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43 California districts will share $700 million in Qualified School Construction Bonds

Aug. 31, 2009
Because of the demand for the bonds, the state held a lottery to choose districts

News release: California Superintendent of Public Instruction Jack O'Connell says 43 school districts have been selected via lottery as recipients of $700 million in Qualified School Construction Bond (QSCB) tax credits. A lottery selection process was necessary because the number of applications exceeded the allocation available.

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