§ 9542 Bond Fund Credits

• •Money from selling bonds or coupons goes into a special fund.
• •The county treasurer keeps track of all the money paid for these bonds or coupons.
• •The county treasurer tells the State Treasurer how much money was paid.

Imagine your school sells cookies to raise money for a new playground. The money from selling cookies goes into a special jar.

Just like the cookie money goes into the jar, the money from selling bonds or coupons goes into a special fund. The person in charge of the money (county treasurer) keeps track of it and tells the state about it.