Developer Contributes $1.6M to Frederick School Expansion

As reported in The Frederick News-Post,

Matan Cos. has paid $1.6 million to Frederick County to help pay for the expansion of Urbana Middle School.

The payment, delivered Monday to county treasurer Diane Fox, according to a news release, was required in an adequate public facilities agreement for the Urban Green project, a Matan development in Urbana.

For more information, see the full story from The Frederick News-Post.

School construction funding is a major issue in Maryland, where the average age of school facilities is increasing, construction costs are high, and some counties are seeing continuous growth of their K-12 student population.  Counties and the State of Maryland share in the costs of public school construction and renovation.

For more information, see our previous posts, County Officials Participate in School Construction Funding Study, Senate Committee Considers Public School Construction Capital Budget, Anne Arundel to Consider Creation of Special Fund for School Construction, and Debt Affordability Committee Considers School Construction.

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