Committee approves capital rework: funding plan for North Charleston High gym, sales‑tax reallocations and a reduced GO bond issuance

Committee approves capital rework: funding plan for North Charleston High gym, sales‑tax reallocations and a reduced GO bond issuance

South Carolina / School Districts / Charleston 01

The committee approved sending three connected capital items (items b, c and d) to the full board to reallocate fixed‑cost‑of‑ownership and sales‑tax contingency funds to build a second gym at North Charleston High, and approved a GO bond resolution authorizing up to $160M while planning to issue about $60M this year and pay down roughly $100M with revenues.

Committee previews FY27 budget: WSF changes, Peninsula Promise initiatives and new special‑education investments

Committee previews FY27 budget: WSF changes, Peninsula Promise initiatives and new special‑education investments

South Carolina / School Districts / Charleston 01

District staff told the Audit & Finance Committee they plan a FY27 balanced budget with a reduced use of fund balance, are reallocating about $12.3M of 'standard' positions into Weighted Student Funding (creating an add‑on of ~$471.31 per pupil), and propose targeted literacy (Read to Succeed) and special‑education investments including ~40 new special‑education FTEs and a day‑treatment pilot with MUSC.

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