How Legislation Affects Small Project School Funding
Published: Jun 27, 2017 by Luther LiggettLegislation creating the School Facilities Option Program passed the Senate unanimously, and is reported out of House Education Committee favorably.
As some schools do not qualify for the primary funding of the Ohio Facilities Construction Commission for a larger facilities project, sponsor Senator Randy Gardner (R, Bowling Green) introduced the legislation.
As proponents testified, “Senate Bill 8 offers districts the opportunity to access OSFC funds for smaller projects when it is not advantageous for the district to participate in a full facilities replacement or remodeling project.”
Under the new program, a school district may receive state funds in an amount of up to the greater of $1 million or 10% of the state’s share of the total project cost. The school must match the funding.
Senate floor passage is expected before sending the bill to the Governor for signature.
If you have questions, please do not hesitate to contact attorney Luther L. Liggett of Graff & McGovern at 614-228-5800, ext. 6.