JCPS & other districts.. where do you think stimulus cash comes from? (Louisville: 2009, how much)

[tomocox]

Right now there is a TV news article about JCPS working on its 2009-10 budget. They are expecting 12-13 million in stimulus cash. Ladies and gentlemen of the school board, (including Oldham, Spencer, Shelby, and all points beyond), where do you think that money comes from? Maybe Shangra-la, or possibly Tim-buk-tu? If it doesn't come from Jefferson County citizens and businesses, then who are the donor counties? Do you think Indianapolis is willing to give up some of its money? Or maybe, it could come from hundreds of rural counties that are doing a good job of teaching without great influxes of federal dollars.

Btw: While this is a political question, it's specifically a local question. I hope the moderator will allow it to remain.

[stx12499]

Originally Posted by tomocox

Right now there is a TV news article about JCPS working on its 2009-10 budget. They are expecting 12-13 million in stimulus cash. Ladies and gentlemen of the school board, (including Oldham, Spencer, Shelby, and all points beyond), where do you think that money comes from? Maybe Shangra-la, or possibly Tim-buk-tu? If it doesn't come from Jefferson County citizens and businesses, then who are the donor counties? Do you think Indianapolis is willing to give up some of its money? Or maybe, it could come from hundreds of rural counties that are doing a good job of teaching without great influxes of federal dollars.

Btw: While this is a political question, it's specifically a local question. I hope the moderator will allow it to remain.

It can remain. It seems like a loaded question though, Tom. In usual fashion, you have presumed that all urban areas are "bad" and are feeding off money from suburbs and rural areas. Where do you get this idea? Why shouldn't one of America's largest school districts get federal monies?

[tomocox]

Originally Posted by stx12499

It can remain. It seems like a loaded question though, Tom. In usual fashion, you have presumed that all urban areas are "bad" and are feeding off money from suburbs and rural areas. Where do you get this idea? Why shouldn't one of America's largest school districts get federal monies?

STX, This is not a question of school quality, but the transfer of funds from donor districts in the US to beneficiary districts. If JCPS, or any other school district, receives more money than that district's tax base generates, then some other district has to become a donor district to benefit Jefferson County.

Who's gonna lose? Some counties, cities, and/or states have to lose.

[stx12499]

Originally Posted by tomocox

STX, This is not a question of school quality, but the transfer of funds from donor districts in the US to beneficiary districts. If JCPS, or any other school district, receives more money than that district's tax base generates, then some other district has to become a donor district to benefit Jefferson County.

Who's gonna lose? Some counties, cities, and/or states have to lose.

Tom, what statistical proof do you have that other districts are transferring money to JCPS? Do you realize that JCPS is larger than the student population of all the remaining Louisville metro counties combined?

I do agree with you that we shouldn't transfer money from one district to another, but I have no proof this occurring. I love what Obama is doing, but we have to be careful how much wealth we transfer.

[tomocox]

Originally Posted by stx12499

Tom, what statistical proof do you have that other districts are transferring money to JCPS? Do you realize that JCPS is larger than the student population of all the remaining Louisville metro counties combined?

I do agree with you that we shouldn't transfer money from one district to another, but I have no proof this occurring. I love what Obama is doing, but we have to be careful how much wealth we transfer.

STX, if the cash doesn't come from other tax districts (not just school taxing districts), then please tell me where it comes from? If it comes from Jefferson County, then please tell me why it had to go to DC to become a political grant. Some taxpayer had to send the cash to DC. If it was just printed money, then that is inflation.

I assure you when the wash is dried, nothing the Democrats and Obama (and quite frankly, most of the rest of Congress) are doing will be stain free. Ask any accountant... Ask a bank teller (any bank) to reconcile your bank statement. Now, why can't taxpayers see that reconciliation?

I must be careful here. I don't want this to be a political post. If I can teach someone about taxes, governments, and socialism, then it will cross all political lines and be educational, not political. I know we are riding pretty darn close to that line.

[stx12499]

Originally Posted by tomocox

STX, if the cash doesn't come from other tax districts (not just school taxing districts), then please tell me where it comes from? If it comes from Jefferson County, then please tell me why it had to go to DC to become a political grant. Some taxpayer had to send the cash to DC. If it was just printed money, then that is inflation.

I assure you when the wash is dried, nothing the Democrats and Obama (and quite frankly, most of the rest of Congress) are doing will be stain free. Ask any accountant... Ask a bank teller (any bank) to reconcile your bank statement. Now, why can't taxpayers see that reconciliation?

I must be careful here. I don't want this to be a political post. If I can teach someone about taxes, governments, and socialism, then it will cross all political lines and be educational, not political. I know we are riding pretty darn close to that line.

Tom...I think Obama and the Feds are basicaly printing money and increasing our national debt. I think we'll come out of this ok. Please just don't falsely accuse urban school districts of "stealing" tax dollars from more well to do school districts.

[TeamZissou]

I'm fairly certain that's why they call it a deficit, because the money doesn't exist. Now if the money that is being spent doesn't exist, this means that future generations will be paying for the debt. What if JCPS gets a smaller portion, percentage wise, than what its tax base supports?

I have absolutely no idea whether this is true or not, but let me be the first to declare that JCPS isn't getting their fair share of future generations tax money. I think the future generations of Jefferson County are subsidizing education for rural parts of the country and it's not right. I hope you catch my sarcasm.

Originally Posted by tomocox

STX, if the cash doesn't come from other tax districts (not just school taxing districts), then please tell me where it comes from? If it comes from Jefferson County, then please tell me why it had to go to DC to become a political grant. Some taxpayer had to send the cash to DC. If it was just printed money, then that is inflation.

I assure you when the wash is dried, nothing the Democrats and Obama (and quite frankly, most of the rest of Congress) are doing will be stain free. Ask any accountant... Ask a bank teller (any bank) to reconcile your bank statement. Now, why can't taxpayers see that reconciliation?

I must be careful here. I don't want this to be a political post. If I can teach someone about taxes, governments, and socialism, then it will cross all political lines and be educational, not political. I know we are riding pretty darn close to that line.

[tomocox]

Originally Posted by TeamZissou

I'm fairly certain that's why they call it a deficit, because the money doesn't exist. Now if the money that is being spent doesn't exist, this means that future generations will be paying for the debt. What if JCPS gets a smaller portion, percentage wise, than what its tax base supports?

I have absolutely no idea whether this is true or not, but let me be the first to declare that JCPS isn't getting their fair share of future generations tax money. I think the future generations of Jefferson County are subsidizing education for rural parts of the country and it's not right. I hope you catch my sarcasm.

You are exactly correct! The Kentucky Education Reform Act of the late 80's into early 90's did exactly that. On the state level, it took money from the wealthy districts and gave to the poor districts. The outrage of Jefferson County taxpayers was deafening. Now the shoe is on the other foot, and not a peep to be heard.

[censusdata]

It is money the government will print out. By definition deficit spending can't come from taxes because you can't spend money you don't have. It can create deflation which is a tax on everyone

[LouisvilleJake]

What the hell are you even talking about tomocox? The stimulus money is being borrowed with cash from China. You see, they're buying our Treasury Bills and sending us their cash. Someday we will have to pay it back, with relatively low interest.

Everyone is getting a piece of this stimulus, so there are no "donor" school districts in this case. Jeez.

And never, ever let facts get in the way of your rhetoric. Urban areas of Kentucky (hint, this includes your precious Oldham County) subsidize and prop up rural counties to the tune of 1 billion dollars + every year. Jefferson County is the worst affected by this drain of capital, but Oldham County is not far behind.