(b) In balancing these constitutional interests through the exercise of its legislative
authority, the general assembly has enacted limitations on the ability of school districts
to incur indebtedness;
(c) A statutory restriction has been imposed on the amount of bonded indebtedness
that school districts can incur with voter approval for capital improvements;
(d) From time to time, changes to such limitations imposed on school districts are
necessary in order to keep these constitutional interests properly balanced in light
of changing circumstances;
(f) No change in school district debt occurs by virtue of statutory changes that increase
a limit when the debt would not actually increase without school district voter approval
and any actual weakening occurs only when school district voter approval is obtained
under an increased limit; and
(g) By requiring voters to give approval at the school district level for any weakening
of a school district limit on debt, the voter approval requirement of section 20(1) of article X is satisfied in a manner achieving a reasonable result through legislative harmonization
of constitutional provisions.
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