City Bonds $61.7 Million for New School Project Funding

Central Falls School District is moving forward with a significant project aimed at enhancing educational facilities, as highlighted in the recent Board of Trustees meeting held on August 26, 2025. The district has set a target budget of $61.7 million for the project, which includes essential costs such as environmental assessments and the acquisition of furniture and technology.

During the meeting, officials detailed the financial framework supporting this initiative. The city has successfully issued bonds not only for the high school but also for this new school project, providing a solid funding base to advance the plans. This bond was issued in July, ensuring that the necessary resources are in place to address potential challenges, such as environmental concerns that may require specialist consultants.

The budget also includes allowances for furniture, fixtures, and equipment, calculated based on a per-student formula ranging from $2,100 to $3,000. This strategic financial planning aims to ensure that the project remains on track and adequately funded throughout its development.

The Board emphasized the importance of transparency regarding the funding sources, reassuring the community that the financial backing is secure. As the project progresses, stakeholders can expect updates on its implementation and any further developments that may arise. This initiative represents a significant investment in the future of education in Central Falls, aiming to provide students with improved learning environments.