Construction Watch: Virginia school modernization referendum stopped by committee

By: | January 31, 2019
A bill that would have authorized a Virginia state referendum, asking voters if they support a $3 billion bond issue for school construction and repairs, was rejected, while North Carolina senators say their new plan would raise $2 billion for school construction in the state.A bill that would have authorized a Virginia state referendum, asking voters if they support a $3 billion bond issue for school construction and repairs, was rejected, while North Carolina senators say their new plan would raise $2 billion for school construction in the state.

 

The Senate Finance Committee in Virginia has killed legislation calling for a statewide referendum on school improvements. The bill would have authorized a referendum in November, asking Virginia voters if they support a $3 billion bond issue for school construction and repairs. Read more

In other construction news:

North Carolina Senate Republicans are putting up a pay-as-you-go plan for school construction as an alternative to another proposed $1.9 billion bond. The method would use money from the new State Capital Infrastructure Fund, which is set to receive 4 percent of state tax revenue and other money, for repairs and renovations. Read more