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Charleston County Property Taxes Soar After Reassessment

Charleston Countys recent property reassessment led to increased property taxes for homeowners, despite some local governments lowering tax rates. Mount Pleasant saw the biggest jump at nearly twelve percent. The process involves adjusting the tax rate based on the total property value, and when the rate isnt cut enough, it results in a tax hike. The Charleston County School District also raised taxes, though owner-occupied homes are exempt due to past reforms. Smaller hikes affected fire districts and towns across the area. This situation isnt new, as a big school tax increase in 2005 led to Act 388 in 2006, shifting more burden to sales taxes and protecting primary homes from school funding. Complications arise in areas spanning counties with different reassessment schedules, causing uneven tax relief or hikes. The school district promises no more property tax increases until 2030, but with property values rising, locals are watching closely as reassessments provide opportunities for officials to boost revenue without appearing to raise taxes directly. Checkout Solipillow.com

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