- This event has passed.
Bill Reynolds, Aiken County Capital Project Sales Tax V
October 21 @ 12:30 pm - 1:30 pm
If voters in Aiken County approve Capital Project Sales Tax V in November, it would generate more than $260 million that could be used to pave dirt roads, construct new facilities and more.
County Council’s ad hoc study committee received a report from county staff about the projected revenue during a meeting Tuesday at the Aiken County Government Center.
The total amount was based on population figures and point of sale data from the S.C. Department of Revenue, the county’s deputy administrator and chief financial officer, Lynn Strom, told the committee.
County staff used the same data to determine how the money would be divided among the county and its 10 municipalities.
Aiken County Council considers selling land in Sage Mill Industrial Park
The county would receive the biggest chunk of the proceeds, $127.6 million.
Aiken’s share would be $79.7 million
North Augusta would receive $48.6 million.
Burnettown and New Ellenton would get $2.4 million and $2.03 million, respectively.
Wagener would receive $1.6 million, and Jackson’s share would be $1.2 million.
Perry and Salley would get $256,000 and $271,000, respectively.
Windsor’s share would be $206,000.
Monetta would receive $190,000.
County staff wanted to make sure that all the municipalities would receive at least 15 percent more from Capital Project Sales Tax V than they did from Capital Project Sales Tax IV, based on projections.
You must be logged in to post a comment.