Two years ago, Horry County Council imposed impact fees on new construction for the first time in county history. Two years prior to the impact fee ordinance, 72% of county voters had said YES to impact fees in an advisory referendum.
During the first two readings of the impact fee ordinance, the maximum possible fee of $6,645 per single family home was passed with other types of construction also being charged the maximum fee allowed by state law formula.
On third reading, then council member Johnny Vaught amended the ordinance to reduce the fee by 81.4% to a rate of $1,236 per single family home. Seven other council members joined Vaught in bowing to pressure from the development lobby to make the fee nominal. Those same eight council members voted to increase property taxes that same year by 7.5 mills, the maximum allowed by state law formula. Five of those eight council members will be up for reelection next year. Two others have already been replaced on council.
click on headline above to read more