Meh. It's the world we live in. It's called government work, prevailing and making sure anyone/everyone that is involved in the job gets paid well. Like it or not, that's called government work. And tax payers pay for it. I don't think it's that far off, especially when you consider the demo. Asbestos removal, concrete removal (can't just dump that into the hole, you know). remember those pictures you posted with all that concrete? That has to be disposed of properly, ya know.
Regarding schools as a racket... maybe and lets go with that concept for a moment. What else do you do? It's called being blackmailed. Because who suffers? The kids. No matter what side you're on.
If you're a budget hawk, "Is our future really where you want to go CHEAP?!?!? What kind of filthy animal are you?! The kids! The KIIIIIIIDS!!!!!"
But on the flip side of that, my home town hasn't passed a bond in over a half a century. The middle school has a building that is literally closed off because it's too dangerous to go in. When I went to school there, only 2 of the 4 floors were available. Now, it's completely locked up. And no bond passed. They are bringing in double wide mobile home shells (open span) for classrooms because they are running out of room. It's today's world. Everything is expensive. Yet the kids, literally, are the ones to deal with it. The sad thing is, how it is affecting the town. It's becoming a "old person town", no offense to anyone. No one with kids wants to go there. No one with kids wants to stay there. No kids like it there. So the town is slowly but surely (and quite literally) dying. This was my analogy to the tri-cities. Unless the influx of retiree's equates or exceeds those passing, it's a dangerous demographic for any city to flourish with. And when the voting starts to reflect such things, it's a very serious red flag, IMHO.