The Charleston Trident Association of Realtors has launched a campaign to get voters to choose “yes” on an upcoming Dorchester County local option property tax relief ballot on Nov. 5.
The 1 percent local-option sales tax would specifically be used to help lower property tax bills, officials have said.
The referendum would push the 1 percent sales tax to those who shop at retailers in the county. The tax is estimated to bring in about $8 million a year for the county. This shift of taxes to consumers was adopted by both Charleston and Berkeley counties.
“With regard to property taxes, Dorchester County needs to become more competitive,” said association CEO Wil Riley, a Summerville resident. “Currently, Dorchester County residents are paying a much higher rate compared to our neighbors in Berkeley and Charleston counties, where property tax relief has been passed.”
The campaign’s website: www.voteyespayless.com.
This referendum isn’t new for Dorchester County. It’s been put to voters four times before, and each time the majority chose no. The most recent failed vote was in 1998.
The Lowcountry Housing Trust is conducting research to document financing and technical assistance needs of affordable housing developers and community-based business owners. The nonporfit said a 10-minute online survey, which it’s sending out via email and hopes to complete by early October, will help it in securing new sources of financing.
The group also plans to publish the key findings on its website, lowcountryhousingtrust.org.
Reach Tyrone Richardson at 937-5550 and follow him on Twitter @tyrichardsonPC.
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