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South Country board authorizes pursuit of special legislation to allow up to $12 million borrowing for budget shortfall
Summary
The South Country Central School District board unanimously approved a resolution authorizing administrators to seek special legislation that would allow the district to borrow up to $12 million to address an estimated $10 million structural deficit. Administrators said the authorization starts the legislative work but does not obligate the district to borrow the full amount.
The South Country Central School District Board of Education unanimously voted Jan. 20 to authorize administrators to pursue special legislation that could permit the district to borrow up to $12 million to address an estimated $10 million structural operating deficit.
The move, approved as consent item C7, authorizes district officials to draft the proposed legislation and to work with legislators to seek insertion of the measure in the state budget. Trustee Calderon moved the resolution; Vice President DeLillo seconded. President Hayes called the question and the measure passed unanimously.
“This particular resolution gives the district the authority to go ahead to seek special legislation, work with our legislators to present it to the governor, try to get this bill in the state budget,” an administration official said during the discussion, explaining that if the bill is not included in the state budget the district may need to pursue other legislative avenues.
Administrators and bond counsel told trustees the authorization does not itself…
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