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State awards 144.4 million for public school capital outlay
The state distributed 134.9 million in capital outlay funds to 18 districts plus 6.5 million for lease assistance, 3.5 million for energy efficiency, and 1 million for master planning, totaling 144.4 million this cycle. Since 2006, 65.5 million was awarded for cost overruns. The program uses severance tax bonds with district matching requirements. The Public School Capital Outlay Council governs the program with district and state officials.
MENTIONED IN THIS ARTICLE
RRPS
al Sena
Public School
Legislative Finance Committee
Legislative Education Study Committee
Legislative Council Service and Construction Industries Division
Governor's Office
Department of Finance and Administration
Public Education Department
New Mexico School Boards Association
The
Public Education Commission