The levy imposed on real estate within a specific South Carolina coastal region funds essential public services. For instance, these funds support local schools, maintain infrastructure like roads and bridges, and contribute to public safety initiatives such as fire and police departments. The rate is determined based on the assessed value of the property and the millage rate set by the local government.
Stable and predictable revenue generated through this mechanism plays a vital role in maintaining the quality of life within the community. Historically, such levies have been a cornerstone of local government funding, enabling municipalities to provide services essential for community well-being and growth. This funding source is often tied directly to local needs, ensuring that the resources collected are reinvested back into the region.
