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Citing CPC study, new Assembly bill seeks to stop runaway school bond debt
Saturday, March 26, 2016 16:58
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It’s Your Backyard Ventura County A California Assemblyman hopes to stop school officials before they recklessly spend again. AB 2116 author Rep. James Gallagher (R-Sacramento Valley) says his bill would limit the ability of school districts to take on debt through new bonds – even authorizing county auditors to stop spending if bond “funds are not being spent appropriately.” “Borrowing for school construction has […]
Source: http://citizensjournal.us/citing-cpc-study-new-assembly-bill-seeks-to-stop-runaway-school-bond-debt/
