Tag: millage rollup

Crunch Time on Horry County Budget – Updated

Third reading of the Fiscal Year 2014-15 Horry County budget could provide some interesting viewing at tonight’s meeting of Horry County Council.

Central to the discussions will be a new funding agreement with Coast RTA, which will tighten council control over the money it provides Coast RTA, but not nearly to the extent that was called “overreaching” by several council members earlier this month.

Also of concern to some council members is the “hidden tax increase” included in the millage rollup associated with last year’s reassessment of property values throughout the county.
Property values showed a net decline due to the housing bubble bust several years ago and a slight increase in millage was needed to balance next year’s county budget.