I, for one, did not approve of Prop C in 2008. While the "no raising of taxes" was tempting, I would have liked to reduce the 800 dollars a year I was paying on my property taxes to pay for already existing School and Community College bonds. If they had been allowed to lapse I would have made those savings – but no luck there.

Prop C passed because, God forbid, our children would have to attend schools that were over 20 years old – and if the bonds were not "going to cost us anything more", lets go for it.

As a 65 year old Poway resident, I should really not worry about this looming debt.

I probably won't be living here in 20 odd years time when this debt becomes payable(or anywhere else for that matter)

As one poster says, maybe its right that today's taxpayers are not paying for this debt but that the children, who are attending these new schools and getting their first class education because of them, should pay for them when they enter the job market.

One amusing thing that has come out of this? Poway is now known to the global financial world, since Gillian Tett wrote about its "creative even exotic financing" in the Financial Times.