Qualified Bonds

  • Qualified Bonds

    Bonds qualified by the State Treasurer provide school districts with:

    • Access to the State's credit rating; which will usually result in a lower interest rate and cost.
    • Ability to borrow for the principal and interest requirements of outstanding qualified bonds (subject to a minimum debt millage).
    Prior to applying for state qualification, a district should have conducted a thorough local level study regarding the district's facility needs and options for financing those needs.
  • SBQLP Frequently Asked Questions PDF icon
  • SBQLP Administrative Rules PDF icon
  • Bond Qualification Process PDF icon

Preliminary Qualification


Elections


Final Qualification


Issuing Bonds