-
|
-
|
E-Mail Forum | |
RETURN | |
California Department of Education Recommends Approval of WCCUSD Debt Waiver - Board Vote on March 11, 2011 February 26, 2011 |
|
Although voters have approved issuing bonds to complete the WCCUSD capital projects program, which includes modernization and construction of new schools, the State of California has an arbitrary limit on the ratio of bonded indebtedness, which would have limited the amount money that could actually be spent due to the devaluation of property during the recession. The District applied for a waiver, which has now been recommended for approval by the California Department of Education at its March 11 meeting. For more information, see: Much credit goes to the WCCUSD Board of Education members, WCCUSD staff, and particularly to Charles Ramsey who has bird dogged this issue for months, attending every city council meeting in the District to successfully secure endorsement.
|
|
RETURN |