Over the long term, a growing percentage of general state aid — historically used to fund operations — has been going to pay off bond debt. (psmag.com)
Revenue bonds finance projects that pay off the bonds with revenue generated from the project. (us.etrade.com)
The college will kick in $ 1.6 million of the total cost through lease payments to the county that will pay off the bonds issued to help fund the construction. (dailyfreeman.com)