None
EN
New funding an option for aging school buildings
['Staff Report']
The Farmville Herald
Officials who want to borrow money for school construction often run into bonding limits in their cities and counties.
He sits on the Assembly’s Commission on School Construction and Modernization.
To Youngkin’s credit, in his first year in office in 2022, the General Assembly approved a historic $1.2 billion investment in school construction, aimed at modernizing facilities and reducing funding disparities among school divisions.
That’s why so many communities are desperate to add this option for school construction.
Several have publicly supported the one-cent sales tax in recent years – especially those with modest enrollments and limited tax bases.