Beaufort County School District

Port Royal looks to revive MCIP funding for port redevelopment

Officials with the Town of Port Royal say they are attempting to revive a long-planned funding mechanism tied to the redevelopment of the former State Ports Authority property, but the proposal is now facing pushback from members of the Beaufort County Board of Education who argue the move could divert millions of dollars away from public schools.

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Bad neighbors not welcome

Last week we found out that Port Royal’s largest apartment development, The Preserve, will no longer pay local taxes. That’s right. Thanks to a glaring loophole in a state law, Beaufort County is now out roughly $260,000 in tax revenue; Beaufort County School District is out roughly $726,000, and the Town of Port Royal is out around $350,000, about 6% of its total tax collections. It cannot be overstated: this is a huge deal.

Bad neighbors not welcome Read More »