TITLE

Report Pegs Cost of Arkansas School Facilities Improvements at $2.3B

AUTHOR(S)
Albancse, Elizabeth
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that bringing Arkansas school facilities into compliance with standards outlined by the state Supreme Court in 2002 will cost the state $2.3 billion. Funding options for those school needs are expected to be the major focus of the Arkansas Legislature when the General Assembly convenes on January 10. Financing proposals bandied about have run the gamut from a massive state bond issue to debt service assistance for poor school districts. School districts have been able to sell bonds in Arkansas at extremely attractive rates, and the school bond market is never saturated.
ACCESSION #
15256496

 

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