BERKELEY COUNTY, S.C.–Today, Berkeley Chamber of Commerce CEO Elaine Morgan issued the following statement regarding the passage of the penny sales tax referendum Tuesday.
“We are proud that Berkeley County can keep moving forward with so many important road projects. Our county is one of the fastest growing in the country and this referendum allows us to keep up with the infrastructure and road needs,” stated Morgan. “Thank you to the voters for helping support our local businesses!”
On Tuesday, 67 percent of voters said ‘yes’ to the penny sales tax.
This current vote allows for the extension of the special sales tax in the amount of one percent which will be imposed in Berkeley County for not more than seven years, or until a total of $230,000,000 in resulting revenue has been collected.
On November 4, 2008, the voters of Berkeley County first passed the one percent sales tax.
Collection began the following May and the first revenue was received in October of 2009. As of July 2014, a total of $95,000,607.81 has been collected. At this rate, $133 million will be collected over seven years, according to county officials.
The sales tax will be used to finance the costs of highways, roads, streets, bridges and other transportation-related projects.
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