Horry County will not have to change the value of a property tax mill as a result of property reassessment.
Final reassessed property values countywide came to within approximately 2% of former values so Horry County staff could do some juggling and hold the line on the county’s recently approved Fiscal Year 2015 budget.
But, that does not mean there will not be both winners and losers when tax bills go out. Some property taxes will go up and some will come down relative to prior years’ tax bills. In fact, there will be a distinct shift in tax revenues in the county.