On the latest episode of VOSD Radio [1], we go inside the exotic new wave of public school borrowing [2] that could cost taxpayers of the future dearly. They’re known as capital appreciation bonds and allow school districts to borrow money now without raising taxes. The catch: they don’t even start paying the interest for decades, pushing off today’s costs on tomorrow’s taxpayers.
Also, we fact check mayoral hopeful Bob Filner [3] and dish out the Hero (City Attorney Jan Goldsmith [4]) and Goat (Filner [5]) of the week. Listen here [1].
VOSD Radio also airs on Newsradio FM 95.7 and AM 600 KOGO on Saturdays at 7:30 a.m. Subscribe to the podcast here [6].
I’m the editor of VOSD. You can reach me at andrew.donohue@voiceofsandiego.org [7] or 619.325.0526.
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