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Fort Mill board approves $2.67 million year-end transfer to reduce millage and shore up athletics, contingency
Fort Mill School District Board · September 5, 2024
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Summary
The board approved a $2,667,716 year-end transfer allocating $1,317,716 to debt service (two-mill equivalent), $50,000 to middle-school athletics, $300,000 to high-school athletics and $1,000,000 to contingency; the motion passed by voice vote.
The Fort Mill School District board approved a recommended year-end fund transfer of $2,667,716 during the meeting.
Finance staff recommended allocating $1,317,716 to the debt-service fund (equating to the value of roughly two mills) to reduce the…
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