Boston Globe 3/26/09: Mass. School Building Authority projects funding shortfall. With sales tax revenue on a steady decline, the Massachusetts School Building Authority is projecting its portion of state funds will fall short by at least $100 million this fiscal year.
Katherine Craven, the authority’s executive director, said that if the state isn’t able to make up the shortfall, some 200 or more projects now in the earliest planning stages could be in jeopardy and the authority might have to cut back on future projects. Those schools that have already been approved for feasibility studies or for design and budgeting would not be affected by a deficit, she said.