I Wouldn’t Call This an Investment March 3, 2008
Posted by Webmaster in Education, St. Louis Local.trackback
If you have nothing better do with with the $600 Uncle Sam is about to rebate you as a result of the Incumbent Elected Official Protection Act of 2008 (”economic stimulus package,” for outward consumption), this group would like you to donate it to the St. Louis City Public Schools. Rather, they want you to “invest” in the SLPS, which is a misnomer, because an “investment” implies that the investor expects something in return. It’s also not as if the SLPS doesn’t have enough money — even after the budget cuts of the Roberti Captivity, the SLPS still spends well above state average per pupil per year.
This “600 For Our Schools” organization doesn’t like the fact that the SLPS were taken over by the state last year, yet it wants to give more money to the SAB to spend. Remember, during the time which the SAB runs the SLPS, they, and not the elected but currently impotent school board, control the purse strings. However, it’s not as if this effort will mean much — even if they get 10,000 people to agree to donate their rebate to the SLPS, that only amounts to $6 million, which is about 1% of the SLPS annual budget.
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