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South Carolina 2019 Revenue Lost to Tax Abatement Programs

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State-level programs

Click on the name of a program for more details.

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.

For South Carolina, the estimated reporting rate is as follows:

Cities/counties: 41 out of 53 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 75 out of 81 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for SC. You can also get a CSV file of the localities in SC that did not make any tax abatement disclosures in their annual financial reports.

Local government / school district financial audits are posted here.