Senate sustains Haley's school borrowing bill veto
Tue, 21 Jun 2011 22:05:41 GMT —
COLUMBIA, S.C. (AP) - A bailout plan for a Florence County School district is dead after the Senate failed to override Gov. Nikki Haley's veto.
The Senate on Tuesday voted 18-17 to sustain the Republican governor's veto of a measure that would have allowed Florence District 4 to issue bonds to meet its operation expenses.
The district needs $800,000 to pay bills to the state and federal government. It planned to pay the borrowing back over eight years.
The tiny district has less than 800 students in three schools. It already has cut a quarter of its staff during the past three years and recently voted to raise taxes.
Sen. John Land of Manning said the district owes for health insurance premiums and payroll taxes.
(Copyright 2011 by The Associated Press. All Rights Reserved.)