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How to Identify a “Good” Bond

In November 2016 Californians approved Prop. 51, authorizing $9.0 billion in new borrowing for construction and upgrades of public schools. Also on November 8, Californians approved 171 local bond measures, authorizing over $22 billion in additional financing for construction and upgrades of public schools. This new borrowing is only to construct and upgrade K-12 and […]