1 SEC. 67                     DEBT SERVICE
                                        TOTAL FUNDS    GENERAL FUNDS
                                     ______________    _____________

   I. GENERAL
        OBLIGATION BONDS
      A. (G.O.) BONDS
           SUBJECT TO DEBT SERVICE
              LIMITATION:
        CAPITAL IMPROVEMENT BONDS       142,693,990    142,693,990
        STATE SCHOOL FACILITIES
         BONDS                           25,300,000     25,300,000
                                     _______________________________
       TOTAL DEBT SERVICE               167,993,990    167,993,990
                                     ===============================
   TOTAL GEN OBLIGATION BONDS           167,993,990    167,993,990
                                     ===============================
   II. SPECIAL BONDS/ STOCKS/OTHER
     LONG TERM OBLIGATIONS
     INT PAYMT-AGRI COLLEGE STK              11,508         11,508
     INT PAYMT-CLEMSON STOCK                  3,513          3,513
     RICHARD B. RUSSELL PROJECT             550,000        550,000
                                     _______________________________
    TOTAL DEBT SERVICE                      565,021        565,021
                                     ===============================
   TOTAL SPECIAL BONDS & STOCKS             565,021        565,021
                                     ===============================
   DEBT SERVICE

   TOTAL FUNDS AVAILABLE                168,559,011    168,559,011
                                     ===============================                        PAGE:  346