Bond opponents question carryover funds

By BROOKE J. WOOD

brooke@southwesttimes.com

Some Pulaski County citizens don’t think a $47 million bond referendum to finance a consolidated middle school is the best solution.

In fact, they blame conditions at the Pulaski and Dublin schools on mismanaged funds that could have been used to pay for capital improvements at the two facilities. To make their case, these critics point to unused funds at the end of every fiscal school year. Pulaski County Citizens for an Informed Community question why almost $3 million in carryover funds were returned to the county between 2013 and 2017.

Opponents of the bond have brought the topic up at meetings, town halls and on social media. However, Chris Stafford, assistant superintendent over finance and business operations, said this week that those arguments imply school bond opponents don’t understand what the term “carryover funds” means.

Continue reading

Comments

comments

You must be logged in to post a comment Login