7300

Policy

New Construction

Financing

The board shall be responsible for determining methods for financing of new construction. In its deliberations to determine methods for financing new construction, the board shall review bonded indebtedness, debt limitations prescribed by law, provisions pertaining to issuance of new bonds, availability of short-term borrowing, accumulated deposits in district funds designated for purposes of Capital improvements and new construction, and the availability of monies within the general fund of the district.

The board may employ consultant help for identification of alternate procedures and methods of financing.

Legal Reference: R. R. S.

79-1098 Schoolhouse; erection of improvement; equipment; special tax.

79-1099 Schoolhouse; erection or improvement; equipment; submission to voters.

79-10,100 Schoolhouse; erection or improvement; equipment

vote required to approve.

79-10,101 Schoolhouse; erection or improvement; equipment

tax fund; transfer; limitation upon use; investment.

Adopted: October 4, 1983