Bill to Borrow $2 Billion is Filed

ABC-11:

The backlog of school construction needs is so vast that counties need the assistance of the state, as they have periodically provided over the last half a century or more,” NC School Boards Association’s Director of Governmental Relations Leanne Winner said.

Speaker Tim Moore along with other lawmakers introduced House Bill 241, which calls for a $1.9 billion general obligation bonds to pay for construction at public schools.

Some schools are in terrible shape.  in some areas, construction has been outpaced by population increases. Somehow I wonder if borrowing is the best solution, especially when we may be in this situation five or ten years from now.  Apparently pay-as-you-go is not ever going to work.

 

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