South Carolina school district voters approve $340 million in bonds

Duncan Elementary School of the Arts Spartanburg, South Carolina
Duncan Elementary School of the Arts in Spartanburg, South Carolina. This is one of the facilities that would be replaced with the proceeds from a $200 million bond.

Voters in two South Carolina school districts approved a total of $340 million of bonds in referendums Tuesday. 

Spartanburg School District 1 voters approved $140 million of bonds, which garnered 78% of the vote, while Spartanburg School District 5 voters approved $200 million of bonds with 80% backing the referendum.

The Spartanburg District 5 bond proceeds will be used to fund construction of a middle school, elementary school focusing on the arts, and a freshman academy for 9th graders. The facilities are needed because of rapid enrollment growth in the district, the district said. 

The bonds will not result in tax increases.

"We are very excited our referendum has passed, and truly thankful for the overwhelming support of our District 5 community," Superintendent Randall Gary said. "This vote was a reflection of the trust our families and community members have in our schools and our district.  We're excited to move forward with these projects, knowing we're investing in the future of District 5 students for generations to come."

The District 5 bonds are expected to be sold by competitive bid sometime between late November and early January, a spokesperson said.

The Spartanburg District 1 bond proceeds will be used to build a middle school, elementary school and an addition to another elementary school. The new facilities are needed both because of the expansion of the student population and because of the aging of the existing schools. 

The bonds will not result in tax increases.

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Bond elections South Carolina School bonds Public finance
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