Tuesday, February 22, 2022

District to spend $10MM tonight. Should it?

Item 9.1 on tonight's agenda for the Richland 2 school board meeting is Budget Surplus.

Without reading the agenda item carefully, I think the District is planning to spend $10,000,000 on one-time bonuses for teachers and staff, trying to buy loyalty for another year.

Should the Trustees vote YES tonight?

Probably not. They may need that $10,000,000 for another purpose - to pay off a potential defamation claim that probably won't be covered by insurance.

The Trustees might be wise to defer tonight's decision.

Ten Million could be chump-change in a $300,000,000 annual budget, but then ...

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