School bonds

Allegations of fiscal mismanagement landed a California school district on negative watch.

Since 2013, the Tupelo, Miss., and Lee County school districts have made major additions and improvements to their school campuses. Besides the obvious benefits of those construction projects to the school districts, the improvements have pumped nearly $40 million total into the local economy and employed hundreds of local residents.

Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.

Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.

The Detroit Public Schools Community District plans to cut more than 60 jobs .

Austin voters in November will weigh a $1.05 billion, single-proposition Austin school bond package.

WEST HAVEN, Conn. -- The City Council approved bonding ordinances for both the $17.35 million financing of the city's accumulated deficit and the $133.25 million West Haven High School reconstruction.

FORT MADISON, Iowa -- Voters rejected a $27 million school bond issuance Tuesday that would have been used to build, furnish and equip a new elementary school and a softball and baseball field.

A $60.5 million bond would cover costs of rebuilding much of Clarkston High School as well as making improvements to other schools in the Clarkston School District.

Othello School Board members will decide sometime in July whether or not to submit a construction bond.