July 11, 2013 (COLUMBUS) The Ohio School Facilities Commission (OSFC) today approved over $406 million in state funding for school construction projects in 19 school districts across the Buckeye state. Combined with $765 million in local funding, these projects represent more than $1.17 billion in construction work.
"This is a critical step in ensuring that our children are in new or renovated facilities that help support academic achievement," said OSFC Executive Director Richard Hickman. He went on to add that, “There is also a significant economic impact attached to today’s Commission action – the construction work generated by this project could translate into both job opportunities for local residents and increased purchases of goods and services from local businesses.”
The funding awards are contingent upon State Controlling Board approval. School districts must raise their local share of the project budget within 13 months before the state funding can be released. Districts that fail to acquire their funding in that period are considered “lapsed” but can still participate in OSFC programs once they obtain local funding. Two (2) of the districts funded at the meeting were districts that had previously lapsed funding, but have since raised their local shares.
(Editors/Reporters: Please see link below for individual district information.)