Bonds and buckets

How an approved bond funds improvements without impacting the tax rate

Megan Myles, Design Editor

Designed by Megan Myles
Concept designed by Andrew Kim and information complied by Emma Sipple and Jack Padgett.

Maintenance and Operation Bucket:

Funds contained in this bucket can only be spent on recurring expenses, such as fuel for busses, electricity and water bills and teacher’s salaries. Funding also goes to athletics, fine arts and other programs, insurance, lunches, attorneys and utilities.

82%= $163 million budgets to run all campuses this year

 

Approved Bond Spigot

A bond gives the district permission to use money originally intended for maintenance and operation to fund improvements and updates. The bond allows the money left over in the maintenance and operations bucket (the extra 18%) to be transferred to the updates and improvements bucket.

 

Updates and Improvements Bucket:

Funds in this bucket save up much slower compared to the maintenance and operations bucket, prompting the transfer of money. The money in this bucket can only be used with voter approval on one-time costs, such as building new campuses, updating technology, and purchasing new busses.

18%= saved funds from Maintenance and Operation Bucket