The DeHavilland Blog

Monday, May 12, 2008

Rising costs, static revenues

This from the Houston Chronicle, in "Schools say inflation puts them at risk":

"It's an untenable system. No business in the world would be able to survive with fuel, health insurance and salary increases and a flat revenue source," Falick said. "It's not sustainable.

The solution, according to the article, is to raise taxes and reallocate current apportionments. Not cutting costs. Not fundraising. Not partnering. Just raising taxes.

Based on current trends, I think it's clear that this single-minded approach is (or will soon be) a nonstarter. Let's hope the folks in Texas explore their alternatives before it's too late.


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