Chamber supports the passage of the Capital Projects Sales Tax

  • Friday, September 7, 2012

During the Aug. 28 meeting of the Georgetown County Chamber of Commerce Board of Directors, the Board unanimously voted to support the passage of the Capital Projects Sales Tax which will appear on the November ballot.
The projects included in the referendum increase the appeal of the County as a place to live. Most importantly, the Port of Georgetown dredging and an investment in infrastructure places Georgetown County in a much better position to recruit new businesses and create jobs.
The proposed list of projects addresses the overall quality of life in the county and much needed investment in our water ways. Many of the projects were previously identified in the County's Capital Improvement Plan. From improving road ways to water ways and rural fire stations to libraries the referendum offers the citizens of the county the opportunity to play a vital role in the continued improvement of the community without having to bear the full burden of the cost as they would with an increase in property taxes.
During the discussion leading up to the unanimous vote, the directors felt that the one cent increase in the sales tax was a much better vehicle to fund the projects than an increase in property taxes. Even after the referendum is passed, Georgetown County will still have the lowest sales tax (7%) of any of our neighboring counties (Charleston - 8.5%, Horry - 8%, and the City of Myrtle Beach - 9%).
While the Chamber is supporting the passage of the Capital Projects Sales Tax, representatives from the Chamber have discussed with the County the need to repeal the "Impact Fees" that, by some accounts, have created a disincentive to builders and developers that find the fees cost prohibitive. The Chamber is very pleased by the County's willingness to take up this issue.

From Georgetown County Chamber of Commerce

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