NC school construction fund stretched as lottery’s education share shrinks
School districts competing for construction grants are feeling the effects of a dip in lottery proceeds earmarked for education.
Those who learned about a new report on Wake County's school buildings only from media reports got the impression that it proved Wake's costs were in line with comparable districts. But that's not what the data show.
WASHINGTON, DC — "Growth and Disparity: A Decade of U.S. Public School Construction 1995-2004," is a new study that finds that the nation's school districts have spent hundreds of billions on construction. Has the money gone where it will do the most help?
RALEIGH — Amid burgeoning population growth across North Carolina, more than 90 community leaders and government officials met Aug. 30 to discuss challenges surrounding school construction and finance needs.
State law requires the North Carolina Department of Public Instruction to survey school systems every five years to assess their facility needs. Surveys include plans for building new schools, renovating older schools, and the cost of furnishings and land.
School bonds have become the sacred cows of referendums: Why would anyone vote to deny a child the right to attend a shiny new school? Such thinking has proved remarkably remunerative, garnering billions of surplus dollars for new school construction.
The ever-escalating costs of education require that counties use vision and innovation to find new sources of revenue.
Don't worry, North Carolina political junkies. The 2002 elections may be over and the pivotal 2004 cycle a ways off. But 2003 will offer some political suspense of its own.