Cincy Schools Budget

Carvlin, Elizabeth
September 2004
Bond Buyer;9/15/2004, Vol. 349 Issue 31969, p31
Trade Publication
The article reports that Cincinnati Public School District (CPSD) board on Tuesday approved a $469.4 million budget for fiscal 2005 after school officials acknowledged spending about $22 million more than had been anticipated in fiscal 2004. The CPSD has issued nearly $500 million of bonds in the past several years in order to pay for the capital program as part of the classroom facilities program. The district was one of the first to issue bonds sufficient enough to bring in the majority of its local share of funds under the program for the capital plan.


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