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IS IT TIME TO INSTALL SOME ADULT SUPERVISION TO STOP THE WASTE AND MISMANAGEMENT? Nearby is
the list of the costs of the proposed building project. The PROJECT
BUDGET is the actual cost of the proposed changes. The value of the changes is $3.660,500. About 70% of that is NOT needed to be done right
now. (As an example of the waste click here to read about the boiler exchange.) Design Contingency is 4% of the
budget. It is a fee that the school’s architect pockets. As the architect gets a percentage of the total,
it is his interest to make everything as expensive as possible, and of as poor quality as
possible so he gets a cut again when the item has to be replaced. As examples of increased
cost I can mention a kitchen sink that cost the taxpayers $2000, and a batting cage (for
ball practice) that cost $3000 through the architect when they were available in catalogs
for $299. The inflation factor is 10%. The actual
inflation is around 3%, so I would like to know who lines his pockets with the difference
which is about a quarter of a million dollars The financial advisor gets $75,000 for what?
Only use I have seen them do is to figure out the repayment schedule. That is on a small
computer program and takes a fraction of a second. Any real estate agent can do that. With interest this project is estimated to
cost the taxpayers about 10.6 million. (Superintendent Schoonmaker’s numbers. As you
can see, the 10.6 million dollars only buys 3.6 million worth of building. The difference (7 million) is interest and bureaucracy.
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