Schools stunned by voter rejection

Schools stunned by voter rejection:

Voters looked at their rising mortgage payments, the empty houses on their streets and a shaky economy. Then, in 17 of 22 districts, they shot down proposals to maintain funding for Valley schools, deciding they couldn't afford it.

Expect much more of this. The housing market is tanking, people are asking for lowered property tax appraisals, tax receipts are down, we are on the verge of a major recession... school funding is going to be a low priority for many people.

Of course, as house prices come down to reasonable levels, teachers will be able to finally afford to buy a decent house in a decent neighborhood.