Tuesday there is an election that will decide if our school district is able to issue a school bond referendum. The district wants to build an addition and rework some space. I know that this is a way for school districts to borrow money. In IL school tax rates are capped so school so that they cannot raise our property taxes. School districts often use bonds to get money to make school improvements. What I don't quite understand is if issuing bonds raises property taxes. I understand that bonds mean that the district will have debt to carry but do they also raise taxes?