Coffman says he wants to know whether district officials hid the budget shortage until after the November election, when voters approved a $212 million bond issue for schools.

Last November California voters approved a $10-billion bond toward a rail system that will move passengers the 432 miles between San Francisco and Los Angeles in just over two and a half hours.

Article 18 a stock exchange, approved by the Commission and registered in accordance with applicable laws, shall deposit an operation bond with the National Treasury.