Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Spartanburg Dist. 1 board votes to commit $12 million for future building projects
Summary
Spartanburg County School District 1 voted unanimously to commit $12 million from the general fund balance for future building projects and land acquisition, after staff presented three scenarios and explained state guidance on unassigned fund balance.
The Spartanburg County School District 1 Board on Monday voted unanimously to commit $12,000,000 from its general fund balance to be reserved for future building projects and land acquisition.
Miss Lacey Brady, the district finance director, presented three scenarios showing the effect of different commitment levels on the district's fund balance. "So, if we move $10,000,000 that will leave us sitting at about 22%," Brady told the board; she said moving $11 million would leave…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
