[Vision2020] MSD financial condition
thansen@moscow.com
thansen@moscow.com
Thu, 27 Mar 2003 21:50:43 GMT
Greetings Visionaires -
It was previously stated that the current school budget is at 170% of the
1987/1988 budget. Allowing 5% for inflation over that 15-year period and you
will find that 170% is extremely low. It should be over 200% of the 1987/1988
budget based on an incremental increase of 5% each year for 15 years.
Based on 5% inflation, $1,000 in 1987/1988 is comparable to $2,078.93 now.
No wonder the school district is suffering. Thanks, Mr. Courtney. I am
definitely voting in favor of the next levy. Sounds like they can use the help.
Tom Hansen
Moscow,
Idaho
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