Inflation Haunting Schools.

San Diego Unified voters approved the $3.2 billion Measure U bond measure in November, as the district exhausted the authority in 2012's Measure Z. The district also has two other bond measures it can tap, providing total authorization of $5 billion in unissued bonds. "We have to expend 85% of the bond proceeds within three years of issuance, based on IRS guidelines", Dulgeroff said. California school districts are delaying projects or speeding them up to get ahead of accelerating prices as they contend with supply challenges and rising construction costs. [Extracted from the article]

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