111 Law Range Street
Saluda, South Carolina 29138
Phone No: 864-445-4500 ext #2289
Office Hours: 8:30 a.m. - 5:00 p.m. Monday - Friday
Public Information Officer
Angie S. Saxon
Phone Extension: #2289 (Press # and extension numbers)
*Please refer any questions or comments to the Public Information Officer*
Reports from the Saluda County Public Information Officer
September 6, 2023
Update about the Detention Center:
In our first 4 years we have collected $4,917,004 in Capital Projects Sales Tax to use toward the Detention Center.
Ordinance 08-23 is an amendment to Ordinance 06-18 (Capital Sales Tax Ordinance) so that we can borrow the funds that are left to collect from the next 4 years of sales tax revenue. We will borrow $5,500,000 which is the next 4 years of expected collections. Those payments will be made within the next 4 years as we collect the Capital Projects sales tax. This is paid back with sales tax funds and not added property taxes. It states in the Original Ordinance (06-18) that we can borrow funds up until November 2023 or we will have to wait until the end of 8 years to start building.
*1st Reading was approved August 14, 2023
*2nd Reading will be September 11, 2023
*3rd Reading is scheduled for October 9, 2023
Ordinance 09-23 allows the county to borrow up to 8% of the assessed value of all taxable property in the county. We currently do not owe any bonds. We can borrow up to $5,660,000 and pay that back over the next 15 years with payments being around 5.90 mills assuming a 4.5% interest rate starting the 2024-2025 tax year.
*1st Reading will be September 11, 2023
*2nd Reading Scheduled for October 9, 2023
*3rd Reading Scheduled for November 13, 2023