October 9, 2018 -- The school facilities bond on the November 6 ballot –- Measure SMS -- has financial uncertainties for all Santa Monica residents -- renters, condo and single-family home owners, and apartment owners alike.

Projected to cost us $1 billion with interest by 2054, critics of the largest school bond in Santa Monica history call it “a blank check.”

They point to school bonds in other neighboring cities where the practice is to identify projects to be funded before they put a bond measure on the ballot.

Read More: http://surfsantamonica.com/ssm_site/the_lookout/letters/Letters-2018/10_09_2018_OPINION_Less_than_the_cost_of_a_latte_Really.html