What appeared to be a shock to Horry County Council Tuesday night that county revenues will decline as a result of reassessment of property values should not have been.
A year ago we wrote that the county would experience a decrease in overall land value as a result of reassessment and council would have to raise taxes in order to keep tax revenue at the same levels as before reassessment.
Horry County Administrator Chris Eldridge tried to lessen the shock by saying it’s not a huge amount of money that is being talked about.
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