    After all, there’s nothing more important than money.

  2. Mark Marcoplos

     /  June 18, 2010

    Extrapolating intelligent foundational thought from the outcomes of the Wake school board decisions may not be very accurate.