Tuesday, October 16, 2012

The PAYGO Plan

The 2012 CCSD Capital Improvement Plan (CIP) is not a bond program. The plan relies on accumulating revenues and then paying for and completing projects based on prioritized needs. PAYGO provides the district advantage of no tax dollars going toward interest because there are no loans. Because all the money is spent on actual projects the PAYGO plan provides the highest value for taxpayers.

1 comment:

  1. Thing is maintenance is supposed to occur all along, why has it been allowed to pile up for so long?

    These things are much less expensive if they are not allowed to fester.

    Is there something in place that would ensure future maintenance issues will be addressed as they arise and prevent them piling up once again?