§ 16653 Bond Redemption Costs Allocation

• •If the state pays back bonds early, the costs (like fees) are part of the total cost.
• •These extra costs are paid from the same fund that handles the bond money, unless it's the General Fund.
• •The state keeps track of these costs when managing bond payments.

The state decides to pay back school construction bonds early to save money.

Any fees or costs for paying back those bonds early come from the school construction fund, not the state's main money pot.