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Committee clears SFUSD to issue up to $531 million in school bonds

San Francisco Board of Supervisors Budget and Finance Committee · January 18, 2012

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Summary

The Budget and Finance Committee recommended that the full Board authorize the San Francisco Unified School District to issue and sell up to $531 million in general‑obligation bonds over multiple series; budget analyst estimated the full tax impact at $105.45/year for a $500,000 residence when fully issued.

The Budget and Finance Committee on Tuesday recommended that the full Board allow the San Francisco Unified School District to issue and sell up to $531 million in general‑obligation bonds over several series to fund school modernization and repairs.

Supervisor Kim introduced…

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