Alpine School District Bonds 101
Alpine School District now has more than a $1Billion dollar of annual revenue and expenses in its FY2023 Budget. It can be a bit confusing and overwhelming even for professionals not familiar with fund accounting. This video and slide deck will help unravel what Alpine School District is really saying that its proposed $595M bond is a “NO TAX INCREASE” Bond! Hint–Forbes Magazine tells us what you likely already knew, but couldn’t explain, there is NO SUCH THING as a “no tax increase bond”.
Forbes Magazine article that clearly explains why there is no such thing as a “No Tax Increase Bond”:
Here is a link to a PDF of the slides used:
https://drive.google.com/file/d/1avIV-g77PfY8rJU29K4Av5SVdSRQJQoz/view?usp=sharing