A TEA visit to the Lancaster School District could, among other things, damage district bond ratings, thereby driving up interest rates, thereby leaving less actual principal for construction costs.
“Because they missed this year's deadline, they've already failed School FIRST, which could have an effect on their bonds and bond rating,” Rita Chase said.
(Of course, that ain’t even counting the allegedly missing $17 million, which would buy a new school itself with cash on the barrelhead.)
Two further comments.
One: Will Ms. Goolsby have anything on her interviews with students about the other fired Smith — the allegedly “five-fingering” one?
Two: One or two occasional posts about Lancaster after this, and I’ll be loosening my ties. That’s for my own detachment as well as Lancaster residents, ISD staff etc. needing to accept that, sadly, things on the media side there won’t be changing.
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