Tag: local government revenue

Bureaucracy to prevail at expense of the taxpayer

S.C. House to Vote on Local Government Fund

The S.C. House will vote on H.3374 this week, a bill that would severely restrict revenue for the local government fund.

State law, passed in 1991, requires the S.C. General Assembly to return 4.5% of last year’s state general fund revenue to local governments.

However, in many budget years, the S.C. General Assembly has passed a one-year exception to the law allowing it to send back to local governments less than the mandated 4.5%.