Los Angeles Schools Wants Some Of New Voter-approved Bond Money
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Patricia Hawke
Mar 29, 2013, 2:20:05 PM3/29/13
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Article Title: Los Angeles Schools Wants Some Of New Voter-approved Bond Money
Author: Patricia Hawke
Word Count: 496
Article URL: http://www.isnare.com/?aid=125911&ca=Education
Format: 64cpl
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Currently, the Los Angeles schools have $20 billion in construction and renovation projects for Los Angeles schools� facilities underway or planned. Unfortunately, the Los Angeles schools� officials expect a funding shortfall from known resources and are looking to the state legislature for a solution.
According to Los Angeles schools� chief facilities executive, Guy Mehula, the Los Angeles schools have identified all but approximately $1.6 billion in funding sources for the building projects. There is enough money to complete construction already in progress, but not for the planned future construction of projected needs for the Los Angeles schools in 2009 and 2010.
The Los Angeles schools have hit a brick wall with the state funding guidelines, which use exaggerated long-term enrollment trends for eligibility requirements. Since the Los Angeles schools� enrollment is projected to continue to decline in future years, they are ineligible for hundreds of millions of dollars in school construction funding from the state.
Though the Los Angeles schools believe the formula is unfair, state officials contend that the Los Angeles schools should have built needed facilities while they were in a growth cycle and that formulas used in other state funding programs have benefited the Los Angeles schools. Kathy Hicks, chief of program services for the state Office of Public School Construction, stated that if the Los Angeles schools had their construction projects ready back when they were in a growth cycle, they would have had the funding at that time.
In November 2006, however, the voters approved $43 billion in bonds. Governor Arnold Schwarzenegger plans another $29 billion in general obligation bonds to be submitted to voters in 2008 and 2010, along with $14 billion in other bonds that do not require voter approval.
Under the governor�s Strategic Growth Plan, there will be a $211 billion investment in the state�s infrastructure over the next ten years. In 2008 and 2010, he plans to submit almost $12 billion in bonds for kindergarten through 12th grade education. The Los Angeles schools are aggressively campaigning to secure part of these funds.
The State Allocation Board, which distributes funds to the various school districts across the state, is reviewing a backlog of $318 million in construction and renovation projects. These are school district projects that already had been approved before the state ran out of previous funding. After the portion for schools of this new bond money is received, these previous projects have been reviewed, and disbursement to eligible projects within the backlog has been completed, the board then will approve new projects on a first-come, first-served basis for eligible districts. They generally approve about $102 million in new construction and $83 million in renovation projects each month, according to Hicks.
Unfortunately for the Los Angeles schools, they are ineligible for any further funding from the State Allocation Board, under the current funding guidelines. The Los Angeles schools are looking to the legislature to change the status quo on school construction funding to cover their needs in 2009 and 2010.
About The Author: Patricia Hawke is a staff writer for Schools K-12, providing free, in-depth reports on all U.S. public and private K-12 schools. For more information on Los Angeles schools visit http://www.schoolsk-12.com/california/los-angeles/index.html
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Please consider this free-reprint article written by:
Patricia Hawke
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=125911
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=125911
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Los Angeles Schools Wants Some Of New Voter-approved Bond Money
Author: Patricia Hawke
Word Count: 496
Article URL: http://www.isnare.com/?aid=125911&ca=Education
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=125911
Easy Publish Tool: http://www.isnare.com/html.php?aid=125911
*********************** ARTICLE START ***********************
Currently, the Los Angeles schools have $20 billion in construction and renovation projects for Los Angeles schools� facilities underway or planned. Unfortunately, the Los Angeles schools� officials expect a funding shortfall from known resources and are looking to the state legislature for a solution.
According to Los Angeles schools� chief facilities executive, Guy Mehula, the Los Angeles schools have identified all but approximately $1.6 billion in funding sources for the building projects. There is enough money to complete construction already in progress, but not for the planned future construction of projected needs for the Los Angeles schools in 2009 and 2010.
The Los Angeles schools have hit a brick wall with the state funding guidelines, which use exaggerated long-term enrollment trends for eligibility requirements. Since the Los Angeles schools� enrollment is projected to continue to decline in future years, they are ineligible for hundreds of millions of dollars in school construction funding from the state.
Though the Los Angeles schools believe the formula is unfair, state officials contend that the Los Angeles schools should have built needed facilities while they were in a growth cycle and that formulas used in other state funding programs have benefited the Los Angeles schools. Kathy Hicks, chief of program services for the state Office of Public School Construction, stated that if the Los Angeles schools had their construction projects ready back when they were in a growth cycle, they would have had the funding at that time.
In November 2006, however, the voters approved $43 billion in bonds. Governor Arnold Schwarzenegger plans another $29 billion in general obligation bonds to be submitted to voters in 2008 and 2010, along with $14 billion in other bonds that do not require voter approval.
Under the governor�s Strategic Growth Plan, there will be a $211 billion investment in the state�s infrastructure over the next ten years. In 2008 and 2010, he plans to submit almost $12 billion in bonds for kindergarten through 12th grade education. The Los Angeles schools are aggressively campaigning to secure part of these funds.
The State Allocation Board, which distributes funds to the various school districts across the state, is reviewing a backlog of $318 million in construction and renovation projects. These are school district projects that already had been approved before the state ran out of previous funding. After the portion for schools of this new bond money is received, these previous projects have been reviewed, and disbursement to eligible projects within the backlog has been completed, the board then will approve new projects on a first-come, first-served basis for eligible districts. They generally approve about $102 million in new construction and $83 million in renovation projects each month, according to Hicks.
Unfortunately for the Los Angeles schools, they are ineligible for any further funding from the State Allocation Board, under the current funding guidelines. The Los Angeles schools are looking to the legislature to change the status quo on school construction funding to cover their needs in 2009 and 2010.
About The Author: Patricia Hawke is a staff writer for Schools K-12, providing free, in-depth reports on all U.S. public and private K-12 schools. For more information on Los Angeles schools visit http://www.schoolsk-12.com/california/los-angeles/index.html
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=125911
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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