Beaufort County school board authorizes up to $35 million in general‑obligation bonds

The Beaufort County Board of Education voted June 23 to approve a resolution authorizing the issuance and sale of up to $35,000,000 in general‑obligation bonds for the district and delegated authority to district leadership to set final sale timing and maturities.

Officials said the borrowing will fund capital projects approved in the district’s recent capital improvement planning process. "This resolution authorizes us to move forward to issue your annual bond," Franny Heizer, appearing virtually as bond counsel, told the board, adding that the district will ensure any borrowing stays within the district's millage limit.

CFO Miss Crosby summarized the district’s capital program and noted the board previously approved approximately $36.8 million in capital improvement projects; staff and advisors determined $35 million was the maximum borrowing amount appropriate within current millage and available bond premiums. Heizer told trustees the board had already delegated certain technical decisions — such as sale timing and maturity structuring — to the superintendent and finance staff.

Board members did not reopen detailed financing terms at the meeting; no roll‑call breakdown of votes was recorded in the public transcript. The motion was moved, seconded and put to a vote. Following the vote the board proceeded with other agenda items.

Next steps: district staff said they will proceed with the actions necessary to sell the bonds and coordinate certification of millage with the county auditor by the end of July.