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County OKs Borrowing Money to Complete Sales Tax Projects

Posted on September 7, 2015

By Clayton Stairs, SouthStrand News

Sales tax projects, including dredging, fire substations and road resurfacing, are on track to be completed simultaneously after Georgetown County Council took action to borrow up to $28 million at its regular meeting Aug. 25.

In a unanimous decision, council approved the second reading of an ordinance that would, if passed, borrow up to $28 million, the total cost estimated for capital projects funded by a 1-cent sales tax that will be collected through April 2019.

The ordinance’s third and final reading is scheduled for the Council’s Sept. 8 meeting.


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