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Kevin Dayton

Compton Unified School District Authorized By 3.1% of Its Registered Voters to Borrow $350 Million

Preliminary results for the November 3, 2015 elections held in some California counties indicate that voters approved eight of the nine bond measures proposed by a total of eight California school districts. Voter approval means that the districts are now authorized to borrow a specific maximum amount of money for facilities construction by selling bonds to investors. The districts will pay back the investors over time, with interest, by collecting property taxes designated to paying off the bonds.

At this link is a chart (depicted to the right in miniature) that provides the latest preliminary data about the nine bond measures, the election results, and the… Read More