Cleveland school construction faces obstacles

Nov. 22, 2010
District bond funds are running out, and state may shrink subsidies

From The Cleveland Plain Dealer: The Cleveland school district's massive construction effort is at a crossroads because the bond program is running out of money. The Ohio School Facilities Commission, which pays two-thirds of expenses it deems justified, wants to shrink the overall cost of the program from $1.5 billion to less than $1.2 billion -- a response to declining enrollment. At the same time, a $335 million bond issue that covers the local share is nearly used up. The Cleveland district estimates it will need more than $200 million to match what the state is willing to fund and to go solo on some projects for which the state won't pay.

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