He also said the district needed more state money for school construction.
He is planning a $1.5 billion building program, including the construction of 11 high schools.
The next round of school construction began in May 1897.
"We're really not doing anything if we don't deal with school construction."
He has all but abandoned a plan to use some of the money for school construction.
In 1978, another bond issue became necessary for the construction of more schools.
The money can, however, be used for new school construction, which is being trimmed to $642 million from $2 billion over the next three years.
Most of it is scheduled to pay for school construction.
He also secured more than $650 million for new school construction.
Democrats did not win support for a new federal role in school construction and repair.