TRENTON, N.J. (AP) — New Jersey's School Development
Authority has announced plans to use $508 million to help pay for construction
projects in the majority of the state's school districts.
The state said Wednesday that it will pay 100 percent of the
costs in 31 lower-income districts and at least 40 percent of the costs in
other districts for projects that address health and safety concerns and
overcrowding.
Including the local districts' contributions, the total
costs of the projects is estimated at $1.1 billion.
The state's portion of the funding comes from $3.9 billion
in bonds the Legislature authorized in 2008 for school facilities projects.
Overall, more than 1,500 projects are planned in 331
districts.
Source: Times
Union
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