Voters in Omaha will vote on May 15th on a $409.9 million school bond issue. Money would be used to renovate several buildings and construct five new ones. Nebraska Taxpayers for Freedom President Doug Kagan opposes the bond for several reasons.
Kagan says, “Past and current boards have been very poor stewards of taxpayer dollars. We actually believe the current board actually lacks the competence to implement this bond issue and handle the subsequent operating expenses for the reconstructed and new schools. There are several instances in which we think the board has exhibited really financial recklessness.”
Kagan says examples of mismanagement include the hiring of a new superintendent at a huge pay hike from her current position, a big increase in teacher’s salaries and the district is dealing with a seriously underfunded pension plan. Kagan says the board is concentrating more on wants than on needs and taxpayers are not their personal ATM’s.
Voters approved a $421 million bond issue back in 2014.