Meghan Covert Russell

Meghan Covert Russell

Kronick, Moskovitz, Tiedemann & Girard

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New Law Restricts Ability of School Districts to Issue Capital Appreciation Bonds

KMTG continues our series of updates on new legislation signed by Governor Brown. All laws became effective January 1, 2014, unless otherwise stated....more

3/19/2014 - Bonds School Districts

Update -- State Supreme Court Denies Review of Bond Expenditure Case

We reported back in April that the Court of Appeals restricted the use of bond expenditures in the case Taxpayers for Accountable School Bond Spending v. San Diego Unified School Dist. (---Cal.Rptr.3d---, Cal.App. 4 Dist.,...more

8/9/2013 - Bonds Municipal Bonds

Court of Appeal Narrowly Reads School Bond Measure Language In Siding with Taxpayer Group’s Challenge To High School Stadium...

The California Court of Appeal, Fourth Appellate District, recently held that school district bond revenues could not be spent on stadium lighting where the bond proposition did not specifically list field lighting as part of...more

5/20/2013 - Bonds Proposition 39 Public Schools State Funding

AB 182 Seeks to Limit School Districts' Issuance of Capital Appreciation Bonds

Last week a bill was introduced that would affect school districts' ability to issue capital appreciation bonds ("CABs")....more

1/30/2013 - Bonds Department of Education

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