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Cost of CUSD administration building balloons to $52 million! True sources of funding finally revealed.
Nov 14, 2005
Increased costs to be paid with local Mello Roos taxes
A blockbuster article by the Orange County Register confirms that this extravagant project ultimately will cost $52 million, more than twice the amount originally announced by CUSD. That's right, the CUSD Trustees chose to spend 52 million taxpayer dollars to house approximately 300 administrators in San Juan Capistrano while thousands of children languish in decrepit portable classrooms.
Jun 07, 2005
About CUSD’s New Administration Building
Based on everything we have heard from school district officials, one would think CUSD had $20 million sitting in an account earmarked to pay for its new administration building. Instead, the money has been borrowed. CUSD is hoping enough funds come in to pay back these loans. Read More...