Click on the post for the latest on Janesville Schools enrollment----If enrollment is declining, and school construction is increasing, and state revenue is declining because of the state formula.....it means taxpayers are paying more each year even though enrollment declines.
In Evansville, there is a special situation, since due to the "backloaded bonds" that were negotiated for----- every year, the bond payment goes up, even if the student enrollment declines or the house values devalue. The highest payment is at the end of all the payments. The hope was that commercial expansion would help---instead commercial has contracted.
Stay tuned to the Evansville Observer.
Friday, September 26, 2008
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