Thursday's editorial praises the recent property-tax swaps by the Horry County school board, but also praises one board member for arguing the reductions may not have not gone far enough.
Last week - fending off its own
declining tax revenues and dire news from the state - the Horry County
school board narrowly voted to shift a number of local funding sources
that will have the net results of, first, keeping part of a promise
made during last year's school sales-tax pitch and, second, lowering
the school's property-tax rates on owner-occupied homes by about 29
percent.
On the surface, the maneuver sounds like and is a good
deal for taxpayers. But school board member Joe DeFeo, leading the
opposing faction in the 5-4 vote on the budget, doesn't want you to
call it a tax decrease.
Well, OK, Joe - a tax decrease it isn't.
But it's not exactly a tax increase, either. And the process has so
many moving parts that it is tempting to call it, as DeFeo does, a
shell game. But we don't believe it's that, either.
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