SOUTH CAROLINA – County: Capital Project Sales Tax Collection Running $20M Short

More than a third of the capital improvement projects included for funding when voters approved a one-cent penny sales tax in 2016 are now expected to be scrapped after county officials revealed Wednesday they’re expecting a $20 million shortfall in what they anticipated collecting.

To date, county Capital Projects Coordinator Josh Skinner said $17.52 million has been raised since the tax took effect May 1, 2017.

“Obviously, when writing the ballot question, the county planned as if it would collect $87,938,105 allowed under state law. However, based on our quarterly averages, we are conservatively projecting to collect $67,902,834,” Skinner said.

With online sales being subject to the local tax, officials said the final tally could grow to be near $70 million.

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adam benson
august 28, 2019