Biased guess, but no cigar.
...." because taxpayers aren't getting their money's worth."
The real reason that bonds don't float by voters anymore. My own city school district has floated two bond issues in the past 5 years. One failed, the other did not. Now, the local newspaper is running a story about the city government doing a creative financing deal with the school district because the district is short of funds. I believe that when "Eve" took a bite of the "Forbidden Fruit", it had a National Education Association sticker on it.
Good line.
In Texas they have the Robin Hood system. "Wealthy" districts are tapped to help support districts with lower taxes - the "poor" districts. So the "wealthy" districts have to keep passing bonds to stay even with services they need and still be able to fork over money to the "poor" districts.
I believe TX had two special sessions this summer (I'm not in TX now) to sort out school financing. Of course the tax system is so convoluted and business didn't want to get soaked and LIBERALS wanted to keep soaking the other guy. So nothing changed and the homeowners are still stuck with the bill and being asked for more. They're hopping mad.