The State Auditor’s Office (SAO) has published an audit certifying that, for the fiscal year ended August 31, 2023, the amount of school district and charter district bonds guaranteed by the Permanent School Fund’s (Fund) Bond Guarantee Program (Program) was within the limits applicable to the Program. In addition, the Fund had sufficient capacity to meet the State Board of Education’s (Board) requirement to hold 0.25 percent of the total guarantee capacity in reserve for the same time period.
For more information, see the full audit report here (PDF).
