Clark County (Nev.) district needs $5.1 billion over 10 years to cover repair and modernization

From The Las Vegas Sun: Amid the worst recession in more than 50 years, the Clark County (Nev.) School District estimates it will need $5.1 billion to repair and modernize its school buildings over the next 10 years — work that was put off because there wasn’t money to do it. More than $3 billion is needed to fix dilapidated schools. Nine new elementary schools need to be built to alleviate overcrowded classrooms. And the district wants to invest nearly $1 billion in technology and equipment to prepare children for their digital future. The cash-strapped district is contemplating seeking voter approval to issue bonds to pay for the capital improvements but wouldn’t be in a position to sell those bonds for five years.