How much revenue is estimated to be generated by an additional one cent sales tax annually?

According to the South Carolina Revenue and Fiscal Affairs office, the additional one cent sales tax will generate approximately $37,421,097.00 per year. This estimate is prior to any adjustments made by the South Carolina Department of Revenue for administrative expenses.

Show All Answers

1. What was the bond referendum and when did it take place?
2. Now that the referendum has passed, when will the additional one cent sales tax begin, and when does it end?
3. Does the additional one cent sales tax apply to all sales?
4. How much revenue is estimated to be generated by an additional one cent sales tax annually?
5. How will revenue from the one cent sales tax be used?
6. Why do we need a New Judicial Center?
7. Why do we need a new City/County Government Complex?
8. Why combine City and County Government facilities?