Plan in Washington to borrow against lottery for school construction

Thursday, March 6, 2014

A bipartisan plan for paying for public schools emerged Wednesday in the state House, offering a creative way to pay for $700 million in school construction by borrowing against $50 million a year in future state Lottery profits.

The Legislature is under a state Supreme Court order to fully fund schools by the 2017-18 school year, and most talk about school funding has centered on school staffing and operations.

The proposal unveiled Wednesday would help the state meet its duty by providing hundreds of new K-3 classrooms across the state in time for the expected class-size reductions, according to House Capital Budget Committee chairman Hans Dunshee, D-Snohomish, and Rep. Drew MacEwen of Union, the No. 2 Republican on the committee.

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