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Pawtucket councilors press for fiscal review as high school project shows 3.7% overrun
Summary
Council members discussed cost overruns on the city's high school project, asked administration to bring fiscal advisers for a special presentation, and debated how bond limits and reimbursement rules constrain changes.
Pawtucket councilors pressed city officials on Thursday over a projected cost overrun on the city's new high school, asking the administration to bring the city's fiscal advisers to a special council meeting to explain budgetary options and constraints.
Council members said the school construction project was tracking about 3.7% over on construction costs and about 3.7% overall on the project budget. Councilors said that percentage currently translates to roughly $12 million the city would need to address if costs hold. They noted the project sits inside previously approved bond authorizations and that any amount above that authorization would be paid entirely by the city without state reimbursement.
The request for a formal…
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