Wait, What? - Bridgeport: $3.4 Million in return for your democratic rights: Illegal, Racist or Both
by jonpelto
The State of Connecticut’s Education Funding Formula (ECS) is underfunded by at least $800 million.
This means that many towns must raise their local property taxes higher than they should or that schools go without the funds they need to maintain adequate services.
Last week Governor Malloy proposed and the Democrats in the Legislature adopted a new law that read; “The Commissioner of Education may, upon approval by the Secretary of the Office of Policy and Management, provide a loan of up to three million five hundred thousand dollars to the city of Bridgeport for the purposes of inclusion in the budgeted appropriation of education for the fiscal year ending June 30, 2012, to cover education expenditures incurred during such fiscal year. As a condition of making such loan un