Senator proposes lottery-backed, $4 billion issue for Ohio schools

Goldsmith, Steve
January 1999
Bond Buyer;01/29/99, Vol. 327 Issue 30568, p3
Trade Publication
Reports on Ohio Senator Michael Shoemaker's proposal of a bond issue secured by future lottery profits to build and renovate public schools. Previous use of lottery profits to reimburse the state's general fund for debt service payments; Judge Linton D. Lewis Jr.'s review of Ohio's school-funding methods; Advantages of selling general obligation bonds for schools instead of lease-rental bonds.


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