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County payment uncertainty and Greenwood County reassessment cloud revenue picture
Summary
Fleming told the board that county negotiations are ongoing and an estimated $500,000 from a county source (referred to as TGM) is possible but not guaranteed. She also said Greenwood County's five‑year property reassessment could affect tax revenue, with appeals expected to finish around mid‑October.
Jennifer Fleming said the district has been in contact with county officials about intergovernmental payments but that figures are not finalized. "They are still in negotiations with them as far as what they are going to be required to pay... we are thinking that we may receive around $500,000 from TGM for next year," Fleming said, but she emphasized the county did not guarantee the amount.
Fleming also discussed Greenwood County's property reassessment process, which happens every five years and carries a hold‑harmless provision limiting increases for existing property owners to 15 percent. She said the district will not know the reassessment's net effect on property tax revenue until mid‑October after the appeals process is complete. The board noted the uncertainty and said it would not rely on the full $500,000 estimate when planning the budget.
