Please help make sure your friends and neighbors understand the difference between bonds for capital expenditures and operating costs.
“Those incredible buildings were financed by local taxpayers, a majority of whom voted to approve bonds for these facilities. Not one cent raised through those bonds can be spent on operating costs, such as the salaries of teachers, administrators, or costs including utilities, transportation, whatever you can think up that is not a ‘capital expense.’”
Read more here: https://www.kansascity.com/…/steve-r…/article214474654.html…
Originally posted to Facebook on July 8, 2018.