School bond and tax elections in Hawaii
Laws affecting school finance
Hawaii bond issue law
The Hawaii Constitution grants power to the Hawaii Legislature to approve all bond issues in the State of Hawaii. School districts in Hawaii are entitled to special purpose revenue bonds. Not-for-profit private nonsectarian and sectarian elementary schools, along with public elementary and secondary schools are eligible for special purpose revenue bonds.
A Special Purpose Revenue Bond is defined under Hawaii law as a bond payable from rental or other payments made to an issuer by a person in agreement to a contract and secured under the parameters of Hawaii law.
Under the Hawaii Constitution, all special purpose bonds must be paid through a good faith effort to pay down the principal of the bonds and interest.
- Voting on school bond and tax measures
- Where to find information about local school bond and tax elections
- School bond election
- Approval rates of local school bond and tax elections