§ 15109 Joint District Bond Adjustment
This law lets a shared school board move 1% of the borrowing limit from the elementary district to the high school district when the districts are big enough and middle‑grade kids go to high schools.
A city has an elementary district and a high school district that together serve 320,000 students. The same board runs both districts, and 7th‑ and 8th‑graders attend the high schools. The board decides to shift 1% of the elementary district's borrowing power to the high school district to help fund a new science wing.
Because the districts meet the size rule and share a board, the board can file a resolution that takes 1% of the elementary district's bond limit and adds that amount to the high school district's limit.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 15109 Joint District Bond Adjustment
Last verified: January 10, 2026