You heard it here first (unless you heard it from the same source I heard it from): The Kaine administration is putting the finishing touches on a monster bond offering to finance another round of higher education construction projects.
If approved in a voter referendum, this bond initiative will be even bigger than the one launched during the Warner administration. It will have goodies for everyone — colleges, universities and community colleges.
In 2005, the State Council for Higher Education in Virginia (SCHEV) was projecting an enrollment increase of 56,510 students between 2004 and 2012. Most of the demand was expected to occur in the Community College system, with half of it coming from Northern Virginia and Hampton Roads.