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.
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
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.
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