Mysterious School Financing Disclosed #VB8

In a ten minute video blog featured on the Full Disclosure Network™ website via streaming video starting Monday, August 15, 2005 Los Angeles Unified School District (LAUSD) Board member David Tokofsky disclosed the existence of an unknown school financing operation which has been concealed from the public eye apparently to avoid scrutiny.

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Secret School Bonds Create Billions of Dollars of Debt #VB4

While investigating the Los Angeles Unified School District’s (LAUSD) $330 million Belmont Learning Center fiasco, the Full Disclosure Network® discovered a secret public financing operation whereby they quietly issue non-voter approved, tax-exempt bonds, mounting billions in public debt, and which is passed on to unsuspecting taxpayers for undefined projects .

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Secret School Bonds Spark Video Blog Rebuttal ….. From Former Prosecutor #VB6

Former Special Assistant L. A. County D. A. Anthony Patchett, who headed the Los Angeles Unified School District’s (LAUSD) Belmont Learning Center investigation has attacked the Full Disclosure Network™ video blog citing certain statements which he says indicate there was an “intent” by the LAUSD to violate federal and/or state laws governing the finance and construction of public schools.

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LAUSD’s $238 Million Belmont Demolished

In late December 2004 the Los Angeles Unified School District (LAUSD) began demolishing approximately one third of the new and never occupied Belmont High School campus which has cost taxpayers $238 million to build with another $110 million for partial demolition and reconstruction.

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