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Then either Mt. P's infrastructure is suffering or taxes are being raised elsewhere to keep up with the growth in the area.
Or just maybe since MTP's population grew by over 10k since 2010 ... and added a lot of taxable property to the tax base ...as well as to sales tax revenue ...
Residential property taxes do not cover the cost of a residence. Mt. Pleasant has to add commercial/business taxes in order to fund infrastructures for increased population
10 years ago house values were higher for Mt. Pleasant. They are just (the last year) getting back to where they were in 2005 so it is possible we are paying less tax today than 10 years ago but that won't last right?
The only way taxes go down... is when the town cuts its budget ... or tax revenue increased ......the first option didn't happen ....with 10k new residents since 2010 ... the combination of real estate and sales taxes make up the vast majority of the towns revenue stream ...and if the revenue stream increase is larger than the increase in the towns budget ... taxes go down...
In regards to Volvo, this is a game that many states and counties have been playing for years in order to lure business, and it is a good debate to have on whether the price of admission is worth it. I think it is totally worth it in 2015 for Berkeley County and the State of SC to make concessions on things like property taxes in order to get the deal done. It should be considered like an investment and the depressed rural areas around the plant will certainly benefit. These are some of the poorest areas of the state, so it is a great thing.
The trade off is that investment in infrastructure needed to support the company is going to be paid for by the rest of us in state. The hope is that this investment will help the community by providing a more stable, thriving local economy, which it should.
Everyone agrees that the roads in SC need work but no one thinks that it can be done properly. It may become a self-fulfilling prophecy.
In regards to Volvo, this is a game that many states and counties have been playing for years in order to lure business, and it is a good debate to have on whether the price of admission is worth it. I think it is totally worth it in 2015 for Berkeley County and the State of SC to make concessions on things like property taxes in order to get the deal done. It should be considered like an investment and the depressed rural areas around the plant will certainly benefit. These are some of the poorest areas of the state, so it is a great thing.
The trade off is that investment in infrastructure needed to support the company is going to be paid for by the rest of us in state. The hope is that this investment will help the community by providing a more stable, thriving local economy, which it should.
Everyone agrees that the roads in SC need work but no one thinks that it can be done properly. It may become a self-fulfilling prophecy.
Most of the road complaints come from those who don't want roads in their back yards
Most of the road complaints come from those who don't want roads in their back yards
That is part of it, but I'm just talking about fixing what is already there, which is an embarrassment. And you know it is bad when the head of Michelin tire complains.
That is part of it, but I'm just talking about fixing what is already there, which is an embarrassment.
Agreed, but calling it an embarrassment is kind of hyperbolic, compared to other places I've seen. All they really need to do is add an extra lane to each side of 26 from Ridgeville or beyond to Summerville. Extra lighting and barriers would help as well. And the lanes need to be repainted and I'd look to see some tree clearing.
Don't really need to worry about the roads around the plant yet. It's not like a bunch of schools, shopping centers, offices, parks, etc, etc are going to pop up near Ridgeville overnight. A lot of people going to work at the plant will likely be living in the Summerville/G Creek/Monks Corner. So as long as the infrastructure for those developments gets straightened out, we're in good shape for now, IMO.
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