Friday, October 19, 2012

PAYGO - 6 Year Plan

The PAYGO plan is a six years plan.  It cannot be extended without voter approval. The Board of School Trustees implemented measures to limit the plan funding to no more than $120 million per year.  Even if local property values rise, the levy would not generate more than the plan cap. Funds would be collected over six years, beginning in the fall of 2013. As funds are generated, projects will be completed.

1 comment:

  1. My thoughts on this subject align nicely with the recommendation of the RJ editorial board. This is due to your posts here Jim, thank you.