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Guest
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 Posted: Sat, Mar 7 2009, 7:10 pm EST Post subject: Re: Library gives money to township |
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| I was asking someone and found out last year's roof was on the new addition. Didn't we get any type of warranty or credit on this work and if not then why is it our responsability? I am replacing a roof and 3 of the 4 contractors I had quote say that they had warranty not only on material, but company guarantees on labor so if the roof leaked in the next 15 years it would be repaired at no cost. |
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Guest
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| Posted: Sat, Mar 7 2009, 7:13 pm EST Post subject: Re: Library gives money to township |
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| Guest wrote: | The main complaint seems to be that they made up a roofing project to inflate the budget. I don't find this argument credible. I think a better argument to make is that the budget is too large and identify what you believe should be cut.
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It seems that you and "Concerned" (perhaps you are one in the same) had misread the posts. No mention of grants received and/or false roofing projects had been discussed by any other poster except for yourself. However, you have indeed brought up an interesting query; Is the school roofing project meant to inflate the school budget and then used elsewhere?
I don't know what the answer is; but a million dollar roof seems excessive. What do you think? |
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Guest
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| Posted: Sat, Mar 7 2009, 8:23 pm EST Post subject: Re: Library gives money to township |
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To the original point, it is $1M for roof repair PLUS the fact that the $360K last year was supposed to be a one-time expense, so it is more appropriate to say the budget increase year-over-year is $2.35M. In the Corporate world, you don't merge capital expenses with op ex year-over-year comparisons for exactly this reason, because they are supposed to be one-offs and therefore shouldn't be assumed as a baseline in subsequent budgets (and they should be treated differently for tax purposes, being depreciated gradually).
Any way you look at it, that is a MASSIVE increase in a severe recession / depression (that’s want many economists are starting to predict it is). There better be extremely compelling reasons that absolutely none of this can be deferred or eliminated. |
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Guest
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| Posted: Sun, Mar 8 2009, 10:17 am EDT Post subject: Re: Library gives money to township |
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| The school budget issue concerns me and reflects the problem with public finanace. Once something enters the budget, it never comes out. And I don't share the positive view of the library "give back." This is a public funding issue again - a public entity accruing a large surplus is a problem in my book, and worse yet in these times. |
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Guest
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| Posted: Sun, Mar 8 2009, 12:12 pm EDT Post subject: Re: Library gives money to township |
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| With a company project there is a return on investment issue and a need to strip expenses to turn a profit. On the public side there is no accountability especially if the voters blindly approve school budgets year after year. Since the majority of people who vote on the school budgets and BOE are parents it is an uphill climb to defeat a budget. Not only that, but in general teachers, schools, PTA and other groups also get involved in promoting the need for the budget increase. |
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