Bonds and overrides must be approved by voters, and Dysart Unified School District officials are creating a path to get to the wants of Surprise and El Mirage residents in order to cover the needs of the district.
The purpose of a bond committee will be to come up with bond items such as new schools, safety improvements, school buses, building improvements and equipment and other projects, which must be a funded project with a useful life longer than five years.
Bonds are paid a set period of time and authorized by voters and funded through property taxes. Overrides are approved for a term of seven years and according to Marydel Speidell, assistant superintendent for business services, most districts will ask voters for a renewal in year four or five of an override to maintain a consistent level of funding.
