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School board authorizes up to $23 million in general obligation bonds for capital needs
Summary
The board approved a resolution allowing issuance and sale of general obligation bonds not to exceed $23 million for capital needs, part of the district's annual bonding program. The authorization is intended to provide proceeds for deferred maintenance and qualifying capital projects over the next 12–18 months.
The Kershaw County School Board voted to authorize the issuance and sale of general obligation bonds not to exceed $23 million for the FY2526 year, part of the district’s annual bonding process.
Finance staff explained the annual issuance provides the district with a low‑cost funding source to support installment‑purchase revenue bonds and to provide…
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