§ 13841 Bond Payment Appropriations

• •The state sets aside money from its main fund to pay for two things: bonds (like loans) and a special project.
• •First, it pays back the money borrowed (bonds) plus interest when it's due.
• •Second, it gives money for a specific job mentioned in Section 13842, no matter the year.
• •This rule was added in 1984 after people voted for it.

Imagine the state borrows $100 million to build new schools. It also has a project to fix old roads.

The state will use its main fund to pay back the $100 million plus interest over time. It will also keep giving money to fix roads every year, no matter what.