The Santee School District, California is in a quandary at present. There is a fear in the atmosphere that the lofty building projects in the district may come to a impasse on account of the scarcity of fund and that has made the concerned officials of the district run amok. It is found that Santee School District is leaving no stone unturned to raise $27 million to complete building projects.
It is to be noted that the district had initiated projects last year and started new ones this summer.
The building projects did commence when the global and national economy were in a better position than now and for that reason the district depended a lot on the state. It had hoped that the bulk of the money would come from the state fund but the fiscal crisis in the realm of California has dashed it to the ground. The situation is out of the frying pan into the fire due to the presence of the unfinished projects and more on the cards.
What are the present plans then? It has been learnt that the district is emphasizing borrowing or obtaining funds from another source since board President Dianne El Hajj said, “We need a backup plan.” Assistant Superintendent Bill Clark proposed, in this regard, to look for a $7.5 million federal low-interest loan available for school construction projects.
Will this amount be sufficient? According to the estimation, this amount is exactly needed to complete projects it started last spring at Cajon Park, Carlton Oaks, Carlton Hills, Sycamore Canyon and Rio Seco schools. These projects can’t be abandoned in any way since many like new junior high school and library buildings among them are on the verge of completion. What are the other requirements then? The district needs $20 million to help start the second round of construction this summer at Hill.
Though several sources are being accessed, nothing is settled yet.
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