Last year, Richland County received more in sales tax than it gave back in tax credits to Richland County taxpayers. When a diligent deputy treasurer of mine noted the difference, we notified the County Council Chair, Administrator, and the County Auditor. To the credit of all involved, it was immediately agreed that the additional funds would be used to increase the tax credits given back to our county taxpayers in the coming year.
The additional $3 million credit will mean that tax bills will be the same or less per $100,000 home in Richland County in the coming year. County Council approved the new tax rates at their meeting Tuesday night (4 October). It will not be a windfall for anyone (from no increase to an $8 decrease per $100,000 home) but every little bit helps when watching out for your money.
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