While attending a meeting with several Coast RTA officials nearly a month ago, I was asked several times if I had an explanation for why funding from Horry County for Coast RTA is treated differently than funding for the Myrtle Beach Regional Economic Development Corporation.
I had no other answer than the potential political clout of MBREDC board members compared to that of Coast RTA board members.
In the current fiscal year budget, Coast RTA is budgeted to receive $1.055 million from Horry County with some questions remaining about the upcoming May 1, 2014 fourth quarter payment of approximately $263,000.
Speak Up…