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Qualified School Construction Bonds (QSCB) are a U.S. debt instrument created by Section 1521 of the American Recovery and Reinvestment Act of 2009.The Tax Cuts and Jobs Act of 2017 eliminated QSCB issuances as of January 1, 2018, rendering any unissued allocation void, although all previously issued QSCBs remain valid as long as they are not reissued. [1]
In 1964 a $4 million bond issue barely passed. Voters rejected bond measures in 1968, 1973, 1974, 1975 and 1976. During the 1970s the school district had to borrow monies from the state for school construction. In 1989 a $47.7 million bond issue was passed, which originally cost taxpayers $103 for every $100,000 in property value.
Proposition 13 (officially named as the "Public Preschool, K-12, and College Health and Safety Bond Act of 2020") was a failed California ballot proposition on the March 3, 2020, ballot that would have authorized the issuance of $15 billion in bonds to finance capital improvements for public and charter schools statewide.
California was swimming in money just a few years ago as budget surpluses totaled well over $100 billion through the pandemic. The climate bond alone will cost taxpayers more than $19 billion to ...
Rumors that San Luis Obispo County school districts are placing litter boxes in restrooms to accommodate students who identify as “furries” are false, school district administrators say.
California's Long Beach Unified School District emailed parents to tell them period products will be available in girls' bathrooms and at least one boys' bathroom starting in 3rd grade.
Freshmen could only borrow $2625, $3500 for sophomores, and $5500 for each year thereafter without collateral or credit. Now Freshmen can borrow $5500, Sophomores $6500, and juniors $7500. [21] The study predicted that students failing to repay those loans would be a huge cost to the government, which we now know is true.
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