The MSBA Helps Break Ground for the new Sherwood Middle School in Shrewsbury

May 26, 2011

BOSTON, MA – On behalf of State Treasurer Steven Grossman, Chairman of the Board of Directors of the Massachusetts School Building Authority, and Katherine Craven, Executive Director of the MSBA, members of the MSBA staff took part in the groundbreaking ceremony at the site of the new Sherwood Middle School.

The new 130,000 square foot school will be constructed on the same site as the existing school. It will serve 900 students in fifth and sixth grades. The new facility will also improve access and traffic through the site. It is expected to be completed is 2013

“I have seen firsthand what an encouraging and dynamic learning environment Sherwood Middle School is,” said State Treasurer Steven Grossman. “When completed, this new school will alleviate overcrowding and provide the space needed to fully support the goals of this first-class educational community.”

“As a result of the collaboration between the MSBA and Shrewsbury, the students and staff of Sherwood Middle School will benefit from an improved environment for learning and teaching while saving state and local taxpayers money,” said Executive Director Katherine Craven. “I look forward to returning to Sherwood for the ribbon cutting.”

The MSBA strives to find the right-sized, most fiscally responsible and educationally appropriate solutions to create safe and sound learning environments. The MSBA is committed to protecting the taxpayer’s dollar by improving the school building grant process and avoiding the mistakes of the past in the funding and construction of schools. The MSBA reformed the Commonwealth’s formerly rampant and unsustainable program, which was more than $11 billion in debt. The MSBA has made $7.6 billion in reimbursements to cities, towns and regional school districts for school construction projects. These timely payments have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.