Pay As You Go: A Better Way of Funding School Construction

Web Abstract: 
Pay-as-you-go funding (via local option sales taxes or earmarked property taxes) is superior to floating expensive bond issues to resolve school construction crises. Districts can plan projects more thoughtfully, focus on project priorities, avoid arbitrage problems and high insurance costs, and address socioeconomic considerations more equitably.
Carey, Kelley D.
American School Board Journal
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References to Journal Articles