19 October 2023

School Bonds

I remember nearly 60 years ago a grade school teacher of mine shaking her head and saying she just couldn't understand why people (most of whom had kids in those days) would vote "No" on school bonds. Actually, I don't particularly like bonded indebtedness as a way to pay for operations (as opposed to infrastructure), but in any case, I learned from her that indeed taxes, especially taxes for schools (and universities, and libraries, and some other things) are very much, as Justice Brandeis put it, the "price of civilization." Our off year election where I live consists only of a single issue, a school bond. Kinda steep, to tell you the truth. Going up about 40% to $1.63 per $1000 of assessed valuation (the wisdom of using property tax to pay for schools being another dubious policy value). But, I whipped out my pen and voted "Yes." Of course.  

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