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State Announces $520 Million for Shovel-Ready School Construction

5/22/2013 11:30 AM 
photo of school construction site.The State Allocation Board (SAB) announced today that it has awarded approximately $520 million for shovel-ready school construction projects across the state. The state matching funds will help finance 230 school construction projects within 92 school districts. Funds for these projects are provided by bonds authorized under Propositions 1A, 1D, 47 and 55. 

Read the press release.

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