The Sun Prairie School District's Debt Position: "Unpretty"

sp-eye:

Seeing that the district is quietly working towards presenting a plan to build yet another elementary school (to the tune of $18-22M), we felt it was long overdue to take a look at our debt picture. That is what people do before planning big purchase, right????

Pick up any newspaper or magazine and it won't be long before you see what folks all over the country are doing during this 3 year (and counting) downturn in the economy. They're paying down their debt and not creating new debt. Sounds like a solid plan...right? Nope, at least not in Sun Prairie. The FTT Committee will be reviewing APL population estimates this coming Monday, and that will be the first shot fired in a battle to build an 8th elementary school. APL estimates are ALWAYS a prelude to "time to build".

Posted by Jim Zellmer at December 11, 2011 2:30 AM
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