In an article published today, Contra Costa Times editorial writer Dan Borenstein examined the details of the bond measure MDUSD has placed on the June ballot. Measure C is an extension of the bond passed in 2002 and, according to the Times article, will extend the current bond from 2031 to 2052. The end result will be a $348 million bond with a $1.87 billion price tag to taxpayers and a burden to future generations of students who’s educational needs will be saddled with debt.
In addition, Borenstein goes on to say, “Bonds for construction don’t address the district’s most critical problem. What the school system needs first is money for its day-to-day operations that have been shortchanged by the state budget crisis. For that, the district needs a parcel tax…”
Borenstein admonished the district for a lack of transparency when it comes to the financial details of this measure and writes, “…. we should be able to count on our elected and appointed officials — especially school officials — to be transparent about the costs. Unfortunately, as this case demonstrates, we cannot.”