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ParentVision: Multi-Year Assignment Planning is Back

Recent media coverage highlighted the economic downturn's impact on our school construction plans and, consequently, our efforts to provide the first-ever multi-year assignment plan for Wake County's schools. When the credit market contracted, Wake County was unable to sell voter-approved bonds to finance school construction at a favorable rate. School construction timetables were in jeopardy, which made the prospects for implementing an assignment plan that looked two or three years into the future uncertain as well.

However, county leadership was able to put together short-term financing for school construction that keeps the timetable moving forward. A multi-year student assignment plan will be brought to our community for review -- just a couple of weeks later than intended.

Find out more in today's ParentVision video podcast featuring Assistant Superintendent for Growth and Planning Chuck Dulaney.

Posted by Chip Sudderth at 3:10 PM on October 27, 2008 | Leave Feedback

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