If you live in York County SC and vote Nov 7th, you will see a Pennies for Progress 4 referendum on the ballot. Talk of the Town Carolinas host Patti Mercer interviewed Program Manager Patrick Hamilton to find out what is Pennies for Progress and specifically Pennies for Progress 4.
Pennies for Progress is the name of the York County Capital Projects Sales and Use Tax Program that began in 1997. The Pennies for Progress Program was initiated by York County to provide funding for safer and more efficient roadway system. Anyone purchasing goods (a one-cent sales tax) in York County help to fund the road work program. The projects are chosen by a Sales Tax Commission and then are approved by York County voters every 7 years. York County was the first county in South Carolina to pass this type of sales tax to improve the road system. There have been 3 Pennies for Progress programs since the program began in 1997.
1997 Pennies for Progress 1 consisted of 14 road projects and $190 million raised
2003 Pennies for Progress 2 consisted of 25 road projects and $184 million raised
2011 Pennies for Progress 3 consisted of approximately 24 road projects and $170 million raised.
The new proposed Pennies for Progress 4 referendum totals $277.92 million. If approved, money from the tax will begin collecting on May 1, 2018, and end on April 30, 2025. Not only does Pennies 4 have many new proposed road projects, the commission has added a road repair budget of approx $50 million.
To find an interactive map of proposed Pennies for Progress 4 projects go to www.penniesforprogress.net/153/Pennies-4-Projects
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