The private corporation leasing arrangement, as a source of school construction funds, is increasingly being used in Indiana; however, the principles are applicable in any state. The private corporation charges a project fee, which represents its maximum anticipated profit. The private corporation obtains the funds for the project; makes the…

Two major concerns related to large-scale capital outlay are convincing the community of the need for the expenditure and planning for the financing of the project. In an era when the public is resisting increased taxation, school districts must develop a plan of action for soliciting funds and must be able to conduct an effective fund campaign.…