Town Square

Post a New Topic

PUSD 9/13 School Board Meeting - AB 114 and Bond Refinancing

Original post made by Nomad on Sep 12, 2011

Two very important items are on the 9/13 PUSD School Board Agenda.

The first is the report and discussion on the Citizen Committee to examine PUSD's Bond Refinancing. The full report is here (Web Link). It was a good effort, well meaning, given a good consultant team (GFS), and time to do its work. The answer is yes, PUSD used a (later to be determined illegal) practice to re-finance voter approved bonds in a way to generate cash ($9M+) to spend, instead of returning it to the voters. PUSD can't account for where the funds were spent relative to the originally approved plans. And PUSD will hopefully embrace a new level of fiscal and ethical practices going forward. And this, we hope, will be the true value and end result - a more transparent and fiscally stronger school district.

The second is a resolution asking the CA Legislature and Governor to modify the recently passed AB 114 to restore local school district control over its budget.

At the last board meeting, teachers union President Trevor Knaggs spent his entire address to the school board praising Governor Brown's bold signing of this legislature, saying it is OK for school districts to engage in deficit spending and taking out loans, that it is good school districts don't require the standard three year fiscal outlook, that it is OK to engage in fiscal irresponsibility. Why? So teachers can have one-year of 'stability against emotional upheaval'. He even listed the additional 7 days of furlough days this legislation enables as a good feature. This coming from the union bargaining rep who fought against furlough days last year to help stabilize the PUSD budget. What an absolute farce this man is standing up in front of the school district and the public promulgating such trash. He is an embarrassment to the school district and its teachers. I trust the PUSD board will vote 5-0 in favor of the resolution to show APT and CTA there is no place for fiscal irresponsibility here in Pleasanton or in California.

Comments (1)

Posted by Inquiring Mind, a resident of Birdland
on Sep 12, 2011 at 10:49 pm

Will the Pledge of Allegiance be said before the meeting?


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

What about the annual housing cap?
By Tim Hunt | 5 comments | 1,011 views

DSRSD's Kohnen Scholarship on Hold
By Roz Rogoff | 0 comments | 669 views

Be a sport: Send us your youth sports news, scores and photos
By Gina Channell-Allen | 0 comments | 246 views