Cost of Hyattsville Middle, other schools increased by “debt for debt” payment method
"Double paying the interest" in Phase II would cost an additional $479 million
The cost of six new middle schools “went up 50%” due to the payment structure, according to Stanley A. Earley, Director of Management and Budget for Prince George’s County. Prince George’s County Public Schools (PGCPS) built the school through a public-private partnership (P3) and plans to make monthly payments out of …
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