Quote:
Originally Posted by Russ_Boston
Hmmmm - $18,000 times 50,000 households = 900 MILLION dollars to pay off a 28 million dollar debt? This must be real new math!
This topic has been hashed and rehashed many times here on TOTV.
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Russ
According to Ms. Ritchie's article, the central district has about $700 million dollars in bonds for all the facilities that they have purchased to date. The audit only addressed one of the many bond issues. She is assuming that if the audit prevails on the one issue, all of the issues will be affected. She also assumes about 39,000 households to arrive at the $18,000.