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Board sells $17.6 million more in school construction bonds

Financial
Excerpt from Lamar County Board of Education - Lamar County Schools May 2026 Board Meeting for Board sells $17.6 million more in school…
Official source excerpt: Lamar County Board of Education - Lamar County Schools May 2026 Board Meeting; editorial caption by Our School Board · source-evidence

What happened

On May 11, 2026, the board authorized selling $17,590,000 in bonds to finish its building program, inside the two-year limit after voters approved the bonds. The sale closed July 1 at a 4.429% interest cost, lower than the 4.953% on the 2025 bonds.

Why it matters to families

Local taxpayers repay these bonds, which pay for the new schools.

The evidence

May 11, 2026 recording: vote to authorize the sale. July 20, 2026 recording: business office report on the July 1 closing and interest cost.

The source

May 11, 2026 board meeting (recording)

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