By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
BOE to apply for funds for NHS replacement
Placeholder Image
In a called meeting Tuesday morning, the Newton County Board of Education voted to apply for a Qualified School Construction Bond in order to receive $11 million toward the replacement of the Newton High School facility.According to the QSCB website, "The Qualified School Construction Bond program provides $11 billion face value in tax-free bonds in both fiscal years 2009 and 2010 to help fund school construction, rehabilitation, repair, and land acquisition. It is estimated that the federally-funded bonds will save schools nearly $10 billion in taxes over the next 10 years." The QSCB money