Remember Tim: Bonds are for Buildings, Levies are for Learning Salaries and Benefits
Dennis Tester Mac-Groveland
----- Original Message ----- From: "Renee Jenson" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Friday, January 28, 2005 11:10 AM
Subject: [StPaul] SPPS Capital Improvements
Tim wrote:
Maybe someone could explain how school district bonding >works. How does this relate to the operating budget?
Remember Tim: Bonds are for Buildings, Levies are for Learning.
You can use the money that School districts have to go to the voters and ask them to raise taxes for learning in the classroom - a levy. Those funds can be used for teacher salaries and your operating budget. Levies increase the districts general funds.
Bonds can only be used for Buildings. Roof, improvements, new schools, whatever. Bonds increase the districts Capital Imrovement Funds.
Ren�e Jenson Como _____________________________________________ To Join: St. Paul Issues Forum Rules Discussion Email: [EMAIL PROTECTED] ____________________________________________ NEW ADDRESS FOR LIST: [email protected]
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