Presented to Acton-Agua Dulce School Board on June 23, 2005
The district has been wasting $76,000. a year by renting 19 emergency modulars at $4,000 for the last 10 to 20 years. The state offers to sell the modulars for one annual payment ($4,000 each) and some districts have been able to purchase them for as little as $1.
Dr. Wagner insists that if the district purchased them, the district would lose millions of dollars of eligibility in matching funds that the district would only receive if the community voted for a bond, which is highly unlikely.
Dr. Wagner's current solution is to move as many of the ten modulars at the Acton School to other campuses and return the others to the state. She forgets that she doesn't have money to move them (which by the way does nothing to reduce the $4,000. per unit per year rental fee, which will continue forever). To return the modulars, Dr. Wagner has to restore them to new condition, which according to the state website will cost from $30-$50,000 each which she does not have.
Instead, we propose that the district buy, for minimum cost, these 19 modulars and sell them to a non-profit corporation for exactly the district's cost.
That non-profit corporation can then lease back the modulars to the district and the Charter School at $1 per year for each modular.
In doing this, the school district can have the use of these modulars and spend nothing to refurbish them, unless that work is for the benefit of our students.
They will not be owned by the district and will not count against district eligibility, even if the state doesn't change the law (as currently contemplated). The $76,000 per year that the district will not have to spend for rentals can instead be spent for deferred maintenance, which is then matched by the state of California, creating a total benefit for the district of $152,000 each year, instead of wasting $76,000 per year.
It is the gift from the community that will keep giving every year