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Charlie Waits The Jeff Davis Show Jan 6th 1997 [xI4IqmW53Yk]
Austin School Bonds, Debt Service and Taxpayer Impact
A critique of the recently passed $369 million Austin Independent School District bond package highlights the long-term financial burden on taxpayers. Charlie Waits disputes claims that the bond would only cost "a nickel," calculating that servicing the debt will actually cost approximately $100 per resident annually for 20 years. He suggests that those with a vested interest in the funds prioritized the money over defining the actual problems in the schools.

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