In this course, participants will examine the legal and financial issues relating to why, how, and when school districts seek to borrow funds by issuing debt in the form of notes or bonds. Participants will discuss when a referendum is necessary, and the legal requirements for bringing a proposal to the voters. Participants will identify the roles of key participants in debt issuance, such as financial advisor, bond underwriter, bond counsel, disclosure counsel, and others. Finally, participants will examine the total cost and components of issuing notes and bonds.