A state audit released Tuesday finds that local governments and school districts in Missouri have cost themselves $43 million by not allowing competition for underwriting public bonds.
State Auditor Tom Schweich (R) cites the practice of negotiated bond sales, in which an underwriter is hired in advance and sometimes acts as a financial advisor to the local government that issues the bond.
This is TELL ME MORE from NPR News. I'm Michel Martin. We are in St. Louis, Missouri today for a special broadcast from St. Louis Public Radio. We're going to be giving you a bit of St. Louis flavor. In a few minutes, we will talk about one of the city's biggest bragging rights. Hint, it has nothing to do with swinging a bat or throwing a ball.
While two Catholic grade schools will close in south St. Louis next fall, seven other parishes confirmed today that their schools will remain open.
All nine schools are members of the South City Collaboration, a coalition of parishes working together on challenges in their schools like declining enrollment, financial difficulties and the shifting population of south St. Louis.
Host Michel Martin continues the conversation surrounding Missouri's controversial school transfer policy with Don Marsh of St. Louis Public Radio; Ty McNichols, who leads the city's Normandy School District; and Eric Knost, Superintendent of Mehlville School District.
Many state officials have been receptive to a fresh proposal to overhaul the state’s school accreditation system, but the plan would take years to implement and won’t help the districts facing bankruptcy over student transfer and tuition costs.
When Michel Martin, host of NPR’s Tell Me More, brings her show to St. Louis Public Radio’s home of UMSL at Grand Center on November 8, 2013, it should come as no surprise that education will be a topic.
Companies from across the St. Louis region are launching a new program on Monday that’s aimed at steering women toward careers in science, technology, engineering and mathematics, or STEM, related fields.
The mentoring and job shadowing project is a partnership between the private all-girls Catholic high school Cor Jesu Academy and companies that include Ameren, Watlow and Barry-Wehmille Companies, Inc.
President of Cor Jesu Academy, Sister Barbara Thomas, said they’ve worked with each company so that a woman engineer is onsite to guide students.
This fall more than 2,500 students climbed on board buses and into taxis leaving the unaccredited Normandy and Riverview Gardens Districts for accredited districts in St. Louis and St. Charles Counties.
The migration began after a ruling this June by the Missouri Supreme Court, which upheld a controversial state law.
It just so happens that the two unaccredited districts are predominantly African-American, and the districts chosen to receive them are largely white.
As St. Louis Public Radio’s Maria Altman reports that’s drawn some comparisons to an earlier time.
In Missouri, as in most states, public schools are administered by local school boards. The boundaries of school districts are drawn in accordance with state law. Schools are funded primarily through local property taxes. Districts with higher per capita incomes tend to have better schools. The districts most in danger of losing their accreditation tend to be those with lower per capita incomes.