What is a Bond?

What is a Bond and why are we voting on it?

Answer

A school construction bond is a loan to the District and is the primary way a school district can borrow money for building construction. Bond measure 3B would authorize an increase in property taxes to repay the borrowed money and interest.

The district is asking for a $148 million increase in order to alleviate the overcrowdning of our schools and for safety upgrades.  

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