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Despite Recession, Massachusetts Spends Big Money on School Construction

April 25, 2012 — CDJ Staff

We may still be in a recession, but the Massachusetts School Building Authority managed to come up with $1.07 billion in construction, employing 5,350 construction workers. The Authority gets sixteen percent of the sales tax revenue in the state, one cent for every dollar spent. The Authority was created in 2004, at a time when the state had put a moratorium on school building projects. Since its creation, the Authority has reimbursed towns and cities more than $8.6 billion.

Even with all the construction jobs, construction costs are remaining stable in Massachusetts. Rita Coppola-Wallace , the director of capital asset construction for Springfield, said that before the recession she would assume that costs would grow by 8 percent a year. At the depth of the recession, she slashed that to nothing and projects still came in under budget. As the economy recovers, she?s been adding 1 or 2 percent, but still describes contractors as ?hungry.?

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Despite Recession, Massachusetts Spends Big Money on School Construction