§ 7216 Bond Issuance Authorization Rules
This law lets a district's board issue bonds if more than two‑thirds of voters approve a measure to borrow money for public projects.
A city school district asks voters to approve a $10 million bond for new classrooms. After the election, 1,200 people voted yes and 300 voted no.
Since the yes votes are more than two‑thirds of all votes cast, the board can pass a resolution to sell the bonds and raise the money needed for the classrooms.
Yes votes > (2/3) × Total votes cast
Voter tally for the bond measure
Result: 1,200 > (2/3) × 1,500 → 1,200 > 1,000, so the condition is satisfied.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 7216 Bond Issuance Authorization Rules
Last verified: January 11, 2026