The GGSC was established in 1968 to provide residential services to a specific segment within a designated area in Greenville County. Its original purpose was to serve a focused residential need within the district.
In the past five years, the district has expanded both its services and geographic area beyond the scope outlined in its charter. This expansion has included competition with the private sector, using taxpayer dollars to fund these efforts.
Proposed Transfer Station with your dollars.
The proposed Transfer Station is located in close proximity to an established neighborhood that opposes its construction. Initially, the facility was presented as an office building, but the new plans include a transfer station, which has raised concerns among residents.
The district is proposing the addition of a 4.7 mill debt service, which will be added to the current 14.9 mill rate. This equates to a 23.97% increase in taxes for district residents.
District is seeking approval to use your money!
Greater Greenville is seeking approval for a $34 million bond to fund the building and construction of both office facilities and the Transfer Station. The requested bond aligns with the district's 8% debt limit. Because the district will not exceed this limit, the bond approval does not require a public vote or referendum.
Does the $34 million cover the full cost of the project?
No. The requested $34 million bond only covers part of the costs, including the construction. It does not account for additional expenses like furniture, operating equipment, or other necessary infrastructure.
Currently, the district is operating at a $1.8 million loss, which is expected to grow to a $6.5 million loss by 2026. This could escalate into a $20 million deficit by 2026, while the district also proposes increasing taxes on Greenville County residents and businesses.
For a home valued at $300,000, the tax increase will result in an additional charge of $37.18 per month. The district does not provide a clear rate structure for commercial properties.
All readings and votes are being scheduled before the new County Board administration takes over, which raises concerns about whether the new board will have an opportunity to weigh in on the decision-making process.
District’s Approach to Gain Access to your Money
According to Section 4 of the First Tryon Advisors report, "ad valorem taxes without limitations as to rates or amounts, levied on all taxable properties in the district" could result in unanticipated or excessive tax burdens. Greater Greenville has not been transparent in informing businesses that they are facing a 24% tax increase.
The first reading took place on Election Day, November 5th.
The second reading and public hearing are scheduled for November 19th.
The third and final reading is scheduled for December 3rd.