Betting on Bonds

Web Abstract: 
This looks at school construction bond referenda proposed and passed in 2005. A bond proposal signifies an institution's need for capital funds; it's passage is a barometer of the public's support of school infrastructure issues. Of the 667 school construction bond issues proposed in 2005, 60.6 percent were passed (representing more than $17 billion). The percentage is down slightly from the 69.9 percent approved in 2004. Total-dollar amount of school construction referenda passed in 2005 was down from the almost $35 billion approved the year before. Much of the difference can be attributed to California's massive $12.3 billion statewide initiative passed in 2004.
Agron, Joe
American School and University
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References to Journal Articles