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Staff proposes $56M package from 2018 sales-tax overcollection to finish Ladies Island corridor and prioritized pathways
Summary
Beaufort County staff proposed a balanced $56.07 million package that would use overcollection from the 2018 sales-tax program (collected $146.5M vs. $120M planned) to fund a set of Ladies Island road projects and prioritized pathway projects. Staff will present a resolution to council for a July vote.
County staff presented an updated accounting of the 2018 sales-tax program and recommended a set of road and pathway projects to the Beaufort County Council.
Staff said the original sales-tax program was $120 million but actual collections totaled $146.5 million. After previously allocating $15.5 million to pathways and securing approximately $5 million in grants for pathways, staff said $11 million of the overcollection remained unobligated. Using the remaining balances and other allocations (Ladies Island allotment of $23.3M and pathways $21.74M), staff presented a $56.07 million package of projects…
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