First the superintendent increases taxation 2% and year, hiding the funds in six different reserve accounts (2009).

Next superintendents report that the school faces a “fiscal cliff”, a “crisis” and recommends closing the school to the school board to “save money”.  After some studies and delays, the unionized board willingly capitulates to shut the best school to save Teachers Union Jobs, sacrificing 12 administrators (2013).

Along the way there’s so much extra money, overtaxation, a “Capital Reserve Account” is opened.  A vote legitimizes this loot bag, but it’s the union voting bloc, the same controlling the board, bonds and consolidation. “Capital Reserve Accounts’ insure our taxes will never be returned to the taxpayers and are earmarked especially for state education contractors and the NYS Council of Superintendents.

Public and student outcry against the consolidation mounts, the (2013) bond to close the school fails, Delphi technique groups fail, alcoholic invitations to the kids by the administration under an assumed names fails, heckling & defamation fail.   The school introduces armed police over the cries of “appalled” mothers and outraged taxpayers to intimidate the kids and parents.

A four million dollar Capital Reserve Account is added (2015), A third slush fund approved easily by the union voting bloc.  But the NYS Comptroller, state auditor of schools, exposes the  sham. 10% of the budget “hidden from productive use” is discovered and publicized.

The board caves in shame and fear that they’ll be blamed for this ignominious financial scheme and rescinds consolidation for the first time in the nation.   But with $5,000,000 in overtaxation legally stashed in reserve accounts, all they require is a bond.

This scenario is playing out across the state, behind closed doors, with legal cover of legitimacy by the education industry: the banks, Insurance companies, Wall Street and Teachers Union oligarchs that own and manage public education like a private company, which it is.

VOTE EVERY SCHOOL CYCLE.  THESE GANGSTER CAPITALISTS DEPEND ON YOUR IGNORANCE AND FAILURE TO VOTE

The public is kept ignorant by the media and school.

Voters should calendar their school vote.  Vote against the budget, bonds and vote for non-union endorsed school board candidates. 

 

NYS Comptroller Report:

OVERTAXATION

(CAPITAL RESERVES, 24% OF BUDGET IN OVERTAXATION)

  24%

CAPITAL RESERVE ACCOUNTS

$5,223,707

(2018 TAX LEVY)                                

$21,653,460

$2,084,472 + $2,000,000 + $1,139,235 = $5,223,707