CHICAGO - Seven years after winning voter approval to borrow $335 million, officials at the Cleveland Municipal School District say the money is close to running out and they need to borrow at least $217 million more to continue financing a plan to replace and repair aging school buildings.

The new bonds would finance the district's share of an ongoing $1.5 billion school building plan launched in 2002 and scheduled to be completed in 2015. Ohio provides state funding for 68% of the plan. Under the current proposal, the district would build 51 new schools and repair 59 schools.

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