FORT MILL, S.C. — In early June, Fort Mill Schools released it’s General Fund Budget for the upcoming school year.
The district school board held a meeting to allow the public to provide feedback.
Highlights of the budget include the opening of two new elementary schools, additional Special Education assistants, service credit for employees, new teachers to accommodate growth and additional bus drivers.
Following the public hearing, the board voted to approve the 2020–2021 budget in the amount of $164,398,724.
In addition to the General Fund Budget approval, the board also approved:
- A Year End Transfer of $4,236,684
- A $6.05 Million Bond for IPRB and Equipment Acquisition Agreement Annual Payments
- A 2020-2021 Debt Service Millage of 85 mills to create a tax reduction for home owners and local businesses
- A $38.5 Million General Obligation Advanced Refunding Bonds to generate savings on bond interest