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Moment of Fiscal Sanity Strikes Arlington School Board

Scott McCaffrey of the Arlington Sun-Gazette reports that “School Board members on July 6 slashed the amount of the proposed fall school bond referendum, a reflection of what board chairman Mary Hynes called a 'changing fiscal environment.' As a result, Arlington voters on Nov. 7 will be asked to approve $33.7 million in funding for school construction, far less than the $78.3 million first proposed by Superintendent Robert Smith. It will be the smallest school bond referendum sent to voters since 1996.” The APS press release is here.

McCaffrey quotes Ed Fendley, the School Board’s newest member: “Our debt ratios . . . are approaching the maximum level.” McCaffrey then writes, “Fendley said that piling up more debt than needed could later force the school system into a box from which it couldn't escape.” Board members Garvey and Wilson, especially, were not quite as understanding, however.

Congratulations, Mr. Fendley.