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$482 million in low-cost financing for schools in New York

Christian Fernsby |
Governor Andrew M. Cuomo announced that the Dormitory Authority of the State of New York has issued approximately $482.4 million in low-cost, tax-exempt bonds on behalf of 54 school districts.

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Topics: NEW YORK    SCHOOL   

The issuance is part of DASNY's School Districts Revenue Bond Financing Program, which provides public school districts across the state with an efficient financing alternative.

Projects benefitting from the issuance include but are not limited to: fire, security, and air quality systems upgrades; interior and exterior renovations at numerous facilities including several classroom additions; athletic field improvements; and technology updates to promote innovation and collaboration.

Financing issued to districts in by region:

Capital Region:

Albany City School District $9,585,000

Burnt Hills-Ballston Lake Central School District $23,460,000

Coxsackie-Athens Central School District $12,305,000

Mayfield Central School District $13,000,000

Schenectady City School District $2,220,000

Wynantskill Union Free School District $2,405,000

Central NY:

Homer Central School District $650,000

Madison Central School District $8,075,000

Marcellus Central School District $14,640,000

Onondaga Central School District $3,525,000

Port Byron Central School District $9,910,000

Stockbridge Central School District $3,545,000

Weedsport Central School District $12,470,000

Finger Lakes:

East Irondequoit Central School District $10,805,000

Gananda Central School District $12,490,000

Letchworth Central School District $7,090,000

Lyons Central School District $8,245,000

Newark Central School District $17,395,00

Perry Central School District $3,690,000

Mohawk Valley:

Central Valley School District $34,125,000

Cooperstown Central School District $4,600,000

Gilbertsville-Mount Upton Central School District $2,280,000

Herkimer Central School District $1,685,000

Holland Patent Central School District $1,940,000

Laurens Central School District $1,595,000

Morris Central School District $1,860,000

Remsen Central School District $5,840,000

Rome City School District $21,245,000

Sauquoit Valley Central School District $16,425,000

Schenevus Central School District $5,565,000

Utica City School District $9,010,000


Enlarged City School District of Middletown $25,805,000

Port Jervis City School District $3,820,000

North Country:

Harrisville Central School District $5,670,000

Lisbon Central School District $3,925,000

Enlarged Ogdensburg City School District $16,695,000

Thousand Islands Central School District $2,425,000

Southern Tier: <&strong>

Arkport Central School District $5,710,000

Bath Central School District $17,465,000

Chenango Forks Central School District $14,470,000

Hornell City School District $5,390,000

Maine-Endwell Central School District $12,765,000

Norwich City School District $7,430,000

Sidney Central School District $9,820,000

South Kortright Central School District $7,095,000

Unadilla Valley Central School District $6,890,000

Waverly Central School District $1,660,000

Western NY:

Andover Central School District $5,245,000

Cleveland Hill Union Free School District $7,350,000

Newfane Central School District $2,735,000

Olean City School District $9,820,000

Ripley Central School District $1,605,000

Springville-Griffith Institute Central School District $19,310,000

Yorkshire-Pioneer Central School District $7,590,000.

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