Lancaster County School District, South Carolina
OVERVIEW
Our advisors have served as financial advisor to Lancaster County School District, South Carolina since 2005. In 2016, constituents of Lancaster County School District approved a $199,000,000 referendum. The referendum included the construction of a new High School and Elementary School in Indian Land, South Carolina in addition to District- wide renovations for multiple facilities.
FINANCING PLAN
Our team developed a comprehensive funding plan that included both short and long-term debt issues. The multi-step approach allowed the District to finance projects based on the immediate construction need while reducing interest carry cost during the construction phase. The capital funding plan also allowed for ongoing short-term bond issues to fund maintenance and other capital needs outside of the referendum scope.
PROJECT SCOPE
$199,000,000
SCOPE OF SERVICES
Bond Issuance
Long Term Capital Planning