§ 59531 Public Funds Refunding Aid

• •The government can only give public money to help with refunding if it's really needed.
• •They have to decide if it's good for the public before giving the money.
• •This rule was added a long time ago, in 1951.

Imagine a town wants to help a school pay back some old loans so they can build a new playground.

The town leaders have to first decide if helping the school is really important and good for everyone in town. If they say yes, then they can give the school some money from the town's funds.