Bond & Capital Overrides

Since schools in Arizona receive the majority of their funding from the state on a formula based on a snapshot in time of enrollment, there can be funding gaps for things such as aging infrastructure, rising operational costs and the need for new technology and programming.

Bonds are one funding mechanism allowed under Arizona state law to help public school districts pay for capital projects, with voter approval. Public school districts can issue bonds to pay for capital investments for projects that have a useful longer than five years. Bonds are typically used to fund facility construction, maintenance, security and building improvements.

 

In 2018, the Nadaburg Unified District asked the community to vote on a $2,436,000 to start our High School Program (Mountainside High School) along with various item such as renovations, technology and security. With the support of the community, the measure passed.

Bond Fact Sheet