School systems with a rating of "A" or lower can save money by insuring their bonds because, in almost every instance, the reduced borrowing cost more than offsets the bond insurance premium. Included is a list compiled by Donna Harrington-Lueker of the four major players in the bond insurance field and elements to consider in choosing…

The combined effect of the "Serrano" decision and Proposition 13 left California school districts with aging, overcrowded facilities. Chico schools won a $18.5 million general obligation bond election for facilities construction. With $11 billion needed for new school construction, California will need to tap local sources. A sidebar…

Explains how school systems can fund a self-insurance program with a bond issue. To meet the costs involved, a group of school systems or other governmental entities can join to create a risk pool. (MLF)

Notes four strategies that will almost certainly result in losing a school bond election, then discusses four strategies that increase the probability of passage. (SR)

To help sell a school bond issue in Akron, Ohio, the district recruited speakers that the voters could identify with: coaches, school board members, ministers, parents, senior citizens, and key school staff members. Speakers were brought together for a training session to go over presentation skills and the key selling points identified by the…

Provides an overview of changes in Treasury Regulations as they affect school debt financing, including bond and note construction and acquisition issues, other types of equipment and property financing, as well as tax and revenue anticipation notes for working capital needs. (MLF)

A rural Wisconsin school district passed a $5.5 million referendum package on the first try. Credit is given to a 20-minute video edited by a volunteer school-board member. The amateurish, homemade effort did not seem to hurt the video's effectiveness. An address is given to obtain a copy of the video. (MLF)

Discusses how including the community in the decision-making process for school design helps prioritize design needs in new school construction and inspires customization and creativity. Highlights an example of how community inclusion can help sell new-construction bond issues. (GR)

Difficulty passing referenda to authorize school bonds necessary for important school capital purposes prompted New Jersey to enact legislation to authorize a school district to acquire a site and school building by lease purchase agreement. Advantages, disadvantages, and voter attitude are discussed. (MLF)

The House-approved version of the tax bill H.R. 3838 will increase borrowing costs to local and state governments. Educational costs will either increase or educational services will decrease. The House legislation also would treat all nontuition student aid as income and place a cap on pension funds. (MLF)

In the Greenwich (New York) Central School District, after a complete engineering study determined the renovations needed, the superintendent and a citizens' committee sold the community on a bond issue to reroof four buildings with a silicone urethane system. The bonds will be paid back from savings on energy costs. (Author/MLF)

Presents case studies of school district's efforts to get a school construction bond passed. It reveals multiple-year work where the districts put politics to work and succeeded in securing funding for their students' futures. Fifteen organizational steps for successful bond passage are highlighted. (GR)

A poll of 1,933 voters in two counties that passed school bonds and two that did not examines voter perceptions toward school bonds. The factors linked to passage were that the number of students was growing, that most students would benefit, and that the dollar amount of the bond issue was reasonable. (SLD)

Lewiston-Porter is a suburban western New York district with 2,700 students and a history of budget and bond referenda defeats. This article describes the district's development and implementation of a school-community communication system. The multiple strategies and proactive involvement efforts changed community perspective and facilitated a…

Examines voter response to bond issues immediately following Michigan's elimination of its property tax school-funding system. Reviews equity measures, discusses court cases addressing school-facility equity issues, and compares other states' funding approaches. Michigan's system for financing school facilities remains inequitable, and facility…