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School Board Members Scrutinize Bond Issues

Buy-now-pay-later bonds issued by AUSD in 2004 are beginning to come due this year. (File Photo)

Two Alameda Unified School District (AUSD) board members are taking a closer look at district plans to ask for more voter-approved debt later this year, as the risks of the previous tax bond ballot measure, Measure C […]

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AUSD Measure C Bond Repayments Balloon, Extend to 2036

Based on a 2004 tax bond measure, AUSD issued Capital Appreciation Bonds, which have become controversial. (File Photo)

Although the Alameda Unified School District Measure C oversight committee may be wrapping up its work, Alameda taxpayers will be repaying the bonds tied to that spending for another two decades.


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