Dearest readers,
Tomorrow, Lady B is heading to Grand Ledge! 🔎📚
We'll be breaking down the district's Treasury Form 3881 for its upcoming bond proposal.
Not just the advertised bond amount, but the bigger financial picture. Principal, interest, repayment schedules, and what the debt could mean for taxpayers over time.
Because the amount borrowed and the amount ultimately repaid are two very different numbers.
As always, Lady B will bring the receipts. You can draw your own conclusions.
Stay tuned! 🕯�
With receipts and respect,
Lady Budgetdown
#LadyBudgetdown #GrandLedgePublicSchools #SchoolBonds #Transparency #FollowTheMoney