Fort Mill School District Operational Funding Crisis

Fort Mill School District Operational Funding Crisis
Posted on 01/20/2017
District Funding Crisis

School board chairman, Patrick White, wants tax payers and state legislators to know the negative affects Act 388 has caused, particularly to Fort Mill School District’s operating budget. It’s a message he’s taking on the road, not only to Columbia, but throughout our school family and community.

White described the effects of Act 388 as an “operational funding crisis,” one of which has resulted in a $60 million loss on some 6,000 homes built within the school district since 2008.  And that loss will continue to increase unless fast-growing school districts, such as Fort Mill, are operationally funded in a different manner than what is in place under Act 388.

The premise of Act 388’s was to remove the local property tax burden on owner occupied homes by raising the State’s sales tax by one penny.  The newly generated income from the sales tax was to be distributed back to school districts, thus replacing the “school operations” credit homeowners receive on their annual tax bills.  Unfortunately, the State was only able fully-fund the local operating income loss for the first year, which has now amounted to an estimated $60 million dollar loss for the Fort Mill School District.

Chairman White is urging parents and the community to become knowledgeable on Act 388’s impact to the school district. As the fastest growing school district in the state, the Fort Mill School District has no chance of its operational dollars keeping pace with the near double-digit growth and influx of new students.

Here’s what you can do . . .

-Read more about Act 388 via this Fort Mill Times article.

-Listen to Patrick White's discussion with Patti Mercer on WRHI.

-Watch Patrick White on CN2's Nov 28th news episode.

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