§ 25873 District Investment Reinvestment Authority

• •The district can buy and sell special money papers (like bonds) to make more money.
• •When they sell these papers, they can use the money to buy new ones.
• •This is just about how they handle their money, not about regular people.

Imagine the school district buys a savings bond to earn extra money for new school supplies.

If they need cash later, they can sell that bond and use the money to buy another one. It’s like trading in an old toy for a new one, but with money papers.