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Options There are a number of options available to the people of Arlington as they move toward their decisions about this project.
Project Schedule The project schedule could be lengthened to spread the funding needs over a longer period of time.
Issues to consider: A longer schedule might make the project more financially feasible, assuming we are able to get state reimbursement. However, it may also increase overall project costs due to the possibility of higher interest rates and inflation over time.
Project Elements The elements or pieces of the project could be reconsidered, with an eye toward cost containment and meeting education goals.
Issues to consider: Performing fewer renovations might make the project less financially risky. It might also reduce the possibility of state reimbursement, which is the financial key to the project.
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