§ 29200 Bond Authorization And Issuance

• •The district can decide to create and sell bonds whenever they want.
• •They can sell all the bonds at once or just some of them.
• •This rule was added a long time ago, in 1957.

Imagine your school needs money to build a new playground.

The school district can decide to sell bonds (like IOUs) to get the money. They can sell all the bonds now or just a few to start.