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Mueller's suggestion for use of surplus moneys

From: domainremoved <Thomas>
Date: Tue, 13 Mar 2018 06:32:07 +0000 (UTC)

As a resident and taxpayer in the Menlo Park City School District, I am writing to express my support for Councilmember Mueller’s suggestion that the city give $1 million of its ERAF surplus to MPCSD as mitigation for the cost - estimated at $663,000 annually - of the increased school enrollment expected from the Stanford housing development.
With a $1 million gift, put into endowment along with Stanford’s gift of $1.5 million, the school district will be on track to annually generate 60% of the cost of educating the Stanford development’s students, bringing it on par with what typical housing developments generate.

Please consider giving MPCSD a $1 million gift so that when the new students arrive, as they surely will, the district will be equipped with the resources to educate them. We all appreciate the value that an excellent school district adds to our vibrant community, and with your foresight and help, we can maintain the quality that we all expect.
Sincerely,Thomas Franklin, MDAlumni Parent and supporter of MPCSD
Received on Mon Mar 12 2018 - 23:34:54 PDT

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