The Morning News reports that the Fayetteville School Board voted yesterday to accept the $52.3 million in Qualified School Construction Bonds allocated to Fayetteville by the State, most of which would go towards improvements to the Fayetteville High School campus.
Citizens voted against a 4.9-mill property tax increase to build a brand new high school last month.
News that the resolution passed at yesterday’s school board meeting first broke when FPS Public Information Officer Alan Wilbourn tweeted the following:
Fayetteville School Board approves resolution to authorize FPS to take advantage of $52.3M in stimulus credits.
Acceptance of the stimulus credits was recommended by FPS administrators last week during a special workshop meeting held in the Adams Leadership Center across from Fayetteville High School.
The approval only signifies a plan to use the money and is not a guarantee that the funds won’t be sent back.
Read it at The Morning News