Where is the bond money going to go? Can the district use the money for anything else?
The bond money will be used only (and exactly) for the items we’ve described in the pre-bond brochure material. The money cannot legally go into the general fund or be spent anywhere else in the District. The bond ballot language spells out how the money can be spent. Legally the District cannot deviate from the bond language. If money remains at the end of the projects, it must be used to offset debt service and will save the taxpayers money.
Questions? Please Contact:
Stephen Schreibeis at 406-377-5339 or email@example.com