Facilities in the News

Virginia
Virginia Schools Push for Local Tax Option as Aging Buildings Strain Rural Divisions
Virginia Mercury – June 4, 2026
Every time storms threaten the Tidewater region, Superintendent David Daniel worries the next round of severe weather could cripple Mathews County Public Schools’ aging environmental system, forcing classroom closures and creating safety risks for students. In one case, the storm did just that. Moisture overwhelmed the elementary school’s heating, ventilation and cooling system, causing water to collect on the floors and forcing staff to close the school for three days because of safety concerns. Daniel said the infrastructure is decades behind where it needs to be.
Ohio
Ohio House Introduces $3.7 Billion Capital Budget; Funding Secured for All 88 Counties
The Scioto Post – June 1, 2026
State Representative Brian Stewart (R-Ashville), Chair of the House Finance Committee, today formally introduced Ohio’s highly anticipated Capital Budget bill. The massive two-year capital improvements plan maps out nearly $3.7 billion in total appropriations to modernize the state’s infrastructure and jumpstart vital community initiatives.
Texas
Texas Schools Say They Still Face Budget Difficulties Despite $8.5 Billion Boost
Texas Tribune – June 1, 2026
The influx of nearly $8.5 billion to Texas schools last year was not enough to stop schools from making tough budget cuts, district officials told state lawmakers during a Capitol hearing Monday. School leaders  across Texas have already had to eliminate jobs and close campuses because of financial pressure. The El Paso district, for example, faces a nearly $53 million budget shortfall and may soon declare a financial emergency, while the Crystal City district in South Texas recently told families that it has less than $500 in its bank account.
Minnesota
An Overlooked Commercial Asset Class? How About Preschools and Early Education Centers?
REjournals – June 1, 2026
Miami-based developer and investor Fortec is betting that one of the nation’s most overlooked real estate sectors, early childhood education facilities, is also one of its most needed. The company has committed to building between 50 and 60 preschool and early education centers across the country, fueled in part by a $100 million investment fund launched in 2025 and a recent $30 million institutional investment backed by Equiturn Holdings.
Vermont
Peacham Preemptively Transferring Ownership of its School Building to Town
VT Digger – June 1, 2026
One Northeast Kingdom town took an unusual step to retain some control over its school’s fate just as the state Legislature finalized passage of this year’s landmark education reform bill on Friday evening.  Around 40 Peacham voters unanimously approved an article authorizing the selectboard to purchase the town’s elementary school building for the nominal amount of $1. The pre-K-6 school of around 60 students continues to operate, but the town will now retain the facility and grounds for community use in the event that its school district merges with another, which is likely because of the district’s small size.