House panel approves Baltimore school funding

ANNAPOLIS — The Maryland House Appropriations Committee has approved a major Baltimore schools funding measure.

The bill approved Tuesday would enable the city to issue about $1 billion in bonds to build new schools and renovate others.

The bonds would be made possible by the state, the city and the city school system contributing $20 million a year each for 30 years.

The state money would come from the lottery. The city money would come from a bottle tax and gambling revenue, as well as retiree health savings.

Supporters say the huge funding infusion has been badly needed for years for some of the oldest schools in the state. But opponents questioned why the city should get so much extra help when their jurisdictions also have old schools.

Leave a Reply

Your email address will not be published. Required fields are marked *