Summary
As school systems around the state struggle with aging facilities and a lack of finances, at least one county is seriously considering teaming up with private developers to build new schools.
It would be an unprecedented move for cash-strapped Preston County, which has been unable to pass bonds to replace several old schools.See the full content of this document
Extract
Private Funding Eyed for Schools
Private lease-back arrangements have already been considered by other pinched or rapidly expanding schools systems around the country. In some cases, there are success stories. In other cases, officials have found that the schools could end up costing more or come with restrictions that essentially negate their use as community centers.
The Preston County school board ma...See the full content of this document
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