Behind the Story: Orange County Register reporter stays patient and follows the money trail
Melody Petersen of The Orange County Register has two pieces of advice to offer reporters: stay patient and follow the money trail. Petersen investigated school bonds in Orange County after realizing schools were opting for expensive agreements that would push costs onto taxpayers decades after the initial bond was distributed. She found that school districts were accepting deals that would cost taxpayers more than 10 times the original amount in a special bond known as a capital appreciation bond.
Other reports from the Orange County Register state that the bond deals will cost Orange County districts $2 billion over the ...
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