Thursday, April 27, 2017

New Blog -- Minooka Taxpayer Watchdogs

I have been writing this blog about the Minooka 201 school board for the past seven years.  In that seven years, this blog has garnered over 100,000 views (not bad for a blog about an elementary school district).  Now that in a few days I will no longer be a member of that school board, I have decided to expand the scope of my blog posts to all of the various governing bodies that affect Minooka residents.  I will still be maintaining this blog regarding Minooka 201, but I will also be posting on my new blog, which is called "Minooka Taxpayer Watchdogs."

Thursday, April 20, 2017

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, April 24, 2017 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.

One item in particular of note on the agenda is the following:  "5.05 Working Cash Transfer of $4,000,000 to Education Fund."  If approved, this would transfer $4,000,000 from the Working Cash Fund to the Education Fund.  Now this seems innocuous enough.  One could view it as merely a transfer from one bucket of money to another.  And, in one sense, that is exactly what this represents.  In another sense, it represents much more than this.  It is a symptom of a school district that is overspending.  The Working Cash Fund is like an internal bank.  The money in the fund is used to even out the cash flow of the school district.  Without sufficient funds in the Working Cash Fund, a school district has to borrow such money from a bank and pay interest on that money.

It also sets up the school district for a possible "back door referendum" (for more information, see here) in order to replenish the Working Cash Fund money that was transferred to the Education Fund.  And here is where it gets dishonest in my opinion.  The Education Fund rate is currently at its maximum without a referendum to increase the rate.  The district has been and is currently spending more in the Education Fund than current revenues can sustain.  But a way around this is to transfer money from the Working Cash Fund to the Education Fund and then issue "working capital" bonds without a vote of the taxpayers.

There really are only three options in this situation.  The first option is to bring Education Fund spending in line with Education Fund revenues (i.e., stop deficit spending).  The second option is to ask the voters to raise the tax rate for the Education Fund (i.e., a rate increase referendum) to bring Education Fund revenue in line with Education fund spending.  The third option is to continue deficit spending in the Education Fund, transfer money from the Working Cash Fund to cover the deficit, and issue "working capital" bonds without a vote of the taxpayers.  In my opinion, only the first and second options are honest.  The third option, while legal, reeks of taking advantage of the taxpayers.

Monday, March 20, 2017

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, March 20, 2017 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.

Saturday, February 25, 2017

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, February 27, 2017 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.

Thursday, January 19, 2017

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, January 23, 2017 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.

Thursday, December 15, 2016

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, December 19, 2016 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.

Thursday, November 17, 2016

Next Minooka 201 School Board Meeting

The next meeting of the Minooka CCSD 201 school board is Monday, November 21, 2016 (regular meetings are now on Mondays instead of Wednesdays). The Committee of the Whole Meeting starts at 6:00 p.m. in the board room at the Minooka Primary Center located at 305 Church Street in Minooka. The Committee of the Whole Meeting will be followed by the regular Board Meeting at 7 p.m. Each of the meetings is open to the public, and everyone is encouraged to attend.  Information for the Committee of the Whole Meeting and the regular Board Meeting can be found here.