Public school districts with low assessed calculation borrow from the Common Schools Fund which assists them by providing low interest loans for capital expenditures such as facilities and equipment. A report of Jan. 2, 2013, shows $85,508,760.18 owed by Indiana public school districts. Their debt was not forgiven. The full amount remains due and payable over an agreed term with payment coming directly from local taxpayers. No special treatment or gifts for taxpayer-supported traditional public schools. In addition, due to recent legislation, if a taxpayer built and funded school facility becomes excess property for a school district, a charter school can lay claim at no cost. They just get the property. Notwithstanding that the district might have been able to sell the property and use those funds to meet other needs in the district and thus avoid the need to collect more taxes from it public.
My concern is that, while Dr. Bennett is gone, the real problem remains. Those millions of campaign dollars remain available to elect candidates who will further the charter school cause with special rules and considerations. I hope that Dr. Bennett understands that some contributions came at a high cost to him and to us. Other elected officials should remind themselves of that as well.
Retired public schoolsuperintendent