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What is the total budget for the Seismic Safety Bond Program?

April 26, 2017Bond budget program safety seismic total

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What is the total budget for the Seismic Safety Bond Program?

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The total budget for the School District’s Seismic Safety Bond Program projects is $70,732,000. The project costs will be paid through a combination of bond revenue (up to the maximum amount of $56 million), State matching funds for facility modernization (conservatively estimated to be $11 million) and City funds (at least $710,000 and possibly up to $1.2 million).