§ 17111 Revenue Bond Issuance Contracts

• •The school board can make deals with private companies or people.
• •These deals can be for building projects or renting/leasing school facilities.
• •The deals help pay for things using special bonds (like a loan for schools).

A school needs a new gym but doesn’t have enough money.

The school board can team up with a construction company to build the gym. They might use special school loans (bonds) to pay for it and then rent the gym out for events to earn money.