Money
don’t matter in schools. It’s
the unions
damn it!
STANFORD,
Calif. — AS school gets rolling across the country, many parents
will be asked to make a large financial contribution to their
children’s school. In Hillsborough, Calif., for example, parents
receive a letter from the Hillsborough Schools Foundation in which
the amount requested is $2,300 per child.............
..........Hillsborough
is one of the wealthiest towns in the United States. Median family
income is over $250,000, and residents enjoy one of the best school
districts in the state. It’s not hard for Hillsborough families to
donate to their own children’s school. And they do: bids at the
foundation’s annual online auction last year went into the
thousands for a paid internship at Franklin Templeton Investments and
for a trip to the taping of the final episode of “The Bachelor.”
Or you could make an offer on a vacation in a luxury home with a
dedicated butler on a private island in Belize.
According
to the foundation, charitable gifts have financed class-size
reductions, librarians, art and music teachers, and Smart technology
in every classroom. These funds supplement the annual public spending
of $13,500 per pupil. In the process, they increase property values
in Hillsborough. In 2012 private contributions to the foundation
amounted to $3.45 million, or $2,300 per pupil.
School
quality is connected to property value. Low household income limits
Wilmington and Clinton County school districts funding but a
$15 per month* tax contribution for local schools is an easy
lift and a sound investment.
*cost
of a 5 mill property tax levy on a $100,000 home
Paul
Hunter
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