Additional state funding spells new schools for the Bronx

There will soon be four more schools in the Bronx thanks to additional state funding and help from the city.
The construction of the new schools was initially put on hold due to lack of funds. But on Monday, Governor George Pataki (R-NY) signed a bill that will provide $6.4 billion for school projects citywide. In addition, the city will kick in $13 billion.
Mayor Bloomberg did concede that in the years since he drafted the plan, construction costs have gone up. He says $13 billion won't go as far as it used to. He adds that in addition to the new schools, some of the money will be spent renovating and upgrading existing schools.