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FY19 Millage Increase

June 7, 2018 By James Island PSD

On May 21, 2018, the JIPSD Commission approved the First Reading of the FY2019 Budget that included a 2 mill increase in the General Fund and a 5.5 mill increase in the Debt Service Fund.

The 2 mill increase will be used for salary increases for those associates found to be paid below the market according to a compensation study completed earlier this year.

The 5.5 mill increase will be used to pay the debt for the relocation and replacement of Fire Station 1 from Camp to Folly Road. Fire Station 1 was built in 1961 and is way overdue for replacement. The new location improves response time.

What’s the impact?  For the average $250,000 house, the result an increase of $75 a year (or $6.25/month).

A public hearing for the FY2019 Budget will be held Monday, June 25, 2018, at 1739 Signal Point Road @ 5:30 p.m.  All are invited to attend.

For further detailed information see the FY2019 Proposed Budget.  If you have any questions regarding the proposed budget or budget process, contact Susan Gladden, CFO at gladdens@jipsd.org or 843-998-6176 or James G. Game, AFO at gamej@jipsd.org or 843-998-6175.

Filed Under: Current News

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Charleston, SC 29422-2140

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