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In November 2014, Aiken County citizens voted in support of the Education Capital Improvements Sales and Use Tax to address facility construction of Aiken County’s schools. This additional 1% sales tax took effect on March 1, 2015 and will benefit five designated and voter approved projects, including Aiken High School, North Augusta High School, Leavelle McCampbell Middle School, Ridge Spring-Monetta's K-12 Campus and, as funding is available, updates to Aiken County's renowned Career & Technology Center.
The District utilized conservative sales tax projections provided by the South Carolina Revenue & Fiscal Affairs Office for planning purposes and as required by the enabling legislation. The Revenue & Fiscal Affairs Office projected $188,639,040 over the life of the ten year, 120-month collection period.
Collections are trending stronger than projected.
“The trust that was given to the school district required a tremendous amount of faith; we’re going to do the best we can to be good stewards of that trust,” Aiken County's Superintendent Dr. Sean Alford promises.
Information posted here is just one way that our District communicates its gratitude to the community and keeps stakeholders updated on the Progress of the Penny.
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November 10 Community Update
Ï㽶ӰÊÓ and the One Cent Oversight Committee provided an update for the community on the progress of the Education Capital Improvements Sales & Use Tax that is helping to rebuild school facilities during a live virtual meeting held Thursday, November 10, at 7:00 p.m.
The Community Update marks the second-annual community meeting to share with stakeholders the progress of the penny and the status of school construction projects.
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Approved: November 4, 2014
Amount: 1% sales tax on eligible items
Use: 10% used for property tax relief + 90% five projects
Start Date: Commenced March 1, 2015
Duration: Continues ten years & does not automatically renew
Option: Bond Issuance up to $125 million
Anticipated Total Funding: $188,639,040
Option: Bond Issuance up to $125 million to jump start the project
5 construction projects identified on the ballot:
Aiken High School
North Augusta High School
Leavelle McCampbell Middle School
Ridge Spring-Monetta K-12 Campus
Aiken County Career & Technology Center