Blog Archives

Certificates of Participation are Secret Debts That CUSD Used in 2005 to Finance the School Pool Boondoggle, Vote NO on Prop E

Secret Bond Debt is All Around You, Coronado Taxpayers, and It’s YOUR Tax Burden It’s not “only” the approximately $300 million of remaining secret Redevelopment Bond debt that your City and CUSD officials incurred for YOU as YOUR burden, Coronado taxpayers.

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Posted in Articles, School Pool Boondoggle

Is CUSD’s Secret 2005 Financing Scheme Behind the School Pool Boondoggle the True Reason for the Prop E Property Tax Hike? Vote No on Prop E

Does CUSD Plan to Use the Proposed Prop E Tax Hike Money to “Kick the Can” on the School Pool Boondoggle? In a word, yes. As we explained in our prior Kiss The School Bond Goodbye article here, CUSD plans use the proposed Prop

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Posted in Articles, School Pool Boondoggle

21 Major Problems Auditor Found in CUSD’s Books, Vote NO on Prop E

Cooking the Books From our independent observations, it’s patently clear that CUSD is rife with financial mismanagement. Here are a few of the problem areas we’ve observed: Out-of-control spending, Overspending,  Waste, Lack of internal financial controls, Lack of independent oversight,

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Posted in Articles