Photo by Sam Hodgson
The headquarters of the Poway Unified School District.
On the latest episode of VOSD Radio, we go inside the exotic new wave of public school borrowing that could cost taxpayers of the future dearly. They’re known as capital appreciation bonds and allow school districts to borrow money now without raising taxes. The catch: they don’t even start paying the interest for decades, pushing off today’s costs on tomorrow’s taxpayers.
VOSD Radio also airs on Newsradio FM 95.7 and AM 600 KOGO on Saturdays at 7:30 a.m. Subscribe to the podcast here.
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