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$53m coming to local school districts

Posted: 2:24 PM, Aug 23, 2019
Updated: 2019-08-23 14:24:13-04
SCHOOL GENERIC

ALBANY, N.Y. (WKBW) — More than $53-million is now coming to school districts here in Western New York.

On Friday, Governor Andrew Cuomo announced that the Dormitory Authority of the State of New York has issued approximately $482.4 million in low-cost, tax-exempt bonds on behalf of 54 school districts across New York state. According to the governor's office, this money will help fund fire, security, and air quality systems upgrades; interior and exterior renovations at numerous facilities including several classroom additions; athletic field improvements; and technology updates to promote innovation and collaboration.

"The classrooms, technology and recreational facilities our students use every day are integral to their educational experience,"Governor Cuomo said. "By modernizing critical educational infrastructure and hardware, we are building strong foundations for the next generation of leaders to learn and innovate and set them on the path to success."

Since the program's creation in 2002, DASNY has issued 100 separate series of bonds on behalf of more than 200 school districts in the amount of more than $6.1 billion.

"We are committed to investing in our schools to ensure high-quality learning environments," said Lieutenant Governor KathyHochul. "This funding for capital projects for schools statewide will support improvements and help students thrive in the classroom. We want to make sure that all students in districts across the state have access to the programs and resources they need to succeed now and in the future."

Here's a breakdown of where that money will be going locally.

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