Massachusetts State Taxpayer Funded School Construction Grants: Massachusetts School Building Authority

Like many other states, Massachusetts has struggled with out of control spending on school construction, often putting money into many unnessary projects at the expense of more deserving ones. State Treasurer Tim Cahill, a long-time entrepreneur who took office in 2003, traced the wasteful spending to poor administrative organization, a lack of oversight, and an atiquated system of reimbursements whose legacy had become exorbitant debt and a backog of projects. Applying his business acuemen and experience, Cahill in 2004 created the Massachusetts School Building Authority, an entity that would bring the rigors of  the private sector to eliminate wasteful spending while raising the quality of the education offered by the state

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