Susie Gran wrote (a linkless) report by that name, for the Trib tonight.
She reports;
- the district's annual audit is ten months late, and still not completed,
- special auditors have been called in,
- the district's only CPA has been suspended and is suing the district,
- the last Chief Business Officer resigned in disgrace ( a secret kept from stakeholders for months),
- his position remains unfilled,
- and oh yes; there is going to be a bond sale in three weeks.
The last point, a point that the leadership of the APS choose not to "communicate" to the community.
Voters gave permission for the district to sell bonds at election. Now the district needs to actually sell the bonds. The people who buy bonds are disinclined to by bonds backed by institutions that are run by asshats.
Apparently the sale will be a "stealth" sale
of bonds approved in the "stealth" election.
Made possible by the cooperation of the Journal and the Trib.
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