Capital Budget Finally Done

After failing to pass a Capital Budget last year in the 2017 legislative session for the first time, last night the legislature stayed up late last night and finally passed the Budget.  As a result, school and university building projects can restart again.  That takes care of one of our Capital Budget issues.  The next one, simple majority passage of bonds (bonds must pass in order for school districts to fund their share of construction costs), will be discussed next week when the Senate State Government committee considers Senator Mark Mullet’s bill to reduce the approval rate for bonds to 55% rather than 60%.

Did you like this? Share it:

Comments are closed.