County passes second reading of FY2015 budget

  • Friday, June 13, 2014

The total county budget for Fiscal Year 2015 is in the amount of $67.9 million, according to Georgetown County Administrator Sel Hemingway.

Hemingway told the county council – at its regular meeting June 10 – that this is a 4.6 percent reduction compared to FY2014.

Georgetown County Council passed second reading of the budget for the fiscal year beginning July 1, 2014, and ending June 30, 2015.

No one spoke during a public hearing for the budget prior to its approval.

Final reading of the budget is June 24.

The budget states that tax millage for the county will increase by 1 mill, which is equal to $1 in taxes for every $1,000 in assessed valuation.

For residents living in County Fire District 1, millage will increase an additional 0.6 mills; and for residents in Midway Fire District 2, millage will increase by 0.3 mills.

Hemingway said that the only thing that could change in the budget report is the lack of a 50 percent contribution from the state for expenses related to a winter ice storm that caused damage throughout the county.

“The only indication we have now is that there will be no state participation,” Hemingway said.

Depending on state participation and reimbursements from the Federal Emergency Management Agency (FEMA), “the net effect will be $500,000 to $600,000,” he said.

That amount would be subtracted from the County's reserve fund, which is now at $9.37 million, Hemingway said.

It would not effect the millage rate or the total amount for appropriations, he said.

Hemingway said he would have an update about this issue at the June 24 meeting.

Appropriations

General Government Fund – $24,917,000

County Fire (District #1) Fund – $2,629,000

Midway Fire (District #2) Fund – $3,585,000

Victims Services Fund – $213,000

Higher Education Fund – $690,000

Bureau on Aging Services Fund – $874,000

Clerk of Court IV-D Unit Cost Fund – $175,000

Clerk of Court IV-D Incentive Fund – $37,000

State Accommodations Tax Fund – $1,117,000

Economic Development Fund – $329,000

Economic Development Multi-County Marketing Fund – $36,000

Law Enforcement Fund – $11,810,000

Road Improvement Fund – $1,737,000

Murrells Inlet Revitalization Fund – $64,000

Emergency Telephone System Fund – $545,000

Debt Service Fund – $7,000,000

Capital Equipment Replacement Fund – $4,674,000

Environmental Services Fund – $6,067,000

Stormwater Management Fund – $1,474,000

The budget included authorization for the Auditor to levy upon all taxable property in Georgetown County, and the Treasurer to collect:

A tax of 26.8 mills for the County General Government Fund

A tax of 15.4 mills for the County Law Enforcement Fund

A tax of 2.4 mills for the County Environmental Services Fund

A tax of 8.1 mills for the County Debt Service Fund.

A tax of 0.5 mills for the County Bureau of Aging Services Fund.

A tax of 0.5 mills for the County Economic Development Fund.

A tax of 1.2 mills for the County Higher Education Fund

Other taxes

A tax of 28.7 mills for those areas within the Georgetown County Fire District #1.

A tax of 11.5 mills for those areas within the Midway Fire District.

A tax of 2.9 mills for Solid Waste Recycling & Collection for all those areas of Georgetown County not within the corporate boundaries of the City of Georgetown and the Town of Andrews.

Comments

Notice about comments:

South Strand News is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. We do not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not South Strand News.

If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full terms and conditions.

Upcoming Events
Poll
Print Ads
Latest Videos


South Strand News

© 2014 South Strand News an Evening Post Industries company. All Rights Reserved.

Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Parental Consent Form.
150-02-88705