Does the state education agency guarantee local school districts bonds?

3. Funding State ( Texas ) Facilities assignmentUse the study prompts and questions below to guide your research of how school facilities arefunded in your state. Once you have conducted your research, write a two-page synthesis paper onwhat you learned through your research.1. What are the roles of the school board and district-level administration when consideringdeveloping a bond package?2. What activities are required by your state before a bond election may take place? Does it needapproval from the state education agency? Are there federal guidelines districts must meet?May districts call a special election or must the bond elections take place on standard votingdates?3. Discuss the voting requirements in your state: Must bonds must have only a simple majorityvote to pass? If not, what is the passing threshold in your state?4. Does the state education agency guarantee local school districts bonds?You will have a title page and reference page for this assignment.