ExploRIII 2014 Volume 2 | Page 13

13 howabond issueworks needed to pay for the construction of the project. The school district, in turn, pays the buyers back over time with interest for the length of that loan. For the buyer, purchasing bonds is a safe investment. The Lincoln County R-III School District has an AAA bond rating in the State of Missouri. Ever wonder how a bond issue works? Once approved by voters, bonds are sold in the open market to those people or organizations interested. In Lincoln County R-III, organizations like Peoples Bank & Trust or Community State Bank will often times purchase our bonds. When bonds are purchased this provides the school district the upfront capital proudly sponsors A Financial Literacy Education Program taught during High School Business courses in the Troy and Winfield School Districts. The EverFi platform is an award-winning, web-based program that teaches, assesses, and certifies students using the latest new media tools to create a unique, interactive experience. The program places students in "virtual environments" such as a retail bank floor and the stock exchange, to teach topics of budgeting, saving, credit scores, investing, applying for student loans and more. The curriculum covers more than 600 topics and maps to the Missouri standards for personal finance. The system tracks the progress and score of each user to provide teachers and sponsors with visibility into the students' performance and knowledge gain. We are committed to preparing our high school youth for the real world of personal banking, budgeting, investing & more! 2100 HWY C #10 FREISE INDUSTRIAL DR. 1093 WENTZVILLE PKWY 410 T.R. HUGES BLVD. 636-665-5601 636-356-4000 636-332-4906 636-980-3585 OLD MONROE MOSCOW MILLS WENTZVILLE "You're right at home when you bank with us." | www.bankofoldmonroe.com O'FALLON Now offering online mortgage applications...apply today!