Item Coversheet
Item Number: 11.b
Meeting Date:
 2/9/2021
Item Type:
 SECOND READING OF ORDINANCES 

 
AGENDA REQUEST FORM
GEORGETOWN COUNTY COUNCIL
 
DEPARTMENT: Legal

ISSUE UNDERCONSIDERATION:
Ordinance No. 21-05 - An Ordinance Allocating the Remaining 2014 Capital Project Sales Tax Surplus Proceeds for Capital Projects and Other Matters Related Thereto

CURRENT STATUS:

Georgetown County Council enacted Ordinance 2014-28 on August 12, 2014 whereby a ballot question for the implementation of a Capital Project Sales Tax was ordained and voted upon during the November 4, 2014 general election.

 

The voters of Georgetown County, at the 2014 general election, passed the addition of a one cent sales tax (CPST) to be collected within Georgetown County beginning May 1, 2015 with an end date of April 30, 2019.The collection has ended resulting in a surplus of capital project sales tax proceeds.



POINTS TO CONSIDER:
In 2020 Georgetown County Council passed Ord. 20-26 whereby $4,041,353 of the surplus was allocated for capital projects. County Council, after researching and submitting proposals for projects to County administration, is now tasked with the adoption of an ordinance to allocate the remaining 2014 capital project tax surplus proceeds for capital projects. 

FINANCIAL IMPACT:


OPTIONS:

1. Adopt Ordinance No. 21-05.

2. Do not adopt Ordinance No. 21-05.



STAFF RECOMMENDATIONS:

Recommendation for adoption of Ordinance No. 21-05, "An Ordinance Allocating the Remaining 2014 Capital Project Sales Tax Surplus Proceeds for Capital Projects and Other Matters Related Thereto".


NOTE: Ordinance No. 21-05 was introduced at First Reading by title only, therefore a motion to amend will be required to incorporate ordinance text. 



ATTORNEY REVIEW:
ATTACHMENTS:
DescriptionType
Ordinance No. 21-05 CPST SurplusOrdinance