Shortfall: County officials balance CPST revenue with rising costs | New

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Greenwood County could hit the $87.9 million revenue cap for the 2016 capital projects sales tax early — a far cry from the multimillion-dollar shortfall projected just two years ago .

When the penny sales tax was passed in a referendum in 2016, voters went to the polls and approved the tax with a maximum collection cap of $87,938,185 to fund 27 projects nationwide. county. The confusion erupted in August 2019, when the late County Council Chairman Steve Brown said officials expected their final recovery rate to be up to $20 million lower than the projected total.

Contact editor Damian Dominguez at 864-634-7548 or follow on Twitter @IJDDOMINGUEZ.

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