History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
School district delays paying back bonds
- 07-29-2010
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Blog by Emily Alpert/Voice of San Diego
San Diego Unified is seeking to borrow more money for school renovation and pay it off over a longer period of time. Doing so could help accelerate school fixes and upgrades, which have been delayed because of dropping tax revenues from a bond that voters approved two years ago. But taking longer to pay off the bonds will also mean that San Diego Unified pays more in interest. The question that the school district is wrestling with is whether the added costs of paying off bonds over a longer period of time -- just like taking longer to pay off your credit card -- will be offset by getting money to build and renovate schools sooner while construction prices are low. (more...)
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