Can't the school district borrow money by issuing bonds?

The district issued bonds and continues to pay that debt for schools such as Atlantic Coast High School and Waterleaf Elementary School, which were built many years ago. To take on debt through bonds, the bonds must be backed with a predictable source of revenue. Because state funding sources have decreased so significantly, there is not enough predictable funding to back a bond issue. If the voluntary half-penny tax is successful, that predictable revenue will enable the district to issue bonds and accelerate work on the highest priority school projects.

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Duval County Public Schools

Tel: 904-390-2000         1701 Prudential Drive

                                      Jacksonville, FL 32207

Duval County Public Schools is an equal opportunity school district. 

Duval Schools has policies and procedures in place to protect its employees, students and anyone associated with the District from discrimination, harassment, sexual harassment or retaliation. It prohibits discrimination based upon race, color, gender, age, religion, marital status, disability, sexual orientation, gender identity, political or religious beliefs, national or ethnic origin, pregnancy, genetic information or veteran status.

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