I don't like the bond arrangement either-- the high interest rate, the inability to pay it down, the only-partial transparency. We did figure the bond into the purchase price of our TV home; and it was one of many reasons we purchased a resale on the northside.
But the developer has nothing to do with our payment of school taxes. By state law, schools are funded by county property tax. You pay them no matter where you live.
BTW, the previous generation paid for my education. The next generation is paying my social security. Whether that's right or wrong is a different subject. However, if we don't want care about the next generation, I think we'll be the first generation in America to feel that way. At any rate, resent paying local school taxes or not, the developer has nothing to do with that.
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