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.