In re Board of School Directors

Opinion by

Judge Craig,

The Board of School Directors of the Fort Cherry School District (district) appeals a Washington County Common Pleas Court decision denying its petition for authorization to issue general obligation bonds or notes based upon the “unfunded debt” provisions of the Local Government Unit Debt Act.1 We affirm.

*605Although the district’s petition originally alleged that it had a projected unfunded debt for the 1980-81 school year of $171,000 for “current operating expenses then due and owing,” the district business manager testified at the June 26, 1981 hearing on its petition…