State legislation would authorize $700 million in bonds for Washington schools

March 12, 2014
If approved, the money would enable the state to build classrooms and reduce class size.

State legislation that would permit the issuance of $700 million in bonds for school construction in Washington state has moved forward.

House Bill 2797, which would authorize the issuance of $700 million in lottery revenue bonds, secured House approval last week, The Bond Buyer has reported.

If approved, the money would enable the state to build classrooms and reduce class size. Seattle, Spokane and Vancouver school districts have reported classroom shortages to the tune of 346, 150 and 120 classrooms, respectively.

With the session ending Thursday, there is not much time left for the Senate to take up the bill. Currently, the bill is scheduled for a public hearing in the Senate Committee on Ways and Means. 

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