The San Ysidro School District governing board voted 5-0 to authorize a resolution asking the State Board of Education for a debt-limit waiver so the district can issue recently approved general-obligation bonds.

The move is intended to let the district issue new bond measures that would otherwise push it above the statutory debt cap. "This resolution would enable the district to apply for something called a debt limit waiver," said Joe, a financial advisor with Debt Spotting Company, who explained the state waiver process to the board. "The limit is equal to 1.25% of the district's total assessed value."

The waiver is a common step for smaller districts whose outstanding bonds approach the statutory ceiling. Joe told the board the State Board of Education requires a board resolution and supporting documents; if the application is complete, the state is obligated to grant the waiver. He said the district's application materials are ready to file against a rolling deadline and that the State Board is expected to consider the request at its September meeting. If granted, the waiver would permit the district to issue its recently approved bond measures (listed in meeting materials as Measures KK, NM and LL).

Board President Zenaida Rosario called for the vote after the presentation; the board approved the resolution unanimously. The board did not take additional public comment on the item.

District officials said the waiver request is procedural: it does not itself authorize bond sales or spending but clears a legal hurdle so the district may later issue the bonds if and when it completes required steps. The board's action follows an earlier, similar waiver tied to past measures U and T, which the district previously obtained.

The district will submit the waiver application and related documentation to the State Board of Education; a state action in September would be the next formal step before any bond issuance could proceed.