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Beaufort TIF part of carefully designed plan

By Scott Dadson
Beaufort city manager
Published Tuesday, November 3, 2009
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The city of Beaufort will continue to support the development that's already in place along the Boundary Street Corridor using all appropriate and available financing means. To ignore these opportunities is to reject our mission to provide efficient and economical services to our constituents.

A recent editorial cast aspersions on the city's efforts to create a new tax-increment financing district to support a critical commercial section of the city. The city is carrying out its well-documented and well-publicized intentions to boost commercial growth in a the Boundary Street district. With 300 years of history, it is essential that we look to the past and protect the future, which is what this TIF will do for city residents and taxpayers. There will be a public hearing Dec. 8.

City Council has begun the process of protecting the current investment of $22 million (the road project) by preventing stagnant growth in the Boundary Street district. As proposed, this TIF complements and supports the current 1 percent sales tax for roads.

There are four points to make here about this financing plan:

• It doesn't raise anyone's taxes.

• The city isn't running out and incurring new debt.

• There's no creative financing.

• The city isn't avoiding public scrutiny.

If anything, our books and our process are fully open. For the past two years, the city has earned the certificate of excellence in financial reporting from the Government Finance Officers Association. The city has been at the forefront of lowering its cost structure while improving services.

From a taxing perspective, the revenues the city receives from businesses is greater than the money it receives from residential property taxes. Using opportunities such as tax-increment financing districts minimizes the operational costs of the city and the taxing burden on resident taxpayers. As a result, the city has been able to maintain a stable tax rate for property owners. We've not had a property tax rate increase for operations in the past five years.

Look at it this way: Due to changes in state law, real revenue growth for localities is no longer in homeowner property taxes. Cities -- including Beaufort -- increasingly are financed through non-property tax sources, such as business licenses and accommodations and hospitality taxes. South Carolina schools are funded in part by sales taxes. That money increases when more people spend money and when they have more commercial places to spend their money. By supporting the redevelopment of the Boundary Street corridor, the city is working hard to help the future growth of the commercial sector, which directly ties to city revenues. More businesses mean more business license fees for the city and eventually more sales tax revenue, which benefit the schools.

The Boundary Street master plan covers an expansive area that is the core of Beaufort's commercial sector. It runs along Boundary Street through the city and extends toward the Marine Corps Air Station and southward on S.C. 170 to Cross Creek Shopping Center and Walmart. Much of the redevelopment money is for improved roads, traffic design, sidewalks and other infrastructure. Voters approved these projects in 2007.

Adding up the incremental costs for improving U.S. 278 and the after-the-fact costs of Bluffton Parkway, we are talking about huge amounts of money that could have been saved had there been better financial and project planning at the onset.Here at the city, we are trying to get ahead of the curve. We have spent considerable time and effort -- all in the public eye -- to talk about planning so that we can avoid the difficulties now facing other municipalities.

As an example of transparency, the city of Beaufort's Web site (www.cityofbeaufort.org) features a digital city hall and financial dashboard, which provide complete reporting of all major issues that affect the city, including permits, fire reports, finance audits and budgets.

Tax-increment financing is part of the recommended financing strategies in the Boundary Street redevelopment plan and is an important part of the city's continued efforts to invest in the future by realigning city finances to match the intended purpose of revenue streams.

The city's comprehensive plan charts our growth forward by regenerating and redeveloping in order to create a more sustainable place we call home.

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Your Elected Officials

U.S. Congress
State Government
  • Gov. Mark Sanford (R)
    Governor’s Office, State House, P.O. Box 12267, Columbia, S.C. 29211
    Office: (803) 734-2100 Fax: (803) 734-5167
  • Senator Tom Davis(R-District 46)
    P.O. Drawer 1107, Beaufort, 29901-1107
    (843) 252-8583
    602 Gressette Bldg., Columbia, 29201
    Bus. (803) 212-6008
  • Rep. Curtis Brantley (D-District 122)
    194 Bees Creek Rd., Ridgeland, 29936
    (843) 726-5998
    314D Blatt Bldg., Columbia, 29201
    (803) 734-2965
  • Rep. Richard Chalk (R-District 123)
    326C Blatt Building, Columbia, S.C. 29211-1867
    Office: (803) 734-3067; Home: (843) 842-5985
    15 Goldfinch Lane, Hilton Head Island, S.C. 29928
  • Rep. Shannon S. Erickson (R-District 124)
    (843) 986-1090
    306A Blatt Bldg., Columbia, 29201
    (803) 734-3261
  • Rep. Bill Herbkersman (R-District 118)
    P.O. Box 11867, Columbia, S.C. 29211
    Office: (803) 734-3063; Home: (843) 757-5424
    151 Gascoigne Bluff, Bluffton, S.C. 29910
  • Rep. Kenneth F. Hodges (D-District 121)
    PO Drawer 355, Green Pond, 29446
    (843) 525-9006 Home (843) 844-8756
    434B Blatt Bldg., Columbia, 29201
    (803) 734-3062
Beaufort County
  • Rick Caporale (R-District 1)
    17 Salt Wind Way, Hilton Head Island, S.C. 29926
    Office: 680-9999; fax: 681-6700
  • Steven Baer (R-District 2)
    10 Heather Lane, Hilton Head Island, S.C. 29926
    Office: 689-3570; fax: 689-3569
  • Stu Rodman (R-District 3)
    27 Baynard Park, Hilton Head Island, S.C. 29928
    Office: 363-470; fax: 363-6472
  • Weston J. Newton chairman (R-District 4)
    P.O. Drawer 7049, Hilton Head Island, S.C. 29938
    Office: 842-6111; fax: 706-9981
  • William McBride (D-District 5)
    P.O. Box 77, St. Helena Island, SC 29920
    Fax:(843)838-8303
    Home:(843)838-2264
  • Gerald Dawson (D-District 6)
    64-A Horace Dawsone Drive, Seabrook, SC 29940
    Fax:(843)846-4738
    Office:(843)846-4830
  • Paul Sommerville vice chairman (R-District 7)
    1509 Pigeon Point Road, Beaufort, SC 29902
    Fax:(843)379-7115
    Office:(843)379-7114
  • Herbert N. Glaze (D-District 8)
    P.O. Box 4053, Burton, SC 29903
    Fax:(843)846-3601
    Home:(843)846-2845
  • Brian Flewelling (R- District 9)
    25 Petigru Drive, Beaufort, SC 29902
    Fax:(843)379-9806
    Office:(843)379-9805
  • Jerry Stewart (R-District 10)
    11 Teaberry Lane, Bluffton, S.C. 29909
    Office: 705-4753; fax: 705-4723
  • Laura Von Harten (D-District 11)
    166 Fuller Parkway, Beaufort, SC 29902
    Fax:(843)379-1380
    Office:(843)379-1367
Beaufort County School District
  • District Office: 1300 King St., P.O. Drawer 309, Beaufort, SC 29902
    Office: 322-2300; fax: 322-2371
    Hilton Head Island office, 689-4635; fax: 689-4617
    • Beaufort County Board of Education members:
    • Fred S. Washington chairman (District 11)
      PO 325, 804 West Street, Beaufort, SC 29901
      (C) 843-524-8404
    • Bob Arundell vice chairman (District 2)
      198 Woodlake Villas, Hilton Head, S.C. 29926
      Home: 681-8502; work: 7855-8040; fax: 785-3056;
    • Joan Deery (District 1)
      5 old Fort Drive, Hilton Head, S.C. 29926
      Home: 681-8968
    • Wayne Carbiener (District 3)
      Home: 843-363-2113
    • Laura Bush (District 4)
      P.O. Box 172, Bluffton, S.C. 29910
      Home: 757-2638; fax: 757-2638
    • Michael F. Rivers, Sr. (District 5)
      734 Seaside Road, St. Helena, SC 29920
      (H) 843-838-2277
      FAX 843-838-1192
    • Earl Campbell (District 6)
      93 Bruce Smalls, Grays Hill, P.O. Box 768, Lobeco, SC 29931
      (H) 843-846-4531
      (C) 843-476-7512
      FAX 843-846-1373
    • Jim Bequette (District 7)
      4 Broomfield Lane 2532, Beaufort, SC 29907
      (H/C) 843-263-8327
    • Herbert Burnes (District 8)
      95 Pine Grove Road, Beaufort, SC 29906
      (H) 843-846-445
      (C) 843-263-2776
    • Ronald Speaks (District 9)
      3121 Palomino Dr., Burton, SC 29906
      (H) 843-525-1163
      (W) 843-525-8277
      FAX 843-525-1163
    • George Wilson (District 10)
      20 Osprey Circle, Callawassie Island, S.C. 29909
      Home: 987-1234; cell: 812-9870
City of Beaufort
Town of Hilton Head Island
  • Town Hall: One Town Center Court, Hilton Head Island, SC 29928; 341-4600
    • Town Council
    • Mayor Thomas D. Peeples
      4 Hartford Place, Hilton Head Island, SC 29928-3922
      Home: 686-4138; office: 681-2600; fax: 689-3229
    • Bill Ferguson (Ward 1)
      634 William Hilton Parkway, Hilton Head Island, SC 29928
      Home: 686-2863
    • William Harkins (Ward 2)
      3 Old Fort Lane Hilton Head Island, SC 29926
      263-3261 - cell
    • Drew A. Laughlin (Ward 3)
      5 McIntosh Road, Hilton Head Island, SC 29928
      Home: 689-5723; work 689-5700; fax 689-9300
    • John Safay (Ward 4)
      19 Starboard Tack, Hilton Head Island, SC 29928
      Home: 785-4489; work: 785-4696; fax: 785-4696
    • George Williams (Ward 5)
      8 Braddock Cove, Hilton Head Island, SC 29928
      Home: 363-6601; fax: 363-6604
    • Ken S. Heitzke (Ward 6)
      3 Audubon Place, Hilton Head Island, SC 29928
      Home: 681-8182; fax: 681-9864
Town of Bluffton
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