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Originally Posted by Bogie Shooter
Does this mean Don is wrong?
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No, the developer is still paying for it.
But more than likely (just my guess), the developer is financing the construction of the buildings/facilities.
They are not borrowing money to pay for salaries, salaries are in the annual operating budget (that the developer is paying).
I also would guess, they put the schools into a different company, that the developer owns.