The school-choice funding model in Massachusetts is based on the economic principle that the marginal cost of educating an additional student is much lower than the average cost per student.
Inspector Edwin May did his job by interpreting what was available on the books. He treated Kearsarge’s project, which is to generate power at discounted rates for three central Massachusetts municipalities, as “light industrial” and so not allowed on the land the company planned to lease from farmer Bob Coons.