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District outlines expanded funding options including ESCO audits and corporate sponsorships
Summary
Facilities staff presented several nontraditional funding options to address deferred maintenance and major capital needs, including an ESCO audit starting now and plans to bring a corporate-sponsorship policy to the policy committee.
Christina School District facilities leadership briefed the board on several alternative funding sources to supplement state minor-cap allocations and address deferred maintenance across district schools.
George Wicks, supervisor of facilities, said the district typically receives about $2 million annually through the state's minor-cap program, an amount the district says has not kept pace with inflation. The district is also using a voluntary-assessment (VSA) fund — developer-impact funds held by the state — for minor capital projects such as playground and track upgrades.…
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