reassessment topic page
3:19 pm on Friday June 21, 2013
Property taxes, trash fees to increase as Beaufort fights contracting funds
A forecast downturn in property values has the City of Beaufort needing to trim an estimated $600,000 to $700,000. A property tax hike of 4.32% will cover about a quarter, and a $2.70 increase in trash rates will cover a quarter, and a quarter in...
7:22 am on Wednesday June 12, 2013
City of Beaufort's search for shortfall tax revenue gets no love from public
The city is continuing to look for creative measures to make up an anticipated $600,000 to $700,000 shortfall in next year's budget, but a plan to add a small tax to non-profit, school, hospital, or church-owned land drew strong public opposition.
9:40 am on Tuesday March 26, 2013
Budget gap: Discussing a local option sales tax, other possible city fees
An expected drop Beaufort County property tax revenues continues to propel conversation on how the City of Beaufort could raise taxes or fees to make up between $350,000 and $500,000.
Beaufort Mayor Billy Keyserling offered the below words on a...
2:13 pm on Thursday March 21, 2013
City of Beaufort looks to new fees in closing revenue gap
The City of Beaufort is looking for creative ways from vehicle registration fees, a local option penny sales tax, to new business fees in helping close an estimated $350,000 and $500,000 revenue gap after the next property reassessment.
5:11 am on Tuesday March 19, 2013
More information on a possible City of Beaufort tax hike
Last week word came that falling Beaufort County property tax revenues may cause the City of Beaufort to raise taxes on businesses or property owners to make up between $350,000 and $500,000.
Beaufort Mayor Billy Keyserling offered the below words...
4:56 am on Wednesday March 13, 2013
City of Beaufort may raise taxes if property values drop
Sometimes lower property values aren't a good thing: Beaufort County property tax revenues are expected to fall during the next property reassessment, and the City of Beaufort expects it will have to raise the city's taxes to make up between $350,...
1:54 am on Saturday February 18, 2012
Beaufort County plans: A $4 million property reassessment loss foretold
Flickr user Images_of_Money
During the Beaufort County Council retreat on Thursday, it was discussed that the 2014 reassessment could cause an all too familiar topic to return: budget shrinkage.
Namely a revenue dip for the county--$4 million less...
6:00 am on Thursday February 11, 2010
Senate votes fall short on property tax bill
After gaining some momentum, the plan to stimulate commercial real estate sales in the state of South Carolina with property tax breaks hit a major snare yesterday when it fell short of receiving enough votes for approval by the Senate.
Read about...
4:16 pm on Tuesday February 9, 2010
Bill to lower cost of commercial property sales once again moving
Presently when a commercial or second-home property home is sold there can be a sizable tax hike as the property becomes reassessed at its full value -- a situation that was created in 2006 when South Carolina's Legislature moved to insulate primary...
7:43 am on Tuesday December 22, 2009
Three years later, property tax fix being cited as a problem
Image by Flickr user D'Arcy NormanBack in 2006, to quell complaints of skyrocketing home taxes, property reassessments were capped at 15% increases.
Catch was, if you just bought a home or changed your property significantly, you'd get stuck with...
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