In about four weeks we will be voting on a school bond. This $485 million bond will cost over a billion dollars by the time the bond is retired in 30-40 years depending on how it is parceled out. This proposed bond has many deficiencies. Currently there is no master plan how the money is going to be spent at each school. Our school population is shrinking as families find it harder and harder to find affordable housing in Santa Monica and our City’s limited income population continuous to gray. The 15.4% “out of district” permitted students add diversity to our schools but we receive no financial benefit from their home cities, and they represent about 1/7 of our student population.

Read More: https://smmirror.com/2018/10/the-school-bond-challenge/