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What happens if the town does not approve local funding for the project? 

• Continuing expenditures associated with building systems (HVAC, roof, life safety systems, windows plumbing, electrical)

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• Continuing inability to meet the educational program goals and requirements

~MSBA Policy Statement

• Loss of access to $54.7M Grant.

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• Inflation: Cost to perform the project will continue to rise

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• Reapply to the MSBA and await an invitation, a process that takes many years

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• The MSBA does not reimburse for additional Feasibility Studies.

In the event that a school district fails to approve funding for a proposed project …….The MSBA will review the plan and determine whether it can continue to set aside MSBA funds for the proposed project. However, a failed local vote likely will result in the school district being required to submit a new Statement of Interest to the MSBA and await an invitation from the MSBA to enter the Eligibility Period phase of the MSBA’s process.