§ 15340 School Bond Election Process
This law lets a school board that has created a school facilities improvement district hold a special election to ask voters if the district should borrow money by selling bonds, which will be paid back with property taxes from land inside the district.
A school district wants to build a new science lab. It creates a school facilities improvement district that covers the land around the school, then calls a special bond election so voters can decide if the district should issue bonds to fund the lab.
If voters say yes, the district can sell bonds to get the money needed for the lab. The money to pay back those bonds will come from property taxes collected on the land inside the improvement district.
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§ 15340 School Bond Election Process
Last verified: January 10, 2026