- See also: School bond and tax elections in Utah
Utah has a state mandated debt limit for school districts that is protected in the Utah Constitution. Under Utah law, the Constitution mandates that the total amount of revenue a school district brings in the previous year is their revenue limit the next year. Also, Utah requires an election for all bond issues. Utah uses a sinking fund to fund bond issues in relation to new construction, capital improvements, and acquiring property. Bonding in Utah cannot be used to retire debt or pay off other liabilities.