Reply to Funding for Shepherd's Renovation

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[quote=Anonymous][quote=jsteele][quote=Anonymous][quote=Anonymous]This is ridiculous. We need more money for school modernizations so that we're not squabbling between one high need school and another. We should be able to do it all.
Who is standing in the way of increasing the total pot of modernization money?
Is it Mendelson? Bowser?  These politicians need to stop blowing money on shenanigans like the streetcars and get back on track modernizing our schools.
I'm sick of hearing "not enough money".[/quote]

Mayor and council both opposed to increasing total pot of renovation dollars because the City has too much debt - approaching limit of amount of bonds we can have to maintain a good rating. In consumer terms we're too close to our credit limit and risking higher interest rates

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We wouldn't want money for schools to take away from the funds available for stadiums. 
[/quote]

I don't buy the whole "credit limit" thing as an excuse.  I understand that it's a real limit tied to our credit, but I also find it hard to believe that there's no flexibility elsewhere in our budget.  I don't think a contractor cares if they get paid from operating funds vs. capital funds.  So let's spend less on some other garbage and instead spend it on modernizing schools.

I'm sick of our leaders giving BS excuses.  Really, what they're saying with a budget like this is that everything else that's in budget is more important than your cafeteria, crumbling / moldy classrooms, etc.[/quote]

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