Harrisburg declares bankruptcy

Not good news.  I wonder what happens now with the renovation.

http://www.cbsnews.com/stories/2011/10/12/ap/business/main20119213.shtml

What happened to us?

I just got my latest issue of mtl Magazine.  Who paid for the high school renovation insert?  Did I read somewhere that mtl is required to print so many School District inserts per year?  Either way, it was our tax dollars "at work."  After looking at the renderings, does anyone believe that the project is over the top? Does anyone believe that it will bankrupt the community?  Did the Municipality cave in to the pressure from the small group supporting the renovation?  Mt. Lebanon, after all, is rewriting the Zoning Ordinance to permit the SOS signs to stay up indefinitely.

Right here, right now

I got an email from Borders Books this morning, that the sale starts today.  Everything must go.  No, this is not an advertisement for Borders Books.  This is just another indicator that our region is in trouble.  Borders filed for Chapter 11 bankrupcy reorganization on Wednsday.  I was hoping our School Board would have scaled back the high school renovation project.  Money is drying up.  When the bids come in, will we get the project we were promised at the cost listed on this campaign postcard? Vote for Dale, Alan & Dan  They were right.  The November 3rd Election certainly did affect our tax dollars!!

School Board Applicants: Beware

Harrisburg is on the verge of bankruptcy.  Today’s Policy Brief from the Allegheny Institute asks,

Is the Capital City Headed for Bankruptcy?  

Will we be following Maryland’s footsteps?  Maryland Considering Cuts in Education Funding

Did you happen to catch 60 Minutes on Sunday?  State Budgets: The Day of Reckoning
Just got this in my mailbox: The PSEA Is Funding Its Fight Against Kids   Here is their website. Commonwealth Foundation - Fund the Fight

And we need to build spend $113.3 million on a high school renovation now?  Remember this when trying to fill James Fraasch’s shoes.  He was the only one with any fiscal responsibility.

Updated December 23, 2010: As mentioned on Blog-Lebo, the first draft of the Five-Year Forecast from the September 30, 2010 Audit and Finance Committee meeting is now public.  It may be viewed here. September 2010 First Draft of 5 Year Forecast I was denied a copy of a later draft at the October 28, 2010 Audit and Finance Committee meeting.  As I said above, School Board Applicants: Beware!