Re: BUSD to have $58 million bond on November ballot [Village News, 7/28/16]

The article on the proposed BUSD bond for construction/repair of the new high school and repair of facilities quotes the cost as $58 million. That is absolutely wrong! The actual cost is approximately $87.1 million.

That is the actual cost to be repaid on a $58 million debt for 25 years at 3 ½ percent. The school board and the Village News should be chastised for not bringing this up. Additionally, why should we taxpayers pay for repairs with a long term bond as opposed to payment with yearly operating expense money.

Where did the operating expense money go? Did it go for salaries? Paying sala...