ERIC Number: ED098683
Record Type: RIE
Publication Date: 1974
Reference Count: 0
Bond Sales for Public School Purposes, 1972-73.
King, Irene A.
This report provides data about the sale of bonds for financing the construction of public elementary and secondary school facilities during the fiscal year 1973. Data were compiled on the number of bond sales, the average net interest cost, the issuing agency, and the term of maturity. The report also provides summary information regarding bond elections held, the number approved or defeated, and the par value of the issues voted on. The U. S. Office of Education issues this report annually for the benefit of school administrators, school board members, and others who require up-to-date knowledge of school construction financing. The publication indicates that in fiscal year 1973, 1,273 school bond elections were reported proposing the issuance of a total of $4.0 billion in public school bonds. Bond issues were approved in 719 of these elections for a total of $2.3 billion. The number of issues approved represented an increase of 32.7 percent over fiscal year 1972. The percent of elections approved in fiscal year 1973, 56.5 percent, is a sizable increase from the 47.0 percent approved in fiscal year 1972. Numerous charts and tables are included. (Author/DN)
Descriptors: Bond Issues, Capital Outlay (for Fixed Assets), Construction Costs, Educational Finance, Elementary Secondary Education, Financial Support, Interest (Finance), School Budget Elections, School Support, Tables (Data), Voting
Superintendent of Documents, U. S. Government Printing Office, Washington, D. C. 20402 ($0.60)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Center for Educational Statistics (DHEW/OE), Washington, DC.
Note: A related document is ED 073 550