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Council directs staff to hold $9.6 million Airbnb settlement in contingency and prepare spending recommendations
Summary
Council voted to stop any spending of a $9.6 million settlement currently in local accommodations tax (ATAX), move the funds to council contingency and ask staff to propose prioritized spending recommendations.
Charleston County Council voted April 20 to place $9.6 million from a recent Airbnb settlement under council control and to halt any spending until council develops a public set of priorities.
Council member Pryor moved that staff prepare recommendations on how the money should be spent and that the settlement funds be moved from local accommodations tax (ATAX) into Council contingency. Pryor said the money should not be absorbed into the existing ATAX uses without council review and that members should view staff proposals publicly before allocation. He described an expedited timeline, saying he did not want to wait…
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