How did the 2013 tax ratification election (TRE) affect the bond program?

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Following substantial state budget cuts in 2011, the district cut staffing and other items to reduce its budget by $26.5 million When the state legislature convened in 2013, it restored only 30% of the funding cuts. In response, the district asked voters to approve an additional 13 cents on the tax rate for operations. To lessen the impact on taxpayers, the debt tax rate was lowered by 5 cents, and voters were told that surpluses generated by the TRE would be utilized as a temporary bridge to provide for capital project needs until the debt payment schedule had a decline. This strategy has been utilized and has allowed the district to extend the life of the 2008 bond program an additional few years.