Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Oakwood City Schools wins OFCC support to accelerate renovations; Moody's upgrades credit rating
Summary
Oakwood City Schools said it has become eligible for the Ohio Facilities Construction Commission's Classroom Facilities Assistance Program, which will co-fund 29% of eligible renovation costs and let the district move to full renovations at Harmon School and Smith Elementary; Moody's raised the district's rating from Aa2 to Aa1.
Oakwood City Schools announced that it has become eligible for the Ohio Facilities Construction Commission's (OFCC) Classroom Facilities Assistance Program, a change officials say will cover 29% of state-eligible renovation costs and let the district expand its planned work without asking taxpayers for additional funds.
"We have become eligible for the Ohio Facilities Construction Commission's Classroom Facilities Assistance Program much sooner than expected," Dr. Gupta said, noting that strong community support for a bond passed last May helped move the district "to the front of the line." The district said the OFCC co-fund will cover 29% of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
