California issues billions of dollars in school bonds and with interest, taxpayers will have to pay almost double to retire the bonds. Local school districts have issued even more in bonds to match state grants. All of these bonds mean one thing: it is very profitable to be in the school construction and maintenance business.
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Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.