Enterprise Mayor Kenneth Boswell refuted allegations tonight during an Enterprise City Council meeting regarding the financial agreement between the city and school system that funded the construction of two schools.
A claim was made in a June 25 school board meeting that the city is profiting from a half-cent sales tax and 3.5 mill ad valorem tax passed to fund the construction of Enterprise High School and Hillcrest Elementary School. The city and school board also made an agreement that the school system would pay $550,000 to the city beginning in 2016 to pay off the bond issue.
"To suggest that the city has profited by the schools building agreement is absolutely false," Boswell said. "There has not been one dime withheld by the city that belongs to the schools, not one dime."
For the full story and video from this meeting, check back with The Southeast Sun.
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