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Nancy001 Posted 18 years ago
Vocabulary

School-bond issues & charter schools

What do these two terms mean?
Thanks very much.
  

Top answer

Hello nancy, and welcome to the forums. The first is issues that relate to school bonds. Presumably the town is selling bonds to finance the construction or repair/renovation of schools.

  • Hello nancy, and welcome to the forums.
  • The first is issues that relate to school bonds.
  • Presumably the town is selling bonds to finance the construction or repair/renovation of schools.
  • A charter school is special type of public school that is run more like a private school, although it receives public funds.
  • Often it has a focus, like math and science or performing arts, or early bilingual education.
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4 Answers
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Hello nancy, and welcome to the forums.
The first is issues that relate to school bonds. Presumably the town is selling bonds to finance the construction or repair/renovation of schools.
A charter school is special type of public school that is run more like a private school, although it receives public funds. Often it has a focus, like math and science or performing arts, or early biling
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Thank you, Grammar Geek for your kind response.
Did you mean to say that in the States any town could borrow money from it's local (?) residents by selling them bonds?
And the people who lend money to them are the ones who buy bonds?
So how are the schools going to pay the debts?
Could you tell me how the system works maybe?
Thanks very much.
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I'm afraid my knowledge of local funding is less than it should be.
The school board is elected from members of the general public. As I understand it, they are responsible for the budget as well as long-range planning for the schools.
Schools are financed in part by the state and in larger part by local taxes. Where I live now, we have a totally separate tax bill for the schools. In th
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Thanks, Grammar.
I like your explanation very much.

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