November 18, 2007
Lock Up Prison Cash
Despite rosy expectations of a "100 percent" state-funded jail, Shasta County likely will be eligible for no more than $12.5 million - a fraction of the money it would need to build a 300- to 500-bed jail. The available financing is well short of the estimated $97 million construction cost for a 480-bed jail, as well as the $20 million estimate for a 120-bed jail…
LINK - redding.com