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By: Bookworm

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Capital expenditures (building improvement monies) and operating expenses(including salaries)are two entirely different categories in a system’s operating budget. The funds are not interchangeable and cannot be commingled. Usually capital funds cannot be carried over from year to year — it’s a use it or lose it proposition. The capital funds might not have been spent wisely (i.e., the trash cans) but this was in no way related to the layoffs or closings. Dtroit PL may be corrupt and screwed up, but these are bad examples to latch onto.


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