Is this the right time for a local school bond?
YES. As the LA Region continues to emerge from the devastating impact of COVID 19, passage of RR will bring a welcome boost to our local economy. RR projects will generate thousands of construction jobs. Local contractors, laborers, suppliers and neighborhood businesses will benefit as projects are implemented. Economic stimulation from RR across our community will help stimulate and revive our struggling economy when we need it most. Also important to note: voting YES on RR does not mean the school district will issue all the bonds immediately. In fact, the District has the ability to control when bonds are issued depending on the timing of spending, market conditions and other factors. Bonds aren’t sold before money is needed, which is fiscally prudent and in the best interest of property owners.
Was this helpful?