Does it make sense here?

I  understand that the city's school superintendent said it makes no sense to advance construction projects at this time. She favors making sure there are enough textbooks, teachers, classrooms, etc. The last sentence in the following quote really hits home.

"In this difficult fiscal climate, it makes absolutely no sense for the district to borrow and spend $60 million on capital projects," Ms. Lane said in a news release.

"I have reviewed our spending plan with staff and believe that these reductions are necessary to maintain fiscal discipline, while still allowing for required investments in our facility maintenance. For the time being, we're only borrowing for our most basic facility needs like fixing our roofs, windows and boilers as well as safety issues."

Read more: City schools may reduce capital spending by 75 percent