bonds

Wake County, N.C. boards continue pursuit of $810M school bond

Wake County commissioners and board of education members appear to be moving closer to asking voters to approve an $810 million school bond that would allow for the construction of 16 new schools in the next 10 years.

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Austin Schools' $892M Bond Plan Draws Attention

Just days before voting begins on the Austin school district’s $892 million bond proposal, architects were still scrambling to fine-tune cost estimates — work that is usually completed before the school board decides to put a bond package on the ballot.

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Coachella Valley USD's $21M in Bonds Approved

Riverside County (Calif.) supervisors authorized the sale of $21 million in bonds by the Coachella Valley Unified School District to support districtwide technology upgrades and supply every student with an Apple iPad.

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Muskegon County (Mich.) Schools Pursuing Tax Increase for Technology

Petitions to put a countywide school technology millage on the ballot in September soon will begin circulating throughout Muskegon County (Mich.). Eleven school districts have petitioned the county to seek the 1-mill property tax increase to pay for technology improvements.

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20 NYC Schools Selected for Software Engineering Pilot

In his ongoing effort to make New York City a technological powerhouse, Mayor Michael Bloomberg today revealed the 20 middle and high schools selected for the city’s new Software Engineering Pilot (SEP) program. As part of the program, the schools will get “comprehensive computer science and software engineering curriculum” for around 1,000 students. The program will launch this September and is expected to grow to 3,500 students by 2016.

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Wash. Senators Back $544M for Schools

The Washington state Senate voted unanimously Monday to authorize $544 million in bonds for school construction projects, including $10 million for security upgrades spurred by the deadly Sandy Hook Elementary School shooting.

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Passing off $980M in School Debt for the Next Generation

ANGELA PASCOPELLA's picture

Stockton (Calif.) Schools Test Muni Market After City Bankruptcy

The public school district that serves Stockton, California, which became the biggest U.S. city to enter bankruptcy in June, plans to issue $45 million in debt as soon as next week in its first sale since the municipality sought Chapter 9 protection.

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Bond Would Address Houston Area Needs

Three southwest-area high schools could receive new buildings and another could get substantial renovations if voters approve a Houston school district bond package to go before voters in November.

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School Reform Commission Moves to Cover Deficit with $300M Loan

The Philadelphia School Reform Commission moved Monday to borrow $300 million to bridge a massive deficit, emphasizing the bond deal will probably be the district's last for several years. In a brief, sober meeting, the commission approved a tough five-year financial plan for the district as a prelude to the bond sale to cover a deficit of more than $200 million in the current $2.5 billion budget, as well as a shortfall anticipated in the fiscal year that begins next July 1.

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