Casey Johnson, Fargo, Published May 10 2012
How could school take on millions?I would like to express my concern with the fiscal responsibility shown by the Fargo School District. My perception of a school district is the running of a very important function on a limited budget where the revenue is supplied by the state and individuals within the district. It is not a for-profit organization that has the means to either invest money in outside adventures or provide a means for other companiesorgani-zations to use as an asset.
At this time, the state of North Dakota is having a vote that could possibly abolish property taxes. It is tough to not consider this option when you read about your school district possibly losing $5 million on an investment that not only does not exist in your district but not in your own state.
How can this even be a legal process for the individuals in charge of the school district to allocate these funds? How is it possible this much funding is around to even consider a Bluestem bailout in the first place?