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Report: Federally Impacted Schools Need $4.2 Billion in Construction
THE Journal: Federally impacted school districts are facing more than $4.2 billion in pressing construction needs, according to a new survey from the National Association of Federally Impacted Schools (NAFIS).
Federally impacted school districts are those that include nontaxable federal property, such as part of a military installation, Native American land or low-income housing. That federal land lowers the districts' assessed land value and, thus, reduces their ability to raise funds through bonds, the way most schools finance construction.
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