Wednesday, October 27, 2010

Conway rejects tax share change

CONWAY - Conway City Council members do not believe that the State can spend tax money collected in the city better that the city can and voted unanimously Monday to oppose a proposal that would change the distribution of local taxes but also take a share of the fee for the hospitality.

The proposal will have to legislative approval before he took effect.But if it approval, this would mean that Conway would give 11 per cent of State taxes levied in the city of the State quarters and divide the rest with Conway Main Street, the city designated marketing.En organization in addition, the proposal would give 1% of local taxes of accommodation and hospitality.

As opposed to the proposed resolutions were passed by the cities of Myrtle Beach and North Myrtle Beach as well as the Horry County League of cities and town in South Carolina Association said Bill Graham, Director of city of Conway.

Councillor Irby Koon said he thinks that the proposal is an effort by a group of State legislators to transfer money from the local governments in the State "where they will be donut it there."

"The State would take some of our House rule with this proposal," said Graham.

The proposal came a Subcommittee of the path new State Commission on taxation, which is scheduled for the vote on Thursday and pass recommendations to the Legislative Assembly.

Resolution opposing the change in distribution will be sent to the Committee and the credentials of the delegation.

Said Graham Conway gets about $ 38,000 per year to State accommodation tax, $13,000 local lodging tax and $536,000 hospitality .the city tax is $25 k hosting tax State's General Fund and 30 percent of the remaining funds, or approximately $3,900 to main street in Conway.The rest is divided between non-profit organizations, focusing on tourism as bluegrass on Waccamaw, Chamber of commerce of Conway, Horry County Historical Society, Conway market and the theatre of the Republic.

Conway Main Street Gets an another $1,900 pot is not required by the law of the State.

Graham said local lodging tax goes to fund tourism community events, such as analysis of Conway.

The city is not too concerned about $130 it would lose if the proposal becomes law of the State local accommodation tax or $5,360 it would lose in the financing of tax home .the city uses $285,000 tax hospitality of paid links to build the trail Conway and Graham stated that this amount would be protected for the city in accordance with the proposal.

If the proposal becomes law, Graham said that share accommodation tax State Fund would fall to $ 17,000, Conway Main street and the rest of the city spread between non-profit organizations tourism would be $8,600.

Bridgette Johnson, Executive Director of the Chamber of commerce of Conway, said that it recommend to change the status current distribution of the funds of the taxe.Elle has said that the city, Conway Main Street and the House closely coordinate their efforts of marketing to see overall money is spent as well as possible.

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