Inflation Component of Millage Rate Increase Limitations Issued

Tuesday, February 5, 2019 4:26:00 PM

The S.C. Revenue and Fiscal Affairs Office (RFA) has issued the inflation component of the millage rate increase limitations for FY 2019-20. Click here to read RFA’s memo. Each county’s millage rate increase limit will be based on 2.44 percent, plus any increase in population. RFA will publish the millage rate increase limitations once the Census Bureau releases the 2018 county population estimates by late March.