This proposal would allow the State to borrow up to two billion dollars ($2,000,000,000). This money would be expended on capital projects related to the design, planning, site acquisition, demolition, construction, reconstruction, rehabilitation, or acquisition or installation of equipment for the following types of projects:
- To acquire learning technology equipment or facilities including, but not limited to,
- Interactive whiteboards,
- Computer servers, and
- Desktop, laptop, and tablet computers;
- To install high-speed broadband or wireless internet connectivity for schools and communities;
- To construct, enhance, and modernize educational facilities to accommodate pre-kindergarten programs and provide instructional space to replace transportable classroom units; and
- To install high-tech security features in school buildings and on school campuses.
The biggest bone of contention I have with this is that if these expenditures were so necessary why don't we raise taxes to pay for them rather than using the state's credit card. I would be more inclined for using borrowed money was the purpose to build new schools, but it is instead supposed to be used to buy consumer/enterprise electronics that have a depreciation life of 5 years. It would be far wiser to spend 2 billion dollars on new schools, and make permanent, some form of revenue to pay the teachers to fill those schools. A good first step would be to make all revenue from lottery and gambling earmarked for the school district that the retail location resides, essentially no longer allowing the NY State Lottery Commission's budget to be fungible with the general budget.