[quote=all][quote=bearishgurl]SK, I was referring to outlying areas. Carmel Valley is not really outlying, and, in any case, a portion of its MR bonds should now be ~10 years from maturity/retirement.[/quote]And no true Scotsman…[/quote]
What about the subdivisions which were built in Carmel Valley in the very early nineties??
[quote=all]Carmel Valley is not outlying, but the area right next to it is?[/quote]
Yes.
[quote=all][quote=bearishgurl]Here’s a question for the PUSD Board: “If you purport to currently have a ~$168M “surplus” in MR bond revenue, then, pray tell, why aren’t you using most of it to pay down the ill-fated Prop C monies you borrowed at subprime interest rates??”[/quote]MR is to be used to build and maintain the infrastructure in the covered area. Prop C money is for the schools outside the MR areas.[/quote]
captcha, my understanding is the Prop C bonds are paid by ALL property owners within the PUSD. If you own there, take a look at your last tax bill.