Monday, November 21, 2011

Council may have to reconsider ‘forward funding’ projects

Gazette:  State school construction dollars fall way short: Montgomery councilman

...Ervin also expressed concern about the county’s forward-funding of school projects. In this arrangement, the county pays for projects due to receive state aid as they are planned and built, and the state eventually pays the county back.
Projects are eligible for state aid only after they have been approved by the council. For fiscal 2013, the school system has asked for $17.8 million from the state for forward-funded projects that are either under way or finished.
An analysis from County Council staff said that unless the state distributed more aid for eligible projects, officials would have to reconsider forward-funding projects and whether to defer their construction.
“We don’t know where we stand at all,” Ervin said.

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