[Oh no, The Mayor's office (Villarosa AND Riordan), Broad/Kramer, and "The Charter school Takeover Cronies"(see Clinton Library donors) have been trying to spend their way through the $20 billion plus in construction and repair budget!!! NOW WHAT??? Did they just drill for oil and come up with dust after all that spending to take over the school board. Now only to be left with the mess of trying to show some kind of improvement? LOL!]
The building program, which is paid for by four bond issues approved by local voters and state funds, is believed to be the largest public works projects in the nation. But since the fall, the school system has canceled plans for 19 new schools and additions to existing campuses in South Gate, Bell, Van Nuys, San Fernando, Sun Valley and central Los Angeles, among other areas, citing new enrollment projections. On Tuesday, the Board of Education downsized five new schools, eliminating more than 1,000 seats, and last year, the district decided against building seven others, also largely because of decreased enrollment.
[ZD says (On the Charter takeover posses' behalf), "Let's just give the money to Antonio and his Charter reformers! Even though Charters are non-profits, meaning no transparency of spending, no accountability of spending...and HEY GREIG SMITH...NO FORM 700 REQUIRED!!! Holla!"]
Overall, the nation's second-largest school system now serves 694,288 students, down 7% from its peak in 2003 of 747,009 students. The drop stems from years of declining birth rates and increasing housing prices that have pushed poor and working-class families out of many gentrified urban Los Angeles neighborhoods.
[What a crock of 3rd floor spin bullsh*t. Shame on you LAzy Times. No wonder you are going out of business because of blogs, typo errors, bad punctuation, and all. How about because half the enrollment dropped out, and the other half were pulled out by parents and put into Charters or private schools. AND YOU CAN MARK THE DATE OF THIS PREDICTION DOWN: This PR spin piece for the mayor is to set up a call to reduce LAUSD budget and transfer it over to Charters. (Wouldn't be surprised if it already happened and I missed it. If not...it's coming. ON THE MOST F-ING REALEST OF EVER, DOUGHS.]
In Los Angeles, reducing the number of new classrooms will not, however, mean that the district will have a surplus of bond money, officials said. Construction costs have nearly tripled to $500 per square foot or higher since 2001, causing a shortfall. The district has cut more than $1 billion from school repair, technology and early education programs to make up the difference.
[Ooops, looks like they still managed to spend all the money and blame everything else but their own inefficiency. Although, of course construction costs have risen to. I'm just saying, you're not gonna hear 'em say, "Because of rising costs, massive inefficiency (remember credit card scandal and the payroll mess), plus Larry, Curly and Moe like execution. Not to mention whatever flat out purposeful shadiness may be corrupting/skimming off the system.]
Guy Mehula, the district's chief facilities executive, has assured the board that the 80,000 seats left to be built still appear necessary. He has repeatedly pointed out that 200,000 children will be learning in portable classrooms even after the construction program is completed. The district expects enrollment numbers to begin to rise again in about five years.
[Off to a good start in providing a winning environment. How about setting up some classrooms in all the vacant foreclosed homes due to subprime (predatory) lending?]
Perhaps the costliest fight over declining enrollment is being waged over what the district calls Central Region Elementary School No. 14, in Echo Park, which has been tied up in court for more than two years. The proposed school was promised to voters in 2005, principally to remove chronically jammed Rosemont Elementary School from a four-track year-round schedule.
[Promise first, yank later.]
It gets better from here, LAzy Times, take it away!
(DISCLAIMER: I typed my subliminal thoughts as I read through the article for the first time. I'm sleep deprived, and I'll probably wake up tomorrow and realize I read something completely backwards or something. So have fun bringing any of that to my attention. Consider a rough draft of my of my thoughts before I actually think it through. Oh wait, that's what I always do...my bad!)
WEDNESDAY 1/23/08 12 pm STOCK UPDATE: This is creepy. Last night, ZD's Batcomputer said "Apple would be at $129 today." (Check the 6am pre-market comment on this thread.) It's at $129 as I am typing this update.
And, to the three people I personally called, myself on Friday and Monday telling you to make sure you sell (in the 170's and even 160's) -- YOU CAN'T SAY I DIDN'T TRY AND DO EVERYTHING I COULD, my sistas and brothas.) Love, Zuma Dogg