§ 30700 District Bond Issuance Authority

• •The district can borrow money if the law allows it.
• •They can issue bonds (like IOUs) to get money.
• •They can take on debt, but only if the law says it's okay.

A school district needs money to build a new school.

The district can borrow money by selling bonds, but only if the law allows it. This means they can get the money now and pay it back later.