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State of South Carolina Office of State Treasurer

Local Government Debt Report

June 30, 2007

Converse A. Chellis, III, CPA State Treasurer

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Debt Summaries

County General Obligation Revenue Total

Summary of County Debt

Abbeville 962,918 2,403,418 3,366,336Aiken 24,930,000 8,591,367 33,521,367Anderson 32,229,177 24,380,241 56,609,418Barnwell 1,870,000 - 1,870,000Beaufort 141,670,000 63,812,779 205,482,779Berkeley 38,142,717 - 38,142,717Calhoun 445,264 1,273,867 1,719,131Charleston 160,821,250 114,485,000 275,306,250Cherokee 5,245,000 - 5,245,000Chester 3,200,000 - 3,200,000Chesterfield 4,054,427 - 4,054,427Clarendon 3,140,000 - 3,140,000Colleton 10,351,955 6,353,985 16,705,940Darlington 4,233,404 793,683 5,027,087Dillon 2,705,000 678,818 3,383,818Dorchester 23,583,623 128,275,501 151,859,124Edgefield 2,981,415 - 2,981,415Fairfield 1,675,000 - 1,675,000Florence 17,284,450 - 17,284,450Georgetown 17,620,000 - 17,620,000Greenville 55,315,000 28,565,000 83,880,000Greenwood 13,626,257 - 13,626,257Hampton 1,125,880 - 1,125,880Horry 63,915,000 412,075,123 475,990,123Jasper 3,810,332 - 3,810,332Kershaw 9,587,199 6,014,391 15,601,590Lancaster 44,228,310 21,565,716 65,794,026Laurens 4,565,570 2,045,000 6,610,570Lee 2,136,471 - 2,136,471Lexington 49,474,486 - 49,474,486Marion 4,196,420 - 4,196,420Marlboro 4,064,139 - 4,064,139Mccormick - - -Newberry 4,915,000 6,316,468 11,231,468Oconee 12,521,742 - 12,521,742Orangeburg 9,645,000 67,193,773 76,838,773Pickens 14,368,529 5,198,572 19,567,101Richland 57,231,788 65,475,000 122,706,788Saluda 1,280,264 - 1,280,264Spartanburg 30,896,562 - 30,896,562Sumter 14,751,111 - 14,751,111Union 3,515,000 - 3,515,000Williamsburg 6,505,001 - 6,505,001York 20,625,908 25,295,000 45,920,908

1,920,239,271990,792,702929,446,569Total County Debt


Summary of Municipality Debt

Abbeville 504,191 8,695,309 9,199,500Aiken 5,810,445 18,053,832 23,864,277Allendale 153,268 - 153,268Anderson 10,464,961 85,757,094 96,222,055Bamberg 551,583 446,197 997,780Barnwell 105,622 4,412,508 4,518,130Beaufort 78,091,149 68,207,996 146,299,145Berkeley 3,936,257 8,141,740 12,077,997Charleston 234,706,357 59,118,150 293,824,507Cherokee 2,158,091 2,189,396 4,347,487Chester 85,154 193,366 278,520Chesterfield 1,843,769 5,179,043 7,022,812Clarendon 4,908,122 - 4,908,122Colleton 3,721,470 7,693,182 11,414,652Darlington 1,448,627 14,848,152 16,296,779Dillon 3,559,889 9,376,296 12,936,185Dorchester 5,102,486 266,079 5,368,565Edgefield 49,592 - 49,592Fairfield - 7,265,000 7,265,000Florence 4,801,202 74,675,167 79,476,369Georgetown 1,243,668 15,290,456 16,534,124Greenville 35,765,493 177,832,791 213,598,284Greenwood 936,716 25,944,889 26,881,605Hampton 1,780,909 5,437,314 7,218,223Horry 173,420,360 65,951,218 239,371,578Jasper 2,777,409 3,314,709 6,092,118Kershaw 1,119,062 26,624,528 27,743,590Lancaster 1,829,384 9,556,597 11,385,982Laurens 3,375,202 8,298,808 11,674,010Lee 19,160 2,790,267 2,809,427Lexington 16,597,605 92,144,630 108,742,235Marion 1,117,905 12,191,812 13,309,717Marlboro 1,693,222 9,245,667 10,938,889Mccormick 1,035,248 - 1,035,248Newberry 151,161 7,143,223 7,294,384Oconee 3,960,618 11,886,125 15,846,743Orangeburg 10,148,105 22,314,572 32,462,677Pickens 28,396,054 6,702,105 35,098,159Richland 18,206,610 220,404,242 238,610,852Saluda 161,922 345,629 507,551Spartanburg 3,231,181 41,415,963 44,647,144Sumter 8,464,565 46,751,535 55,216,100Union 256,445 13,537,122 13,793,567Williamsburg 684,307 4,955,316 5,639,623York 11,926,097 157,233,320 169,159,417

2,052,131,9891,361,831,345690,300,643Total Municipality Debt


Summary of School District Debt

Anderson 129,719,624 - 129,719,624Barnwell 10,166,000 - 10,166,000Beaufort 272,825,090 - 272,825,090Berkeley 164,642,647 296,280,000 460,922,647Calhoun 250,000 - 250,000Charleston 366,882,047 - 366,882,047Cherokee 36,600,244 43,270,000 79,870,244Chester 23,220,000 - 23,220,000Chesterfield 61,460,569 23,615,000 85,075,569Clarendon 20,902,626 - 20,902,626Colleton 107,827,085 - 107,827,085Darlington 53,259,551 - 53,259,551Dillon 852,179 - 852,179Dorchester 48,970,000 - 48,970,000Edgefield 15,275,000 - 15,275,000Fairfield 2,011,213 - 2,011,213Florence 24,762,566 - 24,762,566Georgetown 106,978,690 - 106,978,690Greenville - - -Greenwood 2,387,742 - 2,387,742Hampton 1,690,100 - 1,690,100Horry 400,530,000 - 400,530,000Jasper 41,542,227 - 41,542,227Kershaw 130,995,000 - 130,995,000Lancaster 29,260,000 - 29,260,000Laurens 41,685,000 1,405,000 43,090,000Lee 18,419,867 - 18,419,867Lexington 263,255,000 - 263,255,000Marion 4,541,000 - 4,541,000Marlboro 16,339,946 - 16,339,946Mccormick - 10,025,000 10,025,000Newberry 800,000 - 800,000Oconee 54,745,000 - 54,745,000Orangeburg 121,439,390 - 121,439,390Pickens 25,637,000 - 25,637,000Richland 712,655,000 - 712,655,000Saluda - 13,795,000 13,795,000Spartanburg 133,477,255 166,883,588 300,360,843Sumter 29,502,222 45,805,000 75,307,222Williamsburg 4,500,000 - 4,500,000York 338,005,000 - 338,005,000

4,419,090,468601,078,5883,818,011,880Total School District Debt


Summary of Special Purpose District Debt

Aiken 24,985,110 14,080,964 39,066,074Anderson 737,862 4,853,230 5,591,092Beaufort 9,443,556 60,570,091 70,013,647Berkeley - 210,370,549 210,370,549Charleston 7,590,114 - 7,590,114Cherokee - 12,875,000 12,875,000Chester 435,687 - 435,687Darlington 480,847 18,278,382 18,759,229Dorchester 380,000 - 380,000Edgefield 4,006,001 8,670,000 12,676,001Florence 1,516,799 - 1,516,799Georgetown 1,758,426 - 1,758,426Greenville 21,564,344 - 21,564,344Greenwood 10,600,000 25,038,884 35,638,884Horry 16,205,000 - 16,205,000Lancaster - 4,000,000 4,000,000Laurens 3,925,000 30,349,365 34,274,365Lexington 36,465,000 123,651,214 160,116,214Newberry - 31,191,846 31,191,846Oconee - 1,960,307 1,960,307Richland 33,081,114 - 33,081,114Spartanburg 53,621,505 147,339,905 200,961,410Union 2,277,773 6,460,000 8,737,773York 1,740,687 - 1,740,687

930,504,562699,689,737230,814,825Total Special Purpose District Debt

County Profiles

Abbeville

County Seat: AbbevilleBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa1

Debt Summary

Prior Year Current Year % ChangeDebt Type1,157,908 962,918 )(16.84General Obligation2,652,831 2,403,418 )(9.40Revenue

144.90

Total Debt Outstanding

Debt Per Capita0.6826,48026,300Population

127.13 )(12.26

3,810,739 3,366,336 )(11.66

Tax Summary

Current Year

Assessed Property Valuation%1.73General Obligation Debt to Assessd Value

Current Tax Collections %92

55,802,385

Major Sources of General Fund RevenueProperty Taxes 4,570,451 %54State Aid 2,475,252 %29Fees, Fines and Forfeitures 764,008 %9Other 631,973 %7Interest Income 62,938 %1Federal Aid 37,829 %0

Economic Profile

Current Year % Change Prior Year

%4.28576,026552,394Personal Income (in thousands)21,004Per Capita

Employment13,02011,8201,200

%9.2

12,36011,380

980%7.9

Labor ForceEmployedUnemployedUnemployment Rate

%)(5.07%)(3.72%)(18.33

Major Employment Sectors

21,753 %3.57

2,182 %52Manufacturing444 %11Retail Trade212 %5Construction185 %4Administrative, Support, Waste Mgt, Remediation126 %3Other Services102 %2Finance, Insurance97 %2Information68 %2Transportation, Warehousing48 %1Wholesale Trade

139 %3Others

Abbeville

Prior Year Current Year Change

Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt364,958City Of Abbeville 261,708 %)(28 7,586,458 7,449,574 %)(2 7,711,282 %)(3

285,973Town Of Calhoun Falls 231,449 %)(19 1,261,463 1,245,735 %)(1 1,477,184 %)(5

17,311Town Of Due West 11,034 %)(36 0 0 %0 11,034 %)(36

Town Of Lowndesville

Aiken

County Seat: AikenBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A1A

Debt Summary

Prior Year Current Year % ChangeDebt Type27,070,000 24,930,000 )(7.91General Obligation9,449,118 8,591,367 )(9.08Revenue

239.99



217.47 )(9.38

36,519,118 33,521,367 )(8.21

Tax Summary

Current Year



436,495,172

Major Sources of General Fund RevenueProperty Taxes 23,398,153 %50State Aid 9,183,108 %19Other 8,277,259 %18Fees, Fines and Forfeitures 5,187,549 %11Interest Income 1,126,945 %2Federal Aid 4,760 %0

Economic Profile


%2.664,264,2674,153,918Personal Income (in thousands)27,298Per Capita

Employment76,69071,2105,480

%7.1

77,47072,7804,690

%6.1


%1.02%2.20

%)(14.42


27,665 %1.34

10,931 %22Administrative, Support, Waste Mgt, Remediation7,180 %14Manufacturing6,960 %14Retail Trade4,873 %10Health Care, Social Assistance4,635 %9Construction4,332 %9Accommodation, Food2,843 %6Public Administration2,238 %4Professional, Scientific, Technical1,725 %3Finance, Insurance6,093 %12Others

Aiken


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0City Of Aiken 0 %0 7,455,465 6,768,613 %)(9 6,768,613 %)(9

905,948City Of North Augusta 5,541,031 %512 7,537,961 7,183,037 %)(5 12,724,068 %51

Town Of Burnettown

Town Of Monetta

0Town Of New Ellenton 0 %0 4,239,816 4,035,431 %)(5 4,035,431 %)(5

210,703Town Of Perry 207,203 %)(2 0 0 %0 207,203 %)(2

0Town Of Salley 0 %0 58,684 0 %)(100 0 %)(100

91,745Town Of Wagener 62,211 %)(32 70,784 66,751 %)(6 128,962 %)(21

Special Purpose District Debt0Aiken County Public Service Authority 0 %0 5,884,307 7,416,614 %26 7,416,614 %26

26,030,000Aiken County School District 24,675,000 %)(5 0 0 %0 24,675,000 %)(5

Bath Water & Sewer District

0Beech Island Rural Comm. Water District 0 %0 522,189 499,097 %)(4 499,097 %)(4

0Belvedere Fire District 0 %0 181,223 121,500 %)(33 121,500 %)(33

0Breezy Hill Water & Sewer Co 0 %0 3,586,388 3,459,245 %)(4 3,459,245 %)(4

Clearwater Water & Sewer District

0College Acres Public Works District 0 %0 51,018 28,103 %)(45 28,103 %)(45

310,110Langley Water, Sewer & Fire Protection 310,110 %0 0 0 %0 310,110 %0

0Mattie Hall Health Care Facility 0 %0 1,234,483 0 %)(100 0 %)(100

0Talatha Rural Community Water District 0 %0 688,449 704,356 %2 704,356 %2

0Valley Public Service Authority 0 %0 1,415,212 1,852,049 %31 1,852,049 %31

Warrenville Water & Sewer District

Allendale

County Seat: AllendaleBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary

Prior Year Current Year % ChangeDebt Type


Debt Per CapitaPopulation

Tax Summary

Current Year

Assessed Property ValuationGeneral Obligation Debt to Assessd ValueCurrent Tax Collections

Major Sources of General Fund Revenue

Economic Profile



Employment3,6703,230

440%12.0

3,5203,130

390%11.1


%)(4.09%)(3.10%)(11.36


18,704 %3.34

1,298 %44Manufacturing358 %12Construction253 %9Public Administration197 %7Retail Trade158 %5Agriculture, Forestry, Fishing, Hunting153 %5Wholesale Trade133 %4Health Care, Social Assistance106 %4Transportation, Warehousing85 %3Administrative, Support, Waste Mgt, Remediation26 %1Others

Allendale


Revenue


Total Debt

Current Year Change

General Obligation

Municipality DebtTown Of Sycamore

157,856Town Of Ulmer 153,268 %)(3 0 0 %0 153,268 %)(3

Anderson

County Seat: AndersonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Aa3AA

Debt Summary

Prior Year Current Year % ChangeDebt Type30,006,195 32,229,177 7.41General Obligation25,188,907 24,380,241 )(3.21Revenue

311.47



316.47 1.60

55,195,102 56,609,418 2.56

Tax Summary

Current Year



542,059,764

Major Sources of General Fund RevenueProperty Taxes 15,850,740 %51State Aid 7,652,533 %24Fees, Fines and Forfeitures 5,821,099 %19Other 917,719 %3Interest Income 829,281 %3Federal Aid 215,846 %1

Economic Profile



Employment84,22077,6406,580

%7.8

86,82081,5705,250

%6.1


%3.09%5.06

%)(20.21


26,422 %2.78

13,318 %23Manufacturing8,337 %14Retail Trade8,312 %14Health Care, Social Assistance6,559 %11Accommodation, Food4,169 %7Education3,403 %6Construction3,393 %6Administrative, Support, Waste Mgt, Remediation2,373 %4Public Administration1,589 %3Wholesale Trade7,122 %12Others

Anderson


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt10,687,745City Of Anderson 9,717,553 %)(9 72,323,259 82,587,898 %14 92,305,451 %11

177,969City Of Belton 384,534 %116 234,408 221,668 %)(5 606,202 %47

191,967Town Of Honea Path 234,162 %22 893,236 844,863 %)(5 1,079,025 %)(1

Town Of Pelzer

217,005Town Of Pendleton 128,712 %)(41 566,000 535,000 %)(5 663,712 %)(15

Town Of Starr

Town Of West Pelzer

0Town Of Williamston 0 %0 1,862,026 1,567,665 %)(16 1,567,665 %)(16

School District Debt27,909,024Anderson County School District #1 24,441,164 %)(12 0 0 %0 24,441,164 %)(12

27,607,224Anderson County School District #2 27,208,460 %)(1 0 0 %0 27,208,460 %)(1




Special Purpose District Debt3 & 20 Watershed

1,081,640Anderson County Fire Protection 737,862 %)(32 0 0 %0 737,862 %)(32

0Belton Honea Path Water 0 %0 3,127,241 3,019,110 %)(3 3,019,110 %)(3

Big Creek Watershed

Broadmouth Watershed

0Broadway Water 0 %0 679,119 633,649 %)(7 633,649 %)(7

Brushy Creek Watershed

0Starr Iva Water & Sewer 0 %0 1,294,470 1,200,471 %)(7 1,200,471 %)(7

Bamberg

County Seat: BambergBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary

Prior Year Current Year % ChangeDebt Type



Tax Summary

Current Year

Assessed Property ValuationGeneral Obligation Debt to Assessd ValueCurrent Tax Collections

Major Sources of General Fund Revenue

Economic Profile




730%10.1

6,6306,020

610%9.2


%)(8.04%)(7.10%)(16.44


21,066 %4.82

975 %26Retail Trade856 %23Manufacturing333 %9Public Administration213 %6Accommodation, Food146 %4Agriculture, Forestry, Fishing, Hunting124 %3Utilities102 %3Wholesale Trade89 %2Other Services83 %2Construction

101 %3Others

Bamberg


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt237,491City Of Bamberg 195,842 %)(18 293,131 254,279 %)(13 450,121 %)(15

246,522City Of Denmark 349,422 %42 140,788 118,962 %)(16 468,384 %21

11,791Town Of Ehrhardt 6,319 %)(46 77,947 72,956 %)(6 79,275 %)(12

Town Of Govan

Town Of Olar

Barnwell

County Seat: BarnwellBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary

Prior Year Current Year % ChangeDebt Type2,180,000 1,870,000 )(14.22General Obligation

92.61



78.77 )(14.94

2,180,000 1,870,000 )(14.22

Tax Summary

Current Year



49,660,605

Major Sources of General Fund RevenueProperty Taxes 4,387,904 %31State Aid 3,824,411 %27Other 2,765,138 %20Fees, Fines and Forfeitures 1,634,895 %12Federal Aid 1,413,677 %10Interest Income 29,397 %0

Economic Profile



Employment10,2309,1701,060

%10.3

9,2908,430

860%9.3


%)(9.19%)(8.07%)(18.87


20,021 %1.95

2,165 %33Manufacturing808 %12Retail Trade741 %11Education518 %8Public Administration414 %6Accommodation, Food314 %5Health Care, Social Assistance262 %4Construction170 %3Professional, Scientific, Technical140 %2Administrative, Support, Waste Mgt, Remediation455 %7Others

Barnwell


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt75,479City Of Barnwell 38,334 %)(49 3,036,461 2,897,897 %)(5 2,936,231 %)(6

98,819Town Of Blackville 67,288 %)(32 712,689 672,878 %)(6 740,166 %)(9

Town Of Snelling

0Town Of Williston 0 %0 1,011,455 841,733 %)(17 841,733 %)(17

School District Debt2,180,000Barnwell School District #19 1,870,000 %)(14 0 0 %0 1,870,000 %)(14

1,830,000Barnwell School District #29 2,126,000 %16 0 0 %0 2,126,000 %16

7,055,000Barnwell School District #45 6,170,000 %)(13 0 0 %0 6,170,000 %)(13

Beaufort

County Seat: BeaufortBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AA-Aa2AA

Debt Summary


1,351.11



1,432.04 5.99

190,019,419 205,482,779 8.14

Tax Summary

Current Year



1,586,137,424

Major Sources of General Fund RevenueProperty Taxes 55,794,135 %66Fees, Fines and Forfeitures 14,109,400 %17Other 6,670,689 %8State Aid 6,267,441 %7Interest Income 1,315,927 %2Federal Aid 0 %0

Economic Profile



Employment68,25065,0503,200

%4.7

60,85057,9402,910

%4.8


%)(10.84%)(10.93%)(9.06


37,814 %8.62

12,465 %22Accommodation, Food10,106 %17Retail Trade5,745 %10Construction5,556 %10Health Care, Social Assistance4,616 %8Administrative, Support, Waste Mgt, Remediation3,965 %7Other Services2,962 %5Real Estate, Rental, Leasing2,915 %5Public Administration2,588 %4Professional, Scientific, Technical8,780 %15Others

Beaufort


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt430,999City Of Beaufort 1,289,830 %199 0 22,199 %0 1,312,029 %204

475,599Town Of Bluffton 600,681 %26 0 14,000,000 %0 14,600,681 %2,970

80,235,000Town Of Hilton Head Island 75,415,000 %)(6 34,060,000 51,565,000 %51 126,980,000 %11

831,370Town Of Port Royal 785,638 %)(6 2,210,283 2,620,797 %19 3,406,435 %12

School District Debt221,340,000Beaufort County School District 272,825,090 %23 0 0 %0 272,825,090 %23

Special Purpose District Debt1,753,099Beaufort Fire District 1,440,000 %)(18 0 0 %0 1,440,000 %)(18

0Broad Creek Psd 0 %0 3,987,004 3,483,536 %)(13 3,483,536 %)(13

159,711Dafuskie Island Fire District 106,717 %)(33 0 0 %0 106,717 %)(33

5,716,000Fripp Island Psd 6,119,668 %7 5,499,008 5,499,008 %0 11,618,676 %4

275,000Hilton Head Psd #1 0 %)(100 47,749,420 47,067,547 %)(1 47,067,547 %)(2

2,473,266Ladys Island - St Helena Fire 1,201,461 %)(51 0 0 %0 1,201,461 %)(51

580,519Sheldon Fire 575,710 %)(1 0 0 %0 575,710 %)(1

0South Island Psd 0 %0 5,210,000 4,520,000 %)(13 4,520,000 %)(13

Berkeley

County Seat: Moncks CornerBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A1

Debt Summary

Prior Year Current Year % ChangeDebt Type29,860,217 38,142,717 27.74General Obligation



29,860,217 38,142,717 27.74

Tax Summary

Current Year



560,909,430

Major Sources of General Fund RevenueProperty Taxes 28,289,633 %59State Aid 7,864,859 %16Fees, Fines and Forfeitures 7,742,020 %16Other 3,492,405 %7Interest Income 443,449 %1Federal Aid 277,817 %1

Economic Profile



Employment75,95071,4604,490

%5.9

77,96074,1503,810

%4.9


%2.65%3.76

%)(15.14


25,913 %5.95

6,119 %22Manufacturing5,479 %20Retail Trade3,480 %13Construction2,728 %10Accommodation, Food2,002 %7Professional, Scientific, Technical1,645 %6Health Care, Social Assistance1,597 %6Transportation, Warehousing1,285 %5Utilities1,256 %5Other Services4,514 %16Others

Berkeley


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt348,458City Of Goose Creek 649,138 %86 9,327,953 8,141,740 %)(13 8,790,878 %)(9

1,492,829City Of Hanahan 2,253,365 %51 0 0 %0 2,253,365 %51

685,919Town Of Moncks Corner 1,033,754 %51 0 0 %0 1,033,754 %51

92,168Town Of St. Stephen 0 %)(100 0 0 %0 0 %)(100

School District Debt174,277,647Berkeley County School District 164,642,647 %)(6 206,720,000 296,280,000 %43 460,922,647 %21

Special Purpose District Debt0Berkeley County Water And Sanitation Authority 0 %0 218,739,812 210,370,549 %)(4 210,370,549 %)(4

Goose Creek Parks & Recreation

Calhoun

County Seat: St. MatthewsBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary

Prior Year Current Year % ChangeDebt Type608,875 445,264 )(26.87General Obligation

1,391,467 1,273,867 )(8.45Revenue

131.00



111.49 )(14.89

2,000,342 1,719,131 )(14.06

Tax Summary

Current Year



75,740,339

Major Sources of General Fund RevenueProperty Taxes 6,308,038 %65Fees, Fines and Forfeitures 1,536,541 %16State Aid 785,536 %8Other 738,365 %8Interest Income 360,065 %4Federal Aid 0 %0

Economic Profile




510%6.9

7,5007,050

450%6.0


%1.35%2.32

%)(11.76


27,764 %3.58

1,435 %40Manufacturing557 %16Construction361 %10Education256 %7Public Administration229 %6Retail Trade186 %5Wholesale Trade103 %3Agriculture, Forestry, Fishing, Hunting88 %2Administrative, Support, Waste Mgt, Remediation84 %2Accommodation, Food

211 %6Others

Calhoun


Revenue


Total Debt

Current Year Change

General Obligation

Municipality DebtTown Of Cameron

School District Debt1,000,000Calhoun County School District 250,000 %)(75 0 0 %0 250,000 %)(75

Charleston

County Seat: CharlestonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AAAa1

AAA

Debt Summary


871.02



824.54 )(5.34

289,292,500 275,306,250 )(4.83

Tax Summary

Current Year



2,662,272,378

Major Sources of General Fund RevenueFees, Fines and Forfeitures 98,874,492 %34Property Taxes 95,133,959 %33Other 41,250,275 %14Federal Aid 28,385,500 %10State Aid 18,208,600 %6Interest Income 4,968,038 %2

Economic Profile



Employment177,570167,10010,470

%5.9

181,150173,000

8,150%4.5


%2.02%3.53

%)(22.16


33,707 %6.56

27,306 %15Retail Trade27,042 %15Accommodation, Food21,849 %12Health Care, Social Assistance19,084 %11Administrative, Support, Waste Mgt, Remediation13,525 %8Construction13,459 %7Public Administration12,935 %7Professional, Scientific, Technical11,653 %6Manufacturing9,037 %5Transportation, Warehousing

33,878 %19Others

Charleston


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt53,739,483City Of Charleston 55,887,035 %4 29,435,032 26,455,638 %)(10 82,342,673 %)(1

3,088,924City Of Folly Beach 2,869,152 %)(7 741,000 684,000 %)(8 3,553,152 %)(7

7,086,922City Of Isle Of Palms 10,260,045 %45 0 0 %0 10,260,045 %45

108,588,587City Of North Charleston 111,356,142 %3 11,489,144 10,906,318 %)(5 122,262,460 %2

830,100Town Of Hollywood 815,497 %)(2 0 0 %0 815,497 %)(2

Town Of Kiawah Island

Town Of Lincolnville

194,787Town Of Mcclellanville 184,732 %)(5 0 0 %0 184,732 %)(5

Town Of Meggett

30,444,411Town Of Mount Pleasant 42,667,579 %40 22,033,500 20,225,650 %)(8 62,893,229 %20

Town Of Ravenel

Town Of Rockville

8,739,953Town Of Seabrook Island 8,570,052 %)(2 0 0 %0 8,570,052 %)(2

2,204,738Town Of Sullivan's Island 2,096,123 %)(5 900,496 846,544 %)(6 2,942,667 %)(5

School District Debt240,694,887Charleston County School District 366,882,047 %52 0 0 %0 366,882,047 %52

Special Purpose District Debt1,420,062James Island Public Service District 1,445,808 %2 0 0 %0 1,445,808 %2

830,000St. Andrews Public Service District 680,000 %)(18 0 0 %0 680,000 %)(18

3,480,301St. Johns Fire District 5,464,306 %57 0 0 %0 5,464,306 %57

Cherokee

County Seat: GaffneyBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3

Debt Summary


114.76



95.24 )(17.01

6,250,000 5,245,000 )(16.08

Tax Summary

Current Year



146,632,042

Major Sources of General Fund RevenueProperty Taxes 9,277,378 %53Other 3,265,550 %19State Aid 3,151,041 %18Fees, Fines and Forfeitures 1,381,832 %8Interest Income 444,770 %3Federal Aid 0 %0

Economic Profile



Employment26,16024,1002,060

%7.9

25,27023,3901,880

%7.4


%)(3.40%)(2.95%)(8.74


22,054 %)(0.78

6,349 %41Manufacturing2,232 %14Retail Trade1,734 %11Accommodation, Food1,347 %9Transportation, Warehousing1,332 %9Construction

664 %4Administrative, Support, Waste Mgt, Remediation518 %3Public Administration512 %3Wholesale Trade293 %2Other Services895 %6Others

Cherokee


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt2,432,921City Of Gaffney 2,090,200 %)(14 0 0 %0 2,090,200 %)(14

108,192Town Of Blacksburg 67,891 %)(37 2,307,070 2,189,396 %)(5 2,257,287 %)(7

School District Debt40,917,700Cherokee County School District # 1 36,600,244 %)(11 43,270,000 43,270,000 %0 79,870,244 %)(5

Special Purpose District Debt0Board Of Public Works 0 %0 13,545,000 12,875,000 %)(5 12,875,000 %)(5

Chester

County Seat: ChesterBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3

Debt Summary


115.67



95.32 )(17.59

3,863,500 3,200,000 )(17.17

Tax Summary

Current Year



96,144,570

Major Sources of General Fund RevenueProperty Taxes 9,625,358 %58State Aid 4,466,861 %27Other 996,549 %6Fees, Fines and Forfeitures 847,976 %5Interest Income 440,685 %3Federal Aid 89,604 %1

Economic Profile



Employment17,21015,3201,890

%11.0

16,72014,9501,770

%10.6


%)(2.85%)(2.42%)(6.35


24,461 %3.95

3,264 %40Manufacturing881 %11Retail Trade713 %9Accommodation, Food701 %9Health Care, Social Assistance682 %8Construction519 %6Wholesale Trade452 %6Public Administration329 %4Administrative, Support, Waste Mgt, Remediation183 %2Finance, Insurance567 %7Others

Chester


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0City Of Chester 72,301 %0 0 0 %0 72,301 %0

23,027Town Of Fort Lawn 12,853 %)(44 201,042 193,366 %)(4 206,219 %)(8

Town Of Great Falls

Town Of Richburg

School District Debt25,745,000Chester County School District 23,220,000 %)(10 0 0 %0 23,220,000 %)(10

Special Purpose District Debt469,833Lando Fire District 435,687 %)(7 0 0 %0 435,687 %)(7

Chesterfield

County Seat: ChesterfieldBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


104.30



92.33 )(11.47

4,554,691 4,054,427 )(10.98

Tax Summary

Current Year



105,072,231

Major Sources of General Fund RevenueProperty Taxes 7,057,479 %55State Aid 2,944,763 %23Fees, Fines and Forfeitures 2,098,699 %16Federal Aid 305,950 %2Other 300,073 %2Interest Income 63,677 %0

Economic Profile



Employment19,46017,4102,050

%10.6

18,58017,0401,540

%8.3


%)(4.52%)(2.13%)(24.88


21,921 %2.07

5,172 %45Manufacturing1,384 %12Retail Trade1,188 %10Transportation, Warehousing1,093 %10Education1,046 %9Accommodation, Food

456 %4Public Administration449 %4Wholesale Trade443 %4Construction341 %3Agriculture, Forestry, Fishing, Hunting

1,161 %10Others

Chesterfield


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt660,542Town Of Cheraw 611,795 %)(7 1,038,877 808,689 %)(22 1,420,484 %)(16

356,992Town Of Chesterfield 592,380 %66 1,032,426 976,265 %)(5 1,568,645 %13

Town Of Jefferson

0Town Of Mcbee 0 %0 1,474,481 1,502,787 %2 1,502,787 %2

Town Of Mt. Croghan

0Town Of Pageland 639,594 %0 1,954,432 1,891,302 %)(3 2,530,896 %29

0Town Of Patrick 0 %0 14,058 0 %)(100 0 %)(100

Town Of Ruby

School District Debt67,971,380Chesterfield County School District 61,460,569 %)(10 0 23,615,000 %0 85,075,569 %25

Clarendon

County Seat: ManningBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa1BBB+

Debt Summary




3,400,000 3,140,000 )(7.65

Tax Summary

Current Year



80,365,000

Major Sources of General Fund RevenueProperty Taxes 11,013,566 %58State Aid 4,664,562 %25Fees, Fines and Forfeitures 2,653,933 %14Federal Aid 365,972 %2Interest Income 162,650 %1Other 152,029 %1

Economic Profile



Employment13,69012,4101,280

%9.3

12,97011,8501,120

%8.7


%)(5.26%)(4.51%)(12.50


20,775 %2.11

1,194 %18Retail Trade969 %15Manufacturing856 %13Accommodation, Food811 %12Public Administration717 %11Education664 %10Health Care, Social Assistance404 %6Construction244 %4Administrative, Support, Waste Mgt, Remediation224 %3Other Services524 %8Others

Clarendon


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt3,083,677City Of Manning 2,990,454 %)(3 0 0 %0 2,990,454 %)(3

806,621Town Of Summerton 701,166 %)(13 0 0 %0 701,166 %)(13

1,294,843Town Of Turbeville 1,216,502 %)(6 0 0 %0 1,216,502 %)(6

School District Debt7,322,626Clarendon School District #1 6,572,626 %)(10 0 0 %0 6,572,626 %)(10

10,200,000Clarendon School District #2 10,175,000 %0 0 0 %0 10,175,000 %0

4,425,000Clarendon School District #3 4,155,000 %)(6 0 0 %0 4,155,000 %)(6

Special Purpose District DebtClarendon County Fire Department

Colleton

County Seat: WalterboroBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3A

Debt Summary


482.82



414.75 )(14.10

19,288,515 16,705,940 )(13.39

Tax Summary

Current Year



159,074,765

Major Sources of General Fund RevenueProperty Taxes 16,853,973 %81State Aid 2,229,050 %11Fees, Fines and Forfeitures 1,406,107 %7Interest Income 243,217 %1Other 160,517 %1Federal Aid 0 %0

Economic Profile



Employment17,55016,2701,280

%7.3

16,73015,6201,110

%6.6


%)(4.67%)(4.00%)(13.28


22,284 %4.04

1,700 %21Retail Trade1,417 %17Manufacturing1,339 %16Accommodation, Food1,184 %14Health Care, Social Assistance

617 %8Construction300 %4Administrative, Support, Waste Mgt, Remediation297 %4Finance, Insurance282 %3Agriculture, Forestry, Fishing, Hunting280 %3Wholesale Trade

1,282 %16Others

Colleton


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt898,332City Of Walterboro 844,405 %)(6 6,839,948 6,408,182 %)(6 7,252,587 %)(6

194,000Town Of Edisto Beach 2,877,065 %1,383 1,285,000 1,285,000 %0 4,162,065 %181

Town Of Lodge

Town Of Smoaks

Town Of Williams

School District Debt8,437,182Colleton County School District 107,827,085 %1,178 0 0 %0 107,827,085 %1,178

Darlington

County Seat: DarlingtonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3A-

Debt Summary


821,357 793,683 )(3.37Revenue

82.83



74.07 )(10.58

5,599,249 5,027,087 )(10.22

Tax Summary

Current Year



212,169,867

Major Sources of General Fund RevenueProperty Taxes 14,097,858 %40Fees, Fines and Forfeitures 10,173,215 %29State Aid 6,731,304 %19Other 3,530,454 %10Interest Income 764,699 %2Federal Aid 130,399 %0

Economic Profile



Employment32,48029,7502,730

%8.4

32,25030,0902,160

%6.7


%)(0.71%1.14

%)(20.88


25,555 %4.08

5,291 %35Manufacturing2,223 %15Retail Trade1,659 %11Administrative, Support, Waste Mgt, Remediation1,195 %8Accommodation, Food1,093 %7Construction

828 %6Wholesale Trade774 %5Public Administration553 %4Finance, Insurance401 %3Other Services

1,133 %8Others

Darlington


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt400,768City Of Darlington 316,904 %)(21 1,196,015 1,160,204 %)(3 1,477,108 %)(7

764,431City Of Hartsville 1,108,961 %45 9,167,821 13,687,948 %49 14,796,909 %49

Town Of Lamar

36,192Town Of Society Hill 22,762 %)(37 0 0 %0 22,762 %)(37

School District Debt57,681,217Darlington County School District 53,259,551 %)(8 0 0 %0 53,259,551 %)(8

Special Purpose District DebtDarlington County Fire Protection District

0Darlington County Water & Sewer Authority 0 %0 17,053,000 18,278,382 %7 18,278,382 %7

Hartsville Community Center Building C i i 340,305Palmetto Rural Fire District 480,847 %41 0 0 %0 480,847 %41

Dillon

County Seat: DillonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


976,279 678,818 )(30.47Revenue

177.52



109.16 )(38.51

5,501,279 3,383,818 )(38.49

Tax Summary

Current Year



68,062,186

Major Sources of General Fund RevenueState Aid 8,296,459 %35Property Taxes 6,376,220 %27Fees, Fines and Forfeitures 4,495,667 %19Other 2,758,421 %12Federal Aid 1,685,165 %7Interest Income 81,729 %0

Economic Profile



Employment14,78013,3401,440

%9.7

13,32012,1301,190

%9.0


%)(9.88%)(9.07%)(17.36


20,750 %1.51

2,793 %34Manufacturing1,913 %23Retail Trade

484 %6Wholesale Trade467 %6Public Administration187 %2Finance, Insurance159 %2Agriculture, Forestry, Fishing, Hunting127 %2Other Services121 %1Administrative, Support, Waste Mgt, Remediation109 %1Construction144 %2Others

Dillon


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt3,774,679City Of Dillon 3,556,233 %)(6 8,882,468 8,047,498 %)(9 11,603,731 %)(8

0Town Of Lake View 0 %0 107,614 863,828 %703 863,828 %703

0Town Of Latta 3,656 %0 515,534 464,970 %)(10 468,626 %)(9

School District Debt25,000Dillon County School District 1 0 %)(100 0 0 %0 0 %)(100

490,124Dillon County School District 2 330,156 %)(33 0 0 %0 330,156 %)(33

665,202Dillon County School District 3 522,023 %)(22 0 0 %0 522,023 %)(22

Dorchester

County Seat: St. GeorgeBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A1A+

Debt Summary


133,105,000 128,275,501 )(3.63Revenue

1,380.68



1,302.84 )(5.64

158,336,501 151,859,124 )(4.09

Tax Summary

Current Year



409,096,261


Economic Profile



Employment57,49054,4003,090

%5.4

61,55058,7602,790

%4.5


%7.06%8.01

%)(9.71


25,358 %6.87

4,730 %19Retail Trade4,658 %19Manufacturing3,332 %14Accommodation, Food2,911 %12Construction2,340 %10Health Care, Social Assistance1,432 %6Administrative, Support, Waste Mgt, Remediation1,175 %5Public Administration1,079 %4Other Services1,035 %4Transportation, Warehousing2,316 %9Others

Dorchester


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0Town Of Harleyville 0 %0 278,269 266,079 %)(4 266,079 %)(4

54,917Town Of Reevesville 50,458 %)(8 0 0 %0 50,458 %)(8

Town Of Ridgeville

452,812Town Of Summerville 5,052,028 %1,016 0 0 %0 5,052,028 %1,016

School District Debt40,770,000Dorchester County School District 2 36,340,000 %)(11 0 0 %0 36,340,000 %)(11

16,370,000Dorchester School County District 4 12,630,000 %)(23 0 0 %0 12,630,000 %)(23

Special Purpose District Debt410,000Dorchester Special Fire 380,000 %)(7 0 0 %0 380,000 %)(7

Edgefield

County Seat: EdgefieldBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


126.20



113.45 )(10.10

3,269,856 2,981,415 )(8.82

Tax Summary

Current Year



69,389,115

Major Sources of General Fund RevenueProperty Taxes 6,616,963 %49State Aid 2,976,668 %22Other 2,447,317 %18Fees, Fines and Forfeitures 825,005 %6Interest Income 400,967 %3Federal Aid 130,219 %1

Economic Profile




990%8.8

11,54010,790

750%6.5


%1.85%4.35

%)(24.24


22,331 %6.88

1,344 %29Manufacturing774 %17Agriculture, Forestry, Fishing, Hunting451 %10Retail Trade386 %8Public Administration352 %8Accommodation, Food328 %7Administrative, Support, Waste Mgt, Remediation299 %7Construction231 %5Other Services135 %3Arts, Entertainment, Recreation355 %8Others

Edgefield


Revenue


Total Debt

Current Year Change

General Obligation

Municipality DebtTown Of Edgefield

64,292Town Of Johnson 49,592 %)(23 0 0 %0 49,592 %)(23

Town Of Trenton

School District Debt16,295,000Edgefield County School District 60 15,275,000 %)(6 0 0 %0 15,275,000 %)(6

Special Purpose District Debt2,575,123Edgefield County Hospital 3,958,252 %54 0 0 %0 3,958,252 %54

55,582Edgefield County Mill Creek Special Purpose 47,749 %)(14 0 0 %0 47,749 %)(14

0Edgefield County Water & Sewer 0 %0 8,905,000 8,670,000 %)(3 8,670,000 %)(3

Fairfield

County Seat: WinnsboroBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa1A-

Debt Summary


84.71



68.79 )(18.80

2,050,000 1,675,000 )(18.29

Tax Summary

Current Year



128,083,558

Major Sources of General Fund RevenueProperty Taxes 11,986,173 %81State Aid 1,031,137 %7Other 746,235 %5Fees, Fines and Forfeitures 535,127 %4Interest Income 510,471 %3Federal Aid 0 %0

Economic Profile



Employment11,93010,8401,090

%9.1

12,27011,1901,080

%8.8


%2.85%3.23

%)(0.92


23,429 %4.26

662 %21Retail Trade658 %21Manufacturing477 %15Wholesale Trade263 %8Construction249 %8Accommodation, Food230 %7Public Administration181 %6Administrative, Support, Waste Mgt, Remediation105 %3Other Services62 %2Arts, Entertainment, Recreation

103 %3Others

Fairfield


Revenue


Total Debt

Current Year Change

General Obligation

Municipality DebtTown Of Ridgeway

0Town Of Winnsboro 0 %0 8,010,000 7,265,000 %)(9 7,265,000 %)(9

School District Debt800,000Fairfield County School District 2,011,213 %151 0 0 %0 2,011,213 %151

Florence

County Seat: FlorenceBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AA-A1

Debt Summary


78.41



130.05 65.85

10,352,027 17,284,450 66.97

Tax Summary

Current Year



413,524,232

Major Sources of General Fund RevenueProperty Taxes 27,749,201 %56Other 9,273,264 %19State Aid 7,111,935 %14Fees, Fines and Forfeitures 3,793,717 %8Interest Income 1,038,084 %2Federal Aid 178,947 %0

Economic Profile



Employment64,58059,1205,460

%8.5

64,62060,6503,970

%6.1


%0.06%2.59

%)(27.29


27,918 %3.88

8,529 %16Retail Trade8,232 %16Manufacturing7,881 %15Health Care, Social Assistance5,774 %11Accommodation, Food3,293 %6Public Administration3,166 %6Administrative, Support, Waste Mgt, Remediation3,126 %6Construction3,020 %6Finance, Insurance2,430 %5Wholesale Trade8,437 %16Others

Florence


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt4,274,126City Of Florence 3,769,075 %)(12 68,781,139 64,118,107 %)(7 67,887,182 %)(7

120,891City Of Johnsonville 494,043 %309 810,694 634,621 %)(22 1,128,664 %21

271,850City Of Lake City 134,446 %)(51 5,920,729 5,722,587 %)(3 5,857,033 %)(5

0Town Of Coward 0 %0 661,395 650,272 %)(2 650,272 %)(2

7,773Town Of Pamplico 48,860 %529 25,362 309,908 %1,122 358,768 %983

0Town Of Scranton 0 %0 124,758 117,347 %)(6 117,347 %)(6

354,778Town Of Timmonsville 354,778 %0 3,122,325 3,122,325 %0 3,477,103 %0

School District Debt5,627,000Florence County School District 1 3,277,000 %)(42 0 0 %0 3,277,000 %)(42

6,360,000Florence County School District 2 5,870,000 %)(8 0 0 %0 5,870,000 %)(8

2,295,000Florence County School District 3 3,000,000 %31 0 0 %0 3,000,000 %31



Special Purpose District Debt526,000Hanna - Salem Friendfield Fire District 467,000 %)(11 0 0 %0 467,000 %)(11

789,917Howe Springs Fire District 704,799 %)(11 0 0 %0 704,799 %)(11

375,000Johnsonville Fire District 345,000 %)(8 0 0 %0 345,000 %)(8

Georgetown

County Seat: GeorgetownBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A1

Debt Summary


319.80



282.19 )(11.76

19,735,000 17,620,000 )(10.72

Tax Summary

Current Year



533,348,823

Major Sources of General Fund RevenueProperty Taxes 10,798,259 %38Fees, Fines and Forfeitures 5,458,225 %19State Aid 4,573,214 %16Other 3,858,704 %14Interest Income 1,967,228 %7Federal Aid 1,774,826 %6

Economic Profile



Employment31,40029,2302,170

%6.9

29,10027,2701,830

%6.3


%)(7.32%)(6.71%)(15.67


29,315 %7.55

3,797 %19Accommodation, Food3,212 %16Retail Trade2,179 %11Manufacturing2,031 %10Construction2,028 %10Health Care, Social Assistance1,303 %6Public Administration1,137 %6Administrative, Support, Waste Mgt, Remediation

812 %4Arts, Entertainment, Recreation775 %4Real Estate, Rental, Leasing

2,199 %11Others

Georgetown


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt975,996City Of Georgetown 692,348 %)(29 8,931,947 8,672,530 %)(3 9,364,878 %)(5

697,910Town Of Andrews 551,320 %)(21 7,000,806 6,617,926 %)(5 7,169,246 %)(7

Town Of Pawleys Island

School District Debt96,088,048Georgetown County School District 106,978,690 %11 0 0 %0 106,978,690 %11

Special Purpose District DebtGeorgetown County Water & Sewer District

1,951,026Murrells Inlet Garden City Fire Department 1,758,426 %)(10 0 0 %0 1,758,426 %)(10

Greenville

County Seat: GreenvilleBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AAAAaa

Debt Summary


213.48



201.10 )(5.80

88,010,000 83,880,000 )(4.69

Tax Summary

Current Year



1,645,341,000

Major Sources of General Fund RevenueProperty Taxes 61,519,958 %54Fees, Fines and Forfeitures 24,092,143 %21State Aid 21,340,322 %19Other 3,470,685 %3Interest Income 2,930,573 %3Federal Aid 0 %0

Economic Profile



Employment214,460202,53011,930

%5.6

223,930213,10010,830

%4.8


%4.42%5.22

%)(9.22


31,002 %3.43

31,608 %15Retail Trade30,544 %15Manufacturing26,934 %13Administrative, Support, Waste Mgt, Remediation20,757 %10Accommodation, Food17,148 %8Health Care, Social Assistance13,795 %7Construction12,477 %6Professional, Scientific, Technical11,435 %5Wholesale Trade10,111 %5Transportation, Warehousing43,377 %21Others

Greenville


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt275,000City Of Fountain Inn 2,375,000 %764 0 0 %0 2,375,000 %764

10,670,000City Of Greenville 15,550,000 %46 101,530,639 98,886,330 %)(3 114,436,330 %2

9,608,440City Of Greer 10,790,192 %12 63,030,627 67,531,461 %7 78,321,653 %8

2,885,487City Of Mauldin 2,574,148 %)(11 0 750,000 %0 3,324,148 %15

4,142,122City Of Simpsonville 3,904,847 %)(6 9,130,000 10,665,000 %17 14,569,847 %10

655,477City Of Travelers Rest 571,306 %)(13 0 0 %0 571,306 %)(13

School District Debt0Greenville County School District 0 %0 0 0 %0 0 %0

Special Purpose District Debt2,355,000Berea Public Service District 2,180,000 %)(7 0 0 %0 2,180,000 %)(7

480,406Boiling Springs Fire District 440,957 %)(8 0 0 %0 440,957 %)(8

1,150,000Clear Springs Fire District 1,100,000 %)(4 0 0 %0 1,100,000 %)(4

1,926,279Gantt District 1,838,327 %)(5 0 0 %0 1,838,327 %)(5

2,020,000Glassy Mountain Fire Service District 1,915,000 %)(5 0 0 %0 1,915,000 %)(5

9,620,000Greenville Arena District (aka Memorial A di i

9,150,000 %)(5 0 0 %0 9,150,000 %)(5

2,137,535Greenville County Recreation District 2,000,128 %)(6 0 0 %0 2,000,128 %)(6

55,000Mauldin Fire Service District 0 %)(100 0 0 %0 0 %)(100

621,550Pelham - Batesville Fire District 529,525 %)(15 0 0 %0 529,525 %)(15

1,760,000South Greenville Fire District 1,522,000 %)(14 0 0 %0 1,522,000 %)(14

1,004,278Taylors Fire & Sewer District 888,407 %)(12 0 0 %0 888,407 %)(12

10,000Upper Paris Mountain 0 %)(100 0 0 %0 0 %)(100

Greenwood

County Seat: GreenwoodBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A2

Debt Summary




7,516,772 13,626,257 81.28

Tax Summary

Current Year



243,012,783

Major Sources of General Fund RevenueProperty Taxes 11,815,910 %51Other 4,913,317 %21State Aid 3,969,783 %17Fees, Fines and Forfeitures 1,975,978 %9Federal Aid 288,355 %1Interest Income 33,722 %0

Economic Profile



Employment34,40031,4202,980

%8.7

32,56030,2902,270

%7.0


%)(5.35%)(3.60%)(23.83


25,046 %1.80

6,946 %25Manufacturing4,950 %18Health Care, Social Assistance3,352 %12Retail Trade2,236 %8Accommodation, Food2,104 %8Administrative, Support, Waste Mgt, Remediation1,845 %7Education1,578 %6Construction1,303 %5Public Administration

709 %3Other Services2,775 %10Others

Greenwood


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt469,744City Of Greenwood 255,742 %)(46 28,970,000 25,775,000 %)(11 26,030,742 %)(12

Town Of Hodges

50,000Town Of Ninety Six 196,870 %294 0 0 %0 196,870 %294

117,225Town Of Troy 337,428 %188 0 0 %0 337,428 %188

180,434Town Of Ware Shoals 146,676 %)(19 226,407 169,889 %)(25 316,565 %)(22

School District Debt0Greenwood School District 50 0 %0 0 0 %0 0 %0

1,251,339Greenwood School District 51 1,132,742 %)(9 0 0 %0 1,132,742 %)(9

1,630,000Greenwood School District 52 1,255,000 %)(23 0 0 %0 1,255,000 %)(23

Special Purpose District Debt11,265,000Greenwood Metropolitan Sewer District 10,600,000 %)(6 11,631,006 25,038,884 %115 35,638,884 %56

Hampton

County Seat: HamptonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary

Prior Year Current Year % ChangeDebt Type407,280 1,125,880 176.44General Obligation

18.93



51.93 174.27

407,280 1,125,880 176.44

Tax Summary

Current Year



43,547,694

Major Sources of General Fund RevenueProperty Taxes 8,159,010 %71Fees, Fines and Forfeitures 1,375,490 %12State Aid 1,312,290 %11Other 662,740 %6Interest Income 11,000 %0Federal Aid 0 %0

Economic Profile




690%8.1

7,8407,310

530%6.7


%)(7.33%)(5.92%)(23.19


21,042 %1.54

855 %19Manufacturing855 %19Public Administration685 %15Retail Trade457 %10Accommodation, Food429 %9Construction369 %8Health Care, Social Assistance269 %6Agriculture, Forestry, Fishing, Hunting169 %4Other Services133 %3Professional, Scientific, Technical428 %9Others

Hampton


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt439,403Town Of Brunson 419,587 %)(5 7,771 5,317 %)(32 424,904 %)(5

239,289Town Of Estill 239,289 %0 2,432,398 2,432,398 %0 2,671,687 %0

Town Of Furman

617,566Town Of Hampton 491,828 %)(20 2,959,787 2,877,634 %)(3 3,369,462 %)(6

Town Of Luray

Town Of Scotia

689,603Town Of Varnville 466,194 %)(32 149,421 121,965 %)(18 588,159 %)(30

190,510Town Of Yemassee 164,011 %)(14 0 0 %0 164,011 %)(14

School District Debt485,000Hampton County School District #1 810,100 %67 0 0 %0 810,100 %67

925,000Hampton County School District #2 880,000 %)(5 0 0 %0 880,000 %)(5

Horry

County Seat: ConwayBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AA-Aa3AA-

Debt Summary


434,315,822 412,075,123 )(5.12RevenueTotal Debt Outstanding


489,880,822 475,990,123 )(2.84

Tax Summary

Current Year



1,612,683,000

Major Sources of General Fund RevenueProperty Taxes 59,538,433 %53Other 21,727,910 %19Fees, Fines and Forfeitures 14,769,563 %13State Aid 12,676,195 %11Interest Income 2,129,560 %2Federal Aid 621,327 %1

Economic Profile




6,160%4.7

140,990135,150

5,840%4.1


%6.73%7.31

%)(5.19


25,742 %4.81

32,653 %29Accommodation, Food20,351 %18Retail Trade11,812 %11Construction8,607 %8Health Care, Social Assistance6,610 %6Administrative, Support, Waste Mgt, Remediation5,877 %5Arts, Entertainment, Recreation5,748 %5Real Estate, Rental, Leasing4,438 %4Public Administration4,397 %4Manufacturing

16,557 %15Others

Horry


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt412,735City Of Loris 357,975 %)(13 2,053,351 1,926,960 %)(6 2,284,935 %)(7

128,718,903City Of Myrtle Beach 164,506,500 %28 33,540,000 32,545,000 %)(3 197,051,500 %21

5,229,000City Of North Myrtle Beach 4,198,287 %)(20 27,792,842 25,670,035 %)(8 29,868,322 %)(10

Town Of Aynor

Town Of Briarcliffe Acres

2,370,000Town Of Conway 2,122,598 %)(10 6,497,404 5,809,223 %)(11 7,931,821 %)(11

2,555,000Town Of Surfside Beach 2,235,000 %)(13 0 0 %0 2,235,000 %)(13

School District Debt290,640,000Horry County School District 400,530,000 %38 0 0 %0 400,530,000 %38

Special Purpose District Debt17,355,000Horry County Fire Protectiom 16,205,000 %)(7 0 0 %0 16,205,000 %)(7

Jasper

County Seat: RidgelandBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


216.16



172.49 )(20.20

4,703,549 3,810,332 )(18.99

Tax Summary

Current Year



117,132,072

Major Sources of General Fund RevenueProperty Taxes 15,988,468 %77Fees, Fines and Forfeitures 2,827,758 %14State Aid 1,234,024 %6Interest Income 346,832 %2Other 161,288 %1Federal Aid 109,926 %1

Economic Profile




540%4.8

9,9909,490

500%5.0


%)(11.20%)(11.39%)(7.41


22,965 %7.60

1,874 %32Construction1,133 %20Health Care, Social Assistance

837 %14Public Administration789 %14Retail Trade618 %11Manufacturing530 %9Accommodation, Food400 %7Administrative, Support, Waste Mgt, Remediation263 %5Transportation, Warehousing180 %3Other Services531 %9Others

Jasper


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt2,710,165City Of Hardeeville 2,056,268 %)(24 3,158,722 2,983,209 %)(6 5,039,477 %)(14

860,711Town Of Ridgeland 721,141 %)(16 84,258 331,500 %293 1,052,641 %11

School District Debt27,615,123Jasper County School District 41,542,227 %50 0 0 %0 41,542,227 %50

Kershaw

County Seat: CamdenBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A2

Debt Summary




16,460,511 15,601,590 )(5.22

Tax Summary

Current Year



200,113,180

Major Sources of General Fund RevenueProperty Taxes 49,246,565 %80Fees, Fines and Forfeitures 5,660,399 %9State Aid 3,232,033 %5Other 1,856,250 %3Federal Aid 1,044,258 %2Interest Income 727,884 %1

Economic Profile



Employment29,62027,5702,050

%6.9

30,74029,0701,670

%5.4


%3.78%5.44

%)(18.54


27,801 %5.60

4,015 %27Manufacturing2,803 %19Retail Trade1,603 %11Construction1,293 %9Accommodation, Food1,255 %9Health Care, Social Assistance

828 %6Transportation, Warehousing712 %5Public Administration434 %3Agriculture, Forestry, Fishing, Hunting418 %3Finance, Insurance

2,261 %15Others

Kershaw


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt319,313City Of Camden 1,119,062 %250 28,154,952 26,624,528 %)(5 27,743,590 %)(3

8,298Town Of Bethune 0 %)(100 0 0 %0 0 %)(100

School District Debt32,330,000Kershaw County School Distrct 130,995,000 %305 0 0 %0 130,995,000 %305

Lancaster

County Seat: LancasterBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A2A

Debt Summary


625.35



570.67 )(8.75

39,778,782 36,534,026 )(8.16

Tax Summary

Current Year



230,074,192

Major Sources of General Fund RevenueProperty Taxes 17,990,908 %55State Aid 5,432,435 %17Other 4,831,439 %15Interest Income 1,964,141 %6Federal Aid 1,710,634 %5Fees, Fines and Forfeitures 947,022 %3

Economic Profile



Employment31,71028,6803,030

%9.6

31,38028,6302,750

%8.8


%)(1.04%)(0.17%)(9.24


23,207 %2.85

3,349 %24Manufacturing2,258 %16Retail Trade1,875 %13Health Care, Social Assistance1,088 %8Accommodation, Food1,079 %8Finance, Insurance

923 %7Construction866 %6Public Administration660 %5Administrative, Support, Waste Mgt, Remediation299 %2Wholesale Trade905 %6Others

Lancaster


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt2,178,488City Of Lancaster 1,829,384 %)(16 10,088,897 9,323,260 %)(8 11,152,645 %)(9

Town Of Heath Springs

0Town Of Kershaw 0 %0 273,704 233,337 %)(15 233,337 %)(15

School District Debt31,235,000Lancaster County School District 29,260,000 %)(6 0 0 %0 29,260,000 %)(6

Special Purpose District Debt0Lancaster County Natural Gas Authority 0 %0 1,944,000 4,000,000 %106 4,000,000 %106

Laurens

County Seat: LaurensBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa2BBB

Debt Summary


105.03



91.81 )(12.58

7,472,755 6,610,570 )(11.54

Tax Summary

Current Year



158,703,610

Major Sources of General Fund RevenueProperty Taxes 18,339,870 %68Federal Aid 6,496,294 %24Other 840,954 %3Fees, Fines and Forfeitures 600,332 %2State Aid 476,368 %2Interest Income 134,015 %0

Economic Profile



Employment34,40032,1002,300

%6.7

35,77033,2902,480

%6.9


%3.98%3.71%7.83


23,457 %5.63

4,719 %38Manufacturing1,627 %13Transportation, Warehousing1,476 %12Retail Trade1,341 %11Administrative, Support, Waste Mgt, Remediation1,244 %10Accommodation, Food

908 %7Public Administration630 %5Construction397 %3Other Services304 %2Information676 %5Others

Laurens


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt1,993,027City Of Clinton 1,861,717 %)(7 7,865,629 7,265,279 %)(8 9,126,996 %)(7

249,218City Of Laurens 1,513,485 %507 0 1,033,529 %0 2,547,014 %922

Town Of Cross Hill

Town Of Gray Court

Town Of Waterloo

School District Debt22,025,000Laurens County School District #55 21,785,000 %)(1 0 1,405,000 %0 23,190,000 %5

20,000,000Laurens County School District #56 19,900,000 %)(1 0 0 %0 19,900,000 %)(1

Special Purpose District Debt0Gray Court Rural Volunteer Fire Dept 0 %0 5,424 0 %)(100 0 %)(100

0Laurens County Health Care System 0 %0 11,340,000 10,075,000 %)(11 10,075,000 %)(11

0Laurens County Rural Volunteer Fire Dept 0 %0 799,184 540,047 %)(32 540,047 %)(32

4,050,000Laurens County Water And Sewer Commission 3,925,000 %)(3 18,930,133 19,734,318 %4 23,659,318 %3

Lee

County Seat: BishopvilleBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


103.83



102.62 )(1.17

2,151,449 2,136,471 )(0.70

Tax Summary

Current Year



34,022,520

Major Sources of General Fund RevenueProperty Taxes 5,223,632 %39Fees, Fines and Forfeitures 3,985,957 %29Other 2,062,094 %15State Aid 1,325,526 %10Federal Aid 852,724 %6Interest Income 89,326 %1

Economic Profile




840%9.4

8,5007,770

730%8.6


%)(4.49%)(3.60%)(13.10


20,082 %3.94

579 %18Public Administration462 %15Retail Trade454 %14Manufacturing343 %11Education206 %7Transportation, Warehousing153 %5Agriculture, Forestry, Fishing, Hunting136 %4Administrative, Support, Waste Mgt, Remediation89 %3Construction71 %2Finance, Insurance

127 %4Others

Lee


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0City Of Bishopville 0 %0 2,675,324 2,605,468 %)(3 2,605,468 %)(3

34,403Town Of Lynchburg 19,160 %)(44 203,783 184,799 %)(9 203,959 %)(14

School District Debt14,846,091Lee County School District 18,419,867 %24 0 0 %0 18,419,867 %24

Lexington

County Seat: LexingtonBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Aa2AA-

Debt Summary


166.16



203.51 22.48

39,737,786 49,474,486 24.50

Tax Summary

Current Year



875,893,104

Major Sources of General Fund RevenueProperty Taxes 62,397,280 %56Fees, Fines and Forfeitures 19,478,988 %18State Aid 12,561,356 %11Other 12,464,731 %11Interest Income 3,980,639 %4Federal Aid 0 %0

Economic Profile




6,670%5.1

135,830130,220

5,610%4.1


%4.40%5.50

%)(15.89


30,515 %1.05

12,571 %16Retail Trade12,068 %15Manufacturing8,860 %11Accommodation, Food8,193 %10Health Care, Social Assistance8,121 %10Construction5,540 %7Wholesale Trade5,391 %7Transportation, Warehousing5,137 %6Administrative, Support, Waste Mgt, Remediation2,911 %4Finance, Insurance

14,553 %18Others

Lexington


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt4,983,422City Of Cayce 4,459,592 %)(11 23,478,746 22,267,786 %)(5 26,727,378 %)(6

3,685,015City Of West Columbia 4,111,140 %12 25,611,489 25,684,681 %0 29,795,821 %2

14,000South Congaree 27,000 %93 0 0 %0 27,000 %93

342,521Town Of Batesburg - Leesville 608,462 %78 3,282,639 2,861,293 %)(13 3,469,755 %)(4

342,521Town Of Batesurg - Leesville 608,462 %78 3,282,639 2,861,293 %)(13 3,469,755 %)(4

455,855Town Of Chapin 744,783 %63 0 0 %0 744,783 %63

Town Of Gilbert

Town Of Irmo

4,469,551Town Of Lexington 4,245,878 %)(5 39,266,304 38,469,577 %)(2 42,715,455 %)(2

Town Of Pelion

Town Of Pine Ridge

1,894,630Town Of Springdale 1,792,288 %)(5 0 0 %0 1,792,288 %)(5

School District Debt166,145,000Lexington County School District 1 152,925,000 %)(8 0 0 %0 152,925,000 %)(8

58,325,000Lexington County School District 2 46,785,000 %)(20 0 0 %0 46,785,000 %)(20



15,275,000Lexington County School District 5 31,295,000 %105 0 0 %0 31,295,000 %105

Special Purpose District Debt0Columbia Metropolitan Airport 0 %0 89,385,000 86,720,000 %)(3 86,720,000 %)(3

0Gaston Rural Community Water District 0 %0 549,383 518,389 %)(6 518,389 %)(6

0Gilbert-summit Rural Water District 0 %0 3,064,422 3,210,565 %5 3,210,565 %5

7,975,000Irmo Chapin Recreation District 7,360,000 %)(8 0 0 %0 7,360,000 %)(8

30,305,000Lexington County Rural Recreation District 29,105,000 %)(4 0 0 %0 29,105,000 %)(4

0Lexington Joint Municipal Water & Sewer District 0 %0 33,236,618 33,202,260 %0 33,202,260 %0

Marion

County Seat: MarionBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


104.01



119.59 14.97

3,640,505 4,196,420 15.27

Tax Summary

Current Year



70,908,254

Major Sources of General Fund RevenueProperty Taxes 7,489,919 %50Fees, Fines and Forfeitures 4,329,250 %29State Aid 2,493,696 %17Other 571,150 %4Interest Income 196,497 %1Federal Aid 0 %0

Economic Profile


%)(71.23205,607714,558Personal Income (in thousands)20,416Per Capita

Employment14,80012,9701,830

%12.4

3,6503,270

380%10.3


%)(75.34%)(74.79%)(79.23


5,859 %)(71.30

269 %33Manufacturing184 %22Other Services146 %18Retail Trade63 %8Agriculture, Forestry, Fishing, Hunting57 %7Professional, Scientific, Technical56 %7Construction30 %4Transportation, Warehousing18 %2Finance, Insurance13 %2Wholesale Trade14 %2Others

Marion


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt256,129City Of Marion 499,075 %95 10,529,939 10,226,444 %)(3 10,725,519 %)(1

653,572City Of Mullins 618,830 %)(5 2,087,085 1,965,368 %)(6 2,584,198 %)(6

School District Debt3,555,000Marion County School District #1 3,175,000 %)(11 0 0 %0 3,175,000 %)(11

756,000Marion County School District #2 576,000 %)(24 0 0 %0 576,000 %)(24

910,000Marion County School District #7 790,000 %)(13 0 0 %0 790,000 %)(13

Marlboro

County Seat: BennettsvilleBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa1

Debt Summary

Prior Year Current Year % ChangeDebt Type692,493 4,064,139 486.89General Obligation



692,493 4,064,139 486.89

Tax Summary

Current Year



56,910,141

Major Sources of General Fund RevenueProperty Taxes 5,391,848 %57State Aid 1,729,749 %18Fees, Fines and Forfeitures 1,522,485 %16Other 565,860 %6Interest Income 243,885 %3Federal Aid 0 %0

Economic Profile



Employment13,33011,8101,520

%11.4

13,65012,0901,560

%11.4


%2.40%2.37%2.63


25,679 %30.77


951 %12Education754 %10Public Administration740 %9Health Care, Social Assistance724 %9Accommodation, Food332 %4Transportation, Warehousing278 %4Finance, Insurance251 %3Construction337 %4Others

Marlboro


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt1,561,225City Of Bennettsville 1,693,222 %8 9,792,718 9,245,667 %)(6 10,938,889 %)(4

Town Of Blenheim

Town Of Tatum

School District Debt8,240,000Marlboro County School District 16,339,946 %98 0 0 %0 16,339,946 %98

Mccormick

County Seat: McCormickBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


23,067,358 12,947,751 )(43.87Revenue

2,415.39



1,444.67 )(40.19

24,685,320 14,937,887 )(39.49

Tax Summary

Current Year



38,304,228

Major Sources of General Fund RevenueProperty Taxes 4,275,988 %75State Aid 795,292 %14Fees, Fines and Forfeitures 363,283 %6Federal Aid 202,022 %4Other 55,802 %1Interest Income 29,489 %1

Economic Profile




420%11.0

12,94011,4101,530

%11.8


%242.33%239.58%264.29


55,344 %188.89

2,607 %38Manufacturing832 %12Education705 %10Retail Trade618 %9Public Administration294 %4Accommodation, Food218 %3Wholesale Trade167 %2Other Services153 %2Construction140 %2Transportation, Warehousing345 %5Others

Mccormick


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt1,072,679Town Of Mccormick 1,035,248 %)(3 0 0 %0 1,035,248 %)(3

Town Of Parksville

Town Of Plum Branch

School District Debt0Mccormick County School District 0 %0 10,690,000 10,025,000 %)(6 10,025,000 %)(6

Newberry

County Seat: NewberryBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3A

Debt Summary


326.70



297.52 )(8.93

12,251,098 11,231,468 )(8.32

Tax Summary

Current Year



109,295,680


Economic Profile



Employment18,76017,4001,360

%7.3

17,91016,8101,100

%6.1


%)(4.53%)(3.39%)(19.12


23,626 %3.29

4,851 %42Manufacturing1,457 %12Retail Trade1,003 %9Health Care, Social Assistance

854 %7Construction641 %5Accommodation, Food630 %5Administrative, Support, Waste Mgt, Remediation575 %5Agriculture, Forestry, Fishing, Hunting493 %4Public Administration285 %2Other Services

1,014 %9Others

Newberry


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0City Of Newberry 0 %0 6,696,760 5,835,212 %)(13 5,835,212 %)(13

Town Of Little Mountain

Town Of Peak

Town Of Pomaria

165,000Town Of Prosperity 151,161 %)(8 415,146 399,721 %)(4 550,882 %)(5

Town Of Silverstreet

0Town Of Witmire 0 %0 946,548 908,290 %)(4 908,290 %)(4

School District Debt2,600,000Newberry County School District 800,000 %)(69 0 0 %0 800,000 %)(69

Special Purpose District Debt0J. F. Hawkins Nursing Home / Springfield Place 0 %0 11,210,000 10,920,000 %)(3 10,920,000 %)(3

0Newberry County Memorial Hospital 0 %0 12,565,000 14,424,063 %15 14,424,063 %15

0Newberry County Water And Sewer Authority 0 %0 5,949,658 5,847,783 %)(2 5,847,783 %)(2

Oconee

County Seat: WalhallaBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A+A1A+

Debt Summary


660,054 0 )(100.00RevenueTotal Debt Outstanding


14,022,283 12,521,742 )(10.70

Tax Summary

Current Year



432,720,729

Major Sources of General Fund RevenueProperty Taxes 28,631,783 %69Other 5,415,042 %13State Aid 3,645,998 %9Fees, Fines and Forfeitures 1,760,479 %4Interest Income 1,446,220 %3Federal Aid 635,672 %2

Economic Profile



Employment33,78030,8202,960

%8.8

30,61028,4002,210

%7.2


%)(9.38%)(7.85%)(25.34


27,883 %2.71

5,286 %32Manufacturing2,930 %18Retail Trade1,801 %11Construction1,665 %10Accommodation, Food1,287 %8Health Care, Social Assistance

799 %5Public Administration696 %4Other Services466 %3Administrative, Support, Waste Mgt, Remediation437 %3Wholesale Trade

1,391 %9Others

Oconee


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0City Of Seneca 886,735 %0 12,065,000 11,620,000 %)(4 12,506,735 %4

94,061City Of Walhalla 224,562 %139 0 0 %0 224,562 %139

2,959,416City Of Westminster 2,849,321 %)(4 0 0 %0 2,849,321 %)(4

0Town Of Salem 0 %0 196,527 180,962 %)(8 180,962 %)(8

0Town Of West Union 0 %0 86,635 85,163 %)(2 85,163 %)(2

School District Debt36,530,000Oconee County School District #37 54,745,000 %50 0 0 %0 54,745,000 %50

Special Purpose District Debt0Pioneer Rural Water 0 %0 2,085,076 1,960,307 %)(6 1,960,307 %)(6

Orangeburg

County Seat: OrangeburgBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3BBB+

Debt Summary

Prior Year Current Year % ChangeDebt Type10,600,000 9,645,000 )(9.01General Obligation8,769,296 67,193,773 666.24Revenue

208.99



824.54 294.53

19,369,296 76,838,773 296.70

Tax Summary

Current Year



230,006,296

Major Sources of General Fund RevenueProperty Taxes 26,870,430 %45State Aid 20,084,233 %33Fees, Fines and Forfeitures 10,768,951 %18Interest Income 1,973,647 %3Other 283,392 %0Federal Aid 0 %0

Economic Profile



Employment43,46039,4404,020

%9.3

40,32036,7903,530

%8.8


%)(7.23%)(6.72%)(12.19


23,416 %1.63

8,046 %32Manufacturing5,367 %22Retail Trade3,438 %14Accommodation, Food2,189 %9Health Care, Social Assistance1,014 %4Administrative, Support, Waste Mgt, Remediation

963 %4Construction958 %4Wholesale Trade869 %3Finance, Insurance869 %3Transportation, Warehousing

3,515 %14Others

Orangeburg


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt4,181,909City Of Orangeburg 4,004,273 %)(4 17,050,000 16,000,000 %)(6 20,004,273 %)(6

0Town Of Bowman 0 %0 36,160 40,834 %13 40,834 %13

0Town Of Branchville 45,215 %0 1,779,166 1,711,488 %)(4 1,756,703 %)(1

Town Of Cope

Town Of Cordova

0Town Of Eutawville 173,830 %0 0 0 %0 173,830 %0

101,000Town Of Holly Hill 21,000 %)(79 3,186,256 3,127,424 %)(2 3,148,424 %)(4

Town Of Livingston

Town Of Neeses

129,157Town Of North 117,407 %)(9 0 0 %0 117,407 %)(9

699,551Town Of Norway 676,647 %)(3 0 0 %0 676,647 %)(3

Town Of Rowesville

4,867,405Town Of Santee 5,074,243 %4 1,420,679 1,366,709 %)(4 6,440,952 %2

14,561Town Of Springfield 35,490 %144 90,077 68,117 %)(24 103,607 %)(1

Town Of Vance

Town Of Woodford

School District Debt41,525,000Orangeburg County School District 3 39,670,000 %)(4 0 0 %0 39,670,000 %)(4

40,445,000Orangeburg County School District 4 38,769,390 %)(4 0 0 %0 38,769,390 %)(4

44,220,000Orangeburg County School District 5 43,000,000 %)(3 0 0 %0 43,000,000 %)(3

Pickens

County Seat: PickensBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AA-A1A+

Debt Summary


179.45



167.71 )(6.54

20,658,490 19,567,101 )(5.28

Tax Summary

Current Year



387,649,122


Economic Profile



Employment59,31054,9604,350

%7.3

60,56057,5103,050

%5.0


%2.11%4.64

%)(29.89


23,846 %0.83

6,761 %21Manufacturing4,599 %15Retail Trade4,541 %14Accommodation, Food3,312 %11Health Care, Social Assistance2,848 %9Education2,633 %8Construction1,545 %5Administrative, Support, Waste Mgt, Remediation1,496 %5Public Administration

864 %3Finance, Insurance3,621 %12Others

Pickens


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt10,640,097City Of Clemson 10,070,949 %)(5 5,501,981 5,239,923 %)(5 15,310,872 %)(5

697,592City Of Liberty 582,669 %)(16 335,647 298,596 %)(11 881,265 %)(15

5,166,585City Of Pickens 4,917,141 %)(5 0 0 %0 4,917,141 %)(5

1,103,752Town Of Central 902,750 %)(18 319,107 1,163,586 %265 2,066,336 %45

11,557,320Town Of Easley 11,825,903 %2 0 0 %0 11,825,903 %2

117,800Town Of Norris 96,642 %)(18 0 0 %0 96,642 %)(18

Town Of Six Mile

School District Debt31,461,000Pickens County School District 25,637,000 %)(19 0 0 %0 25,637,000 %)(19

Richland

County Seat: ColumbiaBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Aa2AA

Debt Summary

Prior Year Current Year % ChangeDebt Type61,350,956 57,231,788 )(6.71General Obligation23,545,000 65,475,000 178.08Revenue

247.50



354.79 43.35

84,895,956 122,706,788 44.54

Tax Summary

Current Year



1,250,371,910

Major Sources of General Fund RevenueProperty Taxes 61,990,498 %52Fees, Fines and Forfeitures 28,238,969 %24State Aid 16,944,532 %14Other 6,736,305 %6Interest Income 5,263,976 %4Federal Aid 34,698 %0

Economic Profile



Employment175,540163,92011,620

%6.6

182,470172,600

9,870%5.4


%3.95%5.30

%)(15.06


31,150 %5.46

29,298 %15Health Care, Social Assistance25,385 %13Public Administration23,125 %12Retail Trade19,818 %10Finance, Insurance17,692 %9Accommodation, Food15,525 %8Administrative, Support, Waste Mgt, Remediation11,410 %6Education11,389 %6Manufacturing10,544 %5Professional, Scientific, Technical42,630 %22Others

Richland


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt18,830,000City Of Columbia 17,430,000 %)(7 227,188,964 219,159,999 %)(4 236,589,999 %)(4

0City Of Forest Acres 461,011 %0 0 0 %0 461,011 %0

Town Of Arcadia Lakes

303,890Town Of Blythewood 303,890 %0 0 0 %0 303,890 %0

15,391Town Of Eastover 11,709 %)(24 1,262,029 1,244,243 %)(1 1,255,952 %)(2

School District Debt385,230,000Richland County School District 1 451,840,000 %17 0 0 %0 451,840,000 %17

233,405,000Richland County School District 2 260,815,000 %12 0 0 %0 260,815,000 %12

Special Purpose District Debt14,102,500East Richland Public Service District 13,082,500 %)(7 0 0 %0 13,082,500 %)(7

500,000Richland County Drainage District 0 %)(100 0 0 %0 0 %)(100

6,781,402Richland County Recreation Commission 5,478,614 %)(19 0 0 %0 5,478,614 %)(19

15,445,000Richland County Riverbank Zoological Park 14,520,000 %)(6 0 0 %0 14,520,000 %)(6

Saluda

County Seat: SaludaBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Debt Summary


72.31



66.82 )(7.59

1,375,974 1,280,264 )(6.96

Tax Summary

Current Year



50,498,569

Major Sources of General Fund RevenueProperty Taxes 13,926,245 %78State Aid 2,844,101 %16Fees, Fines and Forfeitures 659,365 %4Interest Income 331,372 %2Other 43,467 %0Federal Aid 28,554 %0

Economic Profile




680%7.0

9,7809,280

500%5.1


%1.56%3.69

%)(26.47


25,410 %5.58

1,766 %51Manufacturing491 %14Agriculture, Forestry, Fishing, Hunting302 %9Retail Trade193 %6Construction177 %5Public Administration137 %4Wholesale Trade50 %1Finance, Insurance45 %1Other Services40 %1Administrative, Support, Waste Mgt, Remediation68 %2Others

Saluda


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt0Town Of Ridge Spring 0 %0 366,069 345,629 %)(6 345,629 %)(6

115,089Town Of Saluda 161,922 %41 0 0 %0 161,922 %41

Town Of Ward

School District Debt0Saluda County School District #1 0 %0 14,420,000 13,795,000 %)(4 13,795,000 %)(4

Spartanburg

County Seat: SpartanburgBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AAAa2A

Debt Summary




34,974,871 30,896,562 )(11.66

Tax Summary

Current Year



909,491,067

Major Sources of General Fund RevenueProperty Taxes 59,265,791 %47Fees, Fines and Forfeitures 25,067,853 %20State Aid 20,092,263 %16Federal Aid 11,334,149 %9Other 7,828,049 %6Interest Income 3,795,894 %3

Economic Profile



Employment131,730121,17010,560

%8.0

137,060128,820

8,240%6.0


%4.05%6.31

%)(21.97


26,133 %2.10

27,843 %27Manufacturing13,078 %13Retail Trade9,927 %10Accommodation, Food8,274 %8Health Care, Social Assistance7,063 %7Administrative, Support, Waste Mgt, Remediation6,803 %7Construction6,024 %6Wholesale Trade5,009 %5Transportation, Warehousing3,856 %4Public Administration

18,156 %18Others

Spartanburg


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt453,597City Of Chesnee 398,929 %)(12 0 0 %0 398,929 %)(12

210,662City Of Inman 172,537 %)(18 1,694,161 1,665,416 %)(2 1,837,953 %)(4

City Of Landrum

1,180,000City Of Spartanburg 1,005,000 %)(15 39,620,555 37,766,057 %)(5 38,771,057 %)(5

205,305Town Of Campobello 294,284 %43 0 0 %0 294,284 %43

Town Of Central Pacolet

288,817Town Of Cowpens 232,216 %)(20 0 0 %0 232,216 %)(20

1,020,517Town Of Duncan 1,044,375 %2 985,864 1,010,557 %3 2,054,932 %2

0Town Of Lyman 0 %0 1,052,965 973,933 %)(8 973,933 %)(8

87,506Town Of Pacolet 83,840 %)(4 0 0 %0 83,840 %)(4

School District Debt71,153,730Spartanburg County School District 1 70,131,178 %)(1 20,500,000 20,500,000 %0 90,631,178 %)(1

5,500,000Spartanburg County School District 2 8,500,000 %55 0 0 %0 8,500,000 %55


0Spartanburg County School District 4 2,000,000 %0 0 0 %0 2,000,000 %0

30,327,618Spartanburg County School District 5 25,642,726 %)(15 79,000,000 79,000,000 %0 104,642,726 %)(4


0Spartanburg County School District 7 0 %0 71,128,986 67,383,588 %)(5 67,383,588 %)(5

Special Purpose District Debt233,061Arkwright Fire District 212,647 %)(9 0 0 %0 212,647 %)(9

616,676Boiling Springs Fire District 567,722 %)(8 0 0 %0 567,722 %)(8

363,000Campobello Fire District 309,000 %)(15 0 0 %0 309,000 %)(15

415,188Cherokee Springs Fire District 352,212 %)(15 0 0 %0 352,212 %)(15

0Chesnee Community Volunteer Fire Department 0 %0 294,261 261,233 %)(11 261,233 %)(11

944,927Converse Area Fire District 866,541 %)(8 0 0 %0 866,541 %)(8

146,065Cooley Springs Fingerville Fire Department 120,127 %)(18 0 0 %0 120,127 %)(18

Cowpens Fire District

936,745Croft Fire District 791,224 %)(16 0 0 %0 791,224 %)(16

0Cross Anchor Fire District 0 %0 156,000 136,475 %)(13 136,475 %)(13

580,780Drayton Fire District 531,727 %)(8 0 0 %0 531,727 %)(8

Duncan Fire District

Enoree - Lanford Fire District

Glendale Fire District

108,066Glenn Springs - Pauline Fire District 108,066 %0 0 0 %0 108,066 %0

976,756Hilltop Fire District 882,335 %)(10 0 0 %0 882,335 %)(10

31,680Hobbysville Fire District 24,318 %)(23 0 0 %0 24,318 %)(23

751,666Holly Springs Fire Department 705,567 %)(6 0 0 %0 705,567 %)(6

0Inman - Campobello Water District 0 %0 1,022,011 767,818 %)(25 767,818 %)(25

0Inman Community Fire District 300,000 %0 33,000 0 %)(100 300,000 %809

Lakewood Hills Special Tax District

221,305Landrum Community Fire District 197,398 %)(11 0 0 %0 197,398 %)(11

0Liberty - Chesnee - Fingerville Water Ditrict 0 %0 1,619,546 1,440,658 %)(11 1,440,658 %)(11

463,775Mayo Area Fire District 445,516 %)(4 0 0 %0 445,516 %)(4

193,900New Prospect Area Fire District 181,662 %)(6 0 0 %0 181,662 %)(6

0North Spartanburg Fire District 209,000 %0 0 0 %0 209,000 %0

52,125Pacolet Station Fire District 3,875 %)(93 0 0 %0 3,875 %)(93

933,321Pelham Batesville Fire District 689,527 %)(26 0 0 %0 689,527 %)(26

1,323,248Poplar Springs Fire District 1,278,657 %)(3 0 0 %0 1,278,657 %)(3

932,939Reidville Area Fire District 803,836 %)(14 0 0 %0 803,836 %)(14

Spartanburg

Special Purpose District Debt900,000Roebuck Fire District 750,000 %)(17 0 0 %0 750,000 %)(17

492,565Spartanburg Metropolitan Sub District B 487,359 %)(1 761,835 617,136 %)(19 1,104,495 %)(12

32,450,000Spartanburg Sanitary Water & Sewer District 30,795,000 %)(5 136,709,170 136,084,170 %0 166,879,170 %)(1

6,770,000Startex - Jackson - Wellford - Duncan Water Dist 5,170,000 %)(24 7,725,861 7,146,483 %)(7 12,316,483 %)(15

116,390Startex Area Fire District 89,238 %)(23 0 0 %0 89,238 %)(23

1,036,761Tyger Fire District 981,444 %)(5 0 0 %0 981,444 %)(5

98,446Una Community Volunteer Fire Department 128,693 %31 0 0 %0 128,693 %31

2,534,426Westview Fairforest Fire District 2,362,297 %)(7 84,380 191,425 %127 2,553,722 %)(2

0Whitney Area Fire District 377,277 %0 0 0 %0 377,277 %0

3,415,750Woodruff - Roebuck Water District 2,899,240 %)(15 865,385 694,507 %)(20 3,593,747 %)(16

Sumter

County Seat: SumterBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A1A

Debt Summary


136.31



137.77 1.07

14,490,000 14,751,111 1.80

Tax Summary

Current Year



267,072,341

Major Sources of General Fund RevenueProperty Taxes 25,421,069 %58Fees, Fines and Forfeitures 11,609,051 %27State Aid 5,435,179 %12Interest Income 716,318 %2Other 450,753 %1Federal Aid 0 %0

Economic Profile



Employment48,91044,7404,170

%8.5

46,74043,3803,360

%7.2


%)(4.44%)(3.04%)(19.42


24,537 %3.98

8,114 %23Manufacturing4,647 %13Retail Trade4,097 %12Health Care, Social Assistance3,323 %9Education3,157 %9Accommodation, Food2,797 %8Construction2,723 %8Public Administration1,969 %6Administrative, Support, Waste Mgt, Remediation1,134 %3Transportation, Warehousing4,631 %13Others

Sumter


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt9,410,501City Of Sumter 7,864,397 %)(16 17,246,452 46,751,535 %171 54,615,932 %105

Town Of Mayesville

619,633Town Of Pinewood 600,168 %)(3 0 0 %0 600,168 %)(3

School District Debt14,490,000Sumter County Schhol District #2 14,751,111 %2 24,635,000 24,525,000 %0 39,276,111 %0

14,490,000Sumter County School District #17 14,751,111 %2 25,150,000 21,280,000 %)(15 36,031,111 %)(9

Union

County Seat: UnionBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

A3

Debt Summary


58.44


Debt Per Capita)(0.1828,44028,490Population

123.59 111.48

1,665,000 3,515,000 111.11

Tax Summary

Current Year



62,543,642


Economic Profile



Employment13,24011,7101,530

%11.5

12,36011,2601,100

%8.9


%)(6.65%)(3.84%)(28.10


24,457 %3.34

1,918 %36Manufacturing814 %15Retail Trade577 %11Accommodation, Food532 %10Public Administration277 %5Finance, Insurance230 %4Professional, Scientific, Technical222 %4Construction161 %3Other Services131 %2Wholesale Trade245 %5Others

Union


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt45,396City Of Union 199,039 %338 13,367,239 12,792,634 %)(4 12,991,673 %)(3

Town Of Carlisle

64,499Town Of Jonesville 57,406 %)(11 795,912 744,488 %)(6 801,894 %)(7

Town Of Lockhart

School District DebtUnion County Schools

Special Purpose District Debt81,492Bonham Fire District 76,120 %)(7 0 0 %0 76,120 %)(7

25,170Brown's Creek Water Co. 0 %)(100 0 0 %0 0 %)(100

Brown's Creek Water Shed

578,473Buffalo Fire District 529,139 %)(9 0 0 %0 529,139 %)(9

Carlisle Fire District

Cross Keys Fire District

436,916Jonesville Fire District 421,509 %)(4 0 0 %0 421,509 %)(4

135,277Kelly Kelton Fire District 125,929 %)(7 0 0 %0 125,929 %)(7

73,315Lockhart Fire District 67,403 %)(8 0 0 %0 67,403 %)(8

814,693Meansville Riley Road Water Co. 744,147 %)(9 0 0 %0 744,147 %)(9

276,000Monarch Fire District 262,777 %)(5 0 0 %0 262,777 %)(5

17,610Philippi Fire District 14,696 %)(17 0 0 %0 14,696 %)(17

Rocky Creek Water District

Santuc Fire District

42,081Southside Fire District 36,053 %)(14 0 0 %0 36,053 %)(14

0Wallace Thomson Hospital 0 %0 6,860,000 6,460,000 %)(6 6,460,000 %)(6

Williamsburg

County Seat: KingstreeBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

Baa3BBB

Debt Summary


195.41


Debt Per Capita)(0.0835,34035,370Population

184.07 )(5.80

6,911,666 6,505,001 )(5.88

Tax Summary

Current Year



90,807,337

Major Sources of General Fund RevenueProperty Taxes 11,397,455 %54State Aid 4,720,519 %22Federal Aid 1,986,624 %9Fees, Fines and Forfeitures 1,634,909 %8Other 1,175,278 %6Interest Income 187,345 %1

Economic Profile



Employment16,78015,0901,690

%10.1

15,76014,3601,400

%8.9


%)(6.08%)(4.84%)(17.16


19,967 %3.70


982 %16Public Administration484 %8Construction452 %7Finance, Insurance392 %6Other Services372 %6Accommodation, Food364 %6Administrative, Support, Waste Mgt, Remediation181 %3Wholesale Trade121 %2Others

Williamsburg


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt78,025Town Of Greeleyville 102,525 %31 0 0 %0 102,525 %31

0Town Of Hemingway 51,662 %0 655,856 946,911 %44 998,573 %52

504,615Town Of Kingstree 448,922 %)(11 4,184,758 4,008,405 %)(4 4,457,327 %)(5

11,469Town Of Lane 9,999 %)(13 0 0 %0 9,999 %)(13

83,967Town Of Stuckey 71,199 %)(15 0 0 %0 71,199 %)(15

School District Debt5,166,000Williamsburg County School District 4,500,000 %)(13 0 0 %0 4,500,000 %)(13

York

County Seat: YorkBond RatingsFitchRatings:Moody's Investors Service:Standard & Poors:

AA-Aa3A+

Debt Summary


194.86



233.79 19.98

37,653,604 45,920,908 21.96

Tax Summary

Current Year



938,818,940

Major Sources of General Fund RevenueProperty Taxes 40,957,033 %57Fees, Fines and Forfeitures 11,926,601 %17State Aid 10,520,968 %15Other 3,590,469 %5Interest Income 3,137,745 %4Federal Aid 1,529,909 %2

Economic Profile



Employment98,08091,3606,720

%6.9

105,30099,0406,260

%5.9


%7.36%8.41

%)(6.85


28,944 %6.07

10,289 %17Manufacturing8,629 %14Retail Trade7,131 %12Health Care, Social Assistance6,943 %12Accommodation, Food5,132 %9Administrative, Support, Waste Mgt, Remediation4,761 %8Finance, Insurance4,292 %7Construction3,180 %5Wholesale Trade3,158 %5Public Administration9,775 %16Others

York


Revenue


Total Debt

Current Year Change

General Obligation

Municipality Debt8,870,000City Of Rock Hill 8,165,000 %)(8 134,261,159 138,601,470 %3 146,766,470 %3

1,419,699City Of York 1,298,448 %)(9 4,580,000 4,235,000 %)(8 5,533,448 %)(8

374,812Town Of Clover 461,306 %23 4,548,000 4,221,000 %)(7 4,682,306 %)(5

1,627,484Town Of Fort Mill 1,954,649 %20 10,544,968 10,175,850 %)(4 12,130,499 %0

Town Of Hickory Grove

Town Of Mcconnells

49,720Town Of Sharon 46,694 %)(6 0 0 %0 46,694 %)(6

Town Of Smyrna

School District Debt14,990,000York County School District #1 13,435,000 %)(10 0 0 %0 13,435,000 %)(10

26,000,000York County School District #2 20,400,000 %)(22 0 0 %0 20,400,000 %)(22

129,975,000York County School District #3 181,845,000 %40 0 0 %0 181,845,000 %40

126,705,000York County School District #4 122,325,000 %)(3 0 0 %0 122,325,000 %)(3

Special Purpose District Debt2,039,616York County Natural Gas Authority 1,740,687 %)(15 0 0 %0 1,740,687 %)(15

Acknowledgements and Data Sources State Treasurer Converse Chellis and his staff gratefully acknowledge the following for their contributions to this report:

The County and Municipal Treasurers of South Carolina The South Carolina Budget and Control Board, Division of Research and Statistical Services The South Carolina Employment Security Commission FitchRatings, Inc. Moody's Investors Service, Inc. Standard & Poor's Corporation

The following data sources were used in compiling this report:

United States Department of Labor, Bureau of Labor Statistics at ftp://ftp.bls.gov/pub/special.requests/cew/2007/county/ (retrieved March 15, 2008).

United States Department of Commerce, Bureau of Economic Analysis at

http://www.bea.gov/bea/regional/reis/drill.cfm (retrieved March 15, 2008). United States Census Bureau at http://www.census.gov/popest/counties/tables/CO-EST2007-

01-45.xls and http://www.census.gov/epcd/www/naicsect.htm (retrieved March 15, 2008). National Institute of Standards and Technology at http://www.itl.nist.gov/fipspubs/co-

codes/sc.txt (retrieved March 15, 2008).

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