New York S09477 amends the education law to allow the Arlington central school district to use multi-year cost allowances for construction.
New York S09477 amends the education law to allow the Arlington central school district to establish and use multi-year cost allowances for construction, reconstruction, or modernizing one project three times in a five-year period. Subsequent multi-year cost allowances can be established no sooner than fifteen years after the first allowance. This change aims to provide financial flexibility for the district's infrastructure projects.
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