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East Lansing schools bond issue.

  • Bob Sakimano said...

    Red Cedar will close either way - if the current bond passes or not...

    this current bond is more of a question of updating schools, technology, etc while having the unique opportunity of maintaining the exact same millage and tax rate...

    They should have closed Red Cedar years ago. That isn't the issue. They are most likely going to have to close a second elementary school in the very near future (3-5 years) and they are keeping that projection in the dark because the neighborhood of the next closed school will raise hell that the bond they voted for and the updates they voted for have been rendered irrelevant. They know the vote would fail if they made that information public.

    Lunchables

  • Bob Sakimano said...

    oohhhh.. inside information.. wink_msu

    Or a phone call that I made to Dave Chapin two weeks ago regarding the issue... better than 50/50 that another elementary school will have to be closed.

    Lunchables

  • Bob Sakimano said...

    this current bond is more of a question of updating schools, technology, etc

    I came in just to make this point. Districts by law cannot fund operating expenses with bond money, they can only fund construction, renovations and technology upgrades. There are also restrictions against purchasing anything consumable with bond funds. So for technology upgrades for example, you cannot use bond money to buy spare lamps if you're installing projectors in classrooms. The previous poster who made the comment about relying on the bond to make payroll is off as well, they can't do it.

    Haas

  • Bob Sakimano said...

    Glencarirn, I'm guessing - I know they want to turn that into the administration building and get away from Timberline Drive..

    Yep. This exactly. One of the original plans (that was quickly snuffed out) was to turn Glencairn into a 5-6 only building. Now it's just on the chopping block as a whole. Glencairn neighborhood is close enough to Pinecrest and Whitehills where they could shut it down and not have to bus kids all over.

    Lunchables

  • This looks like their bond application in case anyone is interested in some 'light' reading to see what the preliminary plans are...

    http://school.elps.k12.mi.us/bond_2012/bond_application.pdf

    Haas

  • Bob Sakimano said...

    would you agree that the whole bond issue has become such a passionate issue on both sides that there are so many distortions, half-truths and innuendos that it's difficult to distill out fact from fiction?

    I know that's the way it is with the folks I've known for years and years.. very passionate "no's" or very passionate "yes's"..

    Absolutely. I'd also say that there is a great deal of misunderstanding on the public's part around bond issues in the public schools. I don't think alot of folks realize that for most District's in the current funding climate, a bond is the only way for them to make necessary capital improvements. I'm somewhat biased though, a good amount of my client work is technology bond planning for K-12s. If you folks don't pass them, I can't sell them...wink_msu

    Haas

  • Oh, and if people want to distill fact from fiction, a good place to start is here...

    This post was edited by Haas on 2/28/2012 at 2:18 PM

    TREASURY - Qualified Bonds Overview

    MI Dept of Treasury - information regarding how Qualified Bonds can provide school districts with access to the States credit rating, and the ability to borrow for the principal and interest requirements of outstanding qualified bonds.

    www.michigan.gov

    Haas

  • Bob Sakimano said...

    what's your feeling? You think it'll pass? I have a hard time getting a handle on it..

    To be perfectly honest with you I haven't been tracking EL, we didn't get the project so it's on to the next one. I can tell you that across the board it's been harder and harder for District's to pass a bond with the economy being what it has been in recent years, so I'm almost always a little surprised when they pass.

    Haas

  • One of the major issues in this bond proposal is to put the fate of the district in the hands of the voters. If the bond fails, then they have to go back to the school board, who may or may not do what is best for the district or what the voters want.

    This bond needs to pass. It keeps the current millage rate for schools (7), which is lower than all the other surrounding districts, and helps keep East Lansing competitive without raising tuition.

    I'm fairly close to the issue, and if it doesn't pass, we're going to see a shit storm when several elementaries close, all at the mercy of the school board.

    All of this anti-tax crap is the problem. This is an extension of a municipal bond, and if EL is going to stay competitive, they need to extend this bond now when interest rates are next to nothing. There's no guarantee that in 12 years that the rates won't be 10%+.

    And no, voting it down is not going to get you a decrease in property taxes. It'll get you lower quality schools, which will further depress home values in the area, as people choose Haslett, Okemos and Bath instead of East Lansing.

    caspper69

  • Bob Sakimano said...

    are you in EL?

    I am EVERYwhere.

    "Leave the gun.....take the cannoli" "It's not your job to be as confused as Nigel."

    Son of Sparta

  • Bob Sakimano said...

    so is santorum...

    LOL....sounds like Rick is so in your head! sarcasm

    "Leave the gun.....take the cannoli" "It's not your job to be as confused as Nigel."

    Son of Sparta

  • RedCedarReaper said...

    Will it raise property taxes and via extension my rent?

    I'v been under the impression that the East Lansing school district is ran by a bunch of incompetent morons, can they be trusted to use this money properly and actually make the schools better? Also there is no clear relation between increases in school funding and increases in student learning, how will it be different in EL?

    You are "under the impression" or have solid info that the Board of Education (parents, community members) are incompetent morons?

    There is a clear relation with proper funding and proper use/application of that funding that a positive impact/influence can me made.

    signature image

    Spartan by Birth, Spartan by Design; 3rd Generation Alum

    ColnagoSpartan

  • I think the problem with EL schools are the teachers rather than the buildings. 2 years ago, 17 teachers retired in the district, only a few were hired. This inbalance leaves overpopulated classes and less individual teaching. In a sports perspective, you can build the best facilities like Dallas but, if your coach and players are lacking then your team is going to suffer. Fix the teacher issue EL then fix the buildings. I voted no.

    spartyon6686

  • caspper69 said...

    One of the major issues in this bond proposal is to put the fate of the district in the hands of the voters. If the bond fails, then they have to go back to the school board, who may or may not do what is best for the district or what the voters want.

    This bond needs to pass. It keeps the current millage rate for schools (7), which is lower than all the other surrounding districts, and helps keep East Lansing competitive without raising tuition.

    I'm fairly close to the issue, and if it doesn't pass, we're going to see a shit storm when several elementaries close, all at the mercy of the school board.

    All of this anti-tax crap is the problem. This is an extension of a municipal bond, and if EL is going to stay competitive, they need to extend this bond now when interest rates are next to nothing. There's no guarantee that in 12 years that the rates won't be 10%+.

    And no, voting it down is not going to get you a decrease in property taxes. It'll get you lower quality schools, which will further depress home values in the area, as people choose Haslett, Okemos and Bath instead of East Lansing.

    I decided not to lobby against the bond, but did vote a solid NO and made sure the ink was black and concise in the "NO". deadhorse

    We live in Glencairn and have children in the system. Our kid's class size have been major issues. Stretching into the high 20's with more school of choice kids packed in. It is crazy. I was an immediate no vote when I found out that the restructuring would not correct any of the class size imbalances.

    This walk able school thing is a joke. If that is so important, then why 10+ years ago did they shift everything around?

    The better solution would be a few larger, but modern elementary schools where they can balance out class size issues and make shared technology and infrastructure investments.

    This post was edited by Carl_N on 2/28/2012 at 3:57 PM

    Carl_N

  • Carl_N said...

    I decided not to lobby against the bond, but did vote a solid NO and made sure the ink was black and concise in the "NO". deadhorse

    We live in Glencairn and have children in the system. Our kid's class size have been major issues. Stretching into the high 20's with more school of choice kids packed in. It is crazy. I was an immediate no vote when I found out that the restructuring would not correct any of the class size imbalances.

    This walk able school thing is a joke. If that is so important, then why 10+ years ago did they shift everything around?

    The better solution would be a few larger, but modern elementary schools where they can balance out class size issues and make shared technology and infrastructure investments.

    So you basically did nothing to address your concern, and cemented the fact that it won't be fixed at all, because given the decreased borrowing power in 6 mos, they won't be able to do what you want.

    Gotcha! clap

    If that was a concern for the Glencairn parents, then they should have voiced those concerns and helped direct the bond issue toward consolidation.

    I firmly agree that there are too many elementary schools, but the walkability is a concern to many folks who like the "feel."

    Then you've got the Red Cedar parents voting no, because they think it's going to save Red Cedar. The school board has spoken on that issue. Red Cedar will close by 2016, bond or no bond.

    caspper69

  • spartyon6686 said...

    I think the problem with EL schools are the teachers rather than the buildings. 2 years ago, 17 teachers retired in the district, only a few were hired. This inbalance leaves overpopulated classes and less individual teaching. In a sports perspective, you can build the best facilities like Dallas but, if your coach and players are lacking then your team is going to suffer. Fix the teacher issue EL then fix the buildings. I voted no.

    Our experiences with the teachers in the system have been excellent! Top notch people.

    The challenge is that the class sizes are HUGE! Our friends in neighboring districts are in the low 20 range. Marble has been in the high 20 range. This has directly impacted our children's education.

    The salt in the wound is that you look around the classes and there are multiple school of choice kids. I am a big fan of school of choice, but they should not be there if the classes are bursting at the seams. Also, the system gets money from the school of choice, but still kept the classes at 3x28ish instead of going 4x21. frustrated

    The one answer I heard was that it was a space/facility issue....WHICH THE STUPID F'N BOND WILL NOT FIX!!!!!

    Carl_N

  • caspper69 said...

    So you basically did nothing to address your concern, and cemented the fact that it won't be fixed at all, because given the decreased borrowing power in 6 mos, they won't be able to do what you want.

    Gotcha! clap

    If that was a concern for the Glencairn parents, then they should have voiced those concerns and helped direct the bond issue toward consolidation.

    I firmly agree that there are too many elementary schools, but the walkability is a concern to many folks who like the "feel."

    Then you've got the Red Cedar parents voting no, because they think it's going to save Red Cedar. The school board has spoken on that issue. Red Cedar will close by 2016, bond or no bond.

    I don't care if they close Glancairn. If the facility is out of date and the population does not justify it, then so be it. If I feel that way about the school two blocks from us, then I certainly feel the same way about Red Cedar.

    If their solution does not address class size issues, then no way does it have my support. How would you feel if your child was not getting homework because the teacher was overwhelmed with amount of work in reviewing 28+ student's work. It is an issue and I expect we will be private sometime in the near future.

    I believe it was Rima who had suggested going with a few larger and modern elementary schools that could share infrastructure costs, maximize technology, and better balance out class sizes.

    This post was edited by Carl_N on 2/28/2012 at 4:08 PM

    Carl_N

  • Carl_N said...

    Our experiences with the teachers in the system have been excellent! Top notch people.

    The challenge is that the class sizes are HUGE! Our friends in neighboring districts are in the low 20 range. Marble has been in the high 20 range. This has directly impacted our children's education.

    The salt in the wound is that you look around the classes and there are multiple school of choice kids. I am a big fan of school of choice, but they should not be there if the classes are bursting at the seams. Also, the system gets money from the school of choice, but still kept the classes at 3x28ish instead of going 4x21. frustrated

    The one answer I heard was that it was a space/facility issue....WHICH THE STUPID F'N BOND WILL NOT FIX!!!!!

    Carl:

    With all due respect, the plan is to rebuild 5 elementary schools, each with 335 seats. You do realize that Glencairn is currently listed at about 190 seats. The bond issue (if passed) would add 145 seats to your school and add only 1 more grade (going K-4 to K-5). That is an increase in seats of 76% at your school. How would that not address the concern you have? [oldshrug]

    "Leave the gun.....take the cannoli" "It's not your job to be as confused as Nigel."

    Son of Sparta

  • caspper69 said...

    .... because given the decreased borrowing power in 6 mos, they won't be able to do what you want....

    Explain that one to me. The decreased borrowing power in 6 months is because a year of good property tax values will fall off the rolling five year window.

    Under this logic, if I knew I was going to get a 50% cut in pay in six months, should I rush out and secure a mortgage on my current salary? I could sure borrow allot more money, but creating a helluva gap in the future. Are we not doing a valuation on property values that are not there? Do you have that much faith in property values coming back? I just got our tax statement in yesterday and it dropped quite a bit again.

    Didn't we just experience this exact crash in the bank loan industry?

    This post was edited by Carl_N on 2/28/2012 at 4:17 PM

    Carl_N

  • Son of Sparta said...

    Carl:

    With all due respect, the plan is to rebuild 5 elementary schools, each with 335 seats. You do realize that Glencairn is currently listed at about 190 seats. The bond issue (if passed) would add 145 seats to your school and add only 1 more grade (going K-4 to K-5). That is an increase in seats of 76% at your school. How would that not address the concern you have? [oldshrug]

    I was told by members of the school board / administration that the new structure would not have fixed the issues our children experienced with class size.

    Carl_N

  • Carl_N said...

    Explain that one to me. The decreased borrowing power in 6 months is because a year of good property tax values will fall off the rolling five year window.

    Under this logic, if I knew I was going to get a 50% cut in pay in six months, should I rush out and secure a mortgage on my current salary? I could sure borrow allot more money, but creating a helluva gap in the future. Are we not doing a valuation on property values that are not there? Do you have that much faith in property values coming back? I just got our tax statement in yesterday and it dropped quite a bit again.

    Didn't we just experience this exact crash in the bank loan industry?

    You have the situation reversed in you hypo. Instead you need to have a hypo where 5 years ago you got a raise of 5%, 4 years ago 3%, 3 years ago 2%, 2 years ago you were cut by 4% and last year you were cut 4%. Then you have to look back at those 5 years, average those out and project that average for the next 30 years. Do you really expect that your wages will only increase by 0.4% each year for the next thirty because you had a bad 3 years? Then,with the rolling average projection, even if you see a 2% raise this year, it is smaller than the 5% that will drop off from 5 years ago. Does that mean you really had a better outlook for your future income before that 5% dropped off? Of course not, your future earning potential is the same. That formula is not a crystal ball, it is just an artificial construct.

    Same thing with the property tax values....do you know of any time in East Lansing's history when there was an average of only 0.15% growth in property values for 30+ years? In the last 28 years (including the current recession, the dot com bust and the 1990 recession) the average was 4.10%.

    "Leave the gun.....take the cannoli" "It's not your job to be as confused as Nigel."

    Son of Sparta

  • Carl_N said...

    Explain that one to me. The decreased borrowing power in 6 months is because a year of good property tax values will fall off the rolling five year window.

    Under this logic, if I knew I was going to get a 50% cut in pay in six months, should I rush out and secure a mortgage on my current salary? I could sure borrow allot more money, but creating a helluva gap in the future. Are we not doing a valuation on property values that are not there? Do you have that much faith in property values coming back? I just got our tax statement in yesterday and it dropped quite a bit again.

    Didn't we just experience this exact crash in the bank loan industry?

    The decreased borrowing power has nothing to do with income or projected income. It has to do with the way the current bond is structured, and what our (ELs) options are for extending the bond at a given time.

    We are up against a deadline that significantly reduces the bonding power. That's why it was preferential to extend the existing bond, rather than try and get a new bond through the electorate (which might increase property taxes).

    I wish people knew what they were voting on before they just cast a "no" vote. It's a shame. We attended numerous meetings, heard proposals and counter-proposals, and debated the pros and cons of moving forward with the current proposal. The fact of the matter is it was what was best for the kids, given the circumstances, and given the positives and negatives that went along with it.

    caspper69

  • caspper:

    respect your thoughts. at the end of the day, none of the bond/closure stuff mattered after I found out class sizes would be under the same rules and systems. my one child is two years younger than our oldest and had twice as much homework and attention. 100% due to the older's giant class size. unfair system that they need to address, but do not with this bond.

    Carl_N

  • fishrose said...

    The modern obsession with low taxes is a cancer on society. You're reluctant to pay for elementary education because your taxes might go up? Seriously? no

    Being non-partisan on this...The cancer on society is the belief that throwing money at a problem via the government will magically work. The government is grossly incompetent in just about everything it controls...including public education.

    A healthy society always questions the tax policies and always demands effectiveness in the execution of government run programs. Obviously, we do not live in a healthy society.

    tVargMan Prime

  • VargMan said...

    Being non-partisan on this...The cancer on society is the belief that throwing money at a problem via the government will magically work. The government is grossly incompetent in just about everything it controls...including public education.

    A healthy society always questions the tax policies and always demands effectiveness in the execution of government run programs. Obviously, we do not live in a healthy society.

    "They're not gonna run the school the way I want it run, so I'm voting no" is what this argument amounts to. Good thing you know so much about running schools. Why haven't they put you in charge yet?

    signature image

    tRCMB's resident Wayne State Warrior and Sam's Club Spartan fan.

    fishrose