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Tuesday, December 10, 2013

LAUSD Ipads - Bought with Construction Bonds?

I thought Construction Bonds were supposed to be used for Buildings? LAUSD is using it instead to buy iPads, that will last 4 years, and be paid over 25 years.

I was surprised when I found out the source of the funding.

In school iPad project, L.A. might need to tap funding for keyboards - LA Times

And for more details:

http://calwatchdog.com/2013/02/14/l-a-unified-uses-construction-bonds-to-buy-500-million-in-ipads/
L.A. Unified uses ‘construction bonds’ to buy $500 million in iPads - See more at: http://calwatchdog.com/2013/02/14/l-a-unified-uses-construction-bonds-to-buy-500-million-in-ipads/#sthash.wio0Z87o.dpuf
L.A. Unified uses ‘construction bonds’ to buy $500 million in iPads - See more at: http://calwatchdog.com/2013/02/14/l-a-unified-uses-construction-bonds-to-buy-500-million-in-ipads/#sthash.wio0Z87o.dpuf

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