Submitted by Ariana Fine on Thu, 04/23/2015 - 3:13am
The State Allocation Board has awarded approximately $113.6 million for 41 school construction projects within 22 school districts statewide. The state matching funds are distributed to local school districts to help finance shovel-ready school construction projects or reimburse districts for projects already completed using local funds.
Submitted by Ariana Fine on Thu, 04/23/2015 - 2:09am
A property tax imposed by the state for public schools is expected to generate $17.5 million less than previously anticipated during the next fiscal year. Officials also predict that aid to school districts for construction projects will cost $7.5 million more than previously estimated.
Submitted by Ariana Fine on Thu, 04/23/2015 - 2:04am
Wilson County Schools has submitted a five-year building plan for 11 projects totaling nearly $280 million. In addition to renovation and expansion projects, the district is looking to build five new schools over five years.
Submitted by Ariana Fine on Thu, 04/16/2015 - 2:05am
The Florence Board of Education has chosen to take on its first major school campus construction project in more than 30 years. The board voted to construct a $30 million middle school on the same grounds as the current campus.
Submitted by Ariana Fine on Thu, 04/09/2015 - 2:01am
The California school district will develop a long-range school facilities plan and create a special committee to rank projects that could be built with money remaining in the district's $1.6 billion bond construction program.
Submitted by Ariana Fine on Thu, 04/09/2015 - 1:55am
The budget Gov. Nathan Deal will sign contains $1.1 billion in borrowing for construction and equipment purchases, including $271 million for K12 school construction. Much of that school funding will be utilized to grow school systems in metro Atlanta.
Submitted by Ariana Fine on Wed, 04/01/2015 - 4:42pm
Baltimore County and other high-growth suburban jurisdictions would receive $20 million in extra state money to alleviate school overcrowding. The aid is aimed at school systems with more than 300 portable classrooms over the past five years or with enrollment greater than 150 percent of the statewide average.
Submitted by Ariana Fine on Wed, 04/01/2015 - 4:34pm
A bill to suspend the state’s longstanding policy of helping local municipalities pay for school construction bonds passed the Senate. In addition to putting the school bond reimbursement program on hold for five years, Senate Bill 64 lowers the reimbursement level to 40 to 50 percent when it returns.
Submitted by Ariana Fine on Wed, 03/25/2015 - 4:04pm
The Senate Finance Committee has advanced legislation that would pause state spending on new school debt. State reimbursement for school bonds authorized between January 2015 and July 2020 would stop.
Submitted by Ariana Fine on Wed, 03/25/2015 - 3:45pm
The Cleveland school board is expected to approve new funding for the school construction watchdog panel. One of the biggest changes proposed will be that Bond Accountability Commission members will serve for two-year terms rather than being permanently appointed to their positions.