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Committee backs raising capital outlay authorization amid construction-cost concerns
Summary
The committee recommended due-pass on House Bill 371 to increase the state's maximum authorization for capital outlay funding; members discussed application timing, entitlement formulas and inflationary effects on school construction funding.
The Georgia House Committee on Education on Oct. 27 recommended House Bill 371 (LC492236) for a due-pass vote to increase the state's maximum authorization for the capital outlay program that funds school construction and major facility projects.
Representative (author) described HB 371 as an amendment to the Quality-Based Basic Education (QBE) capital outlay authorization. He told the committee the bill would increase the state's maximum authorization from $300,000,000 to 3.75 (amount/unit not specified in the committee transcript) to account for recent additions to the formula — including prekindergarten FTE — and rising construction…
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