Calif. may revamp school construction funding
By Allen Young, Sacramento Business Journal
California’s legislative analyst on Tuesday proposed a new system for funding school facilities: grants to districts based on enrollment.
The grants would be adjusted depending on local resources. The state would require schools to adopt five-year accountability plans.
The report addresses an issue that is critical not only to public schools, but California’s construction industry. It arrives as California’s building community and educators have raised concerns that the current school construction-funding program — which relies on statewide voter-approved bonds — is out of money.