Maybe someone could explain how school district bonding works. How does this relate to the operating budget?


Where does this money come from and how is the overall bonding budget set?

Thanks in advance....

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Projects move forward
$56 million in renovations, expansions gets preliminary approval
http://www.twincities.com/mld/twincities/news/local/10742964.htm

"The only drama left from the St. Paul school board's decisions on how to spend $56 million worth of capital bonds involves a possible eight-lane track and third gymnasium, both at Central High School."

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