Property taxes decrease in Charleston County’s proposed budget due to increased sales tax revenue
Charleston County government needs more money to run next year, mostly due to the cost of adding employees in the Consolidated 911 Dispatch Center and Public Works Mosquito Control Division.
But, the county also expects to bring in more than expected from the local-option sales tax. So homeowners will see a decrease in their property taxes, if County Council passes the budget that administrator Kurt Taylor presents for the first time tonight.
Taylor will make his presentation to Council’s Finance Committee at 5 p.m. tonight on the second floor of the Lonnie Hamiliton, III Public Services Building at 4045 Bridge View Drive in North Charleston.
Taylor’s proposed budget for the 2014 fiscal year, which begins July 1, is $194 million. That’s up 3.7 percent from this year’s budget.
But if Taylor’s proposed budget eventually passes, taxes for owner-occupied homes will drop 6 percent. That’s a reduction of $4.80 on a $100,000 home.
Read more in upcoming editions of The Post and Courier. Reach Diane Knich at 937-5491 or on Twitter @dianeknich.