New York could sell $192 million of qualified school construction bonds this year through the Dormitory Authority of the State of New York, according to a resolution adopted by the agency at its monthly board meeting yesterday.

The bonds would be backed by state personal income tax and would fund an existing school construction grant program, called Expanding Our Children's Education and Learning, or EXCEL.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.