Wednesday, January 17, 2007

Camden & Rockport would keep elementary school expansion debt under new state plan — but state-assisted school debts in area would be pooled
Camden Herald, Friday, January 12, 2007

(excerpt) Under the governor’s plan to combine Maine’s school districts into 26 large regions, none of the other towns in Knox County would have to help Camden and Rockport pay off debt on their $14.8 million expansion of Rockport Elementary School West.

However, debt on buildings that did get state funding — such as the new Medomak Valley Middle School now being built, and six-year-old Camden Hills Regional High School — would be assumed by all communities in this new district.

It is likely, though, that this large district may be more likely to receive future state funding than the existing Camden area school system is at the moment, because the new district will include more lower property value towns. This could prove beneficial to higher property value Camden and Rockport.


Click on the really long post title above to read the only-moderately-longer full article!

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