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Verified
Community News Reporter, Rock Hill Herald
Fort Mill
Beats
Content
By John Marks Verified| Rock Hill Herald Verified Business owners within the Fort Mill School District would see higher tax rates under a budget proposed Tuesday night. So would apartment, vacation home, vehicle and boat owners. A $253 million general fund budget would come with the highest tax rate increase allowed by law. A 21.2-mil increase would bring the rate to 308.6 mils — that’s a 7.4% increase. Millage is the rate applied to the assessed value of property
By John Marks Verified| Rock Hill Herald Verified A week after new school impact fees increased the cost to build homes in Fort Mill, separate fees could have the opposite effect on businesses. Town impact fees for fire service and municipal buildings would be reduced by more than a third if the town approves a proposed update its fees. The change could mean hundreds of thousands of dollars difference depending on the business type and size. The fee update would slightly increase the cost of a new home, but reduce costs for apartments
Company Info
Rock Hill Herald
The (Rock Hill, S.C.) Herald is a daily newspaper owned by McClatchy.
Rock Hill, United States
+1 803-329-4000
Founded: 1872