The SHORT version is that capital improvements are funded by bonds that the school district sells. The total amount is set by the state; the current maximum is $15 million/year through 2007, I believe. These funds may ONLY be used for capital improvements as strictly defined.
These funds are completely different and separate from the general fund (and several other small funds). The general fund is the largest by far, and over 85% of it is used for wages and benefits for the terrific employees who work with our students day in and day out. More budget information is available at www.spps.org, through NEAT at www.stpaulneat.org, and undoubtedly through the state dept of education. -- Anne Carroll, St. Paul School Board ------------------------------------------------------------ Anne R. Carroll Carroll, Franck & Associates Public Involvement, Strategic Planning, Communications 1357 Highland Parkway St. Paul, MN 55116 USA [EMAIL PROTECTED] 651-690-9162 School Board: 651-690-9156 "The arc of history is long, but it bends toward justice." -- Martin Luther King, Jr. "...You will be more credible and you will be more powerful if you do not separate the lives you live from the words you speak." -- Paul Wellstone "A politician worries about the next election. A true states[wo]man worries about the next generation, and children yet unborn." - e.e. cummings _____________________________________________ To Join: St. Paul Issues Forum Rules Discussion Email: [EMAIL PROTECTED] ____________________________________________ NEW ADDRESS FOR LIST: [email protected] To subscribe, modify subscription, or get your password - visit: http://www.mnforum.org/mailman/listinfo/stpaul Archive Address: http://www.mnforum.org/mailman/private/stpaul/
