Governor Kathy Hochul announces $956.8m in low-cost tax-exempt bonds for 69 NYS public school districts to refinance debt and fund improvements.

Governor Kathy Hochul announced $956.8m in low-cost tax-exempt bonds for 69 public school districts in NYS. The bonds, issued by the Dormitory Authority of the State, provide long-term financing to refinance short-term debt. Funds will support improvements like technology updates, safety enhancements, and classroom additions, aiming to provide a better learning environment and affordability for taxpayers.

June 25, 2024
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