Town and Gown in Virginia Beach 1
Well, not really gown. More like grade schools.
I started to write about this earlier this week, then decided that I did not know enough about the background to write competently, since I’ve only been back here in Virginia for a few months.
Instead, I’ll just point you to the editorial in today’s local rag, then second what Joel said Wednesday.
Rather than tap the city’s reserves, the city is tapping the school board’s reserves built up through good management on the part of the school system, just because it can. In this case, competence (on the part of the school board) is its own punishment.
May 15, 2010 at 4:46 pm
Denver tried that! Only they were trying to get the reserves from Pinnacle Insurance, the workers comp people. Something like 500 million, to which Pinnacle promised Denver a trip into court if they followed through. Denver shut up.