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SC school districts asks for bonds to help pay salaries

Five South Carolina school districts are asking for more money to keep up with day-to-day activities, but they might not get it. School districts in Charleston, Colleton, Hampton 2, Florence 4 and Jasper counties are asking for the state to help them pay day-to-day costs after a loss of federal stimulus money.

The State newspaper reports district officials say they need long-term bonds to help pay teacher salaries, as well as money to fill the holes dug by budget woes. These five districts say they have already cut where they could–administration, salaries, among other costs.

Governor Nikki Haley says she will not sign the request because she believes issuing long-term bonds for short-term operating costs is asking for even more of a financial disaster.

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