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.
Sponsored Recommendations
Sponsored Recommendations
Latest from dailynews
Latest from dailynews
Sponsored
Sponsored