United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Menu
Stay Connected
facebooktwittermobile
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Haley vetoes borrowing by three school districts

Jun 15, 2011 2:53:00 PM - thestate.com
As promised, Gov. Nikki Haley has vetoed local legislation that would have allowed three, struggling S.C. school districts to borrow money to offset the loss of federal stimulus dollars.

In her veto messages, Haley said she is sympathetic with the financial plight of the Hampton 2, Colleton County and Florence 4 school districts. But, she added, "We should not fund short-term operational costs with long-term debt backed by taxpayers."

At least two other schools districts -- Charleston and Jasper counties -- also have requested the right to sell bonds to raise money to pay for day-to-day operations.

The state Senate is scheduled to discuss overriding Haley's vetoes Thursday. Florence 4 officials have said that school district will close if it does not get the additional money. That would set the stage for a forced merger of the rural school district into another school system.

USA, South Carolina: (Latest Stories)