San Diego news from inewsource Journalism for the common good
This is the story of how one school district found itself owing nearly $60 million on a $35 million bond. Read More »
Tag Archives: santee school district
How bonds get so expensive
Why districts use bonds, and how some of them grow to payback ratios of 16 and 17 to 1. Read More »
Ticking Time Bonds: In some San Diego County school districts today’s debt is tomorrow’s burden
School districts in San Diego County and across California that use capital appreciation bonds saddle future generations with debt, sometimes at double-digit debt ratios. Read More »