I have written at length about the risks that general obligation bonds pose to the institutions that issue them. When that institution is a community…
Posts published in “Deferred Maintenance”
The administration at Washtenaw Community College has incurred $20M in deferred maintenance projects around the campus. Deferred maintenance is repair work on buildings and systems that should have been done and was instead put off.
Taxpayers provided WCC with the money it needed to perform all necessary maintenance. Instead of using the money to repair buildings and critical systems, the administration has spent the money on other priorities.
In Economics 101, one of the first concepts that students learn about is “opportunity cost.” When money is limited, a choice to spend it on…
Yesterday, I wrote about Oakland Community College’s plan to close its Highland Lakes campus. The property is a 155-acre parcel, which has 307,400 square feet…
In December, Oakland Community College announced that it will permanently close its Highland Lakes Campus in 2026. The campus sits on 155 acres in Waterford…
Is $1.5B a lot of cash? Because that’s the size of the bond issue that the Ventura County Community College District may ask residents to…
In January, Michigan Governor Gretchen Whitmer delivered her State of the State address to the legislature. Among her plans are to open Michigan’s community colleges…
Community colleges in New Jersey are gearing up for a fight to save $20M in cuts to the statewide budget to its 18 two-year schools.…
Corning will build a $900M solar panel factory in Richland Township in Saginaw County. The project was announced today and comes about as the result…
Some California voters will have more to decide on Super Tuesday than their preferred party candidates. Voters in Fresno will decide Measure E, which –…
Recently, several community colleges and community college systems have announced that they intend to reduce staff and faculty through involuntary separations. Some colleges and systems…