Morrisons Cove Herald - Putting cows on the front page since 1885.

By THOMAS SCHMITT
Correspondent 

S.C. Real Estate Taxes Going Up 3 Percent

 


There was no discussion by the Spring Cove School Board at the June 24 meeting prior to it passing the 2019-20 general fund budget in the amount of $27.988 million by a 6-0 margin.

This is a three-percent tax increase over last year’s budget. The three percent increase was the amount agreed upon by the board at the Committee of the Whole meeting on June 17 after a lengthy discussion. The school district still faces a substantial budget deficit.

This represents a final real estate tax of 11.03 mills on the assessed value of all real property taxable for school purposes in the Spring Cove...



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