Fiscal Year 2008 Budget Overview

Charleston County Government’s taxes stay steady for 12^th straight year.

Total County operating budget is $365.5 million.

The General Fund portion of the Total County operating budget is $172.2 million.

house

The property tax and fee on a $250,000 owner-occupied home in an unincorporated area:

Property Tax

Local Option Sales Tax Credit

Recycling/Disposal Fee

$468.00

<235.00>

99.00

________

$332.00*

*The total does not include taxes for the School District, Municipalities or Public Service Districts.

For comparison purposes, the property tax and fee on a $250,000 house in FY 1991 was $690.00. The Local Option Sales Tax Credit (LOST), adopted in 1991, was designated to reduce local property taxes. Charleston County applies 100 percent of the LOST revenues as credit against local property taxes.