Comments for: RSU 19 considers $3.6M loan to address funding crisis

Posted Oct. 03, 2012, at 7:39 p.m.

NEWPORT | Voters from the eight towns that make up Regional School Unit 19 will have the opportunity to consider putting a $3.6 million loan on the November ballot to address the school district’s funding crisis. The district’s new superintendent, Greg Potter, discovered this summer that due to serious …

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  • Anonymous

    Just threaten To cut sports, not teachers. Cut teachers now body cares, cut sports, you will have your votes in  a heart beat. 

  • Both SADs had debt coming into the RSU and this was debt for capital projects. However, SAD 38 also had a surplus set aside that was to be spent annually over 5 years to offset taxes, as per the RSU agreement. This was also thought to be the case for SAD 48, but it turned out that SAD 48 did not have a surplus and this was only discovered in recent months. While SAD 38 applied its surplus correctly over the past four years, SAD 48 was also applying what was thought to be a surplus and there were no funds to back that up. 

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