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San Fran government officials are really bad at math.
The government schools have a deficit of at least $113 million. But, "Decades of declining enrollment led the district to acknowledge in 2007 that roughly 20 percent of its holdings had little or no educational use. It also designated 10 vacant or underused properties as surplus and concluded that selling them would net an estimated $134 million, plus millions more in property tax revenue."
And, when sold, the government property will start collecting property taxes, helping the whole community.
"But interviews and records show that the district has moved slowly since then to sell or lease the properties. None of them have been sold. Last year, the district cut its real estate department director, who had been in charge of overseeing the sale and leasing of the district’s real estate, and shifted his duties to the district’s facilities director. A real estate consultant has been hired to help sell and develop these properties."
Looks to me like the marijuana filled air of San Fran has gotten to these "professional educators" and forgot their jobs.
Another example of why government should not be involved in education, it can not do the math.
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The government schools have a deficit of at least $113 million. But, "Decades of declining enrollment led the district to acknowledge in 2007 that roughly 20 percent of its holdings had little or no educational use. It also designated 10 vacant or underused properties as surplus and concluded that selling them would net an estimated $134 million, plus millions more in property tax revenue."
And, when sold, the government property will start collecting property taxes, helping the whole community.
"But interviews and records show that the district has moved slowly since then to sell or lease the properties. None of them have been sold. Last year, the district cut its real estate department director, who had been in charge of overseeing the sale and leasing of the district’s real estate, and shifted his duties to the district’s facilities director. A real estate consultant has been hired to help sell and develop these properties."
Looks to me like the marijuana filled air of San Fran has gotten to these "professional educators" and forgot their jobs.
Another example of why government should not be involved in education, it can not do the math.
More...