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O'burg, Lisbon, Harrisville schools getting $25.8 million in financing for capital projects

Posted 8/27/19

Ogdensburg, Lisbon and Harrisville schools districts will be getting $25.8 million in financing for a variety of local capital improvement projects. Those districts are among many statewide that will …

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O'burg, Lisbon, Harrisville schools getting $25.8 million in financing for capital projects

Posted

Ogdensburg, Lisbon and Harrisville schools districts will be getting $25.8 million in financing for a variety of local capital improvement projects.

Those districts are among many statewide that will benefit from the state's issuance of $482 million in low-cost, tax-exempt bonds for school capital improvements.

A press release from Gov. Andrew Cuomo's office has announced that the state Dormitory Authority bonds will finance $16,695,000 for improvements at the Ogdensburg City School District, $3,925,000 for the Lisbon Central School District and $5,670,000 for the Harrisville Central School District.

The bonds provide public school districts across the state with financing for items such as fire, security, and air quality systems upgrades; interior and exterior renovations; athletic field improvements; and technology updates.

"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." Gov. Cuomo said in a prepared statement.