Wednesday, August 17, 2011

Creative Accounting

Over on Lebodesign.net, Dan Rothschild posted Raiding The Pantry. After reviewing "THE LIST" of 197 cuts to the project, this architect feels that "the Board may also be misusing the process of Add Alternates and Deduct Alternates in their quest to come under the $113 million requirement."
If you watched or listened to Monday's School Board meeting, Dan questioned where the $900,000 is coming from to pay for the food service equipment that was cut (#187A.) Good question.  It comes from Jan Klein's bag of tricks.  After all, the directors are being told by Ms. Klein that they "should" still be able to do this project without needed referendum.
Larry, are you still excited that Celli is excited, even after all this input?


1 comment:

Anonymous said...

The "off budget" movement by the District qualifies as a sham at a minimum and fraud as a likelyhood...this cost shifting charade as a means to come under the *budget* and/or referendum limits is dispicable.

The multitude of absolute feature eliminations, cheapening substitutions, "off budgeting" and delete alternating of features from the original design & specifications really classify this boondoggle as a "diminished" rather than a *value engineered* project....as a result, it is no longer by a long shot the project the District testified to all in Lebo during late 2009 - early 2011 timeframe would be required at a minimum.

Instead of striving for more-for-less, the District is actually pursuing a path of less-for-more.

Bill Lewis