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When CA passes a general obligation bond to fund school construction, how long does it have to use the money?

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When CA passed prop 47 in 2002, prop 55 in 2005 and most recently prop 1D in 2006, was there a time limit during which CA would have to spend the funds? Are those funds available to school districts indefinitely (until they’re all spent), or do they have a fixed window to claim the funds before the money goes away? Please help!

Thanks!


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