File this report under "Department of Bad Things That Are Likely to Become More Common as the State Budget Worsens": a cash-strapped San Diego-area school district is diverting bond moneys -- which are supposed to used for capital improvements -- to cover its operating expenses. The district blames state budget cuts. More details at the Union-Tribune.
A School District Diverts Bond Money to Operating Expenses
By Joe Mathews
Updated at 7:40 AM PST on Thursday, Feb 10, 2011