Because of legislation passed by the South Carolina General Assembly several years ago and because a county council was unwilling to approve a local government’s millage requests, a South Carolina Special Purpose District was forced to dip in to its reserves to the point that if it didn’t receive relief soon, public safety would eventually suffer.
The district’s commissioners and executive officers worked with TMPR to assess the total financial outlook and partnered with the district’s independent auditor to create a model illustrating the district’s financial position from the previous 5 years and projected 10 years in the future.
Strategically, this group met individually with each member of its county council to explain the historical data and projected future trend.
The district and TMPR then enlisted the assistance of supportive residents and business interests to speak to council committees and full council.
As a result of the transparent financial data and public support, council voted to provide the district’s requested millage adjustment for relief AND a separate millage adjustment to replenish the district’s reserve funds as allowed under state law.
