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Bookmark or Share- What is a bond? Why am I always being asked to vote for one?A bond is basically a loan that a school district takes out, and which property owners in that school district pay back through an increase in property taxes.
- School Financing Basics — Bond Accountability CommissionA school district gets consent from voters to raise taxes to pay for a loan or a bond. A financial institution sells the bonds, another name for an IOU, and gives the money to the school district. The tax money pays back the bond and the interest over several years to the bondholders.
- How are school bond projects paid for? KSAT ExplainsThe IRS says Texas can guarantee roughly $117 billion in school bonds. Texas schools have already applied for $111 billion in voter-approved bonds.
- How do school bonds work? - We Go PublicLikened to a home mortgage, a voter-approved school bond allows a school district to borrow funds. The Board of Trustees authorizes bond elections, and State law grants the Board the authority to sell bonds.
- What Are Education Bonds? | GCU Blog - Grand Canyon UniversityWhat Is an Education Bond? Contrary to school bonds, education bonds (also called savings bonds) represent a unique investment tool typically aimed at attracting private capital for educational endeavors. Unlike school bonds issued by districts, education bonds are typically issued by entities such as governments, multilateral development banks ...
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