If a district is trying to protect the taxpayers from the liberal Democrat spend, spend, spend teachers and unions, proper accounting must be done.
This article is written from the perapective of the liberal media using propaganda to manipulate people to help them get more money.
Don’t swallow the blue pill.
To help understand the absurdity of the article, imagine if the school district did not set aside money for teacher’s pensions by creating a “reserve in the form of a pension fund.”
If the schoold district went cash basis on teacher’s retirement checks the unfunded liability owed to all the teachers would not show up on the financials abd the district would spend to bankruptcy.
The same concept applies to the Capital Reserve Fund. These teachers are too stupid to see that money is set aside for major future expenditures and is not available for them to spend now.
This article is biased cow poop.