Tag: One-cent Capital Projects Sales Tax for Education

One Cent Sales Tax for Education Worth Every Penny

On the November 8, 2022 general election ballot, Horry County voters will be asked to approve the reimposition of the one-cent Education Capital Improvement Sales and Use Tax for an additional 15 years.
The revenue from this tax is used to keep millage low on property tax for debt indebtedness levied by the Horry County School District throughout Horry County. The current property tax for debt indebtedness by Horry County Schools is 10 mills.
In November 2008, Horry County voters approved a referendum to collect a one-cent local option Education Capital Improvement Sales and Use Tax. The tax will end in March 2024 unless it is reimposed with a new referendum. Since the one-cent sales tax was first approved, property tax millage for school bond indebtedness has been reduced from 28 mills to 10 mills.
Revenue from the tax may be used for capital improvements. It may not be used for salaries, benefits and other personnel costs.

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