On the agenda: Conway Administration Committee - Jan 27, 2026 — License Plate Recognition (Jan 27)

Tyler Servant-Chairman
Cam Crawford
Danny Hardee
Gary Loftus
Michael Masciarelli
Johnny Gardner

ADMINISTRATION COMMITTEE AGENDA
Tuesday, January 27, 2026 – 1:00 P.M.
County Council Conference Room

I.
II.
III.
IV.
V.
VI.

Call to Order
Invocation
Pledge of Allegiance
Public Input
Review and Approval of Agenda Contents
Approval of Minutes – December 2, 2025 Pages 3-10

VII.

New Business:
A. Council on Aging Update
B. Financial Update – December 2025
C. Administrator’s Contingency
D. Independent Audit Review
* Action to Delegate Auditor
E. Audit Charter Review
F. GFOA Triple Crown Award
Actions:
A. A Resolution to Designate a Project Under the Horry County
American Rescue Plan Act Framework
B. A Resolution Directing the Administrator to Pursue a Request
for Congressionally Directed Funding of Certain Projects in
Horry County.
C. A Resolution Authorizing the Use of Virtual Meetings for the
Horry County Library Board of Trustees.
D. Authorizing The Issuance And Sale Of Not Exceeding
$5,000,000 General Obligation Bonds, Series 2026, Or Such
Other Appropriate Series Designation, Of Horry County,
South Carolina; Fixing The Form And Details Of The Bonds;
Authorizing The County Administrator Or His LawfullyAuthorized Designee To Determine Certain Matters Relating
To The Bonds; Providing For The Payment Of The Bonds And
The Disposition Of The Proceeds Thereof; And Other Matters
Relating Thereto.
E. An Ordinance to Amend the Fiscal Year 2026 Budget
Ordinance Number 39-2025, Section 1 So as to Recognize
Various Additional Revenue and Expenditures
F. Community Benefit Fund Request

VIII.

IX.

Elaine Gore
Jamie Norman
Jamie Norman
Jamie Norman

Pages 11-18
Pages 19-20
Pages 21-23

Jamie Norman
Shannon Todd

Pages 24-30

Beth Tranter

Pages 31-34

Beth Tranter

Pages 35-36

Shannon Todd

Page 37

Jacob Mitchell

Pages 38-53

Jamie Norman

Pages 54-55

Ashely Carroll

Pages 56-81

ATTACHMENTS (for information only)
•
County Council Expenses
•
County Council Community Benefit Funds
•
Interim Financial Statements, November and December 2025
•
Airport Financials
•
NESASC Q3 Quarterly Report 2025
•
United Way of Horry County 211 Monthly Report (November & December 2025)

•

X.
XI.
XII.

Coastal Carolinas Association of Realtors
▪ Market Monthly Update (November and December 2025)
▪ Local Market Update All Cities (November and December 2025)

Old Business
Executive Session: If Necessary
Announcements – Next Meeting Date March 24, 2026
ADJOURN
January 23, 2026
Shannon Todd, Asst. County Administrator/Administration
January 23, 2026
Barry Spivey, County Administrator
January 23, 2026
Tyler Servant, Committee Chairman

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MINUTES
HORRY COUNTY COUNCIL
Administration Committee Meeting
Council Conference Room
December 2, 2025
1:00 p.m.

MEMBERS PRESENT: Tyler Servant, Dennis DiSabato, Mark Causey, Danny Hardee, and Johnny
Gardner
MEMBERS ABSENT: Al Allen
OTHERS PRESENT: Gary Loftus, Ashley Carroll, Barry Spivey, Shannon Todd, David Gilreath, David
Jordan, Samantha Wallace, Thomas Bell, and Adrianna Seals.
In accordance with the FOIA, notices of the meeting were provided to the press stating the time, date,
and place of the meeting.
CALL TO ORDER: Chairman Servant called the meeting to order at approximately 1:00 p.m.
INVOCATION: Chairman Servant gave the invocation.
PLEDGE: Chairman Servant led in the pledge of allegiance.
PUBLIC INPUT: None
REVIEW AND APPROVAL OF AGENDA CONTENTS: Mr. DiSabato moved to approve the agenda
contents, seconded by Mr. Hardee. The motion passed unanimously.
APPROVAL OF MINUTES: October 28, 2025: Mr. DiSabato moved to approve the minutes as
submitted, seconded by Mr. Causey. The motion passed unanimously.
NEW BUSINESS: None
Independent Auditor Required Communications (Grant Davis) Mr. Davis stated, I’ve got a
presentation here just to go through these required communications at the conclusion of our audit. Just to
give you a brief timeline of the matters pertaining to the audit, I was here to discuss the audit itself back in
June, just to keep you all informed of where we are, which was basically nowhere at that point. We had
really not started, we had done some preliminary work which is customary but throughout the ensuing
months after June 30th, the year end, we conducted our audit procedures and have issued our opinion
and it was dated in November, right before thanksgiving and I see in front of you you’ve got this big
beautiful document that’s nearly 400 pages. I was sick of looking at that thing by the time thanksgiving
rolled around. It’s quite an undertaking as I’m sure you can imagine. But again, I’m happy to be here to
communicate the results of our audit and to talk about the things that we are required to talk about. A little
bit unique in this year, and I’ll touch on this in a minute, and you’ll see even here, this third bullet, the
Status of the Federal Single Audit, that’s a little unique, and I’ll leave that as a cliffhanger for the moment,
but again, just some, for the baseline of what I’m going to speak about here for the next few moments. I
will read this to you; this is just information about who we are as a firm. Needless to say, it’s a significant
portion of what we do as a firm and it’s really all I do, so you can kind of congratulate me or pity me,
however you may feel about that, but working with governments is all I do year-round. Here we get the
results of the audit and if you happen to be flipping around in the book itself, you’ll notice right at the
beginning of the document that we’ve included our independent auditory report. It goes on for three
pages, I think, but in any event, first page, second paragraph is our opinion on the financial statements
and it’s an unmodified opinion or a clean opinion, I think I’ve said this before, but unmodified is really not

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glamourous language, but it’s really the only acceptable result in a financial statement. A clean opinion on
the financial statements, and you can read throughout our acronyms, as to the auditing standards that we
are required to follow and that we did follow, relative to the performance of our audit. The last bullet
section on this slide refers to, this report is what we call our yellow book report. This is a report on internal
controls and compliance over laws, regulations, and agreements, things of that nature, and this is going
to feed into this federal single audit that I was going to speak to in a moment, but historically there’s been
a section within the act itself called the compliance section, and within that section we would have this
yellow book report that’s referred to here and then a report on compliance that’s specific to federal
awards. This year was a unique year in that the federal government published annually a document that
they call the compliance supplement, and it is the audit guide for how they want auditors to perform
federal single audits which again are just compliance audits. And just so you are all aware, if you’re not,
anytime or any fiscal year in which you expend over $750,000 in federal money, it triggers the compliance
audit. The federal government comes out with this compliance supplement each year in typically May or
June. This year we didn’t get a draft until August and we’re still waiting for a final. What we’ve done is
we’ve conducted the single audits using the draft but we’re not able to issue our final report on
compliance until we have the final document. We think that will be at any time, so I don’t think there is
going to be a significant delay, but you will notice, when that may by, I’ll tell you some of that, you’ll
probably notice now, but there’s that compliance section is missing but the yellow book report is available
to be issued it’s just not appropriate to be issued aside from the single audit report. So within that this
single audit report is not designed to offer an opinion but just to say that as a part of conducting our audit
in accordance with government auditing standards have we identified any material weaknesses or
significant deficiencies in internal controls or any instances of non-compliance that are material to the
financial statements we’re required to communicate that to you all, and I’m happy to say, as you can read
there, that there are no, or we noted no material weaknesses or significant deficiencies in the internal
controls and we noted no instances of non-compliance. This is basically, again, I’ve already spoken to the
status of the federal single audit but ultimately, we’re going to be auditing three, what are called, major
programs, and you can see, I’ve listed those out in their dollar amounts this year to get us the required
coverage. We have to have a certain percentage of federal awards that we audit to get a certain amount
of coverage and no issues to date through the conduct of those single audits. And again, that final report
is pending. Here we get to the fun part, for me anyway. The required communications. I certainly won’t
read all of this to you, but a few things just to note. Two new accounting standards were implemented in
fiscal year 25, one was called GASB Statement 101, the other called GASB Statement 102. Both had an
impact on the financials, but I will say they didn’t have, at least in my view, did not have a significant
impact on the financial side. Just to highlight that there were two new accounting standards and of course
you all are probably used to that. GASB’s have been very active for the last fifteen years in issuing new
standards so it seems like every single year we have one or two new statements to adopt and changes to
make relative to those. I think this is probably needless to say, but the financial statements include a
variety of estimates. Our job is to evaluate those estimates through what I call inputs and outputs, so the
information that is used to develop those estimates is what we audit and of course, in order to issue our
opinion, we feel comfortable with those estimates. Certain examples of those being things like the useful
lives of assets, the discount rate at which the pension liabilities reported, the allowance of uncollectable
receivables, things of that nature and those types of estimates. The footnote disclosures just seem like
they go on and on and on and on and on, if you’re going through the document, and that’s normal for
government financial statements. But I will say, not a lot has changed in terms of the format. Certainly,
numbers have changed, dates have changed, but if you open up this year and compare it last year, you
won’t see a wide variety of changes in the way those are laid out and the information that’s ultimately
being communicated. I’m happy to say we had a great relationship with management throughout the
conduct of the audit, which is obviously essential. We didn’t have any disagreements with management,
we requested ultimately records and received, requested and received representations from management
relative to the completeness, the accuracy, and the sufficiency of the data that we requested in order to
conduct the audit. We had no past adjustments, and I’ll explain that for just a moment. There are certain
times where we can identify something that needs to be corrected and pass on doing so from a
materiality perspective. If we have any of those, we’re required to communicate that to you and I’m happy
to say that we didn’t identify anything that needed to be adjusted and then pass on doing so throughout
the financials there. The only thing I’ll mention here is just auditor independence. We’re required by our
professional standards to be independent of Horry County and we are. I always just like to highlight that

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just so everybody remains aware. This is just some kind of brief financial highlight. This is maybe even
over 100,000-foot view, again this is nearly a 400-page document. You could spend as much time as you
wanted to go through this. But I thought I’d just highlight a few things. This is the, what we call the
government wide balance sheet, basically. In the governmental world it’s called the Statement of Net
Position. This is again, high-level view, which you can see. I won’t read this to you, but I will just point out
your net position there that’s equity in the governmental world, $2.8 billion, and I’ve just given some
highlights. You can see within assets, if you do the math, there are more than just cash investments and
capital assets that make up assets, things of that nature, but just some big-picture highlights there on the
balance sheet. That’s all funds, all activities on a full accrual basis of accounting. This may be little hard to
read on the screen. At least it is from back here, but this is just the composition of your revenues for fiscal
year 25 as compared to fiscal year 24. Again, all funds, all activities, the big blue bar is taxes of all types,
followed by fees for services, intergovernmental revenues and so forth. I’m a chart guy, I don’t know why
that is, but they’re helpful for me to look at, so I give them to you all. This is the same concept,
expenditures, all funds, all activities. The big orange slice is public safety, which is normal. For county
governments, that’s what you would anticipate seeing. These are just the numbers from those charts.
You’ve got total revenue of $875 million versus expenses of $592 million, gives you an increase in your
equity position of $283 million, and as I mentioned a moment ago, your ending equity was $2.8 billion, all
funds, all activities. This is just the general fund, so a little bit change in concept here, just looking at the
general fund. You can see its balance sheet here. Another thing I’ll mention here is the fund balance
portion. Fund balance at $203 million, $132 million of that is committed, so that’s committed by a formal
action of the County Council. $69 million is unassigned, which is basically fund balance that’s available
for appropriation that’s not committed, restricted, or assigned in some manner. I’ve flipped briefly to look
at your expenditures; you can see that second bullet there. Total expenditures $242 million, I’ll go back
for just a second, if I can. If you take those $242 million in expenditures and just divide that by twelve
months, that gives you the figure of the general fund spending about $20 million a month. If we compare
that to unassigned fund balance and total fund balance, at $20 million a month, you could operate for
about ten months on fiscal year 25 spending without taking in another dollar. That’s again, total fund
balance. If you break that down a little further, to unassigned, it gives you about 100-days of fund balance
on-hand on June 30, 25, again, unassigned at fiscal 25. The concept here is, if you didn’t take in another
dollar past June 30, 25, you could operate, depending on which fund balance you look at, but
unassigned, you could operate for about 100-days. The income statement here, change in the fund
balance of the general fund is a $42 million increase. You can see kind of high-level composition of that
change there. Last few things that I’ll mention here, like I mentioned earlier, with the new GASB
pronouncements. The GASB is going to continue to be active. We’ve got two new standards for 26
coming up, that we won’t worry about right now. But just to get that on everybody’s radar and then you
can see the projects down below that the GASB’s considering. Haven’t gotten a formal standard yet, but
new things on the horizon relative to those matters. I won’t spend any time here, other than to say we
offer a variety of governmental advisory services, and that’s what this slide is about, in the event anybody
is ever interested in any of that action. Otherwise, I can go all the way to my last slide now and be happy
to answer any questions. Before I do that though, I do want to just commend all the county’s management
and staff, Barry, Shannon, Jamie, Pam, Betsy, all those who are involved in the preparation of the
document, getting us all the information. You’re one of the first counties to issue financial statements
every year. I think you should just, I hope you feel like you can be proud of the people who are doing all of
this work and ultimately coming up with the huge document that is full of helpful information and acts for
above and beyond financial reporting. This is not something the act for itself includes elements that are
not required by state law, this is really above and beyond financial reporting that the county has done and
has been doing for a long time. I just want to commend them for all of their efforts. I will be happy to
answer any questions if there are any. Mr. DiSabato stated, I’m just curious, this could be disseminated to
us, because this sort of breaks down this. Chairman Servant stated, and just for the people back home,
the committed part is unreserved balance. Mr. Davis stated, right. Chairman Servant stated, as we require
by county ordinance, so it’s really reserved funds. Thank you, I appreciate it Grant, good job.
Financial Update – October 2025 (Jamie Norman) Ms. Norman stated, today we’re looking at financials
for month ending October 31st. Looking at revenues across all funds, we’re at $88 million, 65% of which is
coming from the general fund. Looking at expenditures across all funds, we are almost $111 million with

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76% of expenditures in the general fund. Looking at the general fund, we have revenues of $57.2 million,
which is 20% of the annual budget. We would expect to be around the 33% mark, but as I mentioned in
prior months, the property tax revenue will start coming in in that Dec/Jan time period. Our expenditures
are at $84.2 million, which is almost 29% of the budgeted amount. General fund total actual revenues are
.6% higher than prior year, and total actual expenditures are 9.1% higher than prior year. Looking at
general fund revenues a little more closely for the month end of October. Vehicle taxes, register of deeds,
and interest are all performing better than expected for this point in the fiscal year. Looking at
expenditures in the general fund. All categories are performing as expected for this point in the fiscal
year, with personnel costs at 28% of the budget and contractual services are slightly higher than
expected which I mentioned in the past, because we pay those service contracts early in the year.
Looking at special revenue funds. Fire fund, revenues are at 15%, expenditures are at 27% and there’s a
net change in fund balance of $5.4 million. Road maintenance fund, revenues are at 38.5%, expenditures
are at 10%, with a net change in fund balance of $4.6 million. Beach renourishment fund has a net
change in fund balance of $5.5 million with very few expenditures thus far in the fiscal year. Continuing
with special revenue funds. Stormwater fund has a net change in fund balance of $30,000. Recreation
has a net change in fund balance of $344,000. Waste management recycling fund has a net change in
fund balance of $565,000. All these are performing as expected and we’ll see those revenues increase in
the December/January time period.
ACTIONS:
A Resolution to Revise the Horry County Employee Guidelines (Patrick Owens) Mr. Owens stated,
in the June Administration Committee meeting when we had our last revisions, I mentioned then that we
would probably be bringing back some more that we’ve been reviewing over time and that is what is
before you this morning and we hope that you will consider them. The three areas we’re looking at are a
conversion of our leave time, some additions, and you’ll understand what I mean that they’re not so new.
Any time we have the opportunity to make things a little clearer or simpler, we always do and we have
some clarification points as well that we’ve added. The first section, section one, are general guidelines
apart from the clarification and the confidential information. We would like to add two new sections.
They’re not really new though, both of them have been around since 2016 as administrator policies and
they’re located on our café at the moment. The first one, the covert and secret monitoring recording has
been in place since 2016. It is put in place with the intent as employees would not work in an environment
where they felt intimidated or scared to speak freely and communicate freely without someone secretly
recording them. It proved to be useful in certain situations. We want to make this a part of the regular
guidelines that council approves. We also would like to add our hiring and selection guidelines, that have
also been around. Just a brief history. We had hiring procedures in our guidelines from 97 to about 2005.
Of those guidelines that were procedures at the time, proved to be inflexible and not very department
friendly, especially for Public Safety. In fact, it slowed down hiring which was a goal to make the best
hiring as fast as possible. We took it out at that time and spent time over the years refining them. By the
time we got to 2016, and since then, almost ten years, we’ve locked into some procedures that seem to
be flexible enough for everyone, and also, importantly, complies with EEOC requirements. We’d like to
make them a part of our employment guidelines that council approves. Section four. I’ll give you a brief
history, hopefully I won’t be too confusing with this. The vacation and sick leave program that we use now
was actually in place from 1997 until 2003. From probably 2001 up until 2003 we did studies, we met with
groups of employees, and we came up with converting our vacation and sick to one paid time off bank,
which proved to be more flexible for employees. It proved to be more administratively easy for our
managers. In 2015, the administrator at that time wanted to go back to our vacation and sick leave and
that’s how we got to where we are now. We are proposing that we go back to that one paid leave thing.
Mr. DiSabato stated, I was just curious what the purpose of the change was, from the administrator’s
standpoint. Mr. Owens stated, I don’t know if I can intelligently explain it. It had to do with the amount of
leave, which is not going to change. What I said at the time is that it doesn’t really matter what leave plan
an organization uses. It matters how it is implemented and how it’s led, how it’s managed. Managers
need to know how to say “yes” to leave requests, but they also need to know how to say “no”. That

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guideline was literal with language saying this is a gift, this is a benefit that the county doesn’t have to
provide and it’s only used when it doesn’t impend on business purposes. It boils down to it really doesn’t
matter what you use, it’s a benefit many organizations use. It helps us remain competitive, but that was
my response to the change. It’s a shell game, basically. Vacation and sick are just paid leave to use for
those purposes. I’ll add another thing, the idea in the majority of the leave that our employees earn is
really, there’s no expectation that you’re going to take four weeks off a year. One week, two weeks, that’s
the industry standard. The additional that they earned that was in sick leave. The purpose of that is to
provide them with a short-term leave policy in case of FMLA or serious sickness. What we did when we
went to the vacation and sick, we were also required to go out for a ROP to solicit a vendor to provide
short term disability policies that our employees paid for at that time. That’s the short story, it’s probably
not accurate completely because I don’t recall all the details. I just remember my part in it at that time. A
couple of notes. If we do approve this, there’s some language we didn’t want to provide the whole
strikethrough language, but we would have to change some language that references vacation and sick
and would change that to paid-time-off where appropriate. The effective date would actually be January
because we are already in December for those accruals and it will give us time to shift over in the system.
Chairman Servant stated, what’s the financial implication of this? Mr. Owens stated there is one addition
to it. I’ll defer to the financial people on that. That was requested to add into this is that there are a little bit
larger leave-time payouts when someone separates from the county, retires, or quits, and those were
added to the public safety because they earn more. But as far as the cost I’ll defer it to finance. Ms. Todd
stated the payouts will be larger for those departments that carry a larger vacancy variance so we’ll
change to the budget. The accrual rates are the same as we accrue now, it’s just in one instead of two.
Chairman Servant stated, so what’s the net change in the plan? You just line-item it out and isolate it in
the budget, what’s the change? Ms. Todd stated, there would be no change. Chairman Servant stated,
not with any vacancy variance. Ms. Todd stated, I’d have to pull the actual numbers, but there would be
no significant change. Mr. DiSabato stated, we’re just calling it one instead of another. Ms. Todd stated,
yes. Mr. DiSabato stated, I guess I’m just having a hard time wrapping my mind around why the change
occurred to begin with. I know you can’t really answer that. Was there a financial aspect? Chairman
Servant stated, Barry, can you give us some insight on this since you were here at that time? Mr. Spivey
stated, yes sir. What did occur at that time, there was thought that there was some abuse of the pay
system, of the leave system that we had. Mr. Gardner stated, we had people scheduling sick time off for
next month. Mr. DiSabato stated, so the administrator decided to change it to a PTO basis? Mr. Spivey
stated, yes, split the two into sick and vacation. In an attempt to have more people on the job, and people
taking less time off. Mr. DiSabato stated, and now we’re going back to… Mr. Spivey stated, a combined
pool. Mr. DiSabato stated, well then, isn’t that going to result in the same abuse? Mr. Spivey stated, I
would say we have people that always abuse leave policy. If you look at the system we have today, you
will find people that have zero vacation and zero sick time, and they’ve been here more than 30 days.
That’s going to happen, that’s a management issue, that’s not a procedural or policy issue, that’s more of
a managerial issue. Mr. Owens stated, and to be frank and candid, I never saw the evidence that there
was any abuse in that system comparative to this, because we were in this system from 97 to 2003. I will
tell you, being in that system, what I did observe is everybody, and at that time and the first time we were
in this system we what would see because we ran a report. It was hard to run, it was in AS400, but what
you would see largely in a lot of departments is all of their sick leave would be zero and their vacation
would be maxed out. At that time when they left because vacation is designated as a real wage unless
you put parameters on it, we paid out a total of 240 hours whether you were here for five years or whether
you were here for twenty-five years. When we changed to the paid-time-off knowing that if we put in
parameters which is exactly what I did at that time. If you were here from zero to five years the maximum
payout you got of that big bank, eighty hours, and we added forty hours… Mr. DiSabato stated, so why
are we changing it? Mr. Owens stated, why are we changing it back to the pool? For two reasons, it
reduces the administrative, this is what departments said when we asked them, it reduces the sick leave
police. Manages being sick, having to confirm whether it’s sick, because sick, because sick leave notices
are easily gotten. Chairman Servant stated, the only problem I have with this is just the fact that we didn’t
have this soon enough to look at it. Mr. Owens stated, and that’s completely fair. Chairman Servant
stated, because it wasn’t in the packet and really, we’d just like to see the financial implication of it before
making a recommendation. Mr. DiSabato stated, we’ll move to defer to the next Admin meeting, or does it
need to be done by a certain date? I guess I’m having a hard time understating, it sounds to me like we’re
going back to a policy that, one, could be more expensive and, two, can be more easily abused and I

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don’t know that that’s a great idea. Unless there’s any disagreement with that part with any committee
members, but it certainly, I think, needs to be investigated a little bit more. Chairman Servant stated, any
other comments from the committee? Mr. Gardner stated, I think he’s right, a little more time to look at it if
we’re not under a time limit. Mr. Owens stated, no sir, take as much time as you need. Mr. DiSabato
moved to defer. Chairman Servant stated, do you want to defer all of the revisions until then? Or just the
lead part? Mr. DiSabato stated, probably just the lead part, unless the chairman has a different. Chairman
Servant stated, I don’t have a problem with that. Are you done with your presentation? Mr. Owens stated,
there’s one more section. The final section is, under ethics we’ve added some reporting requirements.
For those relationships that go beyond the normal working relationship and environment. Chairman
Servant stated, so Dennis, do you want to amend your motion to just pull out the paid leave and then
advance everything to full council? Mr. DiSabato stated, yes, I’d like to amend the motion to just
defer the portion of policy change that refers to PTO and paid leave and leave the remaining
portions to advance to council, seconded by Mr. Causey. The motion carried unanimously. Mr.
DiSabato stated, then we have to vote on the policy as amend with the deferment taken out. Chairman
Servant said back to the original motion as amended. Mr. DiSabato move to approve. The motion
carried unanimously.
A Resolution Authorizing the Payout of Remaining Covid-19 Leave Bank Hours Established Under
the 2020 Covid-19 Guidelines (Shannon Todd) Ms. Todd stated, back in 2020 we gave out 80 hours of
Covid leave that Council approved. At the end of 2020 we did pay out half of that at full rate and left the
remaining balances there indefinitely with no expiration date. Five years later we still have people carrying
balances here. If we do consolidate to one bank we would need to clear these out. So, this resolution
would approve a one-time payout for all remaining balances in the full rate of employees pay to near what
we did back in 2020 and to make this bank obsolete. Chairman Servant stated, how much money is in the
bank? Ms. Todd stated it would cost about $380,000. Mr. DiSabato stated, and it must be paid out? It
can’t be reallocated. Ms. Todd stated it would consolidate to one bank. We cannot get rid of it. Chairman
Servant stated, should we roll this over with paid leave? Ms. Todd stated this was to offset the
administration of one bank. Chairman Servant stated motion to defer this to the next admin meeting. Mr.
DiSabato moved to approve, seconded by Mr. Hardee. The motion carried unanimously.
A Resolution to Award Horry County Home Consortium Funding (Beth Tranter) Ms. Tranter stated,
as you know, Horry County receives HUD HOME investment partnerships funding as part of our HUD
entitlement and this a three-county program. We run it here in Horry County, but it includes programs in
Georgetown County and also funds programs in Williamsburg County. On September 25th, 2025, we
released a request for proposals for home funding, and the applications were due on October 30th of
2025. We received three applications and a review of applications was completed. The review committee,
including representatives from the three counties, reviewed and approved the recommendations to
award. So, you have before you recommendations for funding. This includes an award of $400,000 to the
Eastern Carolina Housing Organization of tenant-based rental assistance that is designed to benefit fifty
households. We also have a proposed award to Habitat for Humanity of Horry County. This is for Silver
Creek Affordable Townhomes. This was a parcel that was purchased through ARPA funding, through that
ARPA award. Now they’re going to build affordable housing on that with this home award. It would be
$360,000 for six units; that’s $60,000 of home funding per townhome and a $1.5 million total project cost.
We also are recommending a Habitat for Humanity of Georgetown County award called Habitat on
Hawkins. The total award of that would be $260,004 for two units, that’s $130,002 per unit, for a $347,174
total project cost. We appreciate your consideration of the recommendations. Mr. DiSabato moved to
approve. The motion carried unanimously.
A Resolution Recognizing Marilyn Hatley, The Long-Serving Mayor of the City of North Myrtle
Beach, for a Career in Public Service, Leadership, and Conservation in Horry County (Johnny
Gardner) Mr. DiSabato moved to approve. The motion carried unanimously.
A Resolution Recognizing Brenda Bethune, Mayor of the City of Myrtle Beach, for Dedicated
Public Service, Leadership, and Preservation in Horry County (Johnny Gardner) Mr. DiSabato
moved to approve. The motion carried unanimously.

Page 8 of 234

Page 9 of 234

A Resolution to Authorize an Increase in Jury Pay and Mileage Reimbursement Rates for Jurors in
Horry County (Shannon Todd) Ms. Todd stated, this resolution authorizes an increase. Current rate is
$15 per day and that’s been in place for at least thirty years. We were not able to track back the start
date, but we know it’s been at least since the 80’s. We are proposing to increase that to $25 per day
which is approximately a 67% increase and do the same with mileage reimbursement of 67% increase.
We have sufficient funds in the current account and the other magistrates accounts to cover this in the
current budget and will continue to look at these going forward looking forward, looking to increase it in a
couple years. Chairman Servant stated, that lines up with Charleston County and Richland? Ms. Todd
stated, not close, but we’re getting there. Mr. DiSabato stated, what are those. Ms. Todd stated, I can pull
them, I don’t have them. Ms. Renee, do you happen to know how much Charleston is paying their jurors?
Ms. Elvis stated, I think they’re paying $25, but I won’t swear to that. Some counties are. Some counties
are paying up to $30 but they don’t pay mileage and then some counties are paying less than we are. We
don’t want to talk about that. Mr. DiSabato moved to approve, seconded by Mr. Causey. The motion
carried unanimously.
A Resolution Amending Resolution R-27-2025 to Revise the Inter-Fund Loan Structure for the
Eagle Trace Special Tax District (Shannon Todd) Ms. Todd stated, earlier this year we passed this
resolution for the Inter-Fund Loan. At the request of the community, this project has now been delayed for
one year. With that we would like to chang the way this draw works and make it a draw-down structure so
therefore their funds will remain available as they’re needed but interest will only accrue and payable on
the amounts actually drawn rather than the full loan amount. Mr. DiSabato moved to approve. The
motion carried unanimously.
Community Benefit Fund Request (Ashley Carroll) Ms. Carroll stated, the first one we have today is
Love 4 Paws Rescue, funds will be used to provide veterinary care and pet food donations to individuals
needing assistance. It’s a total of $4,000 in combinations from Districts 1,3,4,6,9,10, 11, and the
Chairman. The next one is for the Coastal Carolina Sertoma, funds will be used to take underprivileged
kids school shopping for Christmas. Purchases usually include items like shoes, clothing, coats, and toys.
It's a total of $7,000 in combinations from Districts 1,3,6,8,9,10,11, and Chairman. The next one is for the
American Legion Post 40, funds will be used to help support their annual SC Palmetto Boys and Girls
State Program, to purchase equipment to help maintain the exterior of their post, and to help support
Nardmoor House, which is a mission to assist homeless veterans. Total of $4,000 in combinations from
Districts 3,6,8, and the Chairman. The next one is for Tidal Paws Animal Rescue, funds will be used to
pay for vet care and supplies for the animals that they assist. A total of $2,000 from District 8. Then were
up to All 4 Paws, funds will be used to provide operating support to include food, shelter, and supplies.
$2,000 from District 8. Kind Keeper, Inc., funds will be used to provide veterinary care and rehabilitation
supplies. $2,000 from District 8. The final one today is Beach Ball Classic, funds will be used to assist
high school teams with travel and transportation to and from the event. $15,000 from District 4. Mr.
DiSabato moved to approve. The motion carried unanimously.
ATTACHMENTS (for information only)
County Council Expenses
County Council Community Benefit Funds
Interim Financial Statements, October 2025
Airport Financials
United Way of Horry County 211 Monthly Report (October 2025)
Coastal Carolinas Association of Realtors
Market Monthly Update (October 2025)
Local Market Update All Cities (October 2025)
2025 Profile of Home Buyers and Sellers
OLD BUSINESS: None

Page 9 of 234

Page 10 of 234

EXECUTIVE SESSION: None
ANNOUNCEMENTS: Next Meeting Date TBD.
ADJOURN: Mr. DiSabato made a motion to adjourn and it was seconded. The motion passed
unanimously, and the meeting adjourned at approximately 1:40 p.m.

Page 10 of 234

Page 11 of 234

Horry County
Monthly Financial Report
For the Month Ending
December 31, 2025

January 27, 2026

1
Page 11 of 234

Page 12 of 234

Executive Summary Revenues by Fund Type

2
Page 12 of 234

Page 13 of 234

Executive Summary Expenditures by Fund Type

General Fund

Expenditures by Fund Type
11.86%

Fire

4.25%

Road Maintenance &
CTC

Totall

$169,746,526

Stormwater

3.41%

Recreation

2.01%

74.95%

Waste Management
Recycling

3.52%

3
Page 13 of 234

Page 14 of 234

Executive Summary General Fund

General Fund

Annual Budget

YTD Actual

% Completed

Rev enues

$288,566,745

$162,796,850

56.4%

Expenditures

293,514,733

127,189,713

43.3%

Excess (deficiency) of rev enues
ov er (under) expenditures

(4,947,988)

35,607,137

Other Financing Sources & (Uses)

(16,295,114)

(6,368,032)

Net Change in Fund Balance

(21,243,102)

29,239,105

Fund Balance, July 1

202,889,513

Fund Balance, December 31

$232,128,618

39.1%

YTD Actual
12/31/2025

YTD Actual
12/31/2024

Variance

% Variance

Revenues

$162,796,850

$115,556,498

$47,240,352

40.9%

Expenditures

$127,189,713

$111,780,740

$15,408,973

13.8%

Other Financing Sources & (Uses)

($6,368,032)

($8,903,394)

($2,535,362)

-28.5%

▲
▲
▼

4
Page 14 of 234

Page 15 of 234

Executive Summary General Fund Revenues

5
Page 15 of 234

Page 16 of 234

Executive Summary General Fund Expenditures

6
Page 16 of 234

Page 17 of 234

Executive Summary Special Revenue Funds

Fire

Annual Budget

YTD Actual

% Completed

Revenues

$44,526,778

$28,993,340

65.1%

Expenditures

47,863,210

20,121,263

42.0%

Other Financing Sources & (Uses)

1,448,157

1,049,048

72.4%

Net Change in Fund Balance

(1,888,275)

9,921,125

Road Maintenance & CTC

Annual Budget

YTD Actual

% Completed

Revenues

$23,928,297

$12,564,864

52.5%

Expenditures

43,198,356

7,209,184

16.7%

0

0

0.0%

(19,270,059)

5,355,680

Annual Budget

YTD Actual

% Completed

Revenues

$5,305,250

$5,260,120

99.1%

Expenditures

11,809,876

48,843

0.4%

Other Financing Sources & (Uses)

1,490,000

444,631

29.8%

Net Change in Fund Balance

(5,014,626)

5,655,908

Other Financing Sources & (Uses)
Net Change in Fund Balance

Beach Renourishment

7
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Page 18 of 234

Executive Summary Special Revenue Funds

Stormwater

Annual Budget

YTD Actual

% Completed

Rev enues

$17,878,150

$13,395,346

74.9%

Expenditures

24,303,309

5,781,316

23.8%

20,000

(19,750)

-98.8%

(6,405,159)

7,594,280

Recreation

Annual Budget

YTD Actual

% Completed

Rev enues

$11,630,687

$5,851,685

50.3%

Expenditures

10,696,959

3,417,828

32.0%

Other Financing Sources & (Uses)

(1,144,000)

(323,500)

28.3%

Net Change in Fund Balance

(210,272)

2,110,357

Annual Budget

YTD Actual

% Completed

Rev enues

$20,038,401

$13,266,760

66.2%

Expenditures

21,138,314

5,978,379

28.3%

Other Financing Sources & (Uses)

(1,340,000)

(335,000)

25.0%

Net Change in Fund Balance

(2,439,913)

6,953,381

Other Financing Sources & (Uses)
Net Change in Fund Balance

Waste Management Recycling

8
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Page 19 of 234

ADMINISTRATOR’S CONTINGENCY
Period
FY2026 Budget

Description

Amount
$ 150,000

1st Quarter
2nd Quarter

-

Total Spent:

$

-

FY2026 Balance:

$

150,000

Page 19 of 234

Page 20 of 234

County Council Briefing Memorandum
Horry County, South Carolina
Date:
From:
Division:
Cleared By:
Re:

January 21, 2026
Jamie Norman, Director of Finance
Administration Division
Barry Spivey, County Administrator
Shannon Todd, Assistant County Administrator
Administrator’s Contingency Account

ISSUE
Briefing on the use of funds from the Administrator’s Contingency Account during FY2026.
BACKGROUND
The County’s Financial Policy requires reporting on the use of the General Fund Contingency Account.
The table below provides amounts used during the FY2026 budget year for the period July 1, 2025 to June
30, 2026.
Period
FY2026 Budget

Description

Amount
$ 150,000

1st Quarter
2nd Quarter

-

Total Spent:

$

-

FY2026 Balance:

$

150,000

Excerpt from the Financial Policies:
General Fund Emergency Contingency. Administration understands that in order to avoid financial
instability, continuing requirements cannot increase faster than continuing revenues and therefore an
emergency contingency account in the General Fund shall be established each fiscal year during the budget
process. The account will be funded at a level consistent with prior year trends and based on current year
needs.
Expenditures from the General Fund Contingency Account shall be limited to the following:
(a) "One-time only" allocations.
(b) Emergency situations which, if left unattended, will jeopardize the health and safety of the
community.
(c) Unanticipated expenditures that are necessary to keep previous public commitments or fulfill
a legislative or contractual mandate or can be demonstrated to result in significant
administrative or programmatic efficiencies that cannot be covered by existing appropriations.

Page 20 of 234

Page 21 of 234

County Decision Memorandum
Horry County, South Carolina
Date:

January 21, 2026

From:

Shannon Todd, Assistant County Administrator and Ryan Betcher, Assistant Director of
Airports

Division:

Administration

Cleared By: Barry Spivey, County Administrator
David Jordan, County Attorney
Judi Olmstead, Director of Airports
Re:

Audit Firm Designation

ISSUE
The Administration Committee, serving as the Audit Committee for County Council, needs to designate audit
firms for Fiscal Year 2026 prior to July 30, 2026 to comply with state law (§4-9-150).
RECOMMENDATION
Staff recommends the Administration Committee exercise a one-year option for FY 2026 as allowed under its
contract for Mauldin & Jenkins for the Audits of the County and Department of Airports.
BACKGROUND
In 2022, the County conducted a competitive request for proposals (RFP) to identify external auditors for the
County and Department of Airports. An Audit contract was awarded to Mauldin & Jenkins. The contract
specified the firms would audit Fiscal Years’ 2023, 2024, and 2025. Included in the contract, at the discretion
of the County, was the ability to exercise two one-year options for Fiscal Years 2026 and 2027.
Section 4-9-150 of the South Carolina Code of Laws requires a county to select an auditor no later than 30
days after the start of a particular fiscal year. This consideration of extension of the existing contracts is
scheduled at this meeting to allow sufficient time for a RFP if the extension option were not exercised.
Fees for option years ended June 30, 2026 and June 30, 2027 will increase by the lessor of the percentage
increase in CPI or 3.0%. Changes in scope or non-audit services (excluding internal audits) are approved by
the Committee. Staff is recommending exercising the option for Fiscal Year 2026 as proposed.
Recommendations on conducting a new RFP for Fiscal Year 2027 will be presented to the Administration
Committee in late 2026 as part of the evaluation required by the Audit Committee Charter.

Page 21 of 234

Page 22 of 234

Independent Auditor Performance Questionnaire
Comments

Questions for Audit Committee Members
1.

Did the auditor meet with the audit committee when
requested?

Grant Davis with Mauldin & Jenkins met with the Administration Committee on June 24, 2025 to discuss the audit plan
for Fiscal Year 2025 for both the County and Department of Airports. Grant Davis also met with the Administration
Committee on December 2, 2025 to review completion of the audit and required auditor disclosures.

2.

Did the auditor address issues of "tone at the top" and
antifraud programs and controls in place in the
organization?

The Auditors reviewed minutes of Council Meetings, tested internal controls, conducted random and compliance testing
to provide material compliance. Their report indicates appropriate programs and internal controls in place in the County.

3.

Did the auditor inform the audit committee of any risks, of
which the committee was not previously aware?

During the Audit Planning and Reporting to Council, the Auditor provides communication as to their assessment of the
risk environment and extent of reliance on our internal controls. The Client Representation Letter (see auditor
communications from December meeting) reflects detailed communications of risks and managements responsibilities.

4.

Did the auditor adequately discuss issues of the quality of
financial reporting, including the applicability of new and
significant accounting principles?

At the December Administration Committee meeting, the Auditors communicated their assessment of the quality of
reporting and County's participation in the GFOA program for the Certificate of Excellence in Financial Reporting.

5.

Did the auditor communicate issues freely with the audit
committee, or did the auditor seem protective of
management?

The Auditors met with the Committee in December where an open dialog occurred and invitation for questions and
conversation during and after the meeting.

6.

Does it appear that administration exercises undue
influence on the independent auditor?

The Finance department for the County and Department of Airports have the primary responsibility for providing
appropriate and adequate support for the financial results and for completing the financial reporting and audit timely. The
Auditors independently determine the audit procedures, amount of testing, adequacy of controls, and sufficiency of
support. Additionally, the Auditors are engaged/hired by Council and are afforded direct contact and communication with
Council as deemed necessary.

7.

Does it appear that the independent auditor is reluctant or
hesitant to raise issues that would reflect negatively on
administration?

The Auditors provided direct communication to Council which did not include any findings during the Fiscal Year 2025
Audit . This is evidence of their willingness and comfort in communicating openly and evidence of their desire to provide
constructive feedback for improvement.

8.

Is the audit committee satisfied with the planning and The audit meets all professional standards and federal and state guidelines. The auditor has expressed opinions on the
conduct of the audit, including the financial statements and internal control structure and procedures over financial reporting. The County has submitted the financial statements to
the GFOA Certificate of Excellence in Financial Reporting program for FY2025.
internal control over financial reporting (as applicable)?

9.

Review all audit-related and non-audit services conducted During FY2024, Mauldin & Jenkins, with prior approval of the Audit Committee, was engaged to assist in the
by the independent auditor in the prior year. Are you
implementation of GASB 101 for Compenesated Absences - effective date of December 15, 2023.
satisfied that the independent auditor remains independent
and objective both in fact and appearance?
Page 1 of 2
Page 22 of 234

Page 23 of 234

Independent Auditor Performance Questionnaire
Comments

Questions for Audit Committee Members

10. Understand the size of the firm and its
County
Department of Airports
total revenues firm-wide, for the office(s)
FY2025 Audit
$73,500
$28,000
providing a substantial amount of
Fee
services to the organization, and the
book-of-business of the partner-incharge of the audit. Is the firm, the office Fee as % of Firm
0.05%
0.02%
Revenue
or the partner dependent on the
organization for a material percentage of
Fee as % of
its fee income? If so, the audit
<1.00%
<1.00%
Office
Revenue
committee should consider whether this
impairs the appearance of independence
Fee as % of
with respect to the organization.
0.83%
2.18%
Partner in Charge
Revenue
11. a. How is the concurring partner (if applicable)
Concurring Partner not required for engagement. Concurring Partner is used and compensation is based on evaluation
compensated?
by Executive Committee of annual goals and objectives assigned.
b. Is the concurring partner "protected" in the event a tough The firm has procedures to either discuss with the quality control shareholder or the chair of our audit committee if a
call needs to be made?
difference of opinions on anything deemed to be material between the shareholder and the concurring shareholder
occur during the course of an audit engagement.
12. Is the audit committee satisfied with its relationship with the See individual comments below
auditor? In making this determination, the audit committee
should consider
(a) whether the partner-in-charge of the audit participated in The partner-in-charge and managers participated in all scheduled meetings.
audit committee meetings
(b) whether the auditor was frank and complete in the
Auditor communications were delivered directly to the Committee and Council with content meeting all professional
standards.
required discussions with the audit committee
(c) whether the auditor was frank and complete during
No executive sessions requested by Committee, Council, or Auditor.
executive sessions with the audit committee
(d) whether the auditor is on-time in their delivery of
services to the company.
13. Was the audit fee fair and reasonable in relation to what
audit committees know about fees charged to other
companies, and in line with fee benchmarking data the
audit committee might have available to it?
14. Did the independent auditor provide constructive
observations, implications, and recommendations in areas
needing improvement, particularly with respect to the
organization's internal control system over financial
reporting?

Audit and financial reporting was on time.
Horry County procures its Audit services via the use of a public Request for Proposal process. The most recent RFP
was conducted in 2022. This competitive process assures the County receives the best value in services provided.

Based on the independent auditor’s review, no material weaknesses or significant deficiencies in internal control over
financial reporting were identified. Accordingly, the auditor did not issue observations, implications, or recommendations
related to internal control improvements.

Page 2 of 2
Page 23 of 234

Page 24 of 234

County Council Decision Memorandum
Horry County, South Carolina

Date:

January 21, 2026
From:
Jamie Norman, Director of Finance
Cleared By: Barry Spivey, County Administrator
David Jordan, County Attorney
Division:
Administration
Re:
Audit Committee Charter – Government Finance Officers Association (GFOA) Best
Practices
ISSUE
The County Council adopted Resolution R-77-11 approving the Horry County Audit Committee Charter
(Charter) on August 16, 2011 to implement the Government Finance Officers Association “Best
Practice” for establishment of an Audit Committee. Resolution R-14-12 revised the Charter to reflect the
authority of the Administrator, contained in the Financial Policy (Chapter 2, Article V, and Division 5
of the Horry County Code of Ordinances) to engage outside professionals to conduct Internal Audits as
deemed necessary.
The Government Finance Officers Association’s Best Practice – Audit Committees (see attached) was
approved by GFOA’s Executive Board in October 2008 and is the primary source, along with the AICPA
Audit Committee Toolkit, utilized in the drafting of this Charter.
Section D of the Charter provides: the Committee shall review and reassess, at least annually, the
adequacy of this Charter and recommend to the Council any improvements to this Charter that the
Committee considers necessary or valuable.
RECOMMENDATION
Staff has reviewed the Charter and presently is not recommending any modification. It is recommended
that the Committee review and consider any modifications proposed by its members. There presently
have been no modifications in the Best Practice for Audit Committees or additional recommendations
from GFOA.

Page 24 of 234

Page 25 of 234

ACCOUNTING AND FINANCIAL REPORTING

Audit Committees

Establish audit committees, made up of appropriate audit committee members,
that are responsible for review, oversight, establishing procedures, and
providing a written report.
Three main groups are responsible for the quality of financial reporting: the governing
body,[1] financial management, and the independent auditors. Of these three, the governing
body must be seen as first among equals because of its unique position as the ultimate monitor
of the financial reporting process.[2] An audit committee is a practical means for a governing
body to provide much needed independent review and oversight of the government's financial
reporting processes, internal controls, and independent auditors. An audit committee also
provides a forum separate from management in which auditors and other interested parties can
candidly discuss concerns. By effectively carrying out its functions and responsibilities, an
audit committee helps to ensure that management properly develops and adheres to a sound
system of internal controls, that procedures are in place to objectively assess management's
practices, and that the independent auditors, through their own review, objectively assess the
government's financial reporting practices.[3]
GFOA makes the following recommendations regarding the establishment of audit
committees by state and local governments:
•

The governing body[4] of every state and local government should establish an audit
committee or its equivalent;

•

The audit committee should be formally established by charter, enabling resolution, or
other appropriate legal means and made directly responsible[5] for the appointment,
compensation, retention, and oversight of the work of any independent accountants
engaged for the purpose of preparing or issuing an independent audit report or
performing other independent audit, review, or attest services.[6] Likewise, the audit
committee should be established in such a manner that all accountants thus engaged
report directly to the audit committee. The written documentation establishing the audit
committee should prescribe the scope of the committee's responsibilities, as well as its
structure, processes, and membership requirements. The audit committee should itself
periodically review such documentation, no less than once every five years, to assess its
continued adequacy;[7]

•

Ideally, all members of the audit committee should possess or obtain a basic
understanding of governmental financial reporting and auditing.[8] The audit
committee also should have access to the services of at least one financial expert, either
a committee member or an outside party engaged by the committee for this purpose.
Such a financial expert should through both education and experience, and in a manner
specifically relevant to the government sector, possess 1) an understanding of generally
accepted accounting principles and financial statements; 2) experience in preparing or
auditing financial statements of comparable entities; 3) experience in applying such
principles in connection with the accounting for estimates, accruals, and reserves; 4)

Page 25 of 234

Page 26 of 234

experience with internal accounting controls; and 5) an understanding of audit
committee functions;[9]
•

All members of the audit committee should be members of the governing body. To
ensure the committee's independence and effectiveness, no governing body member
who exercises managerial responsibilities that fall within the scope of the audit should
serve as a member of the audit committee;

•

An audit committee should have sufficient members for meaningful discussion and
deliberation, but not so many as to impede its efficient operation. As a general rule, the
minimum membership of the committee should be no fewer than three;[10]

•

Members of the audit committee should be educated regarding both the role of the audit
committee and their personal responsibility as members, including their duty to
exercise an appropriate degree of professional skepticism;

•

It is the responsibility of the audit committee to provide independent review and
oversight of a government's financial reporting processes, internal controls and
independent auditors;[11]

•

The audit committee should have access to the reports of internal auditors, as well as
access to annual internal audit work plans;

•

The audit committee should present annually to the full governing body a written report
of how it has discharged its duties and met its responsibilities. It is further
recommended that this report be made public and be accompanied by the audit
committee's charter or other establishing documentation;

•

The audit committee should establish procedures for the receipt, retention, and
treatment of complaints regarding accounting, internal accounting controls, or auditing
matters. Such procedures should specifically provide for the confidential, anonymous
submission by employees of the government of concerns regarding questionable
accounting or auditing matters.[12] The audit committee also should monitor controls
performed directly by senior management, as well as controls designed to prevent or
detect senior-management override of other controls[13];

•

The audit committee should be adequately funded and should be authorized to engage
the services of financial experts, legal counsel, and other appropriate specialists, as
necessary to fulfill its responsibilities[14]; and

•

In its report to the governing body, the audit committee should specifically state that it
has discussed the financial statements with management, with the independent auditors
in private,[15] and privately among committee members,[16] and believes that they are
fairly presented, to the extent such a determination can be made solely on the basis of
such conversations.

Board approval date: Friday, October 17, 2008

Page 26 of 234

Page 27 of 234

HORRY COUNTY AUDIT COMMITTEE CHARTER
Adopted August 16, 2011 by Resolution R-77-11
Revised March 13, 2012 by Resolution R -14-12
A. COMMITTEE COMPOSITION
The Audit Committee shall consist of the County Council members who serve on the Administration
Committee. The Chairman of the Administration Committee shall act as Chairman of this committee.
Each Committee member will be both independent and financially literate. At least one member
shall be designated as the "financial expert", or the committee will have access to the services of
a financial expert. All members of the audit committee will receive guidance on the role of the
audit committee, and their personal responsibility as committee members, including their duty to
exercise an appropriate degree of professional skepticism.
B. MEETINGS
The Committee shall meet at least three times annually, or more frequently as their
responsibilities dictate. As part of its job to foster open communication, the Committee shall, at
least annually, meet separately with administration and the independent auditors to discuss any
matters that the Committee or any of these groups believes should be discussed privately. In
addition, the Committee should meet with the independent auditors and administration annually
to review the County's financial statements and reports consistent with Section C below. The
Committee may meet in person or telephonically at any time.
All members of the Council who are not members of the Committee may attend meetings of the
Committee but may not vote. The Committee may invite to its meetings any administration or
other personnel of the County, or any third parties, as it deems appropriate in order to carry out
its responsibilities.
C. RESPONSIBILITIES AND DUTIES
The Committee, in discharging its oversight role, is empowered to study or investigate any matter
of interest or concern that it deems appropriate. The Committee shall have the authority to retain
outside legal, accounting or other advisors for this or any other purpose, including the authority
to approve the fees payable to such advisors and any other terms of retention.
The Committee shall be given full access to the County's internal auditors, administration,
personnel and independent auditors as necessary to carry out these responsibilities. While acting
within the scope of its stated purpose, the Committee shall have all the authority of the Council.
To fulfill its responsibilities and duties the Committee shall:
Documents/Reports Review
(a) Review with administration and the independent auditors, prior to outside dissemination, the
County's annual audited financial statements, and discuss with the independent accountants
the matters required to be discussed by Statements of Auditing Standards No. 61.
-1Page 27 of 234

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Independent Auditors
(a) Recommend to the Council retention (and termination, as the case may be) of the County's
independent auditors and audit engagement fees and terms;
(b) Oversee the work of any public accounting firm employed by the County (except as

otherwise provided in this Charter), including the resolution of any disagreement between
administration and the independent auditor regarding financial reporting, for the purpose of
preparing or issuing an audit report or related work;
(c) Internal audits will be conducted as deemed necessary by the County Administrator, or as directed by
County Council. Such audits will be conducted by engaging outside professionals or by County staff
as deemed appropriate by the County Administrator;

(d) Approve, in advance, any audit and any permissible non-audit engagement or relationship
between the County and the independent auditors (except as otherwise provided in this
Charter);
(e) Review, at least annually, the qualifications, performance and independence of the
independent auditors. In conducting its review and evaluation, the Committee should:
(i) Obtain and review a report by the County's independent auditors describing: (i) the
auditing firm's internal quality-control procedures; (ii) any material issues raised by the
most recent internal quality-control review, or peer review, of the auditing firm, or by any
inquiry or investigation by governmental or professional authorities, within the preceding
five years, respecting one or more independent audits carried out by the auditing firm, and
any steps taken to deal with any such issues; and (iii) all relationships between the
independent auditors and the County (so as to enable the assessment of the independent
auditors' independence);
(ii) Take into account the opinions of administration and the County's internal auditors (or of
other personnel responsible for the internal audit function); and
(iii)Receive from the independent auditors such written statements as required by
Independence Standards Council Statement No. 1 or any other applicable rules, and
recommend to the Council and/or administration such actions it deems appropriate to
ensure the independence of the external auditors;
(f) Review with the independent auditors any audit problems or difficulties and administration's
response; and
(g) Set clear hiring policies to be implemented by the County for employees or former employees
of the independent auditors to ensure independence.
Financial Reporting Process and Controls
(a) Review, in consultation with the independent auditors and the internal auditors, the integrity
of the County's internal and external financial reporting processes and controls. In this
regard, the Committee should obtain and discuss with administration and the independent
auditors all reports from administration and the independent auditors regarding: (i) all critical
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accounting policies and practices to be used by the County; (ii) analyses prepared by
administration and/or the independent auditors setting forth significant financial reporting
issues and judgments made in connection with the preparation of the financial statements,
including all alternative treatments of financial information within generally accepted
accounting principles that have been discussed with the County's administration, the
ramifications of the use of the alternative disclosures and treatments, and the treatment
preferred by the independent auditors; (iii) major issues regarding accounting principles and
financial statement presentations, including any significant changes in the County's selection
or application of accounting principles; (iv) major issues as to the adequacy of the County's
internal controls and any specific audit steps adopted in light of material control deficiencies;
and (v) any other material written communications between the independent auditor and the
County's administration;
(b) Review periodically the effect of accounting developments, as well as off-balance sheet
structures (if any), on the financial statements of the County;
(c) Establish regular systems of reporting to the Committee by each of administration, the
independent auditors and the internal auditors regarding any significant judgments made in
administration's preparation of the financial statements and any significant difficulties
encountered during the course of the review or audit, including any restrictions on the scope
of work or access to requested information;
(d) Review any significant disagreement between administration and the independent auditors or
the internal auditor in connection with the preparation of the financial statements and
administration's response to such matters; and
(e) Review and discuss with the independent auditors the responsibilities, budget and staffing of
the County's internal audit function.
Legal/Compliance/General
(a) Review, with the County's counsel, any legal matter that could have a significant impact on
the County's financial statements or operations;
(b) Discuss with administration and the independent auditors the County's guidelines and policies
with respect to risk assessment and risk management. The Committee should discuss the
County's major financial risk exposures and the steps administration has taken to monitor and
control such exposures;
(c) Establish procedures for: (i) the receipt, retention and treatment of any complaints received
by the County regarding accounting, internal accounting controls, or auditing matters; and (ii)
the confidential anonymous submission by employees of the County of concerns regarding
questionable accounting or auditing matters; and
Reports
(a) Report regularly to the Council:
(i) with respect to any issues that arise regarding the quality or integrity of the County's

financial statements, the County's compliance with legal and regulatory requirements, the
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performance and independence of the County's independent auditors or the performance
of the internal audit function;
(ii) following all meetings of the Committee; and
(iii) with respect to such other matters that are relevant to the Committee's discharge of its

responsibilities.
(b) Maintain minutes or other records of meetings and activities of the Committee.
D. ANNUAL PERFORMANCE EVALUATION
The Committee shall perform a review and evaluation, at least annually, of its performance and
its members, including reviewing the compliance of the Committee with this Charter. In
addition, the Committee shall review and reassess, at least annually, the adequacy of this Charter
and recommend to the Council any improvements to this Charter that the Committee considers
necessary or valuable. The Council shall also issue an annual evaluation of the Committee's
performance.

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COUNTY OF HORRY
STATE OF SOUTH CAROLINA

)
)

RESOLUTION R- -25

A RESOLUTION TO DESIGNATE A PROJECT UNDER THE HORRY COUNTY AMERICAN RESCUE PLAN
ACT FRAMEWORK
WHEREAS, Horry County is the recipient of 2021 American Rescue Plan Act (ARPA) funding in the amount of
$68,776,083 which act was passed by the United States Congress and signed into law by President Biden on
March 11, 2021; and
WHEREAS, the purpose of the ARPA funding allocation is to facilitate the County’s recovery efforts from the
economic and public health impacts of the COVID-19 pandemic; and
WHEREAS, Horry County has developed a framework to formalize the allocation and distribution of ARPA funds
to address the COVID-19’s public health and economic impacts, including providing assistance to households,
small businesses and nonprofits, and to aid impacted industries such as tourism, travel and hospitality; and
WHEREAS, as a result of COVID-19, Horry County experienced revenue reduction in excess of $68,776,083,
and in response will make appropriations under the provisions of government service in compliance with the
authorized Horry County ARPA framework; and
WHEREAS, Horry County Council made an initial appropriation of $7,173,575.35 by Resolution R-108-2021, a
second appropriation of $27,214,466.15 by Resolution R-127-2021, a third appropriation of $34,388,041.50 by
Resolution R-75-2022; and
WHEREAS, Horry County Council designated $750,000 for a grant agreement to the Family Justice Center of
Georgetown and Horry County to support construction of a Domestic Violence Shelter in Horry County by
Resolution R-133-2023, and
WHEREAS, Horry County has identified an additional construction costs related to the Family Justice Center’s
Domestic Violence Shelter project that can be served through the provision of ARPA Interest funding, through
which a balance of $7,317,268.74 has been accrued;
NOW, THEREFORE, BE IT RESOLVED, that Horry County Council designates that the Family Justice Center’s
Domestic Violence Shelter project be funded with additional ARPA interest in the amount of $500,000.
AND IT IS SO RESOLVED this 3rd day of February, 2026.
HORRY COUNTY COUNCIL
___________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Dennis DiSabato, District 3
Tyler Servant, District 5
Tom Anderson, District 7
R. Mark Causey, District 9
Al Allen, District 11

Bill Howard, District 2
Gary Loftus, District 4
Cam Crawford, District 6
Michael Masciarelli, District 8
Danny Hardee, District 10

Attest:
_________________________
Ashley C. Carroll, Clerk to Council

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County Council Decision Memorandum
Horry County, South Carolina

Date:
From:
Division:
Cleared By:
RE:

January 27, 2026
Elizabeth Tranter, Community Development Director
Administration
Shannon Todd, Assistant County Administrator
Request to Designate a Project under the American Rescue Plan Act Framework

ISSUE
Horry County is the recipient of 2021 American Rescue Plan Act Funding (ARPA) in the amount of $68,776,083,
which act was passed by the United States Congress and signed into law by President Biden on March 11, 2021.
As a result of that funding, Horry County has accrued interest funding in the amount of $7,317,268.74. Staff
proposes that $500,000 of this interest funding be designated for additional funding to the Family Justice Center
of Georgetown and Horry County to support the construction of a Domestic Violence Shelter in Horry County.
BACKGROUND
As a recipient of ARPA funding, Horry County has accrued interest which can, in turn, be utilized for the
provision of services in response to community needs. To date, a number of projects have been funded with
ARPA interest, including but not limited to the Community Land Trust start-up funding, which is intended to
address affordable housing needs in Horry County, the United Way’s 211 Community Resource Line, and
Racepath Community neighborhood infrastructure improvements.
On Tuesday, August 15, 2023, Horry County Council approved Resolution R-133-2023, which authorized a grant
award of $750,000 to the Family Justice Center of Georgetown and Horry County to support the construction of
a Domestic Violence shelter in Horry County. With construction completion projected for 2026, the Family
Justice Center requires an additional $1,000,000 to complete construction of the new facility. The Chapin
Foundation has pledged $500,000 to this project. The Administration Division requests $500,000 in ARPA
interest funding to provide the additional funding required to complete this project. This funding will be awarded
on a cost-reimbursement basis and managed through a modification of the County’s current grant agreement with
the Family Justice Center of Georgetown and Horry County.
RECOMMENDATION
Community Development staff recommends the approval of the request to designate a project under the American
Rescue Plan Framework. Staff recommends $500,000 in ARPA Interest funding be designated to the Family
Justice Center of Georgetown and Horry County to complete construction of the Domestic Violence Shelter in
Horry County.

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Serving Victims
of Domestic Violence

December 31, 2026

FAMILY
JUSTICE
CENTER
of Georgetown
and Horry Counties

Mr. Barry Spivey
County Administrator
1301 Second Ave.
Suite 2D50
Conway, SC 29526-5209
Dear Mr. Spivey,

EXECUTIVE DIRECTOR

Deidre Arabadjis
BOARD OF DIRECTORS

JoAnn Crumpler
Alicia Barnes
Tom Fox
Michelle Moulton
Mary Watkins
Nancy Kolman
Jim Christian
Brian Swinton
Robert Jenkot
Ina Seethaler
Sheldon Butts
Chelice Waites
Jessica DuBose
Tracy Durant
Jarrod Ownbey
ADVISORY BOARD

Caitlin Lang
Tara Hawkinson
PO Box 366
2705 Highmarket Street
Georgetown, SC 29442
(843) 546-3926

My name is Deidre Arabadjis, and I am pleased to formally introduce myself as
the new Executive Director of the Family Justice Center of Georgetown and Horry
Counties. I appreciate the opportunity to connect with you and to engage with
valued community partners who suppo1i our mission to serve individuals and
families impacted by domestic violence.
JoAnn Crumpler asked that I forward to you the enclosed letter from The Chapin
Foundation outlining their generous matching grant commitment in support of the
Family Justice Center's new shelter facility in Horry County. Mr. Lawton Benton
also requested that this information be shared with key partners as we work toward
completing this critical project.
JoAnn will be reaching out to you, and I appreciate your time and consideration in
reviewing this information. Thank you for your continued commitment to the
safety and well-being of our community.
Sincerely,

py ~ ( J A ~
Deidre Arabadjis
Executive Director
Family Justice Center of Georgetown & Horry Counties

Fax: (843) 546-3535
www.beyonddv.org

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~
THE CHAPIN
FOUNDATION

December 15, 2025
Mrs. Joanne Crumpler
Executive Board Chairman
Family Justice Center of Georgetown & Horry Counties

Dear Joanne:
The Chapin Foundation Board of Advisors is pleased to offer the Family Justice Center a
matching grant of up to $500,000.00 in support of its new shelter facility in Horry County. It
is our hope that this challenge will be met by others in our community who share our
concern for the welfare of those among us who are victims of domestic violence. We
commend the Family Justice Center for its efforts to make this much-needed facility a
reality; as well as the many essential services it provides for women and children in crisis.
Please share this letter of our commitment with those who will join the Chapin Foundation
in completing this critical project for Horry and Georgetown Counties. The offer of this
matching grant will expire on June 30 th , 2026.
Thank you for all you do to make our community a safer and healthier place.

Best Regards,

E. Lawton Benton
Chapin Foundation Board Chairman

Lawton Benton I Edwin Hinds I Albert Springs
Clark Butler I Jan Conrad I Carolynn Lund
Tory Mackey, Executive Director
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COUNTY OF HORRY

)

STATE OF SOUTH CAROLINA

)

RESOLUTION R- -26

A RESOLUTION DIRECTING THE ADMINISTRATOR TO PURSUE A REQUEST FOR
CONGRESSIONALLY DIRECTED FUNDING OF CERTAIN PROJECTS IN HORRY COUNTY.
WHEREAS, each year, the U.S. Congress negotiates how to spend U.S. taxpayer dollars through
the appropriations process, the House and Senate ultimately deciding on funding levels for the
U.S. federal budget; and
WHEREAS, our elected federal officials reach out to local communities in the State of South
Carolina requesting input into the process for the benefit of South Carolinians across the state;
and
WHEREAS, the process includes completing a request form assembled for congressionally
directed spending as a part of the appropriations cycle, a mechanism which has been re-instated
to allow members more input from the congressional perspective vis-à-vis agency perspectives
on decision-making for local projects; and
WHEREAS, appropriation requests for the FY 2027 federal budget are currently sought; and
WHEREAS, County Council has identified certain eligible projects within the County of immediate
concern (among numerous others) and in need of considerable funding, for submission to our
elected federal officials for consideration of funding awards.
NOW, THEREFORE BE IT RESOLVED, by virtue of the power and authority granted to County
by the Constitution and General Assembly of the State of South Carolina, County Council hereby
directs the administrator to perform whatever actions necessary to submit the attached projects
for consideration in requesting FY 2027 Congressionally Directed Spending.
AND SO IT IS RESOLVED this 3rd day of February, 2026.
HORRY COUNTY COUNCIL
___________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Dennis DiSabato, District 3
Tyler Servant., District 5
Tom Anderson, District 7
R. Mark Causey District 9
Al Allen, District 11

Bill Howard, District 2
Gary Loftus, District 4
Cam Crawford, District 6
Michael Masciarelli, District 8
Danny Hardee, District 10

Attest:
______________________________
Ashley C. Carroll, Clerk to Council

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Project 1
Title of Request: Myrtle Beach Runway Reconstruction
Project 2
Title of Request: SC 22 Extension
Project 3
Title of Request: Conway River Crossing
Project 4
Title of Request: SC 31 – Carolina Bays Parkway
Project 5
Title of Request: Conway Perimeter Road
Project 6
Title of Request: Horry County Longs Radio Communications Tower

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COUNTY OF HORRY
STATE OF SOUTH CAROLINA

)
)
)

RESOLUTION ___-2026

A RESOLUTION AUTHORIZING THE USE OF VIRTUAL MEETINGS FOR THE HORRY
COUNTY LIBRARY BOARD OF TRUSTEES.
WHEREAS, Horry County has established a Board of Trustees for its library system as required
pursuant to S.C. Code § 4-9-35; and
WHEREAS, under the Horry County Code of Ordinances, the Board of Trustees is composed of
11 members appointed from all geographic areas of the County, and the Board is required to
meet no less than 8 times per year; and
WHEREAS, the land area within the boundaries of Horry County is larger than the State of
Rhode Island, creating travel times that can be in excess of 1 hour each way from areas within
Horry County to the County seat in Conway; and
WHEREAS, in order to better accommodate the volunteer members of the Board of Trustees
and to encourage participation from remote areas of the County, and in compliance with Section
2-29 of the Horry County Code of Ordinances, County Council desires to allow the use of virtual
meetings for the Horry County Library’s Board of Trustees.
NOW, THEREFORE, BE IT RESOLVED that Horry County Council resolves to recognize that
exigent circumstances exist warranting the use of virtual meetings by the Horry County Library’s
Board of Trustees.
AND IT IS SO RESOLVED this _____ day of February, 2026.
HORRY COUNTY COUNCIL
_____________________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:
_________________________________
Ashley C. Carroll, Clerk to Council

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STATE OF SOUTH CAROLINA
COUNTY OF HORRY

)
)
)

ORDINANCE _______-2026

AUTHORIZING THE ISSUANCE AND SALE OF NOT EXCEEDING $5,000,000
GENERAL OBLIGATION BONDS, SERIES 2026, OR SUCH OTHER
APPROPRIATE SERIES DESIGNATION, OF HORRY COUNTY, SOUTH
CAROLINA; FIXING THE FORM AND DETAILS OF THE BONDS;
AUTHORIZING THE COUNTY ADMINISTRATOR OR HIS LAWFULLYAUTHORIZED DESIGNEE TO DETERMINE CERTAIN MATTERS RELATING
TO THE BONDS; PROVIDING FOR THE PAYMENT OF THE BONDS AND THE
DISPOSITION OF THE PROCEEDS THEREOF; AND OTHER MATTERS
RELATING THERETO.
BE IT ORDAINED BY THE COUNTY COUNCIL OF HORRY COUNTY, SOUTH CAROLINA,
AS FOLLOWS:
SECTION 1. Findings and Determinations. The County Council (the “County Council”), of Horry
County, South Carolina (the “County”), hereby finds and determines:
(a)
Pursuant to Section 4-9-10, Code of Laws of South Carolina 1976, as amended (the “SC
Code”), and the results of a referendum held in accordance therewith, the Council-Administrator form of
government was adopted and the County Council constitutes the governing body of the County.
(b)
Article X, Section 14 of the Constitution of the State of South Carolina, 1895, as amended
(the “Constitution”), provides that each county shall have the power to incur bonded indebtedness in such
manner and upon such terms and conditions as the General Assembly shall prescribe by general law. Such
debt must be incurred for a public purpose and a corporate purpose in an amount not exceeding eight percent
(8%) of the assessed value of all taxable property of such county.
(c)
Pursuant to Title 4, Chapter 15 of the Code (the same being and hereinafter referred to as the
“County Bond Act”), the governing bodies of the several counties of the State may each issue general obligation
bonds to defray the cost of any authorized purpose and for any amount not exceeding its applicable
constitutional limit.
(d)
The County Bond Act provides that as a condition precedent to the issuance of bonds an
election be held and the result be favorable thereto. Title 11, Chapter 27 of the Code of Laws of South Carolina
1976, as amended, provides that if an election be prescribed by the provisions of the County Bond Act, but
not be required by the provisions of Article X of the Constitution, then in every such instance, no election
need be held (notwithstanding the requirement therefor) and the remaining provisions of the County Bond
Act shall constitute a full and complete authorization to issue bonds in accordance with such remaining
provisions.

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(e)
The assessed value of all the taxable property in the County as of June 30, 2025, is
$4,084,137,592 which includes exempt manufacturing property in the amount of $2,403,619. Eight percent
(8%) of the assessed value is $326,731,007. As of the date hereof, the outstanding general obligation debt of
the County subject to the limitation imposed by Article X, Section 14(7) of the Constitution is $74,569,000.
Thus, the County may incur not exceeding $252,162,007 of additional general obligation debt within its
applicable debt limitation.
(f)
It is in the best interest of the County for County Council to provide for the issuance and sale
of not exceeding $5,000,000 aggregate principal amount general obligation bonds of the County. The proceeds
derived from the sale of the Bonds authorized herein shall be applied to defray all or a portion of (i) the costs
of designing, acquiring, constructing, improving and equipping an EMS station in the Windy Hill area,
including the acquisition of land (collectively, the “Project”); and (ii) the cost and expenses of issuing the
Bonds.
(g)
The Project is necessary and in the best interest of the County. The issuance of the Bonds
authorized by this Ordinance for such purposes is necessary and such Bonds will be issued for a corporate
purpose and a public purpose of the County, and the benefits arising from the Projects will accrue to all persons
and property within the County.
SECTION 2. Authorization and Details of Bonds. Pursuant to the aforesaid provisions of the
Constitution and laws of the State of South Carolina (the “State”), there is hereby authorized to be issued, in
one or more series, not exceeding $5,000,000 aggregate principal amount of general obligation bonds of the
County to be designated “$5,000,000 (or such lesser amount issued) General Obligation Bonds, Series 2026,
of Horry County, South Carolina” (the “Bonds”), for the purposes set forth in Section 1(f) above.
The Bonds shall be issued as fully-registered Bonds registrable as to principal and interest; shall be
dated as of the date of their delivery or such other date as determined by the County Administrator or his
lawfully-authorized designee; shall be in the denomination of $5,000 or any integral multiple thereof not
exceeding the principal amount of the Bonds maturing in each year unless issued as a single Bond in the
entire principal amount of the issue; shall bear interest from their date payable at such times as hereinafter
designated by the County Administrator or his lawfully-authorized designee at such rate or rates as may be
determined at the time of the sale thereof; and shall mature at such times and in such amounts as determined
by the County Administrator or his lawfully-authorized designee.
Both the principal of and interest on the Bonds shall be payable in any coin or currency of the United
States of America which is, at the time of payment, legal tender for public and private debts. Within twentyfour (24) hours of the sale of the Bonds, the County will designate a registrar and paying agent
(“Registrar/Paying Agent”) for the Bonds. The Registrar/Paying Agent shall be the County Treasurer or a
bank, trust company, depository or transfer agent located either within or without the State of South Carolina.
The Bonds shall be subject to redemption prior to their stated maturities on such terms as shall be
determined by the County Administrator or his lawfully-authorized designee. Pursuant to Section 3 hereof,
the County Administrator or his lawfully-authorized designee may also determine whether any of the Bonds
are subject to mandatory sinking fund redemption.

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If less than all the Bonds of any maturity are called for redemption, the Bonds of such maturity to
be redeemed shall be selected by lot by the Registrar/Paying Agent. In the event the Bonds or any portion
thereof shall be called for redemption, notice of the redemption, describing the Bonds to be redeemed,
specifying the redemption date and the redemption price payable on such redemption, shall be mailed by
first-class mail, postage prepaid, to the registered owner thereof as shown on the registry books of the
County kept by the Registrar/Paying Agent not less than thirty (30) days and not more than sixty (60) days
prior to the redemption date. If the Bonds or any portion thereof shall have been duly called for redemption
and notice of the redemption mailed as aforesaid, and if on or before the date fixed for redemption, payment
thereof shall be duly made or provided for, interest on the Bonds to be redeemed shall cease to accrue from
and after the redemption date specified in such notice.
SECTION 3. Determination of Certain Matters Relating to the Bonds. The County Administrator
or his lawfully-authorized designee is hereby authorized and empowered to: (a) determine the original issue
date of the respective series of the Bonds; (b) determine whether any of the Bonds will be issued as term
bonds and, if so, the principal amounts and maturity dates of the Bonds subject to mandatory sinking fund
redemption; (c) determine the final principal amount of the Bonds; (d) determine the maturity schedule and
the principal amounts of each maturity of the respective series of Bonds; (e) determine the interest payment
dates of the Bonds; (f) determine the time and date of sale of the Bonds, subject to the terms and conditions
stated below; (g) determine the optional redemption provisions applicable to the Bonds; (h) adjust the
principal amount of the Bonds as prescribed in the Notice of Sale (as defined herein); (i) approve the
Registrar/Paying Agent for the Bonds; (j) negotiate and execute all other contracts or certificates which
may be necessary in connection with the issuance of the Bonds (including, without limitation, such contracts
or certificates as may be necessary in the event the Bonds are insured by a municipal bond insurance policy);
(k) determine whether the Bonds will be designated as “qualified tax-exempt obligations” for purposes of
Section 265(b)(3) of the Internal Revenue Code of 1986, as amended (the “Code”); and (l) determine
whether to use any impact fees which may be charged by the County to pay debt service on the Bonds, but
only to the extent the Project is included within the capital improvement plan approved by the County to
be funded with such impact fees. The Council further authorizes and empowers the County Administrator
or his lawfully-authorized designee to award the sale of the Bonds to the lowest bidder therefor in
accordance with the terms of Notice of Sale for the Bonds. After the sale of the Bonds, the County
Administrator or his lawfully-authorized designee shall submit a written report to County Council setting
forth the details of the Bonds as set forth in this paragraph. The County Administrator may designate one
or more of the following County officials as his lawfully-authorized designee(s): the Director of the
Administration Division; the Assistant County Administrator of Administration; or the County Treasurer.
SECTION 4. Registration, Transfer and Exchange of Bonds. The County shall cause books (herein
referred to as the “registry books”) to be kept at the offices of the Registrar/Paying Agent, for the registration
and transfer of the Bonds. Upon presentation at its office for such purpose the Registrar/Paying Agent shall
register or transfer, or cause to be registered or transferred, on such registry books, the Bonds under such
reasonable regulations as the Registrar/Paying Agent may prescribe.
Each Bond shall be transferable only upon the registry books of the County, which shall be kept for
such purpose at the principal office of the Registrar/Paying Agent, by the registered owner thereof in person or
by his duly authorized attorney upon surrender thereof together with a written instrument of transfer satisfactory
to the Registrar/Paying Agent duly executed by the registered owner or his duly authorized attorney. Upon the
transfer of any such Bond the Registrar/Paying Agent on behalf of the County shall issue in the name of the
transferee a new fully-registered Bond or Bonds, of the same aggregate principal amount, interest rate and
maturity as the surrendered Bond. Any Bond surrendered in exchange for a new registered Bond pursuant to
this section shall be canceled by the Registrar/Paying Agent.

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The County and the Registrar/Paying Agent may deem or treat the person in whose name any fullyregistered Bond shall be registered upon the registry books as the absolute owner of such Bond, whether such
Bond shall be overdue or not, for the purpose of receiving payment of the principal of and interest on such
Bond and for all other purposes and all such payments so made to any such registered owner or upon his order
shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or
sums so paid, and neither the County nor the Registrar/Paying Agent shall be affected by any notice to the
contrary. In all cases in which the privilege of transferring Bonds is exercised, the County shall execute and
the Registrar/Paying Agent shall authenticate and deliver Bonds in accordance with the provisions of this
Ordinance. Neither the County nor the Registrar/Paying Agent shall be obliged to make any such transfer of
Bonds during the fifteen (15) days preceding an interest payment date on such Bonds.
SECTION 5. Record Date. The County hereby establishes a record date for the payment of interest
or for the giving of notice of any proposed redemption of Bonds, and such record date shall be the fifteenth
(15th) day (whether or not a business day) preceding an interest payment date on such Bond or in the case of
any proposed redemption of Bonds, such record date shall be the fifteenth (15th) day (whether or not a business
day) prior to the giving of notice of redemption of bonds.
SECTION 6. Mutilation, Loss, Theft or Destruction of Bonds. In case any Bond is mutilated in whole
or in part, or lost, stolen or destroyed, or so defaced as to impair the value thereof to the owner, the County
shall execute and the Registrar shall authenticate and deliver at the principal office of the Registrar, or send by
registered mail to the owner thereof at his request, risk and expense a new bond of the same series, interest rate
and maturity and of like tenor and effect in exchange or substitution for and upon the surrender for cancellation
of such defaced, mutilated or partly destroyed Bond, or in lieu of or in substitution for such lost, stolen or
destroyed Bond. In any such event the applicant for the issuance of a substitute bond shall furnish the County
and the Registrar evidence or proof satisfactory to the County and the Registrar of the loss, destruction,
mutilation, defacement or theft of the original Bond, and of the ownership thereof, and also such security and
indemnity in an amount as may be required by the laws of the State of South Carolina or such greater amount
as may be required by the County and the Registrar. Any duplicate bond issued under the provisions of this
section in exchange and substitution for any defaced, mutilated or partly destroyed Bond or in substitution for
any allegedly lost, stolen or wholly destroyed Bond shall be entitled to the identical benefits under this
Ordinance as was the original Bond in lieu of which such duplicate bond is issued, and shall be entitled to equal
and proportionate benefits with all the other Bonds of the same series issued hereunder.
All expenses necessary for the providing of any duplicate bond shall be borne by the applicant therefor.
SECTION 7. Execution of Bonds. The Bonds shall be executed in the name of the County with the
manual or facsimile signature of the Chair of the County Council attested by the manual or facsimile signature
of the Clerk to the County Council under a facsimile of the seal of the County impressed, imprinted or
reproduced thereon. The Bonds shall not be valid or become obligatory for any purpose unless there shall have
been endorsed thereon a certificate of authentication. Each Bond shall bear a certificate of authentication
manually executed by the Registrar.
SECTION 8. Form of Bonds. The Bonds and the certificate of authentication shall be in substantially
the form set forth in Exhibit A attached hereto and incorporated herein by reference.
SECTION 9. Security for Bonds. The full faith, credit and taxing power of the County are hereby
irrevocably pledged for the payment of the principal of and interest on the Bonds as they respectively mature,
and for the creation of such sinking fund as may be necessary therefor. There shall be levied annually by the
County Auditor and collected by the County Treasurer, in the same manner as other county taxes are levied

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and collected, a tax, without limit, on all taxable property in the County sufficient to pay the principal of and
interest on the Bonds as they respectively mature and to create such sinking fund as may be necessary therefor.
The County Council shall give the County Auditor and County Treasurer written notice of the delivery
of and payment for the Bonds and they are hereby directed to levy and collect annually, on all taxable property
in the County, a tax, without limit, sufficient to pay the principal of and interest on the Bonds as they
respectively mature and to create such sinking fund as may be necessary therefor.
SECTION 10. Notice of Public Hearing. The County Council hereby ratifies and approves the
publication of a notice of public hearing regarding the Bonds and this Ordinance, such notice in substantially
the form attached hereto as Exhibit B, having been published in The Sun News, a newspaper of general
circulation in the County, not less than 15 days prior to the date of such public hearing.
SECTION 11. Initiative and Referendum. The County Council hereby delegates to the County
Administrator or his lawfully-authorized designee the authority to determine whether the notice prescribed
under the provisions of Section 11-27-40(8) of the SC Code relating to the initiative and referendum provisions
contained in Title 4, Chapter 9, Article 13 of the SC Code shall be given with respect to this Ordinance. If said
notice is given, the County Administrator or his lawfully-authorized designee is authorized to cause such notice
to be published in a newspaper of general circulation in the County in substantially the form attached hereto as
Exhibit C.
SECTION 12. Exemption from State Taxes. Both the principal of and interest on the Bonds shall be
exempt, in accordance with the provisions of Section 12-2-50 of the SC Code from all State, county, municipal,
school district and all other taxes or assessments, except estate or other transfer taxes, direct or indirect, general
or special, whether imposed for the purpose of general revenue or otherwise.
SECTION 13. Tax Covenants. The County hereby covenants that it will not take any action which
will, or fail to take any action which failure will, cause interest on the Bonds, if applicable, to become
includable in the gross income of the holders of the Bonds for federal income tax purposes pursuant to the
provisions of the Code and regulations promulgated thereunder in effect on the date of original issuance of
the Bonds. The County further covenants that no use of the proceeds of the Bonds shall be made which, if
such use had been reasonably expected on the date of issue of the Bonds would have caused the Bonds to
be “arbitrage bonds,” as defined in Section 148 of the Code, and to that end the County hereby shall:
(a)
comply with the applicable provisions of Sections 103 and 141 through 150 of the Code
and any regulations promulgated thereunder so long as the Bonds are outstanding;
(b)
establish such funds, make such calculations and pay such amounts, in the manner and at
the times required in order to comply with the requirements of the Code relating to required rebates of
certain amounts to the United States; and
(c)

make such reports of such information at the time and places required by the Code.

The County Administrator and the Assistant County Administrator of Administration are each hereby
authorized to adopt written procedures to ensure the County’s compliance with federal tax matters relating to
federal tax-exempt obligations issued by the County from time to time, including the Bonds.
SECTION 14. Sale of Bonds; Notice of Sale. The Bonds shall be offered for public sale on the date
and at the time designated by the County Administrator or his lawfully-authorized designee. A notice of sale

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with respect to the Bonds (“Notice of Sale”), in form and substance as recommended by the County’s bond
counsel and municipal advisor, shall be distributed to prospective bidders and a summary of such Notice of
Sale shall be published in a newspaper of general circulation in the State or in a financial publication published
in the City of New York not less than seven (7) days prior to the date set for such sale.
SECTION 15. Preliminary and Final Official Statement. If required to sell the Bonds, the County
Council hereby authorizes and directs the County Administrator or his lawfully-authorized designee to prepare,
or cause to be prepared, a preliminary Official Statement to be distributed to prospective purchasers of the
Bonds together with the Notice of Sale. The County Council authorizes the County Administrator or his
lawfully-authorized designee to designate the preliminary Official Statement as “final” for purposes of Rule
15c2-12 of the Securities Exchange Commission. The County Administrator or his lawfully-authorized
designee are further authorized to see to the completion of the final form of the Official Statement upon the
sale of the Bonds so that it may be provided to the purchaser of the Bonds.
SECTION 16. Book-Entry System.
(a)
Notwithstanding anything to the contrary herein, so long as the Bonds are being held under
a book-entry system of a securities depository, transfers of beneficial ownership of the Bonds will be
affected pursuant to rules and procedures established by such securities depository. The initial securities
depository for the Bonds will be The Depository Trust Company (“DTC”). DTC and any successor
securities depositories are hereinafter referred to as the “Securities Depository.” The Bonds shall be
registered in the name of Cede & Co., as the initial Securities Depository nominee for the Bond. Cede &
Co. and successor Securities Depository nominees are hereinafter referred to as the “Securities Depository
Nominee.”
(b)
As long as the Bonds are being held under a book-entry system, the Securities Depository
Nominee will be recognized as the holder of the Bonds for the purposes of (i) paying the principal, interest
and premium, if any, on such Bonds, (ii) selecting the portions of the Bonds to be redeemed if the Bonds
are to be redeemed in part, (iii) giving any notice permitted or required to be given to bondholders under
this Ordinance, (iv) registering the transfer of the Bonds, and (v) requesting any consent or other action to
be taken by the holder of such Bonds, and for all other purposes whatsoever, and the County shall not be
affected by any notice to the contrary.
(c)
The County shall not have any responsibility or obligation to any participant, beneficial
owner or other person claiming a beneficial ownership in the Bonds which is registered to a Securities
Depository Nominee under or through the Securities Depository with respect to any action taken by the
Securities Depository as holder of the Bonds.
(d)
The County shall pay all principal, interest and premium, if any, on the Bonds issued under
a book-entry system only to the Securities Depository or the Securities Depository Nominee, as the case
may be, for such Bonds, and all such payments shall be valid and effectual to fully satisfy and discharge
the obligations with respect to the principal, interest and premium, if any, on such Bonds.
(e)
In the event that the County determines that it is in the best interest of the County to
discontinue the book-entry system of transfer for the Bonds, or that the interests of the beneficial owners
of the Bonds may be adversely affected if the book-entry system is continued, then the County shall notify
the Securities Depository of such determination. In such event, the County shall execute and the
Registrar/Paying Agent shall authenticate, register and deliver physical certificates for the Bonds in
exchange for the Bonds registered in the name of the Securities Depository Nominee.

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(f)
In the event that the Securities Depository for the Bonds discontinues providing its
services, the County shall either engage the services of another Securities Depository or arrange with the
Registrar/Paying Agent for the authentication, registration and delivery of physical certificates in the
manner described in (e) above.
(g)
In connection with any notice or other communication to be provided to the holder of the
Bonds by the County or by the Registrar/Paying Agent with respect to any consent or other action to be
taken by the holder of the Bonds, the County or the Registrar/Paying Agent, as the case may be, shall
establish a record date for such consent or other action and give the Securities Depository Nominee notice
of such record date not less than 15 days in advance of such record date to the extent possible.
SECTION 17. Filings with Central Repository. In compliance with Section 11-1-85, South Carolina
Code of Laws 1976, as amended, the County covenants that it will file or cause to be filed with a central
repository for availability in the secondary bond market when requested: (a) a copy of the annual financial
report of the County within thirty (30) days from the County’s receipt thereof; and (b) within thirty (30) days
of the occurrence thereof, relevant information of an event which adversely affects more than five (5%) percent
of the revenues of the County or the County’s tax base.
SECTION 18. Continuing Disclosure. The County covenants to provide such continuing financial
and operating data as may be reasonably requested by the purchaser of the Bonds. In the event of a failure of
the County to comply with such covenant, an event of default under this Ordinance shall not be deemed to
have occurred and the sole remedy of any holder of the Bonds shall be an action to compel performance by
the County. The County Administrator or the Assistant County Administrator of Administration are each
hereby authorized to adopt written procedures relating to compliance with continuing disclosure obligations
with respect to bonds or other financial obligations issued by the County from time to time, including the Bonds.
SECTION 19. Deposit and Use of Proceeds. The proceeds derived from the sale of the Bonds shall
be deposited with the County Treasurer in a special fund to the credit of the County and shall be applied as
follows: (a) any premium shall be placed in the sinking fund established by Section 4-15-150 of the SC Code;
(b) accrued interest, if any, shall be applied to the payment of the first installment of interest to become due
on the Bonds; and (c) the balance of the proceeds shall be applied for the purposes for which the Bonds have
been issued, including payment of costs of issuance of the Bonds.
SECTION 20. Defeasance. The obligations of the County under this Ordinance and the pledges,
covenants and agreements of the County herein made or provided for, shall be fully discharged and satisfied as
to any portion of the Bonds, and such Bond or Bonds shall no longer be deemed to be outstanding hereunder
when:
(a)
such Bond or Bonds shall have been purchased by the County and surrendered to the County
for cancellation or otherwise surrendered to the County or the Paying Agent and is canceled or subject to
cancellation by the County or the Paying Agent; or
(b)
payment of the principal of and interest on such Bonds either (i) shall have been made or
caused to be made in accordance with the terms thereof, or (ii) shall have been provided for by irrevocably
depositing with a bank or other institution serving in a fiduciary capacity (“Escrow Agent”) and irrevocably set
aside exclusively for such payment, (1) moneys sufficient to make such payment, or (2) Government
Obligations (hereinafter defined) maturing as to principal and interest in such amounts and at such times as will
ensure the availability of sufficient moneys to make such payment and all necessary and proper fees,
compensation and expenses of the Escrow Agent. At such time as the Bonds shall no longer be deemed to be

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outstanding hereunder, such Bonds shall cease to draw interest from the due date thereof and, except for the
purposes of any such payment from such moneys or Government Obligations, shall no longer be secured by or
entitled to the benefits of this Ordinance.
“Government Obligations” shall mean any of the following:
(i)

direct obligations of the United States of America or agencies thereof or obligations, the
payment of principal or interest on which, in the opinion of the Attorney General of the
United States, is fully and unconditionally guaranteed by the United States of America; and

(II)

non-callable, U. S. Treasury Securities - State and Local Government Series.

SECTION 21. General Repealer. All ordinances, rules, regulations, resolutions and parts thereof,
procedural or otherwise, in conflict herewith or the proceedings authorizing the issuance of the Bonds are,
to the extent of such conflict, repealed and this Ordinance shall take effect and be in full force from and
after its adoption.
SECTION 22. No Personal Liability. No recourse shall be had for the enforcement of any
obligation, covenant, promise or agreement of the County contained herein or in the Bonds and any other
incorporated or referenced documents against any elected official of the County or any officer or employee
of the County, as such, in his or her individual or personal capacity, past, present or future, either directly
or through the County, whether by virtue of any constitutional provision, statute or rule of law, or by the
enforcement of any assessment or penalty or otherwise, it being expressly agreed and understood that this
Ordinance and the Bonds are solely governmental obligations, and that no personal liability whatsoever
shall attach to, or be incurred by, any director, officer or employee, as such, past, present or future, of the
County, either directly or by reason of any of the obligations, covenants, promises, or agreements entered
into between the County and the owners of the Bonds or to be implied therefrom as being supplemental
hereto or thereto, and that all personal liability of that character against every such elected official, officer
and employee is, by the enactment of this Ordinance and the execution of the Bonds, and as a condition of,
and as a part of the consideration for, the enactment of this Ordinance and the execution of the Bonds,
expressly waived and released. The immunity of elected officials, officers and employees of the County
and waiver and release of personal liability under the provisions contained in this Section shall survive the
termination of this Ordinance and maturity of the Bonds issued hereunder.
SECTION 23. Miscellaneous. The County Council hereby authorizes Chair of the County Council,
the Clerk to the County Council, the County Administrator, the Assistant County Administrator of
Administration and the County Attorney to execute such documents and instruments as necessary to effect the
issuance of the Bonds. The County Council hereby retains Parker Poe Adams & Bernstein LLP as bond
counsel and PFM Financial Advisors LLC as municipal advisor, in connection with the issuance of the Bonds.
All rules, regulations, resolutions and parts thereof, procedural or otherwise, in conflict herewith or the
proceedings authorizing the issuance of the Bonds are, to the extent of such conflict, hereby repealed and this
Ordinance shall take effect and be in full force from and after its enactment.
by law.

This Ordinance shall forthwith be codified in the Code of County Ordinances in the manner prescribed

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AND IT IS SO ORDAINED, ENACTED AND ORDERED.
Dated this _______ day of February, 2026.
HORRY COUNTY COUNCIL
________________________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:
__________________________________
Ashley C. Carroll, Clerk to Council
First Reading:
Second Reading:
Public Hearing:
Third Reading

February 3, 2026
February 17, 2026
February 17, 2026
March 3, 2026

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EXHIBIT A
FORM OF BOND
[UNLESS THIS BOND IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY (“SECURITIES DEPOSITORY”), TO HORRY COUNTY, SOUTH CAROLINA, OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY BOND ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF THE SECURITIES DEPOSITORY (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]

UNITED STATES OF AMERICA
STATE OF SOUTH CAROLINA
COUNTY OF HORRY
GENERAL OBLIGATION BOND (EMS STATION)
SERIES 2026
No. RA-[ ]

INTEREST
RATE

$[ ]

MATURITY
DATE

REGISTERED HOLDER:

[]

PRINCIPAL AMOUNT:

[ ] DOLLARS

ORIGINAL
ISSUE DATE

CUSIP

KNOW ALL MEN BY THESE PRESENTS, that Horry County, South Carolina (the “County”), is
justly indebted and, for value received, hereby promises to pay to the registered holder specified above, or
registered assigns, the principal amount specified above on the maturity date specified above, upon presentation
and surrender of this Bond at the principal office of ______________, in the City of __________, State of
____________ (the “Paying Agent”), and to pay interest on such principal amount from the date hereof at the
rate per annum specified above until this Bond matures. Interest on this Bond is payable ________ 1, 20___,
and semiannually on __________ 1 and ___________ 1 of each year thereafter, until the County’s obligation
with respect to the payment of such principal sum shall be discharged, and shall be payable by check or draft
mailed to the person in whose name this Bond is registered on the registration books of the County maintained
by the registrar, presently _________________, in ________________, _________________ (the
“Registrar”), at the close of business on the fifteenth (15th) day of the calendar month preceding each
semiannual interest payment date. The principal of and interest on this Bond are payable in any coin or
currency of the United States of America which is, at the time of payment, legal tender for public and private
debts; provided, however, that interest on this fully registered Bond shall be paid by check or draft as set forth
above.

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This Bond shall not be entitled to any benefit under the Ordinance (hereafter defined), nor become
valid or obligatory for any purpose, until the certificate of authentication hereon shall have been duly executed
by the Registrar.
For the payment hereof, both principal and interest, as they respectively mature and for the creation of
such sinking fund as may be necessary therefor, the full faith, credit and taxing power of the County are
irrevocably pledged and there shall be levied annually by the Auditor of the County and collected by the
Treasurer of the County, in the same manner as other county taxes are levied and collected, a tax, without limit,
on all taxable property in the County sufficient to pay the principal of and interest on this Bond as they
respectively mature and to create such sinking fund as may be necessary therefor.
This Bond is [one of a series of Bonds of like date of original issue, tenor and effect, except as to
number, denomination, date of maturity, redemption provisions, and rate of interest, aggregating
________________________ Dollars ($___________)], issued [as a single certificate] pursuant to and in
accordance with the Constitution and laws of the State of South Carolina, including Article X, Section 14 of
the Constitution of the State of South Carolina, 1895, as amended; Title 4, Chapter 15, Code of Laws of South
Carolina 1976, as amended; Title 11, Chapter 27, Code of Laws of South Carolina 1976, as amended; and
Ordinance No. _______ duly enacted by the County Council on _____________, 2026 (the “Ordinance”).
[The Bonds are being issued by means of a book-entry system with no physical distribution of bond
certificates to be made except as provided in the Ordinance. One bond certificate with respect to each date on
which the Bonds are stated to mature, registered in the name of the Securities Depository Nominee, is being
issued and required to be deposited with the Securities Depository and immobilized in its custody. The bookentry system will evidence positions held in the Bonds by participants in the Securities Depository
(“Participants”), with beneficial ownership of the Bonds in the principal amount of $5,000 or any multiple
thereof being evidenced in the records of such Participants. Transfers of ownership shall be effected on the
records of the Securities Depository and its Participants pursuant to rules and procedures established by the
Securities Depository and its Participants. The County and the Registrar/Paying Agent will recognize the
Securities Depository Nominee, while the registered owner of this bond, as the owner of this bond for all
purposes, including payments of principal of and redemption premium, if any, and interest on this bond, notices
and voting. Transfer of principal and interest payments to Participants of the Securities Depository will be the
responsibility of the Securities Depository, and transfer of principal, redemption premium, if any, and interest
payments to beneficial owners of the Bonds by Participants will be the responsibility of such Participants and
other nominees of such beneficial owners. The County will not be responsible or liable for such transfers of
payments or for maintaining, supervision or reviewing the records maintained by the Securities Depository, the
Securities Depository Nominee, its Participants or persons acting through such Participants. While the
Securities Depository Nominee is the owner of this bond, notwithstanding the provision hereinabove contained,
payments of principal of, redemption premium, if any, and interest on this bond shall be made in accordance
with existing arrangements between the Registrar/Paying Agent or its successors under the Ordinance and the
Securities Depository.]
[Redemption Provisions: The Bonds maturing on or prior to __________ ___, ____ shall not be
subject to redemption prior to their stated maturities. The Bonds maturing on or after __________ ___, ____
shall be subject to redemption at the option of the County on or after _________ ___, ____, as a whole or in
part at any time, in such order of redemption as the County may determine, at par plus accrued interest to the
date fixed for redemption.][The Bonds are not subject to redemption prior to maturity].

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This Bond is transferable as provided in the Ordinance, only upon the books of the County kept for
that purpose at the principal office of the Registrar by the registered holder in person or by his duly authorized
attorney upon surrender of this Bond together with a written instrument of transfer satisfactory to the Registrar
duly executed by the registered holder or his duly authorized attorney. Thereupon a new fully registered Bond
or Bonds of the same aggregate principal amount, interest rate redemption provisions, if any, and maturity shall
be issued to the transferee in exchange therefor as provided in the Ordinance. The County, the Registrar and
the Paying Agent may deem and treat the person in whose name this Bond is registered as the absolute owner
hereof for the purpose of receiving payment of or on account of the principal hereof and interest due hereon
and for all other purposes.
Under the laws of the State of South Carolina, this Bond and the interest hereon are exempt from all
State, county, municipal, school district and all other taxes or assessments, except estate or other transfer taxes,
direct or indirect, general or special, whether imposed for the purpose of general revenue or otherwise.
It is hereby certified and recited that all acts, conditions and things required by the Constitution and
laws of the State of South Carolina to exist, to happen and to be performed precedent to or in the issuance of
this Bond exist, have happened and have been performed in regular and due time, form and manner as required
by law; that the amount of this Bond, together with all other general obligation indebtedness of the County,
does not exceed the applicable limitation of general obligation indebtedness under the laws of the State of South
Carolina; and that provision has been made for the levy and collection of a tax, without limit, on all taxable
property in the County sufficient to pay the principal of and interest on this Bond as the same shall respectively
mature and to create such sinking fund as may be necessary therefor.
IN WITNESS WHEREOF, HORRY COUNTY, SOUTH CAROLINA, has caused this Bond to be
signed with the manual or facsimile signature of the Chair of the County Council, attested by the manual or
facsimile signature of the Clerk to the County Council and the seal of the County impressed, imprinted or
reproduced hereon.
HORRY COUNTY, SOUTH CAROLINA
[SEAL]

________________________________________
Chair, County Council

ATTEST:
_______________________________________
Clerk, County Council

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[FORM OF REGISTRAR’S CERTIFICATE OF AUTHENTICATION]
Date of Authentication:
This bond is one of the Bonds described in the within mentioned Ordinance of Horry County, South
Carolina.
__________________________________
As Registrar
By: ___________________________________
Authorized Officer
The following abbreviations, when used in the inscription on the face of this Bond shall be construed
as though they were written out in full according to applicable laws or regulations.
TEN COM – As tenants in common

UNIF GIFT MIN. ACT

TEN ENT – As tenants by the entireties

________ Custodian ___________
(Cust.) (Minor)

JT TEN – As joint tenants with right of
Survivorship and not as tenants in common

Under Uniform Gifts to Minors
________________________________
(State)

Additional abbreviations may also be used though not in list above.

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[FORM OF ASSIGNMENT]
FOR VALUE RECEIVED, the undersigned sells, assigns and transfers unto
______________________________________________________________________________
(Name and address of Transferee)
the within Bond and does hereby irrevocably constitute and appoint ________________ attorney to transfer
the within Bond on the books kept for registration thereof, with full power of substitution in the premises.
Dated: ______________
________________________________________
Signature Guaranteed:

_________________________________________
(Authorizing Officer)

________________________________________
Signature(s) must be guaranteed by an institution
which is a participant in the Securities Transfer
Agents Medallion Program (“STAMP”) or similar
program.

_________________________________________
NOTICE: The signature to this agreement must
correspond with the name of the registered holder
as it appears upon the face of the within Bond in
every particular, without alteration or enlargement
or any change whatever.

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EXHIBIT B
FORM OF NOTICE OF PUBLIC HEARING
Notice is hereby given that a public hearing will be held by the County Council of Horry County,
South Carolina (the “County”), in County Council Chambers, Horry County Government Complex, 1301
Second Avenue, Conway, South Carolina at 6:00 p.m. on _________, 2026.
The purpose of the public hearing is to consider an Ordinance
AUTHORIZING THE ISSUANCE AND SALE OF NOT EXCEEDING $5,000,000
GENERAL OBLIGATION BONDS, SERIES 2026, OR SUCH OTHER APPROPRIATE
SERIES DESIGNATION, OF HORRY COUNTY, SOUTH CAROLINA; FIXING THE
FORM AND DETAILS OF THE BONDS; AUTHORIZING THE COUNTY
ADMINISTRATOR OR HIS LAWFULLY-AUTHORIZED DESIGNEE TO
DETERMINE CERTAIN MATTERS RELATING TO THE BONDS; PROVIDING FOR
THE PAYMENT OF THE BONDS AND THE DISPOSITION OF THE PROCEEDS
THEREOF; AND OTHER MATTERS RELATING THERETO.
The full faith, credit, and taxing power of the County will be pledged for the payment of the principal
of and interest on the Bonds and a tax, without limit, will be levied on and collected annually, in the same
manner other County taxes are levied and collected, on all taxable property of the County sufficient to pay to
principal of and interest on the Bonds as they respectively mature and to create such sinking fund as may be
necessary therefor.
At the public hearing all taxpayers and residents of the County and any other interested persons who
appear will be given an opportunity to express their views for or against the Ordinance and the issuance of the
Bonds.
COUNTY COUNCIL OF HORRY COUNTY,
SOUTH CAROLINA
/s/
Chair

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EXHIBIT C
FORM OF NOTICE
NOTICE IS HEREBY GIVEN that the County Council (the “County Council”) of Horry County,
South Carolina (the “County”), on [ ], 2026, enacted an ordinance entitled “AUTHORIZING THE ISSUANCE
AND SALE OF NOT EXCEEDING $5,000,000 GENERAL OBLIGATION BONDS, SERIES 2026, OR
SUCH OTHER APPROPRIATE SERIES DESIGNATION, OF HORRY COUNTY, SOUTH CAROLINA;
FIXING THE FORM AND DETAILS OF THE BONDS; AUTHORIZING THE COUNTY
ADMINISTRATOR OR HIS LAWFULLY-AUTHORIZED DESIGNEE TO DETERMINE CERTAIN
MATTERS RELATING TO THE BONDS; PROVIDING FOR THE PAYMENT OF THE BONDS AND
THE DISPOSITION OF THE PROCEEDS THEREOF; AND OTHER MATTERS RELATING
THERETO.” (the “Ordinance”). The Ordinance authorizes the issuance and sale of not exceeding $5,000,000
General Obligation Bonds (the “Bonds”) of the County.
The proceeds of the Bonds will be used to defray all or a portion of (i) the costs of designing, acquiring,
constructing, improving and equipping an EMS station in the Windy Hill area, including the acquisition of
land; (collectively, the “Project”); and (ii) the cost and expenses of issuing the Bonds.
Pursuant to Section 11-27-40(8) of the Code of Laws of South Carolina, 1976, as amended, unless a
notice, signed by not less than five (5) qualified electors of the County, of the intention to seek a referendum is
filed both in the office of the Clerk of Court of the County and with the Clerk of the County Council, the
initiative and referendum provisions of South Carolina law, Sections 4-9-1210 to 4-9-1230, Code of Laws of
South Carolina, 1976, as amended, shall not be applicable to the Ordinance. The notice of intention to seek a
referendum must be filed within twenty (20) days following the publication of this notice of the adoption of the
aforesaid Ordinance in a newspaper of general circulation in Horry County.
HORRY COUNTY, SOUTH CAROLINA

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COUNTY OF HORRY

)
)
)

STATE OF SOUTH CAROLINA

ORDINANCE NO: ___-2026

AN ORDINANCE TO AMEND THE FISCAL YEAR 2026 BUDGET ORDINANCE NUMBER 39-2025,
SECTION 1 SO AS TO RECOGNIZE VARIOUS ADDITIONAL REVENUE AND EXPENDITURES
WHEREAS, the Horry County Council adopted Ordinance 39-2025 entitled “AN ORDINANCE TO RAISE
REVENUE, MAKE APPROPRIATIONS AND ADOPT A BUDGET FOR HORRY COUNTY, SOUTH
CAROLINA, FOR THE YEAR ENDING JUNE 30, 2026”; and
WHEREAS, the adopted budget included appropriations for principal and interest payments related to
the issuance of General Obligation Bonds, Series 2026A – Windy Hill EMS Station; and
WHEREAS, subsequent to adoption of the budget, County staff determined that issuing the debt with a
shorter amortization term is in the best financial interest of the County; and
WHEREAS, issuing the debt over a shorter term will result in higher annual principal payment currently
but create increased future borrowing capability; and
WHEREAS, the currently budgeted principal appropriations are insufficient due to the revised debt
amortization schedule; and
WHEREAS, County Council now would desire to amend the Fiscal Year 2026 budget, adjusting
expenditures in the Capital Planning funds.
NOW, THEREFORE, by the power and authority granted to the Horry County Council by the Constitution
of the State of South Carolina, and the powers granted to the County by the General Assembly of the
State, it is ordained and enacted that:
Section 1 is amended and will increase the following items:

1. Addition of $346,331 in principal expenditures in the Capital Planning fund for Windy Hill EMS
project.
2. Severability: If a Section, Sub-section, or part of this Ordinance shall be deemed or found to
conflict with a provision of the South Carolina law, or other pre-emptive legal principle, then that
Section, Sub-section, or part of this Ordinance shall be deemed ineffective, but the remaining
parts of this Ordinance shall remain in full force and effect.
3. Effective date: This Ordinance shall be effective upon passage of Third Reading.
AND IT IS SO ORDAINED this ___ day of

, 2026.
HORRY COUNTY COUNCIL

___________________________
Johnny Gardner, Chairman

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Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:
______________________________
Ashley C. Carroll, Clerk to Council
Date of First Reading:
Date of Second Reading:
Date of Public Hearing:
Date of Third Reading:

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COUNTY OF HORRY
STATE OF SOUTH CAROLINA

)
)

COMMUNITY BENEFIT RESOLUTION R-02-2026

A RESOLUTION APPROVING AN ALLOCATION OF COUNCIL COMMUNITY BENEFIT FUNDS.
WHEREAS, Horry County Council has provided $240,000 in the General Fund budget for Council District
community benefit accounts, from which each council member is allotted $20,000 per annum; and
WHEREAS, the expenditure of such funds must be for a public purpose with allocations made to
organizations with appropriate tax exempt status; and
WHEREAS, the following allocations have been requested:
Council
District

Amount

Organization & Purpose

11

$1,500.00

Conway Hot Shots – funds will be used for equipment and travel.

NOW, THEREFORE, BE IT RESOLVED that Horry County Council approves the above allocations from
the Council District community benefit accounts and the funded organizations must comply with the
County’s funding agreement and procedures as applicable.
AND IT IS SO RESOLVED this 3rd day of February, 2026.
HORRY COUNTY COUNCIL

________________________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:

___________________________
Ashley C. Carroll, Clerk to Council

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COUNTY OF HORRY
STATE OF SOUTH CAROLINA

)
)

COMMUNITY BENEFIT RESOLUTION R-04-2026

A RESOLUTION APPROVING AN ALLOCATION OF COUNCIL COMMUNITY BENEFIT FUNDS.
WHEREAS, Horry County Council has provided $240,000 in the General Fund budget for Council District
community benefit accounts, from which each council member is allotted $20,000 per annum; and
WHEREAS, the expenditure of such funds must be for a public purpose with allocations made to
organizations with appropriate tax exempt status; and
WHEREAS, the following allocations have been requested:
Council
District

Amount

Organization & Purpose

2

$ 2,000.00

Waccamaw EOC, Inc. – funds will be used to help with the teacher
and employee of the year program.

NOW, THEREFORE, BE IT RESOLVED that Horry County Council approves the above allocations from
the Council District community benefit accounts and the funded organizations must comply with the
County’s funding agreement and procedures as applicable.
AND IT IS SO RESOLVED this 3rd day of February, 2026.
HORRY COUNTY COUNCIL
________________________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:

___________________________
Ashley C. Carroll, Clerk to Council

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Waccamaw Economic
Opportunity Council Inc.
EIN: 57-6027714 | Conway, South Carolina, United States

Other Names
WACCAMAW ECONOMIC OPPORTUNITY COUNCIL INC
WACCAMAW ECONOMIC OPPORTUNITY COUNIL INC

Publication 78 Data
Organizations eligible to receive tax-deductible charitable contributions. Users
may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List: Yes
Deductibility Code: PC

Copies of Returns (990, 990-EZ, 990-PF, 990T)
Electronic copies (images) of Forms 990, 990-EZ, 990-PF or 990-T returns filed
with the IRS by charities and non-profits.

Tax Year 2022 Form 990T
Tax Year 2022 Form 990
Tax Year 2021 Form 990T
Tax Year 2021 Form 990

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Tax Year 2019 Form 990T
Tax Year 2019 Form 990T
Tax Year 2019 Form 990
Tax Year 2018 Form 990
Tax Year 2018 Form 990T
Tax Year 2017 Form 990
Tax Year 2017 Form 990T
Tax Year 2016 Form 990
Tax Year 2016 Form 990T
Tax Year 2015 Form 990
Tax Year 2015 Form 990T
Tax Year 2013 Form 990T

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COUNTY OF HORRY
STATE OF SOUTH CAROLINA

)
)

COMMUNITY BENEFIT RESOLUTION R-05-2026

A RESOLUTION APPROVING AN ALLOCATION OF COUNCIL COMMUNITY BENEFIT FUNDS.
WHEREAS, Horry County Council has provided $240,000 in the General Fund budget for Council District
community benefit accounts, from which each council member is allotted $20,000 per annum; and
WHEREAS, the expenditure of such funds must be for a public purpose with allocations made to
organizations with appropriate tax exempt status; and
WHEREAS, the following allocations have been requested:
Council
District

Amount

Organization & Purpose

Chrm.
4
6
7
8
11

$1,000.00 Grand Strand Christian Church – funds will be used to help with
$1,000.00 Annie’s Place Senior Apartments.
$1,000.00
$ 500.00
$8,000.00
$1,000.00
$12,500.00

NOW, THEREFORE, BE IT RESOLVED that Horry County Council approves the above allocations from
the Council District community benefit accounts and the funded organizations must comply with the
County’s funding agreement and procedures as applicable.
AND IT IS SO RESOLVED this 3rd day of February, 2026.
HORRY COUNTY COUNCIL
________________________________________
Johnny Gardner, Chairman
Jenna L. Dukes, District 1
Bill Howard, District 2
Dennis DiSabato, District 3
Gary Loftus, District 4
Tyler Servant, District 5
Cam Crawford, District 6

Tom Anderson, District 7
Michael Masciarelli, District 8
R. Mark Causey, District 9
Danny Hardee, District 10
Al Allen, District 11

Attest:

___________________________
Ashley C. Carroll, Clerk to Council

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Grand Strand Christian Church
EIN: 57-0812346 | Myrtle Beach, South Carolina, United
States

Publication 78 Data
Organizations eligible to receive tax-deductible charitable contributions. Users
may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List: Yes
Deductibility Code: PC

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County Council Community Benefit Fund
November & December 2025

Chairman Johnny Gardner
District 1 Jenna Dukes
District 2 Bill Howard
District 3 Dennis DiSabato
District 4 Gary Loftus
District 5 Tyler Servant
District 6 Cam Crawford
District 7 Tom Anderson
District 8 Mike Masciarelli
District 9 Mark Causey
District 10 Danny Hardee
District 11 Al Allen
Grand Total

FY 26 Original Budget

FY 26 Original Budget & Fiscal Year to
Available Budget
Prior Year Rollfowards Date Expended

$
$
$
$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$

20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
240,000.00

89,266.00
45,000.00
20,834.00
21,646.34
34,780.00
40,000.00
20,000.00
72,606.00
85,550.00
48,027.66
40,134.90
107,013.65
624,858.55

$
$
$
$
$
$
$
$
$
$
$
$
$

13,500.00
12,500.00
17,000.00
16,500.00
21,000.00
40,000.00
15,500.00
4,000.00
16,500.00
15,500.00
15,000.00
10,500.00
197,500.00

$
$
$
$
$
$
$
$
$
$
$
$
$

75,766.00
32,500.00
3,834.00
5,146.34
13,780.00
4,500.00
68,606.00
69,050.00
32,527.66
25,134.90
96,513.65
427,358.55

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Council Expense Account Expenditures (November & December 2025)
Member

Date

Amount

Vendor

Purpose

Gardner
Dukes

Balance
$37,278.34

12/10/25

$227.26 Courtyard Marriott

Legislative Trip

$43,616.37

Howard

$19,630.46

DiSabato

$47,872.19

Loftus

$14,420.95

Servant

$8,000.00

Crawford

11/12/25

$156.03 Coppers Restaurant

Meeting with HCPD Command Staff

12/10/25

$227.26 Courtyard Marriott

Legislative Trip

Anderson
Masciarelli
Causey

$25,339.18
$29,137.08

12/23/25

$259.00

Mileage Reimbursement

11/26/25

$1989.80

Mileage Reimbursement

12/10/25

$227.26 Courtyard Marriott

Legislative Trip

$22,294.62
$16,746.68

Hardee

$38,984.59

Allen

$17,053.21

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HORRY COUNTY, SC

INTERIM FINANCIAL STATEMENTS

GENERAL AND SELECTED SPECIAL REVENUE
FUNDS

November 30, 2025

UNAUDITED

Prepared by the Horry County Finance Department
Interim financial statement reports are presented as a financial snapshot of operations with analysis.

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GENERAL FUND HIGHLIGHTS
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
General Fund Revenues by Category
Intergovernmental,
$6,708,483 , 8%

Fee in lieu of tax,
$846,383 , 1%

Fees and fines,
$13,499,389 , 17%

Documentary
stamps, $4,172,777
, 5%

$79,829,548

License and permits,
$5,551,428 , 7%
Real, Personal &Vehicle
taxes, $41,967,587 , 53%

Other, $6,964,750
, 9%

Cost allocation,
$118,751 , 0%

General Fund Expenditures by Activity
Public safety,
$67,590,276 , 63%

Health and social services,
$788,861 , 1%

$107,683,008

Infrastructure and
regulation,
$12,016,087 , 11%
Culture, recreation
and tourism,
$3,252,307 , 3%

General government,
$23,980,823 , 22%

Other, $54,654 , 0%

General Fund Personnel Costs by Activity

Health and Social
Services, $231,555 ,
0%

Public Safety,
$51,266,243 , 67%

$76,393,548

Infrastructure & Reg,
$8,231,372 , 11%

Culture, Recreation
and Tourism,
$2,024,125 , 3%

General Government,
$14,640,253 , 19%

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REVENUE SOURCES FOR SELECTED SPECIAL REVENUE FUNDS
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
Fire

Road Maintenance & CTC
Fee in lieu of tax,
58,679 , 1%

Intergovernmental,
306,349 , 3%

Intergovernmental,
19,092 , 0%

Interest & Other,
1,313,294 , 12%

Interest & Other,
392,626 , 3%
Real, personal &
vehicle taxes,
9,812,968 , 87%

$10,710,105

$11,338,109
Transfers In,
1,054,744 , 9%
Road fees,
9,090,462 , 85%

Beach Renourishment

Stormwater
Intergovernmental,
1,325,281 , 23%

Transfers In,
416,705 , 8%

Interest & Other,
5,115,597 , 91%

$5,606,402

$5,808,108
Interest & Other,
266,358 , 4%

Intergovernmental,
74,100 , 1%
Stormwater fees,
4,216,469 , 73%

Recreation

Waste Management Recycling
Fee in lieu of tax,
10,213 , 0%
Intergovernmental,
50,351 , 2%

Real, personal &
vehicle taxes,
4,467,402 , 93%

Fee in lieu of tax,
25,844 , 1%

Interest & Other,
444,576 , 18%

$2,525,015
Real, personal &
vehicle taxes,
1,797,671 , 71%

$4,793,518
Interest & Other,
300,272 , 6%

Hospitality fees,
90,363 , 4%

License and
permits, 131,841
, 5%

Total Revenues
Intergovernmental,
1,775,173 , 5%

Fee in lieu of tax,
94,736 , 0%

Interest & Other,
7,832,723 , 19%
Real, personal &
vehicle taxes,
16,078,041 , 40%

Hospitality fees,
90,363 , 0%

$40,781,257
License and
permits, 131,841 ,
0%

Stormwater fees,
4,216,469 , 10%

Road fees,
9,090,462 , 22%

Transfers In,
1,471,449 , 4%

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HORRY COUNTY, SOUTH CAROLINA
EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
General Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

$
$

288,508,874
293,476,579
(4,967,705)
(16,275,397)
(21,243,102)
293,476,579
293,476,579

$

$
$
$

FY 2025

Actual

E
% Actual
to Annual
Budget

79,829,548
107,683,008

27.67%
36.69%

(27,853,460)
(4,640,340)
(32,493,800)

28.51%

107,683,008
8,030,875
115,713,883

36.69%
39.43%

F

G
Variance
Actual /
Actual

Actual
$

77,958,251
98,030,773

$

(20,072,522)
(3,661,208)
$ (23,733,730)

$

$

$

98,030,773
7,206,102
$ 105,236,875

1,871,297
(9,652,235)
(7,780,938)
(979,132)
(8,760,070)

(9,652,235)
(824,773)
$ (10,477,008)

Highlights relating to Revenues and Expenditures
INTRODUCTION
Total actual revenues of $79.8M were offset by expenditures of $107.7M and other financing uses of ($4.6M) to produce an decrease in fund balance
of ($32.5M).

REVENUES
Total general fund actual revenues increased by $1.9M over prior year primarily due to increases in real and personal property taxes and interest
revenue. Below lists each revenue category with year to date total and comparison to prior year to date total.

3,478,343
3,548,171

Other

8,941,167
9,290,563

Fees & fines

4,119,329
3,004,451

Interest

4,558,222
4,639,889

Hospitality Fees & Local ATAX

Register of Deeds

5,566,020
5,281,584

Building permits

4,490,395
5,845,389

Intergovernmental

6,708,483
6,655,524

Vehicle taxes

7,556,979
6,935,775
34,410,607
32,756,901

Real and personal property taxes

-

5,000,000

10,000,000

15,000,000
11/30/2025

20,000,000

25,000,000

30,000,000

35,000,000

40,000,000

11/30/2024

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HORRY COUNTY, SOUTH CAROLINA
EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

EXPENDITURES
General Fund - Budgetary Basis
FY 2026
C

A

Personnel costs
Other operating expenditures
Subtotal expenditures
Encumbrances

F

Annual
Budget

Actual
& Encumbrances

to Annual

Actual

Budget

& Encumbrances

207,884,301
85,592,278
293,476,579
293,476,579

$

36.75%
36.56%

$

$

Total expenditures & encumbrances

FY 2025
E
% Actual

$

76,393,548
31,289,460
107,683,008
8,030,875
115,713,883

$

69,726,381
28,304,392
98,030,773
7,206,102
$ 105,236,875

39.43%

G
Variance
Actual /
Actual
$

(6,667,167)
(2,985,068)
(9,652,235)
(824,773)
$ (10,477,008)

Highlights
EXPENDITURES
Total general fund actual expenditures are ($9.7M) higher than prior year. The general fund expenditures annual budget of
$293,476,579 includes personnel costs (salaries and fringe benefits) of $207,884,301, which is 71% of the total expenditure budget.

Actual personnel costs are ($6.7M) higher than prior year. The change in personnel costs is illustrated below:
$60,000,000

$49.9M
$50,000,000

$45.5M

$40,000,000

$26.5M

$30,000,000

$24.2M

$20,000,000
$10,000,000
$Wages
(Salary, Overtime, Vacation, Holiday)
11/30/2025

Fringe Benefits
11/30/2024

Total general fund actual salaries increased ($4.4M) and fringe benefits have increased ($2.3M).
Total general fund actual other operating expenditures for FY26 are ($3.0M) higher than FY25. The change in other operating
expenditures is illustrated below:

$16,000,000
$14,000,000

$14.3M
$12.4M

$12,000,000
$10,000,000

$7.5M

$8,000,000

$6.6M

$6.1M

$6.2M

$6,000,000

$2.9M

$4,000,000

$2.9M

$2,000,000

$415.3k $164.4k

$89.7k $89.7k

$Contractual services

Supplies & materials

Business & transportation
11/30/2025

Program Expenditures

Capital & Other

Contributions to agencies

11/30/2024

Increase in contractual services ($1.9M) and Supplies & Materials ($914k).

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HORRY COUNTY, SOUTH CAROLINA
GENERAL FUND
BALANCE SHEETS
As of NOVEMBER 30, 2025
(with comparative amounts November 30, 2024)
UNAUDITED
2026
Assets
Cash and cash equivalents
Pooled cash and investments
Receivables, net:
Property taxes and other taxes
Accounts and other
Fees
Leases
Due from other funds
Due from other governments
Inventories
Prepaid items
Total Assets
Liabilities
Accounts payable - trade
Accrued salaries & wages
Due to other governments
Due to component unit
Unearned revenue
Proceeds from sale of properties due to
delinquent taxes
Construction performance bonds
Other accrued liabilities
Total Liabilities

$

2,100,757
243,462,041

2025
$

142,313,449
6,498,541
6,285,680
178,767
687,220
106,656
338,223
6,627,255

1,906,968
202,705,979
136,442,477
8,166,191
6,228,216
470,374
701,300
583,762
315,579
5,897,349

$

408,598,589

$

363,418,195

$

1,627,344
4,993,906
2,839,832
120,479
11,390

$

1,638,053
4,436,697
2,987,382
95,147
5,333

12,297,335
58,223,145
2,404,532
82,517,963

6,855,522
56,574,665
2,274,235
74,867,034

Deferred inflows of resources
Unavailable revenue - fees and other
Unavailable revenue - property taxes
Deferred revenue - leases
Total deferred inflows of resources

6,917,994
148,598,439
168,480
155,684,913

8,365,092
142,670,002
456,482
151,491,576

Fund balances
Nonspendable
Committed to public safety
Committed to culture, recreation & tourism
Committed to infrastructure & regulation
Committed to reserves / stabilization
Committed to other purposes
Committed to OPEB
Committed to abatement/demolition
Committed to affordable workplace housing
Committed to retiree health insurance plan
Unassigned (deficit)

6,965,478
3,973,099
402,538
2,654,163
91,914,616
13,411,869
16,230,438
914,173
2,619,914
31,309,425

6,212,928
3,055,577
364,551
1,895,903
87,029,917
845,395
14,679,167
883,885
1,869,914
4,935,337
15,287,011

170,395,713

137,059,585

Total fund balances
Total liabilities, deferred inflows of resources
and fund balances

$

408,598,589

$

363,418,195

Page 89 of 234

Page 90 of 234

HORRY COUNTY, SOUTH CAROLINA
GENERAL FUND
STATEMENTS OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)

UNAUDITED
FY 2025

FY 2026
A
Annual
Budget

Revenues
Real and personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental
Fees and fines
Documentary stamps
License and permits
Cost allocation
Other
Total revenues

$

163,520,980
14,803,822
5,543,690
19,375,614
38,276,026
8,686,206
22,488,615
5,200,000
10,613,921
288,508,874

B
Actual
$

34,410,608
7,556,979
846,383
6,708,483
13,499,389
4,172,777
5,551,428
118,751
6,964,750
79,829,548

C
Variance Annual
Budget / Actual
$

E
Variance
Actual / Actual

D
Prior Year
Actual

(129,110,372)
(7,246,843)
(4,697,307)
(12,667,131)
(24,776,637)
(4,513,429)
(16,937,187)
(5,081,249)
(3,649,171)
(208,679,326)

$ 32,756,903
6,935,775
1,121,811
6,655,524
13,930,452
3,907,577
6,717,193
112,500
5,820,516
77,958,251

$

1,653,705
621,204
(275,428)
52,959
(431,063)
265,200
(1,165,765)
6,251
1,144,234
1,871,297

Expenditures
Current:
General government
Public safety
Health and social services
Infrastructure and regulation
Culture, recreation and tourism
Economic development
Total expenditures

63,938,716
184,131,211
1,932,868
34,656,987
8,702,239
114,558
293,476,579

23,980,823
67,590,276
788,861
12,016,087
3,252,307
54,654
107,683,008

39,957,893
116,540,935
1,144,007
22,640,900
5,449,932
59,904
185,793,571

21,956,937
61,351,514
1,012,267
10,512,494
3,142,907
54,654
98,030,773

(2,023,886)
(6,238,762)
223,406
(1,503,593)
(109,400)
(9,652,235)

Excess (deficiency) of revenues over
expenditures

(4,967,705)

(27,853,460)

(22,885,755)

(20,072,522)

(7,780,938)

Other Financing Sources (Uses)
Sales of assets
Transfers in
Transfers out
Total other financing sources (uses)

25,000
5,039,968
(21,340,365)
(16,275,397)

102,781
2,171,104
(6,914,225)
(4,640,340)

77,781
(2,868,864)
14,426,140
11,635,057

740
2,105,859
(5,767,807)
(3,661,208)

102,041
65,245
(1,146,418)
(979,132)

(21,243,102)

(32,493,800)

(11,250,698)

(23,733,730)

(8,760,070)

202,889,513

202,889,513

-

160,793,315

42,096,198

181,646,411

$ 170,395,713

(11,250,698)

$ 137,059,585

Net change in fund balance
Fund balance at beginning of year
Fund balance at of end of period

$

$

$

33,336,128

Page 90 of 234

Page 91 of 234

Horry County, South Carolina
General Fund Revenue - Building Permits
For the Twelve Month Periods ended November 30, 2025 and November 30, 2024
0
Current 12 Months

Prior 12 Months

1,450,000.00
1,350,000.00
1,250,000.00
1,150,000.00
1,050,000.00
950,000.00
850,000.00
750,000.00
650,000.00
550,000.00
450,000.00
350,000.00
250,000.00

Horry County, South Carolina
Business License Revenue - All Funds
(General Fund, Recreation, Waste Management Recycling)
For the Twelve Month Periods ended November 30, 2025 and November 30, 2024
Current 12 Months

Prior 12 Months

7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
-

Horry County, South Carolina

Page 91 of 234

Page 92 of 234

General Fund Revenue - Register of Deeds
For the Twelve Month Periods ended November 30, 2025 and November 30, 2024

Current 12 Months

Prior 12 Months

1460000
1260000
1060000
860000
660000
460000
260000

Horry County, South Carolina
General Fund Revenue - EMS Fees
For the Twelve Month Periods ended November 30, 2025 and November 30, 2024
Current 12 Months

Prior 12 Months

2,000,000.00
1,750,000.00
1,500,000.00
1,250,000.00
1,000,000.00
750,000.00
500,000.00
250,000.00
-

Page 92 of 234

Page 93 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Fire Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget

FY2025

Actual

44,526,778
47,863,210

$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)

$

10,283,365
16,539,048

23.09%
34.55%

(6,255,683)
992,594

187.50%
68.54%

Net Change in Fund Balance

$

(1,888,275)

$

(5,263,089)

Total expenditures
Total encumbrances

$

47,863,210
-

$

16,539,048
227,991

Total expenditures & encumbrances

$

47,863,210

$

16,767,039

(3,336,432)
1,448,157

$

9,979,967
13,588,909

G
Variance
Actual /
Actual
$

(3,608,942)
424,299

303,398
(2,950,139)
(2,646,741)
568,295

$ (3,184,643)

$

(2,078,446)

34.55%

$ 13,588,909
323,710

$

(2,950,139)
95,719

35.03%

$ 13,912,619

$

(2,854,420)

Highlights relating to Revenues and Expenditures
Total actual revenues increased $303k from prior year.

Total actual expenditures increased ($3.0M). The change in personnel costs is illustrated below
$10,000,000
$9,000,000
$8,000,000

$8.9M
$6.9M

$7,000,000
$6,000,000
$5,000,000

$5.2M
$4.2M

$4,000,000
$3,000,000
$2,000,000
$1,000,000
$Wages
(Salary, Overtime, Vacation, Holiday, Temporary
Help)
11/30/2025

Fringe Benefits

11/30/2024

Salaries increased by ($2.0M) and benefits increased by ($1.0M).
The change in other operating expenditures is illustrated below:

Fire Fund Other Operating Expenditures
$800,000
$700,000

Total

$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$11/30/2025

Contractual
services
$691,966

Supplies and
materials
$694,852

Business &
transportation
$698,753

11/30/2024

$629,634

$727,698

$540,754

Capital outlay

Other

$229,448

$204,025

$410,988

$211,990

Increase in business and transportation ($158k) and decrease in capital outlay $182k.

Page 93 of 234

Page 94 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Road Maintenance & CTC Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

23,293,297
42,563,356
(19,270,059)
(19,270,059)

$
$

42,563,356
42,563,356

$

FY2025

$

$

G
Variance
Actual /
Actual

10,710,105
6,712,984

45.98%
15.77%

$ 10,701,469
6,383,429

3,997,121
3,997,121

-20.74%
0.00%

4,318,040
(4,583)
4,313,457

6,712,984
4,419,094
11,132,078

15.77%

$
$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

$
$

6,383,429
15,139,254
$ 21,522,683

26.15%

$

8,636
(329,555)
(320,919)
4,583
(316,336)

$
$

(329,555)
10,720,160
10,390,605

$

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $9k from prior year.
Total actual expenditures increased ($330k). Encumbrances decreased $10.7M from prior year for decreases in pavement
and resurfacing and coastal rapid transit authority. The change in personnel costs is illustrated below:
The change in personnel costs is illustrated below:
$250,000

$210.2k
$200,000

$179k
$129.6k

$150,000

$107.7k
$100,000
$50,000
$Wages (Salary, Overtime, Vacation, Holiday,
Temporary Help)
11/30/2025

Fringe Benefits
11/30/2024

Decreases in wages $31k and benefits $22k.
The change in other operating expenditures is illustrated below:

Total

Road/CTC Fund Other Operating Expenditures
$5,000,000
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$Contractual
services

Supplies &
materials

Business &
transportation

11/30/2025

$5,935

$3,180

$18,387

State
construction
contracts
$423,144

11/30/2024

$5,009

$3,565

$36,037

$681,717

Capital outlay

Other

Distribution to
municipalities

Contributions to
agencies

$4,515,817

$271,065

$1,188,712

$-

$3,146,323

$273,917

$949,519

$947,519

Increases in capital outlay ($1.4M) and distribution to municipalities ($239k) and decreases in contributions to agencies $948k
and state construction contracts $259k.

Page 94 of 234

Page 95 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Beach Renourishment Fund - Budgetary Basis
A

FY 2026
C

Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

$

5,305,250
11,809,876
(6,504,626)
1,490,000
(5,014,626)

Actual
$

$

FY2025
F
Prior
Year
Actual

E
% Actual
to Annual
Budget

5,189,697
48,843

97.82%
0.41%

$

5,140,854
416,705
5,557,559

-79.03%
27.97%
-110.83%

$

246,868
68,631
178,237
400,420
578,657

G
Variance
Actual /
Actual
$

$

4,942,829
19,788
4,962,617
16,285
4,978,902

Total expenditures
Total encumbrances

$

11,809,876
-

$

48,843
9,887,452

0.41%

$

68,631
297,217

$

19,788
(9,590,235)

Total expenditures & encumbrances

$

11,809,876

$

9,936,295

84.14%

$

365,848

$

(9,570,447)

Total actual revenues increased $4.9M over prior year due to payment from the City of Myrtle Beach for renourishment project
this year.
Total expenditures have increased ($20k). Encumbrances increased ($9.6M) for beach renourishment.

Page 95 of 234

Page 96 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Stormwater Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

17,878,150
24,379,309
(6,501,159)
96,000
(6,405,159)

$
$

24,379,309
24,379,309

$

FY2025

$

$
$
$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

4,441,030
5,223,644

G
Variance
Actual /
Actual

5,808,108
5,030,162

32.49%
20.63%

$

777,946
777,946

-11.97%
0.00%

(782,614)
(356,547)
$ (1,139,161)

$

5,030,162
901,740
5,931,902

20.63%

$

$

24.33%

$

5,223,644
1,209,303
6,432,947

$

$

1,367,078
193,482
1,560,560
356,547
1,917,107
193,482
307,563
501,045

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $1.4M over prior year. Total actual expenditures decreased by $193k over last year.
The change in personnel costs is illustrated below:
$1.7M

$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$-

$1.5M

$937.5k

Wages
(Salary, Overtime, Vacation, Holiday, Temporary
Help)
11/30/2025

$843.2k

Fringe Benefits

11/30/2024

Salaries increased by ($162k) and related benefits increased by ($94k).
The change in other operating expenditures is illustrated below:

Stormwater Fund Other Operating Expenditures
$1,800,000
$1,600,000
$1,400,000

Total

$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$Contractual services

Supplies & materials

11/30/2025

$667,034

$239,260

Business &
transportation
$299,518

State construction
contracts
$1,048

Capital outlayinfrastructure
$252,241

$946,916

11/30/2024

$564,277

$349,530

$298,165

$-

$12,981

$1,631,322

Other

Increases in capital outlay-infrastructure ($239k) and contractual services ($103k) and decreases in supplies & materials
$110k and other $684k.

Page 96 of 234

Page 97 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Recreation Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

11,630,687
10,696,959

$

933,728
(1,144,000)
(210,272)

$
$

10,696,959
10,696,959

$

FY2025

$
$
$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

2,525,015
2,922,282

21.71%
27.32%

$

(397,267)
(61,250)
(458,517)

-42.55%
5.35%

2,922,282
192,429
3,114,711

27.32%

$

29.12%

$

G
Variance
Actual /
Actual

2,374,253
2,912,779
(538,526)
(145,761)
(684,287)

$

2,912,779
141,825
3,054,604

$

$
$
$

150,762
(9,503)
141,259
84,511
225,770
(9,503)
(50,604)
(60,107)

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $151k compared to prior year. Total actual expenditures increased ($10k).

The change in personnel costs is illustrated below:
$1,200,000

$1.1M

$1M

$1,000,000
$800,000

$577.3k

$600,000

$567k

$400,000
$200,000
$Wages (Salary, Overtime, Vacation, Holiday,
Temporary Help)
11/30/2025

Fringe Benefits

11/30/2024

Salaries increased by ($28k) and related benefits increased by ($10k) compared to prior year.
The change in other operating expenditures is illustrated below:

Recreation Fund Other Operating Expenditures
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$11/30/2025

$361,195

Supplies and
materials
$114,306

Business and
transportation
$92,756

$270,704

Distribution to
municipalities
$299,964

Programs and
Athletics
$143,135

11/30/2024

$316,002

$203,342

$92,734

$289,857

$300,000

$108,725

Contractual services

Other

Decrease in supplies and materials $89k.

Page 97 of 234

Page 98 of 234

EXECUTIVE OVERVIEW
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED

Waste Management Recycling Fund - Budgetary Basis
A

FY 2026
C

Annual
Budget
20,038,401
21,138,314

FY2025

Actual

Total revenues
Total expenditures
Excess of revenues
over expenditures
Other Financing Sources (Uses)

$

$

Net Change in Fund Balance

$

(2,439,913)

$

(76,053)

Total expenditures
Total encumbrances
Total expenditures & encumbrances

$

21,138,314
21,138,314

$

4,869,571
15,750,470
20,620,041

(1,099,913)
(1,340,000)

$

$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

4,793,518
4,869,571

23.92%
23.04%

(76,053)
-

6.91%
0.00%

$

97.55%

$

396,726
(70,000)
$

23.04%

4,604,350
4,207,624

G
Variance
Actual /
Actual
189,168
(661,947)
(472,779)
70,000

326,726

$

(402,779)

4,207,624
11,016,223
$ 15,223,847

$

(661,947)
(4,734,247)
(5,396,194)

$

$

Total actual revenues increased $189k compared to prior year.
Expenditures increased by ($662k). Increase in encumbrances of ($4.7M) related to contract increases in professional
services, service contracts and tipping fees.

Page 98 of 234

Page 99 of 234

HORRY COUNTY, SOUTH CAROLINA
SELECTED SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
As of NOVEMBER 30, 2025
UNAUDITED

Assets
Pooled cash and investments
Receivables, net:
Property taxes
Accounts and other
Fees
Lease receivable - GASB 87
Due from other governments
Total assets
Liabilities
Liabilities
Accounts payable-trade
Accrued salaries and wages
Unearned revenue
Total Liabilities

Fire

Road
Maintenance
& CTC

Beach
Renourishment

Stormwater
Management

$ 21,330,559

$ 80,896,466

$ 17,759,487

35,849,547
145,375
9,424

1,507,848
259,477

$ 57,334,905

$

27,764
6,941
34,705

Recreation

Waste
Management
Recycling

Total

$ 18,101,596

$ 8,319,109

$ 19,007,950

$ 165,415,167

-

166
13,737,570
897

5,414,761
16
15,006
162,881
354

16,024,703
58,268
38,365

57,289,011
182
15,464,067
162,881
308,517

$ 82,663,791

$ 17,759,487

$ 31,840,229

$ 13,912,127

$ 35,129,286

$ 238,639,825

$

$

$

$

$

$

2,221,583
2,221,583

-

262,188
16,471
278,659

30,956
2,420
19,314
52,690

-

2,542,491
25,832
19,314
2,587,637

Deferred Inflows of Resources
Unavailable revenue-property taxes and other
Def.Inflow Lease (GASB 87)

36,006,842
-

1,556,526
-

-

13,738,467
-

5,430,121
158,031

16,121,336
-

72,853,292
158,031

Total deferred inflows of resources

36,006,842

1,556,526

-

13,738,467

5,588,152

16,121,336

73,011,323

21,293,358
21,293,358

48,789,675
30,096,007
78,885,682

908,551
16,850,936
17,759,487

17,823,103
17,823,103

3,994,445
4,276,840
8,271,285

10,843,246
8,164,704
19,007,950

21,293,358
4,902,996
28,666,349
48,789,675
21,127,776
38,260,711
163,040,865

$ 57,334,905

$ 82,663,791

$ 17,759,487

$ 31,840,229

$ 13,912,127

$ 35,129,286

$ 238,639,825

Fund balances
Restricted for public safety
Restricted for culture, recreation and tourism
Restricted for infrastructure and regulation
Restricted for capital projects
Committed to culture, recreation and tourism
Committed to infrastructure and regulation
Total fund balances
Total liabilities, deferred inflows of resources
and fund balances

Page 99 of 234

Page 100 of 234

HORRY COUNTY, SOUTH CAROLINA
FIRE SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental - federal
Intergovernmental - state
Interest
Other
Total revenues

$ 36,847,794
2,235,759
4,633,055
131,509
72,000
570,205
36,456
44,526,778

Actual
$

7,193,590
429,401
2,189,977
58,679
19,092
356,065
36,561
10,283,365

FY 2025
Variance Annual
Budget / Actual
$

(29,654,204)
(1,806,358)
(2,443,078)
(72,830)
(52,908)
(214,140)
105
(34,243,413)

Prior Year
Actual
$

6,744,870
418,775
2,211,143
83,160
159,616
49,891
282,904
29,608
9,979,967

Variance
Actual / Actual
$

448,720
10,626
(21,166)
(24,481)
(159,616)
(30,799)
73,161
6,953
303,398

Expenditures
Current:
Public safety:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay
Indirect cost allocation
Other
Disaster
Total expenditures

36,954,077
2,343,109
3,143,443
2,211,502
346,340
1,525,044
1,339,695
47,863,210

14,020,004
691,966
694,852
698,753
229,448
203,041
984
16,539,048

22,934,073
1,651,143
2,448,591
1,512,749
116,892
1,525,044
1,136,654
(984)
31,324,162

11,067,845
629,634
727,698
540,754
410,988
202,753
9,237
13,588,909

(2,952,159)
(62,332)
32,846
(157,999)
181,540
(288)
8,253
(2,950,139)

Excess (deficiency) of revenues
over expenditures

(3,336,432)

(6,255,683)

(2,919,251)

(3,608,942)

(2,646,741)

Sale of assets
Transfers in
Transfers out
Total other financing sources (uses)

2,531,386
(1,083,229)
1,448,157

6,600
1,054,744
(68,750)
992,594

6,600
(1,476,642)
1,014,479
(455,563)

1,004,518
(580,219)
424,299

6,600
50,226
511,469
568,295

Net change in fund balance

(1,888,275)

(5,263,089)

(3,374,814)

(3,184,643)

(2,078,446)

Other Financing Sources (Uses)

Fund balance at beginning of year
Fund balance at end of the period

26,556,447
$ 24,668,172

$

26,556,447
21,293,358

$

(3,374,814)

$

22,407,579
19,222,936

$

4,148,868
2,070,422

Page 100 of 234

Page 101 of 234

HORRY COUNTY, SOUTH CAROLINA
ROAD MAINTENANCE & CTC SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Intergovernmental
Fees
Interest
Total revenues

$

FY 2025
Variance Annual
Budget / Actual

Actual

883,297
20,500,000
1,910,000
23,293,297

$

306,349
9,090,462
1,313,294
10,710,105

$

(576,948)
(11,409,538)
(596,706)
(12,583,192)

$

Prior Year
Actual

Variance
Actual / Actual

670,309
8,751,316
1,279,844
10,701,469

$

(363,960)
339,146
33,450
8,636

Expenditures
Current:
Engineer:
Capital outlay
Construction contracts - state
Capital outlay - infrastructure
Indirect cost allocation
Total Engineer

1,510,085
994,488
25,320,201
700,000
28,524,774

6,475
423,144
4,209,400
4,639,019

1,503,610
571,344
21,110,801
700,000
23,885,755

16,948
681,717
2,682,905
3,381,570

10,473
258,573
(1,526,495)
(1,257,449)

Operations:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay - infrastructure
Indirect cost allocation
Other
Distribution to municipalities
Contributions to agencies
Total operations
Total expenditures

1,175,048
22,851
20,150
148,750
7,565,318
150,000
650,555
4,147,643
158,267
14,038,582
42,563,356

286,743
5,935
3,180
18,387
299,943
271,065
1,188,712
2,073,965
6,712,984

888,305
16,916
16,970
130,363
7,265,375
150,000
379,490
2,958,931
158,267
11,964,617
35,850,372

339,823
5,009
3,565
36,037
446,470
273,917
949,519
947,519
3,001,859
6,383,429

53,080
(926)
385
17,650
146,527
2,852
(239,193)
947,519
927,894
(329,555)

Excess (deficiency) of revenues
over expenditures

(19,270,059)

3,997,121

23,267,180

4,318,040

(320,919)

-

-

-

(4,583)
(4,583)

4,583
4,583

(19,270,059)

3,997,121

23,267,180

4,313,457

(316,336)

Other Financing Sources (Uses)
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

$

74,888,561
55,618,502

$

74,888,561
78,885,682

$

23,267,180

$

72,267,152
76,580,609

$

2,621,409
2,305,073

Page 101 of 234

Page 102 of 234

HORRY COUNTY, SOUTH CAROLINA
BEACH RENOURISHMENT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Intergovernmental - state
Interest
Other

$

74,100
231,597
4,884,000
5,189,697

Variance Annual
Budget / Actual
$

$

94,550
152,318
246,868

Variance
Actual / Actual

Total revenues
Expenditures
Current:
Culture, recreation and tourism:
Contractual services
Business and transportation
Programs
Total expenditures

10,530,745
550
1,278,581
11,809,876

48,293
550
48,843

10,482,452
1,278,581
11,761,033

68,631
68,631

20,338
(550)
19,788

Excess (deficiency) of revenues
over expenditures

(6,504,626)

5,140,854

11,645,480

178,237

4,962,617

Other Financing Sources (Uses)
Transfers in

1,490,000

416,705

(1,073,295)

400,420

16,285

Total other financing sources (uses)

1,490,000

416,705

(1,073,295)

400,420

16,285

Net change in fund balance

(5,014,626)

5,557,559

10,572,185

578,657

4,978,902

12,201,928
$ 7,187,302

12,201,928
$ 17,759,487

10,572,185

9,761,437
$ 10,340,094

$

(140,900)
25,347
(115,553)

Prior Year
Actual

215,000
206,250
4,884,000
5,305,250

Fund balance at beginning of year
Fund balance at end of the period

$

Actual

FY 2025

$

$

(20,450)
79,279
58,829

2,440,491
7,419,393

Page 102 of 234

Page 103 of 234

HORRY COUNTY, SOUTH CAROLINA
STORMWATER MANAGEMENT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Fees and fines
Intergovernmental
Interest
Total revenues

$ 17,376,750
501,400
17,878,150

FY 2025
Variance Annual
Budget / Actual

Actual
$

4,216,469
1,325,281
266,358
5,808,108

$

(13,160,281)
1,325,281
(235,042)
(12,070,042)

Prior Year
Actual
$

4,149,708
124,753
166,569
4,441,030

Variance
Actual / Actual
$

66,761
1,200,528
99,789
1,367,078

Expenditures
Current:
Infrastructure and regulation:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay - infrastructure
Construction contracts - state
Disaster
Programs
Other
Indirect cost allocation
Total expenditures

8,029,470
2,204,302
2,199,821
818,383
7,680,054
206,898
318,482
2,321,899
600,000
24,379,309

2,624,144
667,034
239,260
299,519
252,241
1,048
946,916
5,030,162

5,405,326
1,537,268
1,960,561
518,864
7,427,813
205,850
318,482
1,374,983
600,000
19,349,147

2,367,370
564,277
349,530
298,164
12,981
739,367
891,955
5,223,644

(256,774)
(102,757)
110,270
(1,355)
(239,260)
(1,048)
739,367
(54,961)
193,482

Excess (deficiency) of revenues
over expenditures

(6,501,159)

777,946

7,279,105

(782,614)

1,560,560

175,000
(79,000)
96,000

-

(175,000)
79,000
(96,000)

(356,547)
(356,547)

356,547
356,547

(6,405,159)

777,946

7,183,105

(1,139,161)

1,917,107

17,045,157
$ 10,639,998

17,045,157
$ 17,823,103

7,183,105

12,731,328
$ 11,592,167

Other Financing Sources (Uses)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

$

$

4,313,829
6,230,936

Page 103 of 234

Page 104 of 234

HORRY COUNTY, SOUTH CAROLINA
RECREATION SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget

Actual

$ 6,655,857
363,860
727,669
28,180
220,000
2,287,300
184,821
1,163,000
11,630,687

$ 1,396,786
75,257
325,628
10,213
50,351
90,363
131,841
133,250
311,326
2,525,015

Expenditures
Current:
Culture, recreation and tourism:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay
Indirect cost allocation
Other
Distribution to municipalities
Contributions to agencies
Programs
Athletics
Total expenditures

5,259,584
863,482
561,814
268,925
5,700
725,000
723,334
300,001
74,185
1,542,508
372,426
10,696,959

Excess (deficiency) of revenues
over expenditures

Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental
Hospitality fees
Licenses and permits
Interest
Other
Total revenues

Other Financing Sources (Uses)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

FY 2025
Variance Annual
Budget / Actual
$

Prior Year
Actual

Variance
Actual / Actual

(5,259,071)
(288,603)
(402,041)
(17,967)
50,351
(129,637)
(2,155,459)
(51,571)
(851,674)
(9,105,672)

$ 1,330,311
73,186
305,706
19,538
3,846
90,318
90,935
124,656
335,757
2,374,253

1,640,222
361,195
114,306
92,756
270,704
299,964
87,213
55,922
2,922,282

3,619,362
502,287
447,508
176,169
5,700
725,000
452,630
37
74,185
1,455,295
316,504
7,774,677

1,602,118
316,002
203,343
92,734
289,857
300,000
71,662
37,063
2,912,779

(38,104)
(45,193)
89,037
(22)
19,153
36
(15,551)
(18,859)
(9,503)

933,728

(397,267)

(1,330,995)

(538,526)

141,259

3,000
(1,147,000)
(1,144,000)

(61,250)
(61,250)

(3,000)
1,085,750
1,082,750

(145,761)
(145,761)

84,511
84,511

(210,272)

(458,517)

(248,245)

(684,287)

225,770

8,729,802
$ 8,519,530

8,729,802
$ 8,271,285

(248,245)

9,060,658
$ 8,376,371

$

$

$

66,475
2,071
19,922
(9,325)
46,505
45
40,906
8,594
(24,431)
150,762

(330,856)
(105,086)

Page 104 of 234

Page 105 of 234

HORRY COUNTY, SOUTH CAROLINA
WASTE MANAGEMENT RECYCLING SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2025
(with comparative actual amounts for the period ended November 30, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Licenses and permits
Interest
Total revenues
Expenditures
Current:
Public safety:
Personnel costs
Business and transportation
Other

$ 16,711,305
942,396
1,974,642
44,032
366,026
20,038,401

Variance Annual
Budget / Actual

Actual
$

3,323,823
189,863
953,716
25,844
300,272
4,793,518

$

Prior Year
Actual

FY 2025
Variance
Actual / Actual

(13,387,482)
(752,533)
(1,020,926)
(18,188)
(65,754)
(15,244,883)

$ 3,130,586
184,981
964,932
69,244
54,973
199,634
4,604,350

$

193,237
4,882
(11,216)
(43,400)
(54,973)
100,638
189,168

394,194
15,600
67,200
476,994

117,576
3,375
28,000
148,951

276,618
12,225
39,200
328,043

127,515
17,143
28,000
172,658

9,939
13,768
23,707

20,477,601
33,859
45,000
104,860
20,661,320

4,764,312
(43,692)
4,720,620

15,713,289
33,859
45,000
148,552
15,940,700

4,003,774
31,192
4,034,966

(760,538)
74,884
(685,654)

Total expenditures

21,138,314

4,869,571

16,268,743

4,207,624

(661,947)

Excess (deficiency) of revenues
over expenditures

(1,099,913)

(76,053)

1,023,860

396,726

(472,779)

Other Financing Sources (Uses)
Transfers out
Total other financing sources (uses)

(1,340,000)
(1,340,000)

-

1,340,000
1,340,000

(70,000)
(70,000)

70,000
70,000

Net change in fund balance

(2,439,913)

(76,053)

2,363,860

326,726

(402,779)

19,084,003
$ 16,644,090

19,084,003
$ 19,007,950

2,363,860

13,620,355
$ 13,947,081

Infrastructure and regulation:
Contractual services
Programs
Indirect cost allocation
Other

Fund balance at beginning of year
Fund balance at end of the period

$

$

5,463,648
5,060,869

Page 105 of 234

Page 106 of 234

Capital Projects Sales Tax - RIDE 3
(shown by month of sales and net of .7% State administrative fee )

May
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr

$
$
$
$
$
$
$
$
$
$
$
$

Year 1
FY 2018
6,231,423
7,988,418
9,085,753
7,512,049
5,965,135
5,902,326
5,130,067
5,718,778
4,327,222
4,774,793
6,178,934
7,003,940

Total before
additional DOR
charges

$

75,818,838 $

$
$
$
$
$
$
$
$
$
$
$
$

Year 2
FY 2019
6,853,549
8,836,865
9,048,487
8,106,258
5,304,936
6,019,996
5,455,846
6,071,345
4,798,261
5,192,821
6,612,878
7,537,495

$
$
$
$
$
$
$
$
$
$
$
$

79,838,737 $

less: charge by DOR to fund additional personnel for
increased enforcement collections
$

Year 3
FY 2020
7,591,972
9,197,668
10,135,914
8,471,806
6,614,873
6,234,595
6,056,900
6,664,732
5,149,554
5,306,997
4,226,694
4,423,209

$
$
$
$
$
$
$
$
$
$
$
$

80,074,913 $

-

$

Year 4
FY 2021
7,899,135
8,816,317
9,014,876
7,798,006
7,552,763
6,629,971
6,997,841
6,961,443
5,876,965
6,079,054
9,078,709
9,495,814

$
$
$
$
$
$
$
$
$
$
$
$

92,200,894 $

-

$

Year 5
FY 2022
10,203,937
12,198,460
12,977,373
11,174,298
9,388,488
8,608,981
8,062,494
7,963,902
7,548,110
7,549,577
10,504,381
10,993,126

$
$
$
$
$
$
$
$
$
$
$
$

117,173,127 $

-

$

Year 6
FY 2023
11,414,723
13,337,123
13,875,401
12,045,506
9,868,102
9,249,529
8,580,117
9,700,065
7,984,394
8,349,510
10,379,693
10,813,264

$
$
$
$
$
$
$
$
$
$
$
$

125,597,427 $

-

$

Year 7
FY 2024
10,892,039
13,398,221
14,316,363
12,071,892
10,541,204
9,652,982
8,561,923
9,534,902
7,905,896
8,357,343
10,418,710
10,666,865

$
$
$
$
$
$
$
$
$
$
$
$

Year 8
FY 2025
11,416,103
13,554,173
14,135,065
11,826,325
10,155,997
10,097,700
8,853,833
10,409,842
7,625,064
8,198,521
10,593,271
11,547,074

126,318,339 $

128,412,970

-

$

-

Actual

$

75,818,838 $

79,838,737 $

80,074,913 $

92,200,894 $

117,173,127 $

125,597,427 $

126,318,339 $

128,412,970

Budget

$

69,510,676 $

70,692,358 $

71,894,128 $

73,116,328 $

74,359,306 $

75,623,414 $

76,909,012 $

79,894,778

Actual Over
(Under) Budget

6,308,162 $

9,146,379 $

8,180,785 $

19,084,567 $

42,813,822 $

49,974,013 $

49,409,327 $

48,518,192

Cumulative
Variance

6,308,162 $

15,454,540 $

23,635,325 $

42,719,892 $

85,533,713 $

135,507,726 $

184,917,053 $

233,435,245

$75,818,838 $ 155,657,575 $
LTD Revenue Variance
$

235,732,487 $
233,435,245

327,933,382 $

445,106,509 $

570,703,936 $ 697,022,276 $ 825,435,245
Estimate Revenue $ 592,000,000
Balance to Collect/(Excess) $ (233,435,245)

Cumulative
Receipts

Highest individual month since inception is highlighted in yellow.

May
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr

$
$
$
$
$
$
$
$
$
$
$
$

Year 1
FY 2018
6,231,423
14,219,841
23,305,594
30,817,643
36,782,778
42,685,104
47,815,171
53,533,949
57,861,171
62,635,964
68,814,898
75,818,838

$
$
$
$
$
$
$
$
$
$
$
$

Year 2
FY 2019
6,853,549
15,690,414
24,738,901
32,845,159
38,150,095
44,170,091
49,625,937
55,697,282
60,495,543
65,688,363
72,301,241
79,838,737

$
$
$
$
$
$
$
$
$
$
$
$

Year 3
FY 2020
7,591,972
16,789,639
26,925,553
35,397,359
42,012,232
48,246,828
54,303,727
60,968,459
66,118,013
71,425,010
75,651,704
80,074,913

Year To Date By Month
Year 4
Year 5
FY 2021
FY 2022
$
7,899,135 $
10,203,937
$
16,715,452 $
22,402,398
$
25,730,327 $
35,379,771
$
33,528,333 $
46,554,069
$
41,081,097 $
55,942,557
$
47,711,068 $
64,551,538
$
54,708,909 $
72,614,032
$
61,670,352 $
80,577,933
$
67,547,317 $
88,126,044
$
73,626,372 $
95,675,620
$
82,705,080 $ 106,180,001
$
92,200,894 $ 117,173,127

$
$
$
$
$
$
$
$
$
$
$
$

Year 6
FY 2023
11,414,723
24,751,846
38,627,247
50,672,753
60,540,855
69,790,384
78,370,502
88,070,566
96,054,960
104,404,469
114,784,163
125,597,427

$
$
$
$
$
$
$
$
$
$
$
$

Year 7
FY 2024
10,892,039
24,290,260
38,606,623
50,678,514
61,219,718
70,872,700
79,434,623
88,969,526
96,875,421
105,232,764
115,651,474
126,318,339

$
$
$
$
$
$
$
$
$
$
$
$

Year 8
FY 2025
11,416,103
24,970,277
39,105,341
50,931,666
61,087,664
71,185,363
80,039,197
90,449,039
98,074,103
106,272,624
116,865,895
128,412,970

¹ Preliminary and Unaudited.
Page 106 of 234

Page 107 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77

PROJECT
Complete
Michael Morris Graham Park
Land - Rural Civic Center
Land - Red Bluff Convenience Center
Prestwick Fire Station
Emergency Operations Cntr(New)
Waccamaw Snag & Drag
Sarvis Convenience Center
Santee Cooper Bldg
Longs Fire Station Rebuild
Beach Equip Building
Fuel Storage
Grants-Ascott Valley RIA FY20
Fire - AFG Exhaust FY21
Shell Fire Rebuild
Nixonville/Wampee Consolidation
Gov & Justice Atrium Roof
VA Nursing Facility Land Acquisition
South Strand Complex DHEC
ACA Large Animal Barn
Forestbrook Fire Renovation
Socastee Fire Renovation
Govt & Justice MPR B
Library Administration Bldg
PW Equipment Shed
7 Up Building
Under Construction
Machinery & Equipment E911
Tax Billing Software
ML Brown Security
Police Lab
2nd Avenue Annex
HMGP Generators
PS CAD & Records Software
Solicitor-Case Management Software
Fiber Relocation-Roadways
East Coast Greenway
Aynor Recreation Center
Green Sea Floyd Recreation Center
Loris Recreation Center
Central Coast Complex (old acount)
Central Coast Complex
South Strand Pickleball Courts
Landfill Expansion
Socastee Park Improvements
PS Training Center
Finklea Fire/EMS
Ralph Ellis Complex Entrance
Tech Building (Elm Street)
ML Brown Bldg Roof
PW Complex Renovations
Technology Building AC Replacement
In Design
PTR
JP Stevens Complex (Loris)
Animal Care Kennels
PS Training - Coroner Offices
Goretown Fire Station
Cherry Hill Fire Station
Maple Fire Station
NMB Conv Ctr Relocation
Hwy 22/Hwy 90 Conv Ctr (New)
Longs Convenience Center Expansion
P25 Infrastructure
PW Satellite Facility- Carolina Forest
Olin Blanton Renovation
Rec Office - Land Purchase
In Contracting
Sourcing In Progress
In Land Acquisition
Antioch Fire Station
Joyner Swamp Fire Station
Ketsuptown Fire Station
PW-Privetts Land Purchase
Holmestown Rd Conv Ctr Expansion
Forestbrook/Car Forest Conv Ctr (New)
Cates Bay Conv Ctr (Expansion)

12/19/2025

Encumbrances

Remaining Balance

Change from Last
Report

Financing

1,672,737.00
2,931,553.85
38,024.64
860,053.48
23,976,821.22
139,013.50
975,712.19
2,004,248.46
208,818.64
517,462.53
3,116,871.10
812,259.27
559,249.16
884,247.22
926,042.50
77,429.23
66,200.40
561,339.04
134,947.50
4,559.96
99,927.20
634,993.77
336,218.75

2,775.00
1,600.00
8,390.90
2,500.00
1,570.90
2,022.80
14,907.27
15,012.52
16,303.57

34,769.02
142,550.83
5,404,246.52
64,351.66
6,025.82
35,214.84
130,468.04
135,605.40
9,181.60
125,608.00
3,758.86
515.25
84,312.44
3,652.54
(47,568.58)
128,809.04

9,983.16
325.68
(7,227.29)
-

Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete

1,477,046.49
1,100,000.00
28,784.59
956,525.01
4,388,077.24
316,687.93
1,144,849.66
372,084.06
695,314.11
10,570,721.77
11,009,942.01
11,617,231.46
2,656,297.48
5,577,236.55
762,802.18
150,000.00
5,653,269.91
31,934,539.63
4,722,705.36
267,647.12
1,203,787.92
1,050,000.00
3,153,513.24
377,697.41

660,216.14
413,368.87
159,366.33
4,525,445.68
301,831.37
621,038.53
547,508.80
49,991.87
123,450.60
1,900.00
2,656,297.48
2,216,320.82
134,083.04
367,643.45
1,044,557.54
169,072.03
128,160.04
14,484.63
5,099.14
320.74
-

4,170.06
660,618.96
305,809.19
7,280.27
39,418.60
223,516.54
323,136.47
3,175.00
2,362,445.26
50,193.66
2,101,051.86
5,258,820.46
3,921,433.45
149,728.28
550,000.00
2,687.20
377,697.40

812,660.29
26,012.17
28,784.59
797,158.68
(137,368.44)
14,856.56
218,001.94
364,803.79
108,386.71
10,297,213.36
10,563,354.94
11,612,156.46
998,470.47
578,525.48
150,000.00
3,184,574.60
25,631,161.63
632,199.88
(10,241.20)
1,189,303.29
494,900.86
3,150,505.30
0.01

750,000.00
(29.30)
(763.95)
(112,710.04)
150,000.00
(349.80)
(358.22)
(8,235.99)
(3,905.70)
(320.74)
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

EDC
Bond
Bond
General
Bond
Bond
Bond
WMF/IF
WMF/IF
WMF/IF
Communications
Bond
Bond
Recreation

300,000.00
6,978,471.62
1,276,637.00
4,538,037.49
2,576,036.00
73,000.00
73,000.00
902,115.91
1,280.85
3,042.50
3,173,524.02
1,000,000.00
4,065,745.14
536,519.88

1,750.00
36,443.16
31,170.00
27,750.00
42,725.00
59,600.00
902,115.91
891,957.50
1,931,896.31
20,037.85
-

575,195.00
42,750.00
25,875.00
9,000.00
891,957.50
972,034.54
390,405.50
127,225.00

300,000.00
6,976,721.62
1,240,193.84
3,931,672.49
2,505,536.00
4,400.00
4,400.00
1,280.85
(1,780,872.50)
269,593.17
1,000,000.00
3,655,301.79
409,294.88

Bond
Bond
Bond
General
WMF/IF
WMF/IF
WMF/IF

20,000.00
20,000.00
1,059,739.86
850,000.00
60,736.70

391,521.10
-

22,880.00
-

20,000.00
20,000.00
645,338.76
850,000.00
60,736.70

Assigned

Fund

Funding Source

Budget

Recreation
Property Mgr/Planning
Property Manager
Property Manager
Maintenance
Engineering
Property Manager
Maintenance
Maintenance
Maintenance
Administration
Engineering
Fire/EMS
Maintenance
Maintenance
Maintenance
Property Manager
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Recreation
Bond++
WMF/IF
Bond
Bond+
Grant
WMF/IF
Bond
Fire
General
General
Grant
Grant
Bond
Bond
Bond
Bond
General
General
Bond+
Bond
General
Grant
Bond
Bond

1,710,281.02
3,075,704.68
38,024.64
6,264,300.00
24,049,563.78
139,013.50
981,738.01
2,004,248.46
208,818.64
555,177.37
3,116,871.10
812,259.27
689,717.20
1,019,852.62
936,795.00
77,429.23
191,808.40
565,097.90
135,462.75
90,895.20
118,487.01
602,437.71
481,331.36

E911
Administration
Maintenance
Maintenance
Property Manager
Maintenance
IT/GIS
IT/GIS
Engineering
Engineering
Recreation
Recreation
Recreation
Maintenance
Maintenance
Recreation
Property Manager
Recreation
Maintenance
Property Manager
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance

CIP
CIP
CIP
CIP
CIP
Grant
CIP
CIP
CIP
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP

E911
Bond
General
General
Bond
Grant
General
General
General
Grant
Bond
Recreation
Bond
Bond++
Bond++
IF
WMF
Grant
Fire/Gen
Bond
Bond
Bond
Bond
Bond
General

Maintenance
Maintenance
Maintenance
Public Safety
Maintenance
Maintenance
Maintenance
Property Manager
Property Manager
Property Manager
Communications
Property Mgr/Planning
Maintenance
Property Manager

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager

CIP
CIP
CIP
CIP
CIP
CIP
CIP

Spent

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
(1,761,021.74) In Progress
In Progress
In Progress
In Progress
In Progress
(4,400.00) In Progress
In Progress

-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Page 1 of 7

Page 107 of 234

Page 108 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
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92
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95
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153

PROJECT
Kings Road Convenience Center
Browntown Convenience Center
Brooksville Convenience Center
Jackson Bluff Convenience Center
Loris Convnience Center
Recycle Road Conveinence Center
Scipio Lane Convenenice Center
Conv Ctr Expansion
Economic Development Land
To Be Scheduled
I&R Software (EnerGov)
Historical Courthouse
ML Brown Impound Lot
Waste Management
Road Sign Inventory
Detention Center Master Plan
ML Brown Back-up Generator
Fleet Washdown Units
Lifecycle
Detention Lifecycle Maintenance
Lifecycle Maintenance - Recreation
Hwy 22 Boat Landing
Lifecycle Maintenance - General
Lifecycle Maintenance - Fire
Reg. & Election Building Loading Dock
Govt & Justice Parking Lot
Central Energy Plant
Waste Management Recycling
Public Works & Fleet Paving
Driveway Lifecycle Maint Fire
Other Projects/Equipment
Bond Issuance Costs
Financial System
IT Servers/Switches/Storage
IT Data Backup/Disaster Recovery
Network Analysis
IT - CJIS Security Program
IT Computer Replacements
IT - GIS Aerial Photography
Digitization
ASR - CAMA Software
ROD SW Replacement
Security Program
Probate Software
Wellness Center
Library Capital Projects
Capital projects-Aynor
Capital projects-Bookmobile
Capital projects-Bucksport
Capital projects-GS Floyds
Capital projects-Little River
Loris Library Land/Parking
Capital projects-Socastee
Lib Contingency
Library RFID
COAST RTA O&M Facility
Courthouse Security
Communications Software
Sheriff Forensic Software
Police Software
Police Software
License Plate Recognition Syst
Automotive equipment-Police
TeleStaff Software
Detention Cameras/Security
EMS Telestaff Software
EMS Stretchers & Lifepak
Machinery & Equipment
Apparatus Lift
Station Alerting System
Fire SCBA Replacement
Bond Issuance Costs - Fire
Michael Morris Graham Assessible Playground
Loris Nature Park Assessible Playground
Pee Dee Park Assessible Playground
Reserves/Unplanned/Inactive Projects

12/19/2025

Spent

Encumbrances
-

Remaining Balance
250,000.00
850,000.00
250,000.00
250,000.00
250,000.00
410,000.00
3,432,838.50

-

2,500,000.00
250,000.00
2,200,000.00
125,000.00
87,873.73
200,000.00

Change from Last
Report
(2,500.00)

Financing

Assigned
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager

Fund
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Funding Source
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
Ec Dev

Budget
250,000.00
850,000.00
250,000.00
250,000.00
250,000.00
410,000.00
3,486,938.50

54,100.00

IT/GIS
Maintenance
Maintenance
I&R Division
I&R Division
Detention
Maintenance

CIP
CIP
CIP
CIP
CIP
CIP
Grant
CIP

General
Bond
Bond
Waste
Waste
General
Grant
General

2,500,000.00
250,000.00
2,200,000.00
125,000.00
109,078.00
87,873.73
200,000.00

109,078.00
-

Detention
Recreation/Maintenance
Recreation
Maintenance
MAINT./Fire
Maintenance
Maintenance
Maintenance
I&R Division
I&R Division
Future

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

General
Recreation
Recreation
General
Fire
General
General
General
Waste
General
Fire

588,385.73
1,727,710.96
24,635.04
3,481,696.57
1,101,120.36
167,166.73
275,391.16
1,256,898.01
1,000,000.00
560,000.00

383,359.25
983.64
296,277.81
35,278.37
5,960.00
-

640.80
495,053.11
552,289.10
22,000.00
-

204,385.68
1,232,657.85
23,651.40
2,633,129.66
1,065,841.99
145,166.73
275,391.16
1,250,938.01
1,000,000.00
560,000.00

19,270.80
(2,436.00)
(20,643.46)
(155,555.00)
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress

Administration
Administration
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
Maintenance
IT/GIS
HR/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library
Administration
Sheriff
Communications
Sheriff
Police
Police
Police
Police
IT/GIS
Detention
IT/GIS
Fire/EMS
Fire/EMS
Fire/EMS
Fire/EMS
Fire/EMS
Administration
Recreation
Recreation
Recreation

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Bond
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
Hospitality
General
General
General
General
General
General
General
General
General
Fire
Fire
Fire
Fire
Bond
Recreation
Recreation
Recreation

504,063.00
208,519.92
2,165,515.44
318,190.52
92,000.00
309,478.28
936,912.86
651,207.75
42,693.81
1,974,990.00
608,756.25
490,598.14
135,000.00
59,399.01
293,879.27
25,000.00
5,000.00
25,000.00
25,000.00
80,000.00
80,000.00
23,515.00
140,571.00
19,312.49
3,295.79
6,634.79
174.92
4,187.50
426,022.47
221,368.00
815,846.96
1,029,300.00
320,315.00
-

17,560.12
1,943,489.13
524,732.76
286,850.10
21,822.21
59,399.01
4,558.65
140,571.00
426,022.47
785,000.00
-

139,665.28
93,643.66
620,082.00
361,521.23
(603.75)
206,956.09
11,725.19
5,017.44
13,976.83
500.00
-

504,063.00
68,854.64
2,054,311.66
318,190.52
92,000.00
309,478.28
316,830.86
289,686.52
42,693.81
31,500.87
84,627.24
(3,208.05)
101,452.60
288,861.83
25,000.00
441.35
25,000.00
25,000.00
66,023.17
80,000.00
23,515.00
19,312.49
3,295.79
6,134.79
174.92
4,187.50
221,368.00
30,846.96
1,029,300.00
320,315.00
-

(76,468.47)
129,918.00
4,000.00
(799.46)
15,410.95
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
Complete
Complete
Complete
In Progress
Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

-

-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Page 2 of 7

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Page 109 of 234
Horry County
Capital Project Status as of December 18, 2025
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229

PROJECT
Contingency
CIP General Inflation Reserve
CIP Fire Inflation Reserve
CIP Recreation Inflation Reserve
CIP Waste Management Contingency
Sanders Building
Exhibits (Funded) - Museum
Police Body Cameras
Quarantine Building - ACA
Little River (Dist 1)
Little River Projects-Vereen Memorial Gardens
Sports Park Lighting (Tourism)
Trails/Pathways-Little River
New Town Park
Ultraviolet Light Filtering - HV
Loris Recreation Parks
Vereen Memorial Gardens
10 Oaks Huger Pk
Carolina Forest Recreation
Socastee Recreation
Cochran - Recreation projects
Simpson Creek Park
Fleet Bldg Addition
Generator Replacements
Sunday Alcohol Sales
Grant Match Expenditures
Open Space
Tree Mitigation
Impact Fee Attainable Housing Subsidy
Subtotal
Hospitality Projects
Little River Waterfront
James Frazier Community Center
Socastee Recreation
HC Muti-Use Sports & Recreation Complex
Hwy 31 Augusta Plantation Interchange
Waccamaw Dr/Atlantic Avenue
Tadlock Intersection Improvements
33.3% Road Infrastructure
Hardwick Road
Garden City Parking
Hospitality Bond Closing
Subtotal
Fire Apparatus
Fire Apparatus
Fire Apparatus
Lease
Subtotal
Impact Fee Projects (FY2022-FY2024 Revenue)
Beach Access
Trails
Boat Landings
Lees Landing Circle
Peter Vaught Park & Landing
Parks
Michael Morris Graham Assessible Playground
Loris Nature Park Assessible Playground
Pee Dee Park Assessible Playground
Carolina Forest Recreation
Michael Morris Graham Park Land
Bond principal - GO 21B
Police Station
Animal Shelter
Fire Apparatus
Fire Stations
Longs Fire
Bond principal 2016 Fire
Bond principal $2.1 M Fire GO
Prin - Forestbrook Fire
Prin - Goretown Fire
Prin - Socastee Fire
Bond principal - Fire GO 21C
Prin - Nixonville-Wampee Fire
Prin - Shell Fire
Bond principal - Fire GO 22B
Fire Training Facility

12/19/2025

173,693.42
55,408.28
122,312.50
3,500.00
2,689,522.57
9,443.60
253,202.09
(13,616.61)
68,404,362.91

Encumbrances
54,625.00
203,297.09
36,575.00
22,280,552.23

Remaining Balance
8,643,440.33
1,873,111.56
33,118.90
500,000.00
1,543,900.00
3,805.00
110,549.51
509,743.51
26,306.58
80,226.54
95,000.00
300,000.00
13,062.87
540,510.89
62,391.09
2,051,463.37
30,000.23
1,964.55
14,465.19
1,069,672.00
353,024.76
121,569.40
2,692,723.91
986,482.45
144,563,186.35

Change from Last
Report
(750,000.00)
(750,000.00)
(36,575.00)
489,208.21
303,120.00
(1,823,063.36)

526,298.36
1,000,000.00
36,109,099.04
18,045,534.10
43,605,363.43
3,911,000.00
29,315,959.15
599,775.42
133,113,029.50

47,478.68
39,666.70
1,096,221.43
305,907.72
82,207.92
4,373.77
1,575,856.22

80,040.23
1,024,666.35
9,210,147.36
124,992.08
10,439,846.02

398,779.45
1,000,000.00
35,044,765.99
16,949,312.67
34,089,308.35
3,703,800.00
29,315,959.15
595,401.65
121,097,327.26

(3,664.38)
(964,047.00)
(69.69)
(967,781.07)

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete

Fire
Lease
Lease

10,892,425.37
(4,300,000.00)
6,592,425.37

277,577.33
-

8,483,134.25
(4,300,000.00)
4,183,134.25

(30,276.00)
(30,276.00)

In Progress
In Progress
In Progress

277,577.33

2,131,713.79
2,131,713.79

Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee

254,284.99
167,562.75
789,211.76
142,997.54
340,990.83
1,957,477.39
6,845.98
3,609,704.30
180,252.10
740,712.58
552,346.92
561,157.31
6,109,631.39
530,057.30
568,244.16
236,171.94
100,000.00
141,806.98
4,321.51
88,188.84
278,266.50
277,229.31
119,493.17
50,000.00
28,474.28

8,278.05
180,252.10
551,118.42
140,392.00
2,421,846.80
568,244.16
167,093.30
100,000.00
9,400.10
2,163.94
2,753.29
278,266.50
174,052.86
29,536.13
50,000.00
-

152,753.31
-

254,284.99
167,562.75
789,211.76
142,997.54
179,959.47
1,957,477.39
6,845.98
3,609,704.30
189,594.16
552,346.92
420,765.31
3,687,784.59
530,057.30
69,078.64
132,406.88
2,157.57
85,435.55
103,176.45
89,957.04
28,474.28

(150,000.00)
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
Complete
Complete
Complete
In Progress
Complete
Complete
In Progress
In Progress

Assigned
Administration
Administration
Administration
Administration
Administration
Maintenance
Museum
Police
Future
Engineering
Engineering
Recreation
Recreation
Recreation
Maintenance
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Maintenance
Maintenance
Recreation
Planning
Planning
Planning
Planning

Fund
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
Grant
Grant
CIP

Funding Source
Interest
General
General
General
General
General
Foundation
General
Donations
General
General
SLS
SLS
Rec/Gen
General
SLS
SLS
SLS
SLS
SLS
SLS
Recreation
Fleet
General
SLS
Grant
Grant
Grant
General

Budget
8,643,440.33
1,873,111.56
33,118.90
500,000.00
1,543,900.00
3,805.00
110,549.51
509,743.51
200,000.00
80,226.54
95,000.00
300,000.00
123,096.15
866,120.48
98,966.09
2,054,963.37
30,000.23
1,964.55
14,465.19
1,069,672.00
3,042,547.33
131,013.00
2,945,926.00
972,865.84
235,248,101.49

Maintenance
Maintenance
Maintenance
Maintenance
RIDE III
Engineering
Engineering
Engineering
Engineering
Engineering
Administration

Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality

Hospitality
Hospitality
Hospitality
Hospitality
Bond
Bond
Bond
Hospitality
Hospitality
Hospitality
Bond

Fire/EMS
Fire/EMS
Administration

FIRE APP
FIRE APP
FIRE APP

Engineering
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Property Manager
Administration
Funding for Existing Project
Future CIP
Fire/EMS
Funding for Existing Project
Funding for Existing Project
Finance
Finance
Finance
Finance
Finance
Finance
Finance
Finance
Finance
Funding for Existing Project

IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT

Spent

Financing
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Page 3 of 7

Page 109 of 234

Page 110 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292

PROJECT
Emergency Operations Cntr(New)
Bond principal $18.8M GO
Public Safety Software
Waste Management Land
Waste Management Facilities
Hwy 90/Hwy 22 Center
Dog Bluff Park
Stalvey Creek Park
Socastee Recreation Park
Rosewood Boat Landing
Trails - TBD
NMB Conv Ctr Relocation

Assigned
Funding for Existing Project
Administration
Funding for Existing Project
Property Manager
Engineering
Engineering
Recreation
Recreation
Recreation
Recreation
Recreation
Property Manager

Fund
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
CIP

Funding Source
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
WMF/IF

Budget
72,269.33
462,282.16
149,457.14
172,755.89
1,259,177.22
2,496,985.05
347,489.29
2,123,378.98
3,873,225.40
157,949.68
7,503.47
22,448,356.62

Spent
278,311.51
97,743.54
115,889.52
65,632.37
35,464.80
29,514.95
5,276,439.39

Encumbrances
269,276.20
3,843,710.45
422,029.51

Remaining Balance
72,269.33
183,970.65
51,713.60
56,866.37
1,193,544.85
2,192,244.05
347,489.29
2,123,378.98
157,949.68
7,503.47
16,749,887.72

4,894,644.13
1,353,876.50
1,400,000.00
700,000.00
100,015.11
99,936.69
278,656.57
22,072.02
448,610.98
133,764.87
8,115,934.71
149,785.63
1,229,539.42
5,750.00
1,000,000.00
24,699,237.35
285,910.98
475,000.00
375,000.00
1,000,000.00
100,000.00
450,000.00
1,600,000.00
800,000.00
1,000,000.00
46,912,150.51
423,860.43
736,643.68
4,000,000.00
1,500,000.00
511,376.40
1,934,590.00
435,000.00
1,500,000.00
536,700.53
17,921.58
500,000.00
500,000.00
500,000.00
317,657.20

4,894,644.13
1,353,876.50
700,000.00
100,015.11
99,936.69
278,656.57
22,072.02
448,610.98
133,764.87
628,470.14
76,521.20
1,229,539.42
5,750.00
321,392.57
285,910.98
475,000.00
311,909.16
1,000,000.00
100,000.00
450,000.00
1,600,000.00
800,000.00
46,912,150.51
423,860.43
736,643.68
4,000,000.00
1,500,000.00
511,376.40
1,934,590.00
435,000.00
967,084.47
536,700.53
17,921.58
180,000.00
500,000.00
317,657.20

19,418.75
73,264.43
2,942.14
63,090.84
532,915.53
320,000.00
500,000.00
-

1,400,000.00
7,468,045.82
675,665.29
24,699,237.35
1,000,000.00
-

Subtotal
ARPA Projects
COVID-19 Extra Pay
Cyber Security
Cyber Security
Waste Management
Online Payments
Facilities Information Technology Enhancements
PPE & Other Direct Costs
PPE & Other Direct Costs
County Facilities Upgrades
Remote Working Capability
Remote Working Capability
Administration
ROD Digitization
ROD Digitization
Beach Bathrooms
Beach Parking
Road Improvements
Hwy 90
Road Improvements
Touchless payment system (Coast RTA)
Coast RTA Operational Funding
Coast RTA Operational Funding
Assessible Playgrounds
Land for Economic Development
DHEC South Strand
RJ Corman
HC Multi-Use Sports & Recreation Complex
VA Nursing Center Land
Contingency
Homelessness/Mental Health/Addiction
Bike/Pedestrian Paths
Public Safety Salaries
Horry-Georgetown Technical College
Horry-Georgetown Technical College
Grand Strand Water & Sewer Authority
City of Myrtle Beach
City of North Myrtle Beach
Bucksport Water System, Inc
Little River Water & Sewerage Company, Inc
SOS Health Care, Inc.
Habitat for Humanity of Horry County
Habitat for Humanity of Horry County
Waccamaw EOC
Waccamaw EOC
Atlantic Beach
Horry Telephone Cooperative
City of Loris
Town of Surfside Beach
Murrells Inlet Garden City Fire

Finance
IT/GIS
IT/GIS
Administration
Administration
IT/GIS
CDBG/Grants
CDBG/Grants
Maintenance
IT/GIS
IT/GIS
Administration
IT/GIS

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

ARPA
ARPA
General
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Engineering
Engineering
Engineering
Engineering
Engineering
Administration
Administration
Administration
Recreation
Administration
Maintenance
CDBG/Grants
Administration
Administration
Administration
CDBG/Grants
CDBG/Grants
IT/GIS
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

ARPA
ARPA
ARPA
ARPA
General
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

293

Services to Disproportionately Impacted Communities & Infrastructure (Proposal Based)

CDBG/Grants

ARPA

ARPA

-

-

-

-

294
295
296
297
298
299
300
301
302
303
304
305

Domestic Violence Shelter
Horry County Counci on Aging
Community Land Trust
Garden City Parking
Coroner Office & Coolers
Police Bomb Response Vehicle
County Property Purchase
County Property Purchase
Little River Waterfront
Atlantic Beach
Coast RTA
Domestic Violence Shelter

CDBG/Grants
CDBG/Grants
CDBG/Grants
Engineering
Maintenance
Police
Administration
Administration
Administration
Administration
Administration
Administration

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

143,092.31
250,000.00
350,000.00
433,756.96
407,224.30
1,500.00
998,500.00
3,500,000.00
470,918.42
54,089.02
750,000.00

143,092.31
59,142.05
350,000.00
433,756.96
407,224.30
1,500.00
690,866.51
274,982.80
40,847.40
750,000.00

195,935.62
13,241.62
-

190,857.95
307,633.49
3,500,000.00
-

12/19/2025

Change from Last
Financing
Report
In Progress
In Progress
In Progress
In Progress
(960,000.00) In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
(1,738,959.53) In Progress
(1,110,000.00)
(3,655.74)
1,200.00
293,821.31
-

Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete

Page 4 of 7

Page 110 of 234

Page 111 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382

PROJECT
Waccamaw EOC
HC Council on Aging
Horry-Georgetown Technical College
Horry-Georgetown Technical College
Little River Water & Sewerage Company, Inc
City of North Myrtle Beach
Racepath Communities Phase 2
Racepath Communities
Econ. Dev. - Business Park Development
Compass Community (Non-ARPA)
New Directions (Non-ARPA)
United Way (Non-ARPA)
UnitedWay Breaking Barriers (Non-ARPA)
Subtotal
Capital Project Sales Tax - RIDE II
#1 - Pave 20 Miles
#2 - Resurface First 12 Mile
#3 - Interchange at BackGate
#4 - Widen SC 707
#5 - Pave 25 Miles
#6 - Resurface 2nd 12 Miles
#7 - Aynor Overpass
#8 - Resurface 3rd 12 Miles
#9 - Widen Glenns Bay
#10 - Resurface 4th 12 Miles
#11 - Pave 2nd 25 Miles
#12 - Resurface 5th 12 Miles
#13 - International Drive
#14 - Resurface 7 Miles
#15 - Pave 30 Miles
#16 - Overhead
Riverstone Property
Augusta Plantation Intersection
Subtotal
Capital Project Sales Tax - RIDE III
State Roadways
#1 HWY 501 WIDENING
POSTAL WAY
MIDDLE RIDGE AVENUE
#5 SC HWY 9 EAST WIDENING
#7 US HWY 701 N WIDENING
#8 FRED NASH BLVD
#9 HWY17 BUS.INTERSECTION
#10 FORESTBROOK RD WIDENING
#13 HWY 501 REALIGNMENT
#14 US HWY 701 WIDENING
#15 CONWAY PERIMETER RD
#18 SOUTHERN EVACUATION
#19 HWY 31 CAROLINA BAY PKWY
#2 PAVE 25 MILE DIRT RDS
#3 CFB WIDENING
#4 PALMETTO POINTE BLVD EXT
#6 RESURFACE 33.13 MILES
#11 PAVE 25 MILES OF DIRT RD
#12 RESURF 33 MILES DIRT RDS
#16 PAVE 25 MILES OF DIRT RD
#17 RESURFACE 33.87 MILES
#20 PAVE 25 MILES DIRT RDS
#21 Contingency
Subtotal
Transportation Tax - RIDE IV
East Cox Ferry Road Widening
SC Hwy 90 Widening from East Cox Ferry Road to Little River
Robert Edge Parkway / Sandridge Road Connector
Possum Trot Road Extension
Barefoot Landing Swing Bridge Replacement over Intracoastal Waterway
US Hwy 17 Widening in Windy Hill
River Oaks Drive Widening
US Hwy 17 Bypass / Robert Grissom Parkway Interchange Improvements
38th Avenue North Widening
Seaboard Street Widening
Kings Highway Improvements
Big Block Road Widening
Horry County Hospitality Projects - Financial Backstop
Hwy 31 Interchange (FB)
Garden City Resiliency (FB)
SC Hwy 22 Extension from US Hwy 501 (near Aynor) to Surfside / Murrells Inlet Area

12/19/2025

Assigned
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration

Fund
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Funding Source
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Budget
23,299.47
156,907.69
687,569.36
18,100.53
262,500.00
1,500,000.00
388,836.91
750,000.00
1,000,000.00
250,000.00
750,000.00
136,350.00
144,434.40
123,189,930.26

Spent
23,299.47
22,511.47
478,402.16
17,922.14
288,067.62
64,387.50
92,261.08
78,270,670.33

Encumbrances
134,396.22
176,674.26
178.39
262,500.00
1,500,000.00
338,836.91
461,932.38
71,962.50
52,173.32
4,595,327.09

Remaining Balance
32,492.94
50,000.00
1,000,000.00
250,000.00
750,000.00
40,323,932.84

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
Property Mgr/Engineering
Property Mgr/Engineering

RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II

CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST

11,365,330.11
839,422.29
107,292,129.48
91,885,389.36
10,536,367.43
1,095,578.00
16,192,579.42
1,473,826.44
70,803,050.26
1,211,331.83
14,186,614.98
1,667,767.92
26,718,240.64
1,022,119.93
21,250,664.68
73,326,366.94
17,677,000.00
1,500,000.00
470,043,779.71

11,365,330.11
839,422.29
107,292,129.48
90,967,098.41
10,536,367.43
1,095,578.00
16,192,579.42
1,473,826.44
70,803,050.26
1,211,331.83
14,186,614.98
1,667,767.92
26,718,240.64
1,022,119.93
21,250,664.68
2,539,314.74
13,217,705.00
1,143,441.78
393,522,583.34

831,824.56
(26,078.74)
805,745.82

86,466.39
70,787,052.20
4,485,373.74
356,558.22
75,715,450.55

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III

CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST

61,000,000.00
9,700,000.00
19,955,328.24
21,687,900.00
95,075,170.18
44,392,990.00
89,357,800.00
89,134,503.75
31,878,300.00
19,992,200.00
18,434,129.82
25,000,000.00
125,000,000.00
20,657,670.21
36,490,952.64
3,825,103.86
5,024,552.71
35,273,289.38
4,355,019.28
25,132,423.62
5,595,494.84
15,827,576.41
17,403,782.97
820,194,187.91

22,811,472.02
7,116,671.29
17,959,371.64
15,729,535.51
16,083,516.61
35,738,586.16
18,342,503.16
24,645,842.62
13,871,940.46
17,339,818.00
8,528,017.22
3,953,525.26
5,325,853.23
20,657,667.21
36,490,952.64
3,825,103.86
5,007,027.25
29,181,794.84
4,355,019.28
8,089,780.07
5,595,494.84
988,276.11
4,651,908.89
326,289,678.17

32,464,071.81
573.34
4,375,350.18
69,056,523.08
5,524,731.77
68,853,240.65
6,436,126.54
12,612,963.47
1,783,941.53
1,127,108.39
7,642,295.95
13,597,907.28
1,872,597.60
13,478,907.43
9,531,479.90
248,357,818.92

5,724,456.17
2,582,755.37
1,995,956.60
1,583,014.31
9,935,130.49
3,129,672.07
2,162,056.19
58,052,534.59
5,393,396.07
868,440.47
8,779,004.21
13,404,178.79
106,076,239.49
3.00
17,525.46
4,218,896.94
3,563,736.12
5,307,820.40
12,751,874.08
245,546,690.82

RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST

97,000,000.00
745,000,000.00
22,000,000.00
23,000,000.00
132,000,000.00
24,000,000.00
142,000,000.00
53,000,000.00
22,000,000.00
33,000,000.00
105,000,000.00
44,000,000.00
50,000,000.00
1,560,000,000.00

-

-

97,000,000.00
745,000,000.00
22,000,000.00
23,000,000.00
132,000,000.00
24,000,000.00
142,000,000.00
53,000,000.00
22,000,000.00
33,000,000.00
105,000,000.00
44,000,000.00
50,000,000.00
1,560,000,000.00

Change from Last
Report
150,000.00
441,365.57
(444,207.49)
(38.16)
(38.16)
(38.16)
(69,173.87)
(4,652,084.81)
(59,992.90)
(81,734.69)
(992.81)
(38.15)
533,170.60
(510,247.31)
(127,854.37)
(5,413,270.28)

Financing
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
In Progress
In Progress
In Progress
Complete
Complete

Complete
Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
In Progress

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

-

Page 5 of 7

Page 111 of 234

Page 112 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459

PROJECT
New Conway River Crossing - New Highway Across Waccamaw River
US Hwy 501 Bypass - New Off-Ramp to 3rd Avenue and Marina Drive in Conway
Cultra Road Widening
Hardwick Road Improvements
US Hwy 501 at SC Hwy 319 Acceleration Lane
Interstate Connector from SC Hwy 22 to Marion County Line
US Hwy 701 Widening from SC Hwy 22 to SC Hwy 410
US Hwy 701 Widening from SC Hwy 9 Bypass to NC State Line
Pave 200 Miles of Dirt Roads
Resurface 400 Miles of Existing Roadway (County Share)
Local Intersection Safety and Capacity Improvements
Local Transportation Enhancement Improvements
Mass Transit
Bus Maintenance Complex
RIDE III Completion of Underfunded Projects
Carolina Bays Ext. (RIDE III)
Hwy 22 Ext. – EIS/Permitting (RIDE III)
Operations / Overhead
Subtotal
Stormwater
Folly Road Outfall
Simpson Creek Lower Reach
University Forest Improvement
River Oaks Drainage Improvement
CDBG MIT- Big Bull & Cowford - FY21
SCDHEC Socastee Creek
CDBG MIT- McCormick Rd Culvert FY22
CDBG MIT-Buck Creek & Simpson Creek
Grants-Grier Crossing RIA fy20
SCIIP Hwy 9 Drainage
SCIIP 57th Place Culve
SCIIP Kayla Cir PH I
SCIIP Kayla Circ PH II
SCIIP Cimmeron Plantat
SCIIP Azalea Lakes
Bucksport Drainage
Crabtree Benching
Kayla Circle Pipe Upgrade
Slipline Exist. Pipe
Azalea Lakes
Cimmeron Plantation Pond
Hwy 9 Culvert
ACOE Waccamaw Study
Subtotal
Light Vehicles and Heavy Equipment
EMS Equip non-capital
Human Resources
Assessor
Treasurer
Business License
Auditor
Library
Museum
Auto Purchases-Solicitor
Auto Purchases-Solicitor DEU
Georgetown Solicitor
Communication
Auto Purchases-Sheriff
Auto Purchases-Police
Emergency Prep
Auto Purchases-Coroner
Auto Purchases-Detention
Auto Purchases-EMS
Auto Purchases-Animal Care
Auto Purchases-Fire
Auto Purchase Beach Services
Auto Purchases-Engineering
Auto Purchases-Public Works
Auto Purchases-Code Enforcement
Auto Purchases-Recreation
Auto Purchases-Stormwater
Auto Purchases - Maintenance
Auto Purchases-Beach Clean up
PWM-Machinery & equipment
Machinery & equipment
SW-Machinery & equipment
PWC-Machinery & equipment

12/19/2025

Assigned
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

Fund
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

Funding Source
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST

Budget
860,000,000.00
53,000,000.00
102,000,000.00
24,000,000.00
18,000,000.00
450,000,000.00
80,000,000.00
163,000,000.00
250,000,000.00
185,000,000.00
300,000,000.00
300,000,000.00
299,000,000.00
25,000,000.00
100,000,000.00
50,000,000.00
6,311,000,000.00

Stormwater
Stormwater
Stormwater
Stormwater
Engineering
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Human Resources

CIP
CIP
CIP
CIP
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant

Stormwater
Stormwater
Stormwater
Stormwater
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
General

99,087.91
3,563.00
300,000.00
4,040,910.00
1,015,256.59
846,450.00
774,130.00
443,074.44
4,914,694.77
361,872.00
640,609.32
89,070.00
665,520.00
99,331.03
148,150.00
350,000.01
230,000.00
1,442,892.04
1,065,900.80
17,530,511.91

Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Public Works
Recreation
Stormwater
Public Works

FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET

General
General
General
General
General
General
General
General
Solicitor
Solicitor
Solicitor
Communications
General
General
General
General
General
General
General
Fire
Tourism
General
General
General
Recreation
Stormwater
General
Tourism
General
Recreation
Stormwater
Road

15,000.00
42,280.00
318.25
298.24
182,845.00
80,500.00
15,000.00
1,371.76
853,099.49
5,286,837.86
61,900.43
201,265.02
529,026.77
2,766,666.74
20,492.51
682,492.15
569,621.77
244,221.55
520,440.81
114,534.77
43,298.99
64,915.91
306,130.00
50,657.91
4,375,183.43
274,376.63
2,337,761.14
900,000.00

Encumbrances
-

Remaining Balance
860,000,000.00
53,000,000.00
102,000,000.00
24,000,000.00
18,000,000.00
450,000,000.00
80,000,000.00
163,000,000.00
250,000,000.00
185,000,000.00
300,000,000.00
300,000,000.00
299,000,000.00
25,000,000.00
100,000,000.00
50,000,000.00
6,311,000,000.00

Change from Last
Report
-

99,087.91
3,563.00
28,620.00
739,092.04
17,841.00
331,037.46
774,130.00
443,074.44
640,609.32
89,070.00
665,520.00
99,331.03
121,775.00
15,275.52
179,226.00
39,874.02
800,000.00
5,087,126.74

191,846.64
145,462.54
2,983,317.40
361,872.00
19,530.00
26,375.00
16,080.34
2,630.80
3,747,114.72

271,380.00
3,109,971.32
997,415.59
369,950.00
1,931,377.37
(19,530.00)
334,724.49
50,774.00
1,386,937.68
263,270.00
8,696,270.45

(11,394.99)
(11,394.99)

Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
In Progress
Complete
Complete
In Progress
In Progress

68,262.78
369,520.00
1,391,951.00
160,665.00
85,391.08
3,677.46
44,534.00
59,500.00
76,250.00
42,280.00
835,640.59
44,886.03
527,970.33
268,920.00

4,796.69
35,770.00
81,133.00
1,311,739.14
37,960.00
145,946.10
2,192,027.13
484,894.00
74,344.00
92,109.00
189,018.00
1,637,243.69
127,376.63
278,215.02
455,407.88

10,203.31
6,510.00
318.25
298.24
182,845.00
12,237.22
15,000.00
1,371.76
402,446.49
2,583,147.72
23,940.43
40,600.02
297,689.59
574,639.61
20,492.51
678,814.69
84,727.77
125,343.55
368,831.81
38,284.77
43,298.99
64,915.91
74,832.00
50,657.91
1,902,299.15
102,113.97
1,531,575.79
175,672.12

(295.90)
516,111.87
(37,960.00)
(110,170.96)
(122,972.82)
(122,000.00)
(18,000.00)
45.00
266.04
-

Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Spent
-

Financing

Page 6 of 7

Page 112 of 234

Page 113 of 234
Horry County
Capital Project Status as of December 18, 2025
Line
460
461
462
463
464
465
466
467
468

PROJECT
Machinery & equipment
Machinery & equipment
Ruggedized Laptops
Ruggedized Laptops
Ruggedized Laptops
Portable Radios

12/19/2025

Assigned
Maintenance
Beach Cleanup
Sheriff
Police
EMS
Communications

Fund
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET

Funding Source
General
Tourism
General
General
General
Communications

Subtotal

Budget
40,494.91
78,000.00
74,736.00
298,944.00
56,398.39
1,329,674.00
20,659,032.04

Spent
33,477.85
88,857.96
235,446.40
56,398.39
1,264,073.25
4,012,926.12

Encumbrances
73,342.64
44,164.22
7,221,322.92

$ 8,160,019,354.81

$ 882,717,220.55

$ 300,001,471.02

Change from Last
Financing
Remaining Balance
Report
7,017.06
In Progress
4,657.36
In Progress
(14,121.96)
7,203.75 In Progress
63,497.60
In Progress
In Progress
21,436.53
3,882.92 In Progress
9,424,783.00
105,023.23
$ 6,977,300,663.24 $
(8,809,396.90)

Page 7 of 7

Page 113 of 234

Page 114 of 234

variance from
fiscal year 2025

Hospitality 1% (Unincorporated Area Only)
Fees on Accommodations, Prepared Foods, Beverages, and Admissions (Unincorporated Area only) Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
1,143,039
827,716
736,540
453,098
421,354
418,325
331,905
372,770
536,419
705,706
663,000
1,016,330
7,626,202
3,160,393

FY 2018
1,144,358
887,910
692,321
549,633
423,598
403,956
323,491
396,045
587,687
684,139
691,692
1,084,467
7,869,298
3,274,223

FY 2019
1,169,091
907,240
590,716
556,725
439,833
419,685
377,761
396,198
599,423
705,072
736,815
1,078,415
7,976,975
3,223,772

FY 2020
1,164,806
954,582
646,902
584,801
459,755
427,941
403,411
372,489
316,627
230,482
554,796
848,118
6,964,709
3,351,091

FY 2021
897,837
703,761
715,969
600,371
409,546
406,874
402,245
420,350
643,554
841,457
966,768
1,386,364
8,395,097
2,917,939

FY 2022
1,585,900
1,174,243
927,381
755,898
562,182
565,549
430,121
503,056
786,514
945,253
1,005,165
1,415,975
10,657,236
4,443,423

FY 2023
1,669,165
1,190,918
981,433
787,460
596,729
596,373
537,132
579,428
810,205
998,779
1,018,569
1,460,729
11,226,918
4,628,975

FY 2024
1,728,789
1,245,549
1,014,967
827,756
630,756
622,473
575,060
607,436
896,953
960,183
1,049,446
1,601,926
11,761,295
4,817,061

FY 2025
1,668,828
1,218,316
1,012,115
943,753
700,045
667,155
596,472
680,854
936,502
1,134,769
1,188,908
1,639,292
12,387,009
4,843,012

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
1,680,423
1,327,993
998,825
929,369

dollars
11,595
109,677
(13,289)
(14,384)

%
0.69%
9.00%
-1.31%
-1.52%

4,936,611
4,936,611

93,600

1.93%

196,000,324

June
14,000,000

May

12,000,000

Apr
Mar

10,000,000

Feb

8,000,000

Jan
Dec

6,000,000

Nov

4,000,000

Oct
Sept

2,000,000

August
July

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 114 of 234

Page 115 of 234

variance from
fiscal year 2025

11/2% HOSPITALITY FEE REVENUE
Fees on Accommodations, Prepared Foods, Beverages, and Admissions (County-wide) Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
6,734,421
4,901,422
3,581,945
2,036,763
1,856,303
1,794,675
1,409,296
1,700,528
2,753,758
3,759,545
3,452,510
5,604,418
39,585,583
17,254,551

FY 2018
6,646,734
5,056,005
3,344,953
2,584,898
1,853,201
1,806,041
1,365,688
1,718,297
3,033,462
3,453,688
3,444,353
5,864,846
40,172,166
17,632,590

FY 2019
6,717,900
5,134,796
2,757,435
2,542,853
1,895,456
1,817,333
1,567,085
1,818,158
2,986,669
3,737,033
3,849,892
6,030,521
40,855,130
17,152,983

FY 2020
2,131,886
1,554,731
1,000,028
875,616
690,123
674,733
596,012
561,440
506,886
335,473
833,620
1,274,020
11,034,570
5,562,261

FY 2021
1,348,366
1,056,597
1,076,697
901,941
617,650
611,986
605,271
639,263
965,435
1,262,099
1,454,387
2,112,903
12,652,596
4,383,602

FY 2022
8,171,104
6,864,953
4,771,631
3,662,956
2,649,847
2,510,919
1,858,706
2,484,121
3,879,553
5,078,100
5,266,095
7,734,426
54,932,412
23,470,645

FY 2023
9,545,353
6,886,746
4,841,770
3,705,611
2,641,217
2,617,838
2,327,614
2,599,623
4,069,108
5,225,227
5,112,799
8,082,568
57,655,476
24,979,481

FY 2024
9,618,896
7,051,489
5,087,905
3,815,012
2,806,392
2,736,962
2,373,933
2,666,224
4,387,907
4,818,566
5,357,246
8,674,284
59,394,816
25,573,301

FY 2025
9,320,950
6,749,129
4,824,476
4,128,848
3,103,485
2,897,790
2,637,032
2,957,119
4,548,402
5,637,785
5,803,088
8,719,581
61,327,684
25,023,402

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
9,052,247
7,088,919
4,677,203
4,025,888

dollars
(268,703)
339,790
(147,273)
(102,960)

%
-2.88%
5.03%
-3.05%
-2.49%

24,844,257
24,844,257
929,002,757

(179,145)

-0.72%

70,000,000
June
60,000,000

May
Apr

50,000,000

Mar
Feb

40,000,000

Jan
Dec

30,000,000

Nov
Oct

20,000,000

Sept
August

10,000,000

July
FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 115 of 234

Page 116 of 234

Local Accommodations Tax (½% in the unincorporated areas)

variance from
fiscal year 2025

Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
262,440
158,109
155,455
55,291
44,157
46,681
23,547
32,526
67,015
100,461
97,636
222,038
1,265,356
631,295

FY 2018
254,995
171,207
136,381
67,835
40,508
38,055
20,638
38,816
71,151
90,704
101,227
251,072
1,282,589
630,418

FY 2019
256,595
183,206
117,728
66,521
41,951
35,751
27,692
32,006
65,911
93,461
108,891
232,200
1,261,913
624,051

FY 2020
238,103
180,209
120,528
71,201
41,923
36,735
27,512
29,054
29,545
8,186
70,173
177,687
1,030,856
610,040

FY 2021
191,357
127,903
127,097
73,843
29,098
33,006
24,077
48,399
68,792
122,490
165,313
320,332
1,331,706
520,200

FY 2022
388,868
252,248
175,703
104,072
57,954
54,765
29,710
41,749
98,414
142,458
167,991
326,056
1,839,988
920,891

FY 2023
416,659
238,853
184,424
101,105
58,512
49,639
40,053
50,222
88,894
159,934
154,369
319,566
1,862,230
941,040

FY 2024
413,010
235,830
178,900
103,130
57,042
47,454
33,176
46,862
103,262
119,750
157,777
354,896
1,851,089
930,870

FY 2025
365,543
234,511
164,114
124,961
68,613
54,464
65,220
82,054
129,044
167,975
201,629
374,123
2,032,250
889,129

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
374,719
246,502
159,619
115,286

dollars
9,176
11,991
(4,495)
(9,675)

%
2.51%
5.11%
-2.74%
-7.74%

896,126
896,126

6,998

0.79%

28,382,706

June

2,500,000

May
Apr

2,000,000

Mar
Feb

1,500,000

Jan
Dec

1,000,000

Nov
Oct

500,000

Sept
August
July

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 116 of 234

Page 117 of 234

variance from
fiscal year 2025

County Quarterly Receipts from the State for State ATAX Distributions
Jun, Jul, Aug
Sept, Oct, Nov
Dec, Jan, Feb
Mar, Apr, May
Total for the Year

YTD Totals

** FY 2017
1,923,006
578,502
238,720
1,378,338
4,118,566
1,923,006

** FY 2018
1,990,959
630,998
243,033
1,387,023
4,252,014
1,990,959

** FY 2019
2,087,325
601,931
276,949
1,449,600
4,415,805
2,087,325

Highest individual month since inception is highlighted in yellow

** FY 2020
2,038,194
652,763
280,061
834,085
3,805,103
2,038,194

** FY 2021
1,610,902
664,455
283,945
1,837,589
4,396,892
1,610,902

** FY 2022
2,880,640
965,240
476,052
2,447,193
6,769,125
2,880,640

** FY 2023
3,019,833
915,366
524,144
2,510,399
6,969,742
3,019,833

** FY 2024
2,942,637
1,042,903
525,733
2,423,432
6,934,705
2,942,637

** FY 2025
3,236,619
996,458
575,311
2,661,231
7,469,619
3,236,619

Inception to Date

FY 2026
3,056,734

dollars
(179,884)

%
-5.56%

3,056,734
3,056,734

(179,884)

-5.56%

97,615,109

** The State's deduction for Proviso 109.9 has been added back to the 1st Qtr receipt to more accurately report the State's receipts, with exception to FY23 and FY24, in which the
Proviso was added back to the 2nd Qtr because the STO withheld from the 2nd Qtr.

Qtr 1 and 2 only
% of total for yr

$ 2,501,507 $ 2,621,957 $ 2,689,256 $ 2,690,957 $ 2,275,357 $ 3,845,880 $ 3,935,199 $ 3,985,541 $ 4,233,077
60.74%
61.66%
60.90%
70.72%
51.75%
56.82%
56.46%
57.47%
56.67%

Qtr 1,2 and 3 only

$ 2,740,228 $ 2,864,990 $ 2,966,205 $ 2,971,018 $ 2,559,303 $ 4,321,932 $ 4,459,343 $ 4,511,274 $ 4,808,388
66.53%
67.38%
67.17%
78.08%
58.21%
63.85%
63.98%
65.05%
64.37%

% of total for yr

8,000,000
7,000,000
6,000,000
Mar, Apr, May

5,000,000

Dec, Jan, Feb

4,000,000

Sept, Oct, Nov

3,000,000

Jun, Jul, Aug

2,000,000
1,000,000
** FY 2017 ** FY 2018 ** FY 2019 ** FY 2020 ** FY 2021 ** FY 2022 ** FY 2023 ** FY 2024 ** FY 2025

FY 2026

Page 117 of 234

Page 118 of 234

HORRY COUNTY DEBT
Debt Issue

Total Interest Cost Original Amt

Balance as of
06/30/25

Balance as of
11/30/25

General Debt Service Millage
G.O. Bonds of 2015 (Series C) dated April 30 for $24.7
M with interest at 1.77% - Series 2008 RefundingDetention Center, Libraries & Recreation Center

1.7700%

$24,726,000

$2,569,000

$2,569,000

G.O. Bonds of 2016 (Series B) dated November 16 for
$6.985M with interest at 1.68% - Series 2009B
Refunding - Recreation & Library

1.6800%

$6,985,000

$1,440,000

$1,440,000

G.O. Bonds of 2020 (Series A) dated March 11 for
$18.8M with interest at 1.19% - Emergency Operations
Center

1.1900%

$18,800,000

$10,975,000

$10,975,000

G.O. Bonds of 2021 (Series B) dated October 21 for
$25.0M with interest at 1.24% - Central Coast Complex

1.2400%

$25,000,000

$17,290,000

$17,290,000

3.4400%

$35,650,000

$26,655,000

$26,655,000

2.4893%

$22,350,000

$15,640,000

$15,640,000

G.O. Bonds of 2022 (Series A) dated October 13 for
$35.65M with interest at 3.44% - various County
Building Improvements
G.O. Bonds of 2024 (Series A) dated February 15 for
$22.35M with interest at 2.48% - Aynor, Green Sea and
Loris Recreation Centers

TOTAL BONDS OUTSTANDING RELATING TO LEGAL DEBT MARGIN

$74,569,000

Special Purpose District (District Millage)
GO Bonds Series 2025 (Legends Drive)

4.6293%

$2,419,000

$2,419,000

TOTAL SPECIAL PURPOSE/TAX DISTRICT BONDS OUTSTANDING

$2,419,000
$2,419,000

Fire GO Bonds (Fire Millage)
G.O. Bonds of 2016 (Series A) dated November 15 for
$3M with interest at 2.19% - Fire Protection District

2.1900%

$3,000,000

$1,190,000

$1,190,000

G.O. Bonds of 2020 (Series B) dated March 11 for
$2.1M with interest at 1.22% - Fire Protection District

1.2200%

$2,100,000

$1,215,000

$1,215,000

G.O. Bonds of 2021 (Series C) dated October 21 for
$3.63M with interest at 1.48% - Fire Protection District

1.4800%

$3,630,000

$2,670,000

$2,670,000

G.O. Bonds of 2022 (Series B) dated October 13 for
$1.45M with interest at 3.84% - Fire Protection District

3.8400%

$1,450,000

$1,265,000

$1,265,000

TOTAL FIRE PROTECTION BONDS OUTSTANDING
TOTAL GENERAL OBLIGATION BONDS OUTSTANDING

Hospitality Bonds of 2022 (Series 2022) dated
September 22 for $60M with interest at 4.43% Roadway improvements

4.4300%

$60,000,000

TOTAL SPECIAL OBLIGATION DEBT OUTSTANDING
1.7400%
$5,500,000
1.1600%
$4,300,000
4.1600%
$5,500,000
TOTAL CAPITALIZED LEASES OUTSTANDING
Airport Revenue - Airport Improvements
$60,590,000
Fire Apparatus - 2016
Fire Apparatus - 2021
Fire Apparatus - 2023

$6,340,000
$83,328,000
$58,160,000

$550,000
$2,688,000
$4,920,000
$34,295,000

$57,170,000
$57,170,000
$550,000
$2,688,000
$4,680,000
$7,918,000
$33,240,000

Page 118 of 234

Page 119 of 234

Horry County, South Carolina
Summary of Major Liabilities
Balance as of 11/30/25
FY 2026
Projected

Weighted

Original

Balance -

Current

Reserve

Projected

Available

Projected Debt

Amount

July 1, 2025

Balance

Balance

Revenue

Funding

Service

133,511,000

74,569,000

74,569,000

11,113,822

16,557,982

27,671,804

Legends Drive

2,419,000

2,419,000

2,419,000

-

239,777

Fire Fund

16,820,000

6,340,000

6,340,000

-

Hospitality Fee 2022

60,000,000

58,160,000

57,170,000

Total Bonds & Notes

212,750,000

141,488,000

140,498,000

Total Capital Leases

23,050,000

8,158,000

7,918,000

54,819,149

54,819,149

Type

236,871,204
16,564,890
308,255,243

236,871,204
16,564,890
308,255,243

Series 2025/2026 Hospitaility
Total

Bonds & Notes
General Obligation Bonds

% Repaid

Remaining

Average

Interest

Coverage

in 10 Yrs

Term (Yrs)

Maturity

Rate

17,160,212

1.61

100.0%

10.00

4.91

2.3078%

239,777

239,777

1.00

64.6%

14.00

8.25

4.6293%

1,376,429

1,376,429

907,712

1.52

89.8%

13.00

5.48

2.0343%

4,087,915

3,762,144

7,850,059

3,759,644

2.09

21.6%

28.00

17.57

4.4300%

15,201,737

21,936,332

37,138,070

22,067,346

1.68

69.5%

28.00

10.02

3.2076%

1,715,431

1,715,431

1.00

100.0%

9.00

4.26

3.0084%

Amount

Upcoming Debt
Use

Other
OPEB
Pension Liability
Compensated Absences
Total Other
Legal Debt Margin
Assessed Value
Debt Limit (8%)
Internal Limit (75% of Statutory Debt Limit)
G.O. Bonds Outstanding
Available Capacity

60,000,000
60,000,000

Various projects

Approved By
To Be Determined

4,426,743,690
354,139,495
265,604,621
74,569,000
191,035,621

Page 119 of 234

Page 120 of 234

Horry County Department of Airports
Myrtle Beach International Airport
Myrtle Beach, South Carolina
Revenue and Non-Revenue
Passenger Enplanements
Year

Airline

May

June

July

0
149
0
3,988
52
0
0
10,659
0
10,941

0
213
0
3,521
0
0
0
14,773
0
10,651

0
185
429
7,253
311
0
0
39,099
0
19,079

988
224
3,809
9,433
2,594
0
0
59,931
1,328
28,380

7,369
258
8,985
14,787
5,288
0
3,799
87,938
1,402
32,499

28,762
249
11,036
18,486
7,661
0
26,141
90,367
2,030
36,685

35,960
241
14,492
22,443
12,375
0
33,852
112,270
2,456
39,135

25,789
25,789

29,158
54,947

66,356
121,303

106,687
227,990

162,325
390,315

221,417
611,732

273,224
226,772
158,145
151,611
104,123
80,530 1,606,137
884,956 1,111,728 1,269,873 1,421,484 1,525,607 1,606,137

0
0
245
2,052
10,811
0
0
9,894
21,470
0
11,541

0
0
116
2,405
12,053
0
0
11,813
26,084
0
11,244

0
0
312
3,722
19,363
338
238
23,409
40,113
0
23,670

3,770
0
241
8,011
22,339
567
481
25,577
51,593
1,111
25,333

7,305
1,928
265
10,631
23,077
3,801
377
26,618
77,802
1,822
27,442

26,853
2,509
228
7,792
25,171
4,308
0
28,583
81,406
3,338
32,586

35,430
3,061
162
8,629
26,280
4,205
0
32,966
90,008
2,719
35,134

56,013
56,013

63,715
119,728

111,165
230,893

139,023
369,916

181,068
550,984

212,774
763,758

1,566
1,112
335
2,134
17,142
0
0
12,137
15,329
0
15,537

2,590
989
285
1,754
16,405
0
0
13,016
23,950
0
16,689

5,285
1,958
274
2,401
21,363
41
0
21,004
34,232
134
22,557

7,353
1,924
164
6,439
22,319
1,240
0
25,161
56,010
1,248
24,825

10,671
1,161
289
6,817
24,591
3,715
0
26,792
64,265
1,375
26,252

29,689
2,107
402
7,969
26,433
3,871
0
29,429
52,607
1,430
34,961

36,139
5,100
279
9,630
29,597
4,226
0
39,650
58,162
1,215
39,017

65,292
65,292

75,678
140,970

109,249
250,219

146,683
396,902

165,928
562,830

188,898
751,728

223,015
203,918
155,715
148,836
109,518
92,249 1,684,979
974,743 1,178,661 1,334,376 1,483,212 1,592,730 1,684,979

2,796
1,464
0
240
1,759
15,819
0
12,693
21,336
0
16,129

3,413
1,590
633
293
1,733
15,735
0
13,414
26,197
0
19,439

5,210
2,512
914
505
2,376
19,970
304
24,119
45,149
164
25,837

8,777
2,519
867
158
4,701
23,174
4,669
24,440
65,155
1,395
29,196

13,008
3,322
2,493
645
5,442
26,359
6,874
25,747
82,019
1,337
32,595

31,194
3,955
4,694
417
9,196
27,920
8,505
38,895
80,012
1,893
36,941

33,934
5,067
8,251
145
10,545
24,984
9,747
42,808
76,144
1,253
37,485

72,236
72,236

82,447
154,683

127,060
281,743

165,051
446,794

199,841
646,635

243,622
890,257

2,686
1,717
3,244
362
1,841
14,618
0
10,993
19,987
0
17,567

3,166
1,821
4,670
389
1,784
13,880
0
12,082
22,486
0
18,527

6,005
2,757
6,244
259
2,196
20,130
0
23,704
31,381
304
25,790

10,130
3,526
6,376
343
4,923
24,316
3,458
24,370
44,023
1,337
26,732

17,761
5,026
9,758
426
5,849
28,696
6,182
25,458
46,566
1,261
30,009

37,961
5,387
9,942
626
8,909
27,794
6,837
36,235
42,660
0
33,456

Monthly Totals
Cumulative Totals

73,015
73,015

78,805
151,820

118,770
270,590

149,534
420,124

176,992
597,116

209,807
806,923

% Change vs. Prior Year
Monthly Total
Cumulative Totals

1.08%
1.08%

-4.42%
-1.85%

-6.52%
-3.96%

-9.40%
-5.97%

-11.43%
-7.66%

-13.88%
-9.36%

2021 Allegiant
Charters
United
Delta
Frontier
Porter
Southwest
Spirit
Sun Country
American
Monthly Totals
Cumulative Totals
2022 Allegiant
Avelo
Charters
United
Delta
Frontier
Porter
Southwest
Spirit
Sun Country
American
Monthly Totals
Cumulative Totals
2023 Allegiant
Avelo
Charters
United
Delta
Frontier
Porter
Southwest
Spirit
Sun Country
American
Monthly Totals
Cumulative Totals
2024 Allegiant
Avelo
Breeze
Charters
United
Delta
Frontier
Southwest
Spirit
Sun Country
American
Monthly Totals
Cumulative Totals
2025 Allegiant
Avelo
Breeze
Charters
United
Delta
Frontier
Southwest
Spirit
Sun Country
American

January

February

March

April

August

23,761
216
15,256
19,605
12,630
0
34,412
83,825
2,353
34,714

22,782
3,143
353
10,553
25,028
3,085
0
31,195
98,754
2,809
31,147

September

5,680
660
8,194
15,426
4,658
0
24,658
69,162
978
28,729

6,512
1,912
701
6,429
21,432
561
0
24,071
75,632
1,659
26,734

October

4,740
571
7,348
14,803
2,493
0
23,665
67,945
928
29,118

5,458
1,442
675
3,892
21,582
0
0
23,850
67,169
1,357
28,367

November

December

3,510
737
2,691
13,030
300
0
18,070
45,854
0
19,931

0
786
2,611
10,364
0
0
16,320
32,339
0
18,110

4,624
1,113
534
2,629
20,385
0
0
18,070
34,128
0
20,517

4,053
1,450
1,102
2,320
19,076
0
0
13,322
20,471
0
19,512

Total

110,770
4,489
74,851
153,139
48,362
0
180,917
714,162
11,475
307,972

116,787
16,558
4,934
69,065
246,597
16,865
1,096
269,368
684,630
14,815
293,227

238,594
228,849
165,643
153,792
102,000
81,306 1,733,942
1,002,352 1,231,201 1,396,844 1,550,636 1,652,636 1,733,942
21,158
5,106
269
10,737
25,886
3,971
0
35,344
64,860
1,557
35,030

23,775
5,381
8,467
669
9,376
26,378
6,388
31,072
73,512
1,320
33,302

9,680
3,897
708
6,039
23,306
1,833
0
26,990
52,239
1,195
29,828

11,525
4,150
5,754
482
6,503
22,980
4,999
27,286
55,146
59
31,705

9,168
3,747
458
4,593
24,295
1,395
0
27,106
47,979
1,279
28,816

10,596
4,382
5,331
794
5,651
23,033
4,863
24,848
50,701
0
32,986

5,620
2,260
1,022
2,050
21,079
603
0
19,483
36,416
0
20,985

5,877
2,369
4,138
900
2,938
19,802
4,328
17,279
39,230
0
25,676

5,051
2,163
809
2,022
20,094
0
0
17,518
28,414
0
16,178

4,856
2,448
4,117
729
2,343
21,074
291
17,022
27,695
0
20,322

143,970
31,524
5,294
62,585
272,510
20,895
0
293,630
534,463
9,433
310,675

154,961
39,159
45,659
5,977
62,563
267,228
50,968
299,623
642,296
7,421
341,613

250,363
219,640
170,589
163,185
122,537
100,897 1,917,468
1,140,620 1,360,260 1,530,849 1,694,034 1,816,571 1,917,468
42,227
6,012
12,034
175
10,044
29,316
7,798
38,523
47,771
0
34,816

38,203
7,090
12,672
513
10,352
24,821
7,958
30,805
63,168
0
36,906

15,056
4,114
9,930
767
6,722
20,742
5,119
24,847
34,781
0
34,280

16,892
4,334
12,907
637
6,011
20,616
5,188
21,994
23,229
0
35,001

190,087
41,784
87,777
4,497
58,631
224,929
42,540
249,011
376,052
2,902
293,084

228,716
232,488
156,358
146,809
0
0 1,571,294
1,035,639 1,268,127 1,424,485 1,571,294 1,571,294 1,571,294

-8.65%
-9.20%

5.85%
-6.77%

-8.34%
-6.95%

-10.04%
-7.25%

Page 120 of 234

Page 121 of 234

HORRY COUNTY, SC

INTERIM FINANCIAL STATEMENTS

GENERAL AND SELECTED SPECIAL REVENUE
FUNDS

December 31, 2025

UNAUDITED

Prepared by the Horry County Finance Department
Interim financial statement reports are presented as a financial snapshot of operations with analysis.

Page 121 of 234

Page 122 of 234

GENERAL FUND HIGHLIGHTS
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
General Fund Revenues by Category
Fee in lieu of tax,
$2,612,190 , 2%

Real, Personal &Vehicle
taxes, $115,992,440 ,
71%

Intergovernmental,
$6,784,005 , 4%

Fees and fines,
$17,312,701 , 11%

$162,796,850

Documentary
stamps, $5,148,660
, 3%
License and permits,
$6,473,530 , 4%
Other, $8,354,573
, 5%

Cost allocation,
$118,751 , 0%

General Fund Expenditures by Activity
Public safety,
$80,709,292 , 63%

Health and social services,
$1,072,508 , 1%

$127,189,713
Infrastructure and
regulation,
$13,927,010 , 11%
Culture, recreation
and tourism,
$3,864,452 , 3%
General government,
$27,561,797 , 22%

Other, $54,654 , 0%

General Fund Personnel Costs by Activity

Health and Social
Services, $276,234 ,
0%

Public Safety,
$61,672,183 , 67%

$91,755,137

Infrastructure & Reg,
$9,837,305 , 11%

Culture, Recreation
and Tourism,
$2,422,906 , 3%

General Government,
$17,546,509 , 19%

Page 122 of 234

Page 123 of 234

REVENUE SOURCES FOR SELECTED SPECIAL REVENUE FUNDS
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
Fire

Road Maintenance & CTC
Fee in lieu of tax,
78,932 , 0%

Intergovernmental,
388,607 , 3%

Interest & Other,
1,553,755 , 12%
Real, personal &
vehicle taxes,
28,433,966 , 94%

Intergovernmental,
19,092 , 0%

$30,259,033

$12,564,864

Interest & Other,
461,350 , 2%

Road fees,
10,622,502 , 85%

Transfers In,
1,265,693 , 4%

Beach Renourishment

Stormwater

Intergovernmental,
1,325,281 , 10%

Transfers In,
444,631 , 8%

Interest & Other,
5,186,020 , 91%

Interest & Other,
322,428 , 2%

$5,704,751

$13,395,346
Intergovernmental,
74,100 , 1%

Stormwater fees,
11,747,637 , 88%

Recreation

Waste Management Recycling
Real, personal &
vehicle taxes,
12,873,067 , 97%

Real, personal &
vehicle taxes,
4,993,072 , 85%
Fee in lieu of tax,
14,225 , 0%
Intergovernmental,
50,351 , 1%
Interest & Other,
543,207 , 9%

$5,851,685

$13,266,760

Fee in lieu of tax,
34,605 , 0%

Interest & Other,
359,088 , 3%

Hospitality fees,
103,211 , 2%
License and
permits, 147,619
, 3%

Total Revenues

Fee in lieu of tax,
127,762 , 0%

Real, personal &
vehicle taxes,
46,300,105 , 57%
Intergovernmental,
1,857,431 , 2%

Interest & Other,
8,425,848 , 11%

$81,042,439
Hospitality fees,
103,211 , 0%

License and
permits, 147,619 ,
0%

Road fees,
10,622,502 , 13%
Stormwater fees,
11,747,637 , 15%

Transfers In,
1,710,324 , 2%

Page 123 of 234

Page 124 of 234

HORRY COUNTY, SOUTH CAROLINA
EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
General Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

$
$

288,566,745
293,514,733
(4,947,988)
(16,295,114)
(21,243,102)
293,514,733
293,514,733

$

$
$
$

FY 2025

Actual

E
% Actual
to Annual
Budget

Actual

162,796,850
127,189,713

56.42%
43.33%

$ 115,556,498
111,780,740

35,607,137
(6,368,032)
29,239,105

39.08%

3,775,758
(8,903,394)
(5,127,636)

127,189,713
7,190,797
134,380,510

F

$
43.33%
45.78%

$ 111,780,740
6,283,966
$ 118,064,706

G
Variance
Actual /
Actual
$

$

47,240,352
(15,408,973)
31,831,379
2,535,362
34,366,741

$ (15,408,973)
(906,831)
$ (16,315,804)

Highlights relating to Revenues and Expenditures
INTRODUCTION
Total actual revenues of $162.8M were offset by expenditures of $127.2M and other financing uses of ($6.4M) to produce an increase in fund
balance of $29.2M.

REVENUES
Total general fund actual revenues increased by $47.2M over prior year primarily due to increases in real and personal property taxes and interest
revenue. Below lists each revenue category with year to date total and comparison to prior year to date total.

Other

5,676,754
4,332,322

Fees & fines

12,066,597
11,322,552

Interest

4,904,677
4,208,805

Hospitality Fees & Local ATAX

5,246,104
5,309,760

Register of Deeds

6,810,667
6,315,840

Building permits

5,315,604
6,702,155

Intergovernmental

6,784,005
7,040,511

Vehicle taxes

8,889,200
8,082,327
107,103,239

Real and personal property taxes

62,242,222
-

20,000,000

40,000,000
12/31/2025

60,000,000

80,000,000

100,000,000

120,000,000

12/31/2024

Page 124 of 234

Page 125 of 234

HORRY COUNTY, SOUTH CAROLINA
EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

EXPENDITURES
General Fund - Budgetary Basis
FY 2026
C

A

Personnel costs
Other operating expenditures
Subtotal expenditures
Encumbrances

F

Annual
Budget

Actual
& Encumbrances

to Annual

Actual

Budget

& Encumbrances

207,866,977
85,647,756
293,514,733
293,514,733

$

44.14%
41.37%

$

$

Total expenditures & encumbrances

FY 2025
E
% Actual

$

91,755,137
35,434,576
127,189,713
7,190,797
134,380,510

$

79,422,865
32,357,875
111,780,740
6,283,966
$ 118,064,706

45.78%

G
Variance
Actual /
Actual
$ (12,332,272)
(3,076,701)
(15,408,973)
(906,831)
$ (16,315,804)

Highlights
EXPENDITURES
Total general fund actual expenditures are ($15.4M) higher than prior year. The general fund expenditures annual budget of
$293,514,733 includes personnel costs (salaries and fringe benefits) of $207,866,977, which is 71% of the total expenditure budget.

Actual personnel costs are ($12.3M) higher than prior year. The change in personnel costs is illustrated below:
$70,000,000

$60.3M
$60,000,000

$50.8M
$50,000,000
$40,000,000

$31.5M
$30,000,000

$28.6M

$20,000,000
$10,000,000
$Wages
(Salary, Overtime, Vacation, Holiday)
12/31/2025

Fringe Benefits
12/31/2024

Total general fund actual salaries increased ($9.4M) and fringe benefits have increased ($2.9M).
Total general fund actual other operating expenditures for FY26 are ($3.1M) higher than FY25. The change in other operating
expenditures is illustrated below:

$18,000,000
$16,000,000
$14,000,000

$15.7M
$13.6M

$12,000,000
$10,000,000

$8.4M

$7.7M

$7.4M

$8,000,000
$6,000,000

$3.4M

$7.2M

$3.5M

$4,000,000

$409.9k $170.2k

$2,000,000

$89.7k $89.7k

$Contractual services

Supplies & materials

Business & transportation
12/31/2025

Program Expenditures

Capital & Other

Contributions to agencies

12/31/2024

Increase in contractual services ($2.1M) and Supplies & Materials ($717k).

Page 125 of 234

Page 126 of 234

HORRY COUNTY, SOUTH CAROLINA
GENERAL FUND
BALANCE SHEETS
As of DECEMBER 31, 2025
(with comparative amounts December 31, 2024)
UNAUDITED
2026
Assets
Cash and cash equivalents
Pooled cash and investments
Receivables, net:
Property taxes and other taxes
Accounts and other
Fees
Leases
Due from other funds
Due from other governments
Inventories
Prepaid items
Total Assets

$

2,145,301
324,057,407

2025
$

69,358,455
6,720,781
4,284,570
178,767
720,263
79,934
341,276
5,963,199

1,946,725
250,589,084
106,145,730
8,869,024
5,377,850
470,374
821,926
579,500
326,255
5,217,607

$

413,849,953

$

380,344,075

$

2,138,672
4,964,040
3,478,991
11,390
-

$

1,098,345
4,575,349
3,057,138
5,333
17

Liabilities
Liabilities:
Accounts payable - trade
Accrued salaries & wages
Due to other governments
Unearned revenue
Due to taxpayers for overpayment
Proceeds from sale of properties due to
delinquent taxes
Construction performance bonds
Other accrued liabilities
Total Liabilities

35,493,535
53,248,919
1,702,685
101,038,232

36,196,093
56,952,322
1,900,742
103,785,339

Deferred inflows of resources
Unavailable revenue - fees and other
Unavailable revenue - property taxes
Deferred revenue - leases
Total deferred inflows of resources

6,872,289
73,642,334
168,480
80,683,103

8,913,685
111,522,890
456,482
120,893,057

Fund balances
Nonspendable
Committed to public safety
Committed to culture, recreation & tourism
Committed to infrastructure & regulation
Committed to reserves / stabilization
Committed to other purposes
Committed to OPEB
Committed to abatement/demolition
Committed to affordable workplace housing
Committed to retiree health insurance plan
Unassigned (deficit)

6,304,475
3,973,099
402,538
2,654,163
91,914,616
13,411,869
16,230,438
914,173
2,619,914
93,703,333

5,543,862
3,055,577
364,551
1,895,903
87,029,917
845,395
14,679,167
883,885
1,869,914
4,935,337
34,562,171

232,128,618

155,665,679

Total fund balances
Total liabilities, deferred inflows of resources
and fund balances

$

413,849,953

$

380,344,075

Page 126 of 234

Page 127 of 234

HORRY COUNTY, SOUTH CAROLINA
GENERAL FUND
STATEMENTS OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)

UNAUDITED
FY 2025

FY 2026
A
Annual
Budget

Revenues
Real and personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental
Fees and fines
Documentary stamps
License and permits
Cost allocation
Other
Total revenues

$

B
Actual

163,520,981
14,803,822
5,543,690
19,375,614
38,276,026
8,686,206
22,488,615
5,200,000
10,671,791
288,566,745

$ 107,103,240
8,889,200
2,612,190
6,784,005
17,312,701
5,148,660
6,473,530
118,751
8,354,573
162,796,850

Current:
General government
Public safety
Health and social services
Infrastructure and regulation
Culture, recreation and tourism
Economic development
Total expenditures

63,938,716
184,169,365
1,932,868
34,656,987
8,702,239
114,558
293,514,733

Excess (deficiency) of revenues over
expenditures
Other Financing Sources (Uses)
Sales of assets
Transfers in
Transfers out
Total other financing sources (uses)

C
Variance Annual
Budget / Actual
$

E
Variance
Actual / Actual

D
Prior Year
Actual

(56,417,741)
(5,914,622)
(2,931,500)
(12,591,609)
(20,963,325)
(3,537,546)
(16,015,085)
(5,081,249)
(2,317,218)
(125,769,895)

$ 62,242,225
8,082,327
1,741,438
7,040,511
16,632,312
4,696,345
7,664,337
225,000
7,232,003
115,556,498

$

44,861,015
806,873
870,752
(256,506)
680,389
452,315
(1,190,807)
(106,249)
1,122,570
47,240,352

27,561,797
80,709,292
1,072,508
13,927,010
3,864,452
54,654
127,189,713

36,376,919
103,460,073
860,360
20,729,977
4,837,787
59,904
166,325,020

25,338,088
69,155,949
1,076,960
12,379,619
3,775,470
54,654
111,780,740

(2,223,709)
(11,553,343)
4,452
(1,547,391)
(88,982)
(15,408,973)

(4,947,988)

35,607,137

40,555,125

3,775,758

31,831,379

25,000
5,039,968
(21,360,082)
(16,295,114)

104,750
2,523,397
(8,996,179)
(6,368,032)

79,750
(2,516,571)
12,363,903
9,927,082

1,684
2,448,316
(11,353,394)
(8,903,394)

103,066
75,081
2,357,215
2,535,362

(21,243,102)

29,239,105

50,482,207

(5,127,636)

34,366,741

202,889,513

202,889,513

-

160,793,315

42,096,198

181,646,411

$ 232,128,618

50,482,207

$ 155,665,679

Expenditures

Net change in fund balance
Fund balance at beginning of year
Fund balance at of end of period

$

$

$

76,462,939

Page 127 of 234

Page 128 of 234

Horry County, South Carolina
General Fund Revenue - Building Permits
For the Twelve Month Periods ended December 31, 2025 and December 31, 2024
0
Current 12 Months

Prior 12 Months

1,450,000.00
1,350,000.00
1,250,000.00
1,150,000.00
1,050,000.00
950,000.00
850,000.00
750,000.00
650,000.00
550,000.00
450,000.00
350,000.00
250,000.00

Horry County, South Carolina
Business License Revenue - All Funds
(General Fund, Recreation, Waste Management Recycling)
For the Twelve Month Periods ended December 31, 2025 and December 31, 2024
Current 12 Months

Prior 12 Months

7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
-

Horry County, South Carolina

Page 128 of 234

Page 129 of 234

General Fund Revenue - Register of Deeds
For the Twelve Month Periods ended December 31, 2025 and December 31, 2024

Current 12 Months

Prior 12 Months

1460000
1260000
1060000
860000
660000
460000
260000

Horry County, South Carolina
General Fund Revenue - EMS Fees
For the Twelve Month Periods ended December 31, 2025 and December 31, 2024
Current 12 Months

Prior 12 Months

2,000,000.00
1,750,000.00
1,500,000.00
1,250,000.00
1,000,000.00
750,000.00
500,000.00
250,000.00
-

Page 129 of 234

Page 130 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Fire Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget

FY2025

Actual

44,526,778
47,863,210

$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)

$

28,993,340
20,121,263

65.11%
42.04%

$ 16,759,497
16,673,507

8,872,077
1,049,048

-265.92%
72.44%

85,990
253,563

Net Change in Fund Balance

$

(1,888,275)

$

9,921,125

Total expenditures
Total encumbrances

$

47,863,210
-

$

20,121,263
735,690

Total expenditures & encumbrances

$

47,863,210

$

20,856,953

(3,336,432)
1,448,157

$

G
Variance
Actual /
Actual
$

12,233,843
(3,447,756)
8,786,087
795,485

339,553

$

9,581,572

42.04%

$ 16,673,507
469,448

$

(3,447,756)
(266,242)

43.58%

$ 17,142,955

$

(3,713,998)

Highlights relating to Revenues and Expenditures
Total actual revenues increased $12.2M from prior year.

Total actual expenditures increased ($3.4M). The change in personnel costs is illustrated below
$12,000,000

$10.9M

$10,000,000

$8.6M

$8,000,000

$6.2M
$6,000,000

$5M

$4,000,000
$2,000,000
$Wages
(Salary, Overtime, Vacation, Holiday, Temporary
Help)
12/31/2025

Fringe Benefits

12/31/2024

Salaries increased by ($2.3M) and benefits increased by ($1.2M).
The change in other operating expenditures is illustrated below:

Total

Fire Fund Other Operating Expenditures
$1,000,000
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$12/31/2025

Contractual
services
$800,227

Supplies and
materials
$823,428

Business &
transportation
$871,100

12/31/2024

$756,103

$860,959

$770,748

Capital outlay

Other

$229,448

$244,633

$410,988

$252,540

Increase in business and transportation ($100k) and decrease in capital outlay $182k.

Page 130 of 234

Page 131 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Road Maintenance & CTC Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

23,928,297
43,198,356
(19,270,059)
(19,270,059)

$
$

43,198,356
43,198,356

$

FY2025

$

$

G
Variance
Actual /
Actual

12,564,864
7,209,184

52.51%
16.69%

$ 12,562,220
6,774,936

5,355,680
5,355,680

-27.79%
0.00%

5,787,284
(5,500)
5,781,784

7,209,184
4,580,054
11,789,238

16.69%

$
$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

$
$

6,774,936
14,904,547
$ 21,679,483

27.29%

$

2,644
(434,248)
(431,604)
5,500
(426,104)

$
$

(434,248)
10,324,493
9,890,245

$

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $3k from prior year.
Total actual expenditures increased ($434k). Encumbrances decreased $10.3M from prior year for decreases in pavement
and resurfacing and Coastal Rapid Transit Authority. The change in personnel costs is illustrated below:
The change in personnel costs is illustrated below:
$300,000

$248.8k
$250,000

$213.9k

$200,000

$151.1k
$127.1k

$150,000
$100,000
$50,000
$Wages (Salary, Overtime, Vacation, Holiday,
Temporary Help)
12/31/2025

Fringe Benefits
12/31/2024

Decreases in wages $35k and benefits $24k.
The change in other operating expenditures is illustrated below:

Road/CTC Fund Other Operating Expenditures
$6,000,000
$5,000,000

Total

$4,000,000
$3,000,000
$2,000,000
$1,000,000
$Contractual
services

Supplies &
materials

Business &
transportation

12/31/2025

$7,067

$6,618

$22,468

State
construction
contracts
$423,506

12/31/2024

$5,847

$3,662

$38,667

$708,801

Capital outlay

Other

Distribution to
municipalities

Contributions to
agencies

$4,894,460

$325,278

$1,188,712

$-

$3,203,605

$328,700

$949,519

$1,136,233

Increases in capital outlay ($1.7M) and distribution to municipalities ($239k) and decreases in contributions to agencies $1.1M
and state construction contracts $285k.

Page 131 of 234

Page 132 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Beach Renourishment Fund - Budgetary Basis
A

FY 2026
C

Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

$

5,305,250
11,809,876
(6,504,626)
1,490,000
(5,014,626)

Actual
$

$

FY2025
F
Prior
Year
Actual

E
% Actual
to Annual
Budget

5,260,120
48,843

99.15%
0.41%

$

5,211,277
444,631
5,655,908

-80.12%
29.84%
-112.79%

$

301,108
68,631
232,477
431,320
663,797

G
Variance
Actual /
Actual
$

$

4,959,012
19,788
4,978,800
13,311
4,992,111

Total expenditures
Total encumbrances

$

11,809,876
-

$

48,843
9,887,452

0.41%

$

68,631
297,217

$

19,788
(9,590,235)

Total expenditures & encumbrances

$

11,809,876

$

9,936,295

84.14%

$

365,848

$

(9,570,447)

Total actual revenues increased $5.0M over prior year due to payment from the City of Myrtle Beach for renourishment project
this year.
Total expenditures have decreased $20k. Encumbrances increased ($9.6M) for beach renourishment due to upcoming
renourishment projects.

Page 132 of 234

Page 133 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Stormwater Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

17,878,150
24,303,309
(6,425,159)
20,000
(6,405,159)

$
$

24,303,309
24,303,309

$

FY2025

$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

13,395,346
5,781,316

74.93%
23.79%

7,614,030
(19,750)
7,594,280

-118.50%
-98.75%

5,781,316
989,963
6,771,279

23.79%

$

27.86%

$

$
$
$

$

$

7,566,108
6,337,294
1,228,814
(447,606)
781,208
6,337,294
794,051
7,131,345

G
Variance
Actual /
Actual
$

$
$
$

5,829,238
555,978
6,385,216
427,856
6,813,072
555,978
(195,912)
360,066

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $5.8M over prior year. Total actual expenditures decreased by $556k over last year.
The change in personnel costs is illustrated below:
$2,500,000

$2M
$2,000,000

$1.8M

$1,500,000

$1.1M

$994.1k

$1,000,000
$500,000
$Wages
(Salary, Overtime, Vacation, Holiday, Temporary
Help)
12/31/2025

Fringe Benefits

12/31/2024

Salaries increased by ($185k) and related benefits increased by ($106k).
The change in other operating expenditures is illustrated below:

Stormwater Fund Other Operating Expenditures
$2,500,000

$2,000,000

Total

$1,500,000

$1,000,000

$500,000

$Contractual services

Supplies & materials

12/31/2025

$676,467

$252,224

Business &
transportation
$349,341

State construction
contracts
$1,596

Capital outlayinfrastructure
$259,888

$1,136,307

12/31/2024

$597,537

$536,394

$354,854

$-

$12,981

$2,021,516

Other

Increases in capital outlay-infrastructure ($247k) and contractual services ($79k) and decreases in supplies & materials $284k
and other $885k.

Page 133 of 234

Page 134 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Recreation Fund - Budgetary Basis
FY 2026
C

A
Annual
Budget
Total revenues
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other Financing Sources (Uses)
Net Change in Fund Balance

$

Total expenditures
Total encumbrances
Total expenditures & encumbrances

Actual

11,630,687
10,696,959
933,728
(1,144,000)
(210,272)

$
$

10,696,959
10,696,959

$

FY2025

$

$

G
Variance
Actual /
Actual

5,851,685
3,417,828

50.31%
31.95%

$

2,433,857
(323,500)
2,110,357

260.66%
28.28%

494,850
(1,117,377)
$
(622,527)

$

3,417,828
179,333
3,597,161

31.95%

$

$

33.63%

$

$
$

F
Prior
Year
Actual

E
% Actual
to Annual
Budget

3,847,818
3,352,968

3,352,968
156,573
3,509,541

$

$

2,003,867
(64,860)
1,939,007
793,877
2,732,884
(64,860)
(22,760)
(87,620)

Highlights relating to Revenues and Expenditures
Total actual revenues increased by $2.0M compared to prior year. Total actual expenditures increased ($65k).

The change in personnel costs is illustrated below:
$1,400,000

$1.3M

$1.2M

$1,200,000
$1,000,000
$800,000

$676.2k

$662.5k

$600,000
$400,000
$200,000
$Wages (Salary, Overtime, Vacation, Holiday,
Temporary Help)
12/31/2025

Fringe Benefits

12/31/2024

Salaries increased by ($32k) and related benefits increased by ($14k) compared to prior year.
The change in other operating expenditures is illustrated below:

Recreation Fund Other Operating Expenditures
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$12/31/2025

$410,490

Supplies and
materials
$157,874

Business and
transportation
$117,004

$330,044

Distribution to
municipalities
$299,964

Programs and
Athletics
$161,052

12/31/2024

$368,925

$218,658

$107,354

$337,330

$300,000

$124,624

Contractual services

Other

Decrease in supplies and materials $61k.

Page 134 of 234

Page 135 of 234

EXECUTIVE OVERVIEW
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED

Waste Management Recycling Fund - Budgetary Basis
A

FY 2026
C

Annual
Budget
20,038,401
21,138,314

Actual

Total revenues
Total expenditures
Excess of revenues
over expenditures
Other Financing Sources (Uses)

$

$

Net Change in Fund Balance

$

(2,439,913)

$

6,953,381

Total expenditures
Total encumbrances
Total expenditures & encumbrances

$

21,138,314
21,138,314

$

5,978,379
10,025,187
16,003,566

(1,099,913)
(1,340,000)

$

$

FY2025
F
Prior
Year
Actual

E
% Actual
to Annual
Budget

13,266,760
5,978,379

66.21%
28.28%

7,288,381
(335,000)

-662.63%
25.00%

$

75.71%

$

2,539,742
(518,500)
$

28.28%

7,778,031
5,238,289

G
Variance
Actual /
Actual
5,488,729
(740,090)
4,748,639
183,500

2,021,242

$

4,932,139

5,238,289
11,016,223
$ 16,254,512

$

(740,090)
991,036
250,946

$

$

Total actual revenues increased $5.5M compared to prior year.
Expenditures increased by ($740k).

Page 135 of 234

Page 136 of 234

HORRY COUNTY, SOUTH CAROLINA
SELECTED SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
As of DECEMBER 31, 2025
UNAUDITED

Assets
Pooled cash and investments
Receivables, net:
Property taxes
Fees
Lease receivable - GASB 87
Due from other governments
Total assets
Liabilities
Liabilities
Accounts payable-trade
Accrued salaries and wages
Unearned revenue
Total Liabilities

Fire

Road
Maintenance
& CTC

Beach
Renourishment

Stormwater
Management

$ 36,508,964

$ 80,270,337

$ 17,857,836

$

17,383,813
142,000
9,423

1,629,759
130,886

-

$ 54,044,200

$ 82,030,982

$ 17,857,836

$

$

$

21,961
6,786
28,747

108,304
108,304

-

Recreation

Waste
Management
Recycling

Total

24,876,415

$ 10,871,580

$ 26,037,384

$ 196,422,516

6,215,017
897

2,257,883
13,692
162,881
354

7,688,549
58,027
38,365

27,330,245
8,058,495
162,881
179,925

$

31,092,329

$ 13,306,390

$ 33,822,325

$ 232,154,062

$

219,551
17,424
236,975

$

$

$

15,916
466
19,890
36,272

-

365,732
24,676
19,890
410,298

Deferred Inflows of Resources
Unavailable revenue-property taxes and other
Def.Inflow Lease (GASB 87)

17,537,881
-

1,678,437
-

-

6,215,917
-

2,271,928
158,031

7,784,941
-

35,489,104
158,031

Total deferred inflows of resources

17,537,881

1,678,437

-

6,215,917

2,429,959

7,784,941

35,647,135

36,477,572
36,477,572

48,789,675
31,454,566
80,244,241

908,551
16,949,285
17,857,836

24,639,437
24,639,437

3,994,445
6,845,714
10,840,159

10,843,246
15,194,138
26,037,384

36,477,572
4,902,996
35,482,683
48,789,675
23,794,999
46,648,704
196,096,629

$ 54,044,200

$ 82,030,982

$ 17,857,836

31,092,329

$ 13,306,390

$ 33,822,325

$ 232,154,062

Fund balances
Restricted for public safety
Restricted for culture, recreation and tourism
Restricted for infrastructure and regulation
Restricted for capital projects
Committed to culture, recreation and tourism
Committed to infrastructure and regulation
Total fund balances
Total liabilities, deferred inflows of resources
and fund balances

$

Page 136 of 234

Page 137 of 234

HORRY COUNTY, SOUTH CAROLINA
FIRE SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental - federal
Intergovernmental - state
Interest
Other
Total revenues

$ 36,847,794
2,235,759
4,633,055
131,509
72,000
570,205
36,456
44,526,778

Actual
$

25,150,878
723,507
2,559,581
78,932
19,092
424,744
36,606
28,993,340

FY 2025
Variance Annual
Budget / Actual
$

(11,696,916)
(1,512,252)
(2,073,474)
(52,577)
(52,908)
(145,461)
150
(15,533,438)

Prior Year
Actual
$

12,818,720
649,070
2,556,119
103,938
159,616
49,891
392,362
29,781
16,759,497

Variance
Actual / Actual
$

12,332,158
74,437
3,462
(25,006)
(159,616)
(30,799)
32,382
6,825
12,233,843

Expenditures
Current:
Public safety:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay
Indirect cost allocation
Other
Disaster
Total expenditures

36,954,077
2,343,109
3,143,443
2,200,652
357,190
1,525,044
1,339,695
47,863,210

17,152,427
800,227
823,428
871,100
229,448
243,649
984
20,121,263

19,801,650
1,542,882
2,320,015
1,329,552
127,742
1,525,044
1,096,046
(984)
27,741,947

13,622,169
756,103
860,959
770,748
410,988
243,303
9,237
16,673,507

(3,530,258)
(44,124)
37,531
(100,352)
181,540
(346)
8,253
(3,447,756)

Excess (deficiency) of revenues
over expenditures

(3,336,432)

8,872,077

12,208,509

85,990

8,786,087

Sale of assets
Transfers in
Transfers out
Total other financing sources (uses)

2,531,386
(1,083,229)
1,448,157

7,880
1,265,693
(224,525)
1,049,048

7,880
(1,265,693)
858,704
(399,109)

1,205,422
(951,859)
253,563

7,880
60,271
727,334
795,485

Net change in fund balance

(1,888,275)

9,921,125

11,809,400

339,553

9,581,572

Other Financing Sources (Uses)

Fund balance at beginning of year
Fund balance at end of the period

26,556,447
$ 24,668,172

$

26,556,447
36,477,572

$

11,809,400

$

22,407,579
22,747,132

$

4,148,868
13,730,440

Page 137 of 234

Page 138 of 234

HORRY COUNTY, SOUTH CAROLINA
ROAD MAINTENANCE & CTC SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Intergovernmental
Fees
Interest
Total revenues

$

FY 2025
Variance Annual
Budget / Actual

Actual

1,518,297
20,500,000
1,910,000
23,928,297

$

388,607
10,622,502
1,553,755
12,564,864

$

(1,129,690)
(9,877,498)
(356,245)
(11,363,433)

$

Prior Year
Actual

Variance
Actual / Actual

708,290
10,193,193
1,660,737
12,562,220

$

(319,683)
429,309
(106,982)
2,644

Expenditures
Current:
Engineer:
Capital outlay
Construction contracts - state
Capital outlay - infrastructure
Indirect cost allocation
Total Engineer

1,510,085
1,629,488
25,320,201
700,000
29,159,774

162,205
423,506
4,260,258
4,845,969

1,347,880
1,205,982
21,059,943
700,000
24,313,805

17,154
708,801
2,699,010
3,424,965

(145,051)
285,295
(1,561,248)
(1,421,004)

Operations:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay - infrastructure
Indirect cost allocation
Other
Distribution to municipalities
Contributions to agencies
Total operations
Total expenditures

1,175,048
22,851
20,150
148,750
7,565,318
150,000
650,555
4,147,643
158,267
14,038,582
43,198,356

341,074
7,067
6,618
22,468
471,998
325,278
1,188,712
2,363,215
7,209,184

833,974
15,784
13,532
126,282
7,093,320
150,000
325,277
2,958,931
158,267
11,675,367
35,989,172

399,902
5,847
3,662
38,667
487,441
328,700
949,519
1,136,233
3,349,971
6,774,936

58,828
(1,220)
(2,956)
16,199
15,443
3,422
(239,193)
1,136,233
986,756
(434,248)

Excess (deficiency) of revenues
over expenditures

(19,270,059)

5,355,680

24,625,739

5,787,284

(431,604)

-

-

-

(5,500)
(5,500)

5,500
5,500

(19,270,059)

5,355,680

24,625,739

5,781,784

(426,104)

Other Financing Sources (Uses)
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

$

74,888,561
55,618,502

$

74,888,561
80,244,241

$

24,625,739

$

72,267,152
78,048,936

$

2,621,409
2,195,305

Page 138 of 234

Page 139 of 234

HORRY COUNTY, SOUTH CAROLINA
BEACH RENOURISHMENT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026
Annual
Budget
Revenues
Intergovernmental - state
Interest
Other

$

74,100
282,514
4,903,506
5,260,120

Variance Annual
Budget / Actual
$

$

94,550
206,558
301,108

Variance
Actual / Actual

Total revenues
Expenditures
Current:
Culture, recreation and tourism:
Contractual services
Business and transportation
Programs
Total expenditures

10,530,745
550
1,278,581
11,809,876

48,293
550
48,843

10,482,452
1,278,581
11,761,033

68,631
68,631

20,338
(550)
19,788

Excess (deficiency) of revenues
over expenditures

(6,504,626)

5,211,277

11,715,903

232,477

4,978,800

Other Financing Sources (Uses)
Transfers in

1,490,000

444,631

(1,045,369)

431,320

13,311

Total other financing sources (uses)

1,490,000

444,631

(1,045,369)

431,320

13,311

Net change in fund balance

(5,014,626)

5,655,908

10,670,534

663,797

4,992,111

12,201,928
$ 7,187,302

12,201,928
$ 17,857,836

10,670,534

9,761,437
$ 10,425,234

$

(140,900)
76,264
19,506
(45,130)

Prior Year
Actual

215,000
206,250
4,884,000
5,305,250

Fund balance at beginning of year
Fund balance at end of the period

$

Actual

FY 2025

$

$

(20,450)
75,956
4,903,506
4,959,012

2,440,491
7,432,602

Page 139 of 234

Page 140 of 234

HORRY COUNTY, SOUTH CAROLINA
STORMWATER MANAGEMENT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026

FY 2025

Annual
Budget

Actual

$ 17,376,750
501,400
17,878,150

$ 11,747,637
1,325,281
322,428
13,395,346

Expenditures
Current:
Infrastructure and regulation:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay - infrastructure
Construction contracts - state
Capital outlay
Disaster
Programs
Other
Indirect cost allocation
Total expenditures

8,029,470
2,204,302
2,199,821
818,383
7,680,054
206,898
242,482
2,321,899
600,000
24,303,309

3,105,492
676,467
252,224
349,342
252,272
1,596
7,616
1,136,307
5,781,316

4,923,978
1,527,835
1,947,597
469,041
7,427,782
205,302
(7,616)
242,482
1,185,592
600,000
18,521,993

2,814,013
597,537
536,394
354,853
12,981
951,520
1,069,996
6,337,294

(291,479)
(78,930)
284,170
5,511
(239,291)
(1,596)
(7,616)
951,520
(66,311)
555,978

Excess (deficiency) of revenues
over expenditures

(6,425,159)

7,614,030

14,039,189

1,228,814

6,385,216

175,000
(155,000)
20,000

(19,750)
(19,750)

(175,000)
135,250
(39,750)

(447,606)
(447,606)

427,856
427,856

(6,405,159)

7,594,280

13,999,439

781,208

6,813,072

17,045,157
$ 10,639,998

17,045,157
$ 24,639,437

13,999,439

12,731,328
$ 13,512,536

Revenues
Fees and fines
Intergovernmental
Interest
Total revenues

Other Financing Sources (Uses)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

Variance Annual
Budget / Actual
$

$

(5,629,113)
1,325,281
(178,972)
(4,482,804)

Prior Year
Actual
$

7,209,933
124,753
231,422
7,566,108

Variance
Actual / Actual
$

$

4,537,704
1,200,528
91,006
5,829,238

4,313,829
11,126,901

Page 140 of 234

Page 141 of 234

HORRY COUNTY, SOUTH CAROLINA
RECREATION SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026
Annual
Budget

Actual

$ 6,655,857
363,860
727,669
28,180
220,000
2,287,300
184,821
1,163,000
11,630,687

$ 4,473,439
136,587
383,046
14,225
50,351
103,211
147,619
158,212
384,995
5,851,685

Expenditures
Current:
Culture, recreation and tourism:
Personnel costs
Contractual services
Supplies and materials
Business and transportation
Capital outlay
Indirect cost allocation
Other
Distribution to municipalities
Contributions to agencies
Programs
Athletics
Total expenditures

5,259,584
863,482
561,814
268,925
5,700
725,000
723,334
300,001
74,185
1,542,508
372,426
10,696,959

Excess (deficiency) of revenues
over expenditures

Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Intergovernmental
Hospitality fees
Licenses and permits
Interest
Other
Total revenues

Other Financing Sources (Uses)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of the period

FY 2025
Variance Annual
Budget / Actual

Prior Year
Actual

Variance
Actual / Actual

(2,182,418)
(227,273)
(344,623)
(13,955)
50,351
(116,789)
(2,139,681)
(26,609)
(778,005)
(5,779,002)

$ 2,547,243
123,746
356,037
26,958
3,846
103,375
111,185
165,533
409,895
3,847,818

$ 1,926,196
12,841
27,009
(12,733)
46,505
(164)
36,434
(7,321)
(24,900)
2,003,867

1,941,400
410,490
157,874
117,004
330,044
299,964
95,226
65,826
3,417,828

3,318,184
452,992
403,940
151,921
5,700
725,000
393,290
37
74,185
1,447,282
306,600
7,279,131

1,896,076
368,925
218,659
107,354
337,330
300,000
84,947
39,677
3,352,968

(45,324)
(41,565)
60,785
(9,650)
7,286
36
(10,279)
(26,149)
(64,860)

933,728

2,433,857

1,500,129

494,850

1,939,007

3,000
(1,147,000)
(1,144,000)

(323,500)
(323,500)

(3,000)
823,500
820,500

(1,117,377)
(1,117,377)

793,877
793,877

(210,272)

2,110,357

2,320,629

(622,527)

2,732,884

8,729,802
$ 8,519,530

8,729,802
$ 10,840,159

2,320,629

9,060,658
$ 8,438,131

(330,856)
$ 2,402,028

$

$

Page 141 of 234

Page 142 of 234

HORRY COUNTY, SOUTH CAROLINA
WASTE MANAGEMENT RECYCLING SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET (GAAP BASIS) AND ACTUAL
FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
(with comparative actual amounts for the period ended December 31, 2024)
UNAUDITED
FY 2026

Revenues
Real property taxes
Personal property taxes
Vehicle taxes
Fee in lieu of tax
Licenses and permits
Interest
Total revenues

Annual
Budget

Actual

$ 16,711,305
942,396
1,974,642
44,032
366,026
20,038,401

$ 11,434,083
324,170
1,114,814
34,605
359,088
13,266,760

394,194
15,600
67,200
476,994

Variance Annual
Budget / Actual

FY 2025
Variance
Actual / Actual

(5,277,222)
(618,226)
(859,828)
(9,427)
(6,938)
(6,771,641)

$ 5,933,649
286,909
1,116,063
97,388
67,215
276,807
7,778,031

140,139
5,783
33,600
179,522

254,055
9,817
33,600
297,472

155,097
17,143
33,600
205,840

14,958
11,360
26,318

20,477,601
33,859
45,000
104,860
20,661,320

5,798,857
5,798,857

14,678,744
33,859
45,000
104,860
14,862,463

4,995,019
37,430
5,032,449

(803,838)
37,430
(766,408)

Total expenditures

21,138,314

5,978,379

15,159,935

5,238,289

(740,090)

Excess (deficiency) of revenues
over expenditures

(1,099,913)

7,288,381

8,388,294

2,539,742

4,748,639

Other Financing Sources (Uses)
Transfers out
Total other financing sources (uses)

(1,340,000)
(1,340,000)

(335,000)
(335,000)

1,005,000
1,005,000

(518,500)
(518,500)

183,500
183,500

Net change in fund balance

(2,439,913)

6,953,381

9,393,294

2,021,242

4,932,139

19,084,003
$ 16,644,090

19,084,003
$ 26,037,384

9,393,294

13,620,355
$ 15,641,597

Expenditures
Current:
Public safety:
Personnel costs
Business and transportation
Other
Infrastructure and regulation:
Contractual services
Programs
Indirect cost allocation
Other

Fund balance at beginning of year
Fund balance at end of the period

$

Prior Year
Actual

$

$

$

5,500,434
37,261
(1,249)
(62,783)
(67,215)
82,281
5,488,729

5,463,648
10,395,787

Page 142 of 234

Page 143 of 234

Transportation Tax - Ride 4
(shown by month of sales and net of .7% State administrative fee )

May
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr

$
$
$
$
$
$
$
$
$
$
$
$

Year 1
FY 2026
11,060,206
13,310,973
14,123,440
12,381,129
10,326,614
9,835,107
9,377,906
-

Year 2
FY 2027

Total before
additional DOR
charges

$

80,415,376 $

$
$
$
$
$
$
$
$
$
$
$
$

Year 3
FY 2028
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 4
FY 2029
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 5
FY 2030
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 6
FY 2031
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 7
FY 2032
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 8
FY 2033
-

Year 9
FY 2034

$
$
$
$
$
$
$
$
$
$
$
$

-

$
$
$
$
$
$
$
$
$
$
$
$

Year 10
FY 2035
-

$
$
$
$
$
$
$
$
$
$
$
$

-

- $

- $

- $

- $

- $

- $

-

$

- $

-

$

- $

- $

- $

- $

- $

-

$

- $

-

less: charge by DOR to fund additional personnel
for increased enforcement collections
Actual

$

80,415,376 $

- $

- $

- $

- $

- $

- $

- $

- $

-

Budget

$

131,800,000 $

137,072,000 $

142,554,880 $

148,257,075 $

154,187,358 $

160,354,853 $

166,769,047 $

173,439,809 $

180,377,401 $

187,592,497

$80,415,376 $
80,415,376 $
80,415,376 $
LTD Revenue Variance
$ (6,269,584,624)

80,415,376 $

80,415,376 $

80,415,376 $
80,415,376 $
80,415,376 $
Estimate Revenue $ 6,350,000,000
Balance to Collect/(Excess) $ 6,269,584,624

80,415,376 $
$
$

80,415,376
6,350,000,000
6,269,584,624

Year 6
FY 2031

Year 9
FY 2034

Year 10
FY 2035

Actual Over
(Under) Budget

(51,384,624)

Cumulative
Variance

(51,384,624)

Cumulative
Receipts

May
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr

$
$
$
$
$
$
$
$
$
$
$
$

Year 1
FY 2026
11,060,206
24,371,180
38,494,620
50,875,749
61,202,363
71,037,470
80,415,376
80,415,376
80,415,376
80,415,376
80,415,376
80,415,376

Year 2
FY 2027
$
$
$
$
$
$
$
$
$
$
$
$

Year 3
FY 2028
-

$
$
$
$
$
$
$
$
$
$
$
$

-

$
$
$
$
$
$
$
$
$
$
$
$

Year To Date By Month
Year 4
Year 5
FY 2029
FY 2030
- $
- $
- $
- $
- $
- $
- $
- $
- $
- $
- $
- $

-

$
$
$
$
$
$
$
$
$
$
$
$

Year 7
FY 2032
-

$
$
$
$
$
$
$
$
$
$
$
$

Year 8
FY 2033
-

$
$
$
$
$
$
$
$
$
$
$
$

-

$
$
$
$
$
$
$
$
$
$
$
$

-

$
$
$
$
$
$
$
$
$
$
$
$

-

¹ Preliminary and Unaudited.

Page 143 of 234

Page 144 of 234
Horry County
Capital Project Status as of January 16, 2026
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75

PROJECT
Complete
Michael Morris Graham Park
Land - Rural Civic Center
Land - Red Bluff Convenience Center
Prestwick Fire Station
Emergency Operations Cntr(New)
Waccamaw Snag & Drag
Sarvis Convenience Center
Santee Cooper Bldg
Longs Fire Station Rebuild
Beach Equip Building
Fuel Storage
Grants-Ascott Valley RIA FY20
Fire - AFG Exhaust FY21
Shell Fire Rebuild
Nixonville/Wampee Consolidation
Gov & Justice Atrium Roof
VA Nursing Facility Land Acquisition
South Strand Complex DHEC
ACA Large Animal Barn
Forestbrook Fire Renovation
Socastee Fire Renovation
Govt & Justice MPR B
Library Administration Bldg
PW Equipment Shed
7 Up Building
Under Construction
Machinery & Equipment E911
Tax Billing Software
ML Brown Security
Police Lab
2nd Avenue Annex
HMGP Generators
PS CAD & Records Software
Solicitor-Case Management Software
Fiber Relocation-Roadways
East Coast Greenway
Aynor Recreation Center
Green Sea Floyd Recreation Center
Loris Recreation Center
Central Coast Complex (old acount)
Central Coast Complex
South Strand Pickleball Courts
Landfill Expansion
Socastee Park Improvements
PS Training Center
Finklea Fire/EMS
Ralph Ellis Complex Entrance
Tech Building (Elm Street)
ML Brown Bldg Roof
PW Complex Renovations
Technology Building AC Replacement
In Design
PTR
JP Stevens Complex (Loris)
Animal Care Kennels
PS Training - Coroner Offices
Goretown Fire Station
Cherry Hill Fire Station
Maple Fire Station
NMB Conv Ctr Relocation
Hwy 22/Hwy 90 Conv Ctr (New)
Longs Convenience Center Expansion
P25 Infrastructure
PW Satellite Facility- Carolina Forest
Olin Blanton Renovation
Rec Office - Land Purchase
In Contracting
Sourcing In Progress
In Land Acquisition
Antioch Fire Station
Joyner Swamp Fire Station
Ketsuptown Fire Station
PW-Privetts Land Purchase
Holmestown Rd Conv Ctr Expansion

1/20/2026

Encumbrances

Remaining Balance

Change from Last
Report

Financing

1,675,512.00
2,931,553.85
38,024.64
860,053.48
23,979,481.27
765,340.00
139,013.50
975,712.19
2,004,248.46
208,818.64
517,462.53
3,116,871.10
812,259.27
559,249.16
884,247.22
926,042.50
77,429.23
66,200.40
561,339.04
134,950.13
4,559.96
99,927.20
641,009.66
336,218.75

1,600.00
5,730.85
2,500.00
1,570.90
2,022.80
14,907.27
15,012.52
16,303.57

34,769.02
142,550.83
5,404,246.52
64,351.66
6,025.82
35,214.84
130,468.04
135,605.40
9,181.60
125,608.00
3,758.86
512.62
84,312.44
3,652.54
(53,584.47)
128,809.04

(2.63)
(6,015.89)
-

Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete

1,477,046.49
1,100,000.00
28,784.59
956,525.01
4,388,077.24
316,687.93
1,144,849.66
372,084.06
695,314.11
10,570,721.77
11,009,942.01
11,617,231.46
2,656,297.48
5,577,236.55
762,802.18
150,000.00
5,666,529.09
31,928,325.69
4,722,705.36
267,647.12
1,203,787.92
1,050,000.00
3,153,513.24
377,697.41

660,216.14
413,368.87
159,366.33
4,711,604.51
301,831.37
621,038.53
547,508.80
54,403.83
191,008.63
1,900.00
2,656,297.48
2,672,143.24
134,083.04
388,380.17
1,808,523.55
238,050.34
271,877.06
14,484.63
5,099.14
320.74
266,114.51

4,170.06
660,618.96
305,809.19
7,280.27
39,418.60
219,880.54
255,578.44
3,175.00
1,912,511.49
50,193.66
2,080,375.26
4,494,854.45
3,852,557.71
6,995.20
550,000.00
2,687.20
99,106.00

812,660.29
26,012.17
28,784.59
797,158.68
(323,527.27)
14,856.56
218,001.94
364,803.79
108,386.71
10,296,437.40
10,563,354.94
11,612,156.46
992,581.82
578,525.48
150,000.00
3,197,773.66
25,624,947.69
632,097.31
(11,225.14)
1,189,303.29
494,900.86
3,150,505.30
12,476.90

(186,158.83)
(775.96)
(5,888.65)
13,199.06
(6,213.94)
(102.57)
(983.94)
12,476.89

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

EDC
Bond
Bond
General
Bond
Bond
Bond
WMF/IF
WMF/IF
WMF/IF
Communications
Bond
Bond
Recreation

300,000.00
6,978,471.62
1,276,637.00
4,538,037.49
2,576,036.00
73,000.00
73,000.00
2,916,778.05
1,280.85
895,000.00
3,173,524.02
1,000,000.00
4,065,745.14
536,519.88

1,750.00
36,443.16
31,170.00
27,750.00
42,725.00
59,600.00
914,352.40
891,957.50
1,931,896.31
38,474.35
-

575,195.00
42,750.00
25,875.00
9,000.00
1,129,171.07
891,957.50
972,034.54
371,969.00
130,825.00

300,000.00
6,976,721.62
1,240,193.84
3,931,672.49
2,505,536.00
4,400.00
4,400.00
873,254.58
1,280.85
(888,915.00)
269,593.17
1,000,000.00
3,655,301.79
405,694.88

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
873,254.58 In Progress
In Progress
891,957.50 In Progress
In Progress
In Progress
In Progress
(3,600.00) In Progress

Bond
Bond
Bond
General
WMF/IF

20,000.00
20,000.00
1,059,739.86
-

391,521.10
-

22,880.00
-

20,000.00
20,000.00
645,338.76
-

Assigned

Fund

Funding Source

Budget

Recreation
Property Mgr/Planning
Property Manager
Property Manager
Maintenance
Engineering
Property Manager
Maintenance
Maintenance
Maintenance
Administration
Engineering
Fire/EMS
Maintenance
Maintenance
Maintenance
Property Manager
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Recreation
Bond++
WMF/IF
Bond
Bond+
Grant
WMF/IF
Bond
Fire
General
General
Grant
Grant
Bond
Bond
Bond
Bond
General
General
Bond+
Bond
General
Grant
Bond
Bond

1,710,281.02
3,075,704.68
38,024.64
6,264,300.00
24,049,563.78
765,340.00
139,013.50
981,738.01
2,004,248.46
208,818.64
555,177.37
3,116,871.10
812,259.27
689,717.20
1,019,852.62
936,795.00
77,429.23
191,808.40
565,097.90
135,462.75
90,895.20
118,487.01
602,437.71
481,331.36

E911
Administration
Maintenance
Maintenance
Property Manager
Maintenance
IT/GIS
IT/GIS
Engineering
Engineering
Recreation
Recreation
Recreation
Maintenance
Maintenance
Recreation
Property Manager
Recreation
Maintenance
Property Manager
Maintenance
Maintenance
Maintenance
Maintenance
Maintenance

CIP
CIP
CIP
CIP
CIP
Grant
CIP
CIP
CIP
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP

E911
Bond
General
General
Bond
Grant
General
General
General
Grant
Bond
Recreation
Bond
Bond++
Bond++
IF
WMF
Grant
Fire/Gen
Bond
Bond
Bond
Bond
Bond
General

Maintenance
Maintenance
Maintenance
Public Safety
Maintenance
Maintenance
Maintenance
Property Manager
Property Manager
Property Manager
Communications
Property Mgr/Planning
Maintenance
Property Manager

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Property Manager
Property Manager
Property Manager
Property Manager
Property Manager

CIP
CIP
CIP
CIP
CIP

Spent

-

In Progress
In Progress
In Progress
In Progress
In Progress

Page 1 of 7

Page 144 of 234

Page 145 of 234
Horry County
Capital Project Status as of January 16, 2026
Line
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149

PROJECT
Forestbrook/Car Forest Conv Ctr (New)
Cates Bay Conv Ctr (Expansion)
Kings Road Convenience Center
Browntown Convenience Center
Brooksville Convenience Center
Jackson Bluff Convenience Center
Loris Convnience Center
Recycle Road Conveinence Center
Scipio Lane Convenenice Center
Conv Ctr Expansion
Economic Development Land
To Be Scheduled
I&R Software (EnerGov)
Historical Courthouse
ML Brown Impound Lot
Waste Management
Road Sign Inventory
Detention Center Master Plan
ML Brown Back-up Generator
Fleet Washdown Units
Lifecycle
Detention Lifecycle Maintenance
Lifecycle Maintenance - Recreation
Hwy 22 Boat Landing
Lifecycle Maintenance - General
Lifecycle Maintenance - Fire
Reg. & Election Building Loading Dock
Govt & Justice Parking Lot
Central Energy Plant
Waste Management Recycling
Public Works & Fleet Paving
Driveway Lifecycle Maint Fire
Other Projects/Equipment
Bond Issuance Costs
Financial System
IT Servers/Switches/Storage
IT Data Backup/Disaster Recovery
Network Analysis
IT - CJIS Security Program
IT Computer Replacements
IT - GIS Aerial Photography
Digitization
ASR - CAMA Software
ROD SW Replacement
Security Program
Probate Software
Wellness Center
Library Capital Projects
Capital projects-Aynor
Capital projects-Bookmobile
Capital projects-Bucksport
Capital projects-GS Floyds
Capital projects-Little River
Loris Library Land/Parking
Capital projects-Socastee
Lib Contingency
Library RFID
COAST RTA O&M Facility
Courthouse Security
Communications Software
Sheriff Forensic Software
Police Software
Police Software
License Plate Recognition Syst
Automotive equipment-Police
TeleStaff Software
Detention Cameras/Security
EMS Telestaff Software
EMS Stretchers & Lifepak
Machinery & Equipment
Apparatus Lift
Station Alerting System
Fire SCBA Replacement
Bond Issuance Costs - Fire

1/20/2026

Assigned
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager
Property Manager

Fund
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Funding Source
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
WMF/IF
Ec Dev

Budget
850,000.00
60,736.70
250,000.00
850,000.00
250,000.00
250,000.00
250,000.00
410,000.00
3,486,938.50

Spent

IT/GIS
Maintenance
Maintenance
I&R Division
I&R Division
Detention
Maintenance

CIP
CIP
CIP
CIP
CIP
CIP
Grant
CIP

General
Bond
Bond
Waste
Waste
General
Grant
General

2,500,000.00
250,000.00
2,200,000.00
125,000.00
109,078.00
87,873.73
200,000.00

109,078.00
-

Detention
Recreation/Maintenance
Recreation
Maintenance
MAINT./Fire
Maintenance
Maintenance
Maintenance
I&R Division
I&R Division
Future

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

General
Recreation
Recreation
General
Fire
General
General
General
Waste
General
Fire

588,385.73
1,727,710.96
24,635.04
3,481,696.57
1,101,120.36
167,166.73
275,391.16
1,256,898.01
1,000,000.00
560,000.00

Administration
Administration
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
IT/GIS
Maintenance
IT/GIS
HR/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library/Maintenance
Library
Administration
Sheriff
Communications
Sheriff
Police
Police
Police
Police
IT/GIS
Detention
IT/GIS
Fire/EMS
Fire/EMS
Fire/EMS
Fire/EMS
Fire/EMS
Administration

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP

Bond
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
Hospitality
General
General
General
General
General
General
General
General
General
Fire
Fire
Fire
Fire
Bond

504,063.00
208,519.92
2,165,515.44
318,190.52
92,000.00
309,478.28
936,912.86
651,207.75
42,693.81
1,974,990.00
608,756.25
490,598.14
135,000.00
59,399.01
293,879.27
25,000.00
5,000.00
25,000.00
25,000.00
80,000.00
80,000.00
23,515.00
140,571.00
19,312.49
3,295.79
6,634.79
174.92
4,187.50
426,022.47
221,368.00
815,846.96
1,029,300.00
320,315.00

54,100.00

Encumbrances
-

Remaining Balance
850,000.00
60,736.70
250,000.00
850,000.00
250,000.00
250,000.00
250,000.00
410,000.00
3,432,838.50

Change from Last
Report
-

Financing
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

-

2,500,000.00
250,000.00
2,200,000.00
125,000.00
87,873.73
200,000.00

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

383,359.25
983.64
359,481.75
59,720.39
-

640.80
495,053.11
541,361.75
22,000.00
-

204,385.68
1,232,657.85
23,651.40
2,580,853.07
1,041,399.97
145,166.73
275,391.16
1,256,898.01
1,000,000.00
560,000.00

(52,276.59)
(24,442.02)
5,960.00
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress

91,804.32
1,943,489.13
524,732.76
334,923.84
26,189.25
59,399.01
4,558.65
140,571.00
426,022.47
785,000.00
-

139,665.28
17,175.18
620,082.00
361,521.23
(603.75)
160,820.93
11,725.19
5,017.44
13,976.83
500.00
-

504,063.00
68,854.64
2,056,535.94
318,190.52
92,000.00
309,478.28
316,830.86
289,686.52
42,693.81
31,500.87
84,627.24
(5,146.63)
97,085.56
288,861.83
25,000.00
441.35
25,000.00
25,000.00
66,023.17
80,000.00
23,515.00
19,312.49
3,295.79
6,134.79
174.92
4,187.50
221,368.00
30,846.96
1,029,300.00
320,315.00

2,224.28
(1,938.58)
(4,367.04)
-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
Complete
Complete
Complete
In Progress
Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Page 2 of 7

Page 145 of 234

Page 146 of 234
Horry County
Capital Project Status as of January 16, 2026
Line
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
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192
193
194
195
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198
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200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223

PROJECT
Michael Morris Graham Assessible Playground
Loris Nature Park Assessible Playground
Pee Dee Park Assessible Playground
Reserves/Unplanned/Inactive Projects
Contingency
CIP General Inflation Reserve
CIP Fire Inflation Reserve
CIP Recreation Inflation Reserve
CIP Waste Management Contingency
Sanders Building
Exhibits (Funded) - Museum
Police Body Cameras
Quarantine Building - ACA
Little River (Dist 1)
Little River Projects-Vereen Memorial Gardens
Sports Park Lighting (Tourism)
Trails/Pathways-Little River
New Town Park
Ultraviolet Light Filtering - HV
Loris Recreation Parks
Vereen Memorial Gardens
10 Oaks Huger Pk
Carolina Forest Recreation
Socastee Recreation
Cochran - Recreation projects
Simpson Creek Park
Fleet Bldg Addition
Generator Replacements
Sunday Alcohol Sales
Grant Match Expenditures
Open Space
Tree Mitigation
Impact Fee Attainable Housing Subsidy
Subtotal
Hospitality Projects
Little River Waterfront
James Frazier Community Center
Socastee Recreation
HC Muti-Use Sports & Recreation Complex
Hwy 31 Augusta Plantation Interchange
Waccamaw Dr/Atlantic Avenue
Tadlock Intersection Improvements
33.3% Road Infrastructure
Hardwick Road
Garden City Parking
Hospitality Bond Closing
Subtotal
Fire Apparatus
Fire Apparatus
Fire Apparatus
Lease
Subtotal
Impact Fee Projects (FY2022-FY2024 Revenue)
Beach Access
Trails
Boat Landings
Lees Landing Circle
Peter Vaught Park & Landing
Parks
Michael Morris Graham Assessible Playground
Loris Nature Park Assessible Playground
Pee Dee Park Assessible Playground
Carolina Forest Recreation
Michael Morris Graham Park Land
Bond principal - GO 21B
Police Station
Animal Shelter
Fire Apparatus
Fire Stations
Longs Fire
Bond principal 2016 Fire
Bond principal $2.1 M Fire GO
Prin - Forestbrook Fire
Prin - Goretown Fire

1/20/2026

Encumbrances
-

Remaining Balance
-

Change from Last
Report
-

173,693.42
55,408.28
123,312.50
1,681.25
3,500.00
2,689,522.57
9,443.60
253,202.09
(13,616.61)
71,400,345.47

134,220.59
54,625.00
203,297.09
41,893.75
21,599,489.47

8,857,262.66
1,873,111.56
33,118.90
500,000.00
1,543,900.00
3,805.00
110,549.51
509,743.51
26,306.58
80,226.54
95,000.00
165,779.41
13,062.87
539,510.89
55,391.09
2,051,463.37
30,000.23
1,964.55
14,465.19
1,069,672.00
353,529.76
121,569.40
2,692,723.91
986,482.45
146,141,598.76

213,822.33
(134,220.59)
(1,000.00)
(7,000.00)
505.00
1,578,412.41

In Progress
In Progress
In Progress
In Progress
Complete
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

526,298.36
1,000,000.00
36,151,943.20
18,045,534.10
43,605,363.43
3,911,000.00
29,315,959.15
599,775.42
133,155,873.66

127,751.71
39,666.70
1,096,221.43
305,907.72
82,207.92
4,373.77
1,656,129.25

1,024,666.35
9,210,147.36
124,992.08
10,359,805.79

398,546.65
1,000,000.00
35,087,610.15
16,949,312.67
34,089,308.35
3,703,800.00
29,315,959.15
595,401.65
121,139,938.62

(232.80)
42,844.16
42,611.36

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete

10,892,425.37
(4,300,000.00)
6,592,425.37

2,384,223.83
-

8,483,134.25
(4,300,000.00)
4,183,134.25

-

In Progress
In Progress
In Progress

2,384,223.83

25,067.29
25,067.29

254,284.99
167,562.75
789,211.76
142,997.54
340,990.83
1,957,477.39
6,845.98
3,609,704.30
180,252.10
740,712.58
552,346.92
561,157.31
6,109,631.39
530,057.30
568,244.16
236,171.94
100,000.00
141,806.98
4,321.51

8,278.05
180,252.10
551,118.42
140,392.00
2,421,846.80
568,244.16
167,093.30
100,000.00
9,400.10
2,163.94

152,753.31
-

254,284.99
167,562.75
789,211.76
142,997.54
179,959.47
1,957,477.39
6,845.98
3,609,704.30
189,594.16
552,346.92
420,765.31
3,687,784.59
530,057.30
69,078.64
132,406.88
2,157.57

-

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
Complete
Complete

Assigned
Recreation
Recreation
Recreation

Fund
CIP
CIP
CIP

Funding Source
Recreation
Recreation
Recreation

Administration
Administration
Administration
Administration
Administration
Maintenance
Museum
Police
Future
Engineering
Engineering
Recreation
Recreation
Recreation
Maintenance
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Maintenance
Maintenance
Recreation
Planning
Planning
Planning
Planning

CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant
Grant
Grant
CIP

Interest
General
General
General
General
General
Foundation
General
Donations
General
General
SLS
SLS
Rec/Gen
General
SLS
SLS
SLS
SLS
SLS
SLS
Recreation
Fleet
General
SLS
Grant
Grant
Grant
General

8,857,262.66
1,873,111.56
33,118.90
500,000.00
1,543,900.00
3,805.00
110,549.51
509,743.51
200,000.00
80,226.54
95,000.00
300,000.00
123,096.15
866,120.48
98,966.09
2,054,963.37
30,000.23
1,964.55
14,465.19
1,069,672.00
3,043,052.33
131,013.00
2,945,926.00
972,865.84
239,141,433.70

Maintenance
Maintenance
Maintenance
Maintenance
RIDE III
Engineering
Engineering
Engineering
Engineering
Engineering
Administration

Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality
Hospitality

Hospitality
Hospitality
Hospitality
Hospitality
Bond
Bond
Bond
Hospitality
Hospitality
Hospitality
Bond

Fire/EMS
Fire/EMS
Administration

FIRE APP
FIRE APP
FIRE APP

Fire
Lease
Lease

Engineering
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Recreation
Property Manager
Administration
Funding for Existing Project
Future CIP
Fire/EMS
Funding for Existing Project
Funding for Existing Project
Finance
Finance
Finance
Finance

IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT

Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee

Budget

Spent
-

-

Financing
In Progress
In Progress
In Progress

Page 3 of 7

Page 146 of 234

Page 147 of 234
Horry County
Capital Project Status as of January 16, 2026
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226
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228
229
230
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233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295

PROJECT
Prin - Socastee Fire
Bond principal - Fire GO 21C
Prin - Nixonville-Wampee Fire
Prin - Shell Fire
Bond principal - Fire GO 22B
Fire Training Facility
Emergency Operations Cntr(New)
Bond principal $18.8M GO
Public Safety Software
Waste Management Land
Waste Management Facilities
Hwy 90/Hwy 22 Center
Dog Bluff Park
Stalvey Creek Park
Socastee Recreation Park
Rosewood Boat Landing
Trails - TBD
Wampee Convenience Center (NMB Relocation)
Subtotal
ARPA Projects
COVID-19 Extra Pay
Cyber Security
Cyber Security
Waste Management
Online Payments
Facilities Information Technology Enhancements
PPE & Other Direct Costs
PPE & Other Direct Costs
County Facilities Upgrades
Remote Working Capability
Remote Working Capability
Administration
ROD Digitization
ROD Digitization
Beach Bathrooms
Beach Parking
Road Improvements
Hwy 90
Road Improvements
Touchless payment system (Coast RTA)
Coast RTA Operational Funding
Coast RTA Operational Funding
Assessible Playgrounds
Land for Economic Development
DHEC South Strand
RJ Corman
HC Multi-Use Sports & Recreation Complex
VA Nursing Center Land
Contingency
Homelessness/Mental Health/Addiction
Bike/Pedestrian Paths
Public Safety Salaries
Horry-Georgetown Technical College
Horry-Georgetown Technical College
Grand Strand Water & Sewer Authority
City of Myrtle Beach
City of North Myrtle Beach
Bucksport Water System, Inc
Little River Water & Sewerage Company, Inc
SOS Health Care, Inc.
Habitat for Humanity of Horry County
Habitat for Humanity of Horry County
Waccamaw EOC
Waccamaw EOC
Atlantic Beach
Horry Telephone Cooperative
City of Loris
Town of Surfside Beach
Murrells Inlet Garden City Fire
Services to Disproportionately Impacted Communities & Infrastructure (Proposal Based)
Domestic Violence Shelter
Horry County Counci on Aging

1/20/2026

Assigned
Finance
Finance
Finance
Finance
Finance
Funding for Existing Project
Funding for Existing Project
Administration
Funding for Existing Project
Property Manager
Engineering
Engineering
Recreation
Recreation
Recreation
Recreation
Recreation
Property Manager

Fund
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
IMPACT
CIP

Funding Source
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
Impact Fee
WMF/IF

Budget
88,188.84
278,266.50
277,229.31
119,493.17
50,000.00
28,474.28
72,269.33
462,282.16
149,457.14
172,755.89
1,259,177.22
2,496,985.05
347,489.29
2,123,378.98
3,873,225.40
157,949.68
7,503.47
2,698,959.53
22,448,356.62

Spent
2,753.29
278,266.50
174,052.86
29,536.13
50,000.00
278,311.51
97,743.54
115,889.52
65,632.37
35,464.80
67,641.59
5,276,439.39

Encumbrances
269,276.20
3,805,583.81
2,698,959.53
422,029.51

Remaining Balance
85,435.55
103,176.45
89,957.04
28,474.28
72,269.33
183,970.65
51,713.60
56,866.37
1,193,544.85
2,192,244.05
347,489.29
2,123,378.98
157,949.68
7,503.47
16,749,887.72

Change from Last
Report
-

Finance
IT/GIS
IT/GIS
Administration
Administration
IT/GIS
CDBG/Grants
CDBG/Grants
Maintenance
IT/GIS
IT/GIS
Administration
IT/GIS

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

ARPA
ARPA
General
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Engineering
Engineering
Engineering
Engineering
Engineering
Administration
Administration
Administration
Recreation
Administration
Maintenance
CDBG/Grants
Administration
Administration
Administration
CDBG/Grants
CDBG/Grants
IT/GIS
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants
CDBG/Grants

ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

ARPA
ARPA
ARPA
ARPA
General
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

4,894,644.13
1,353,876.50
1,400,000.00
700,000.00
100,015.11
99,936.69
278,656.57
22,072.02
448,610.98
133,764.87
8,115,934.71
149,785.63
1,229,539.42
5,750.00
1,000,000.00
24,699,237.35
285,910.98
475,000.00
375,000.00
1,000,000.00
100,000.00
450,000.00
1,600,000.00
800,000.00
1,000,000.00
46,912,150.51
423,860.43
736,643.68
4,000,000.00
1,500,000.00
511,376.40
1,934,590.00
435,000.00
1,500,000.00
536,700.53
17,921.58
500,000.00
500,000.00
500,000.00
317,657.20
143,092.31

4,894,644.13
1,353,876.50
700,000.00
100,015.11
99,936.69
278,656.57
22,072.02
448,610.98
133,764.87
646,980.82
76,521.20
1,229,539.42
5,750.00
321,392.57
285,910.98
475,000.00
311,909.16
1,000,000.00
100,000.00
450,000.00
1,600,000.00
800,000.00
46,912,150.51
423,860.43
736,643.68
4,000,000.00
1,500,000.00
511,376.40
1,934,590.00
435,000.00
1,029,524.47
536,700.53
17,921.58
180,000.00
500,000.00
317,657.20
143,092.31

19,418.75
73,264.43
2,942.14
63,090.84
470,475.53
320,000.00
500,000.00
-

1,400,000.00
7,449,535.14
675,665.29
24,699,237.35
1,000,000.00
-

(18,510.68)
-

Financing
Complete
In Progress
Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete

Page 4 of 7

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Horry County
Capital Project Status as of January 16, 2026
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301
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309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369

PROJECT
Community Land Trust
Garden City Parking
Coroner Office & Coolers
Police Bomb Response Vehicle
County Property Purchase
County Property Purchase
Little River Waterfront
Atlantic Beach
Coast RTA
Domestic Violence Shelter
Waccamaw EOC
HC Council on Aging
Horry-Georgetown Technical College
Horry-Georgetown Technical College
Little River Water & Sewerage Company, Inc
City of North Myrtle Beach
Racepath Communities Phase 2
Racepath Communities
Econ. Dev. - Business Park Development
Compass Community (Non-ARPA)
New Directions (Non-ARPA)
United Way (Non-ARPA)
UnitedWay Breaking Barriers (Non-ARPA)
Subtotal
Capital Project Sales Tax - RIDE II
#1 - Pave 20 Miles
#2 - Resurface First 12 Mile
#3 - Interchange at BackGate
#4 - Widen SC 707
#5 - Pave 25 Miles
#6 - Resurface 2nd 12 Miles
#7 - Aynor Overpass
#8 - Resurface 3rd 12 Miles
#9 - Widen Glenns Bay
#10 - Resurface 4th 12 Miles
#11 - Pave 2nd 25 Miles
#12 - Resurface 5th 12 Miles
#13 - International Drive
#14 - Resurface 7 Miles
#15 - Pave 30 Miles
#16 - Overhead
Riverstone Property
Augusta Plantation Intersection
Subtotal
Capital Project Sales Tax - RIDE III
State Roadways
#1 HWY 501 WIDENING
POSTAL WAY
MIDDLE RIDGE AVENUE
#5 SC HWY 9 EAST WIDENING
#7 US HWY 701 N WIDENING
#8 FRED NASH BLVD
#9 HWY17 BUS.INTERSECTION
#10 FORESTBROOK RD WIDENING
#13 HWY 501 REALIGNMENT
#14 US HWY 701 WIDENING
#15 CONWAY PERIMETER RD
#18 SOUTHERN EVACUATION
#19 HWY 31 CAROLINA BAY PKWY
#2 PAVE 25 MILE DIRT RDS
#3 CFB WIDENING
#4 PALMETTO POINTE BLVD EXT
#6 RESURFACE 33.13 MILES
#11 PAVE 25 MILES OF DIRT RD
#12 RESURF 33 MILES DIRT RDS
#16 PAVE 25 MILES OF DIRT RD
#17 RESURFACE 33.87 MILES
#20 PAVE 25 MILES DIRT RDS
#21 Contingency
Subtotal
Transportation Tax - RIDE IV
East Cox Ferry Road Widening
SC Hwy 90 Widening from East Cox Ferry Road to Little River
Robert Edge Parkway / Sandridge Road Connector

1/20/2026

Assigned
CDBG/Grants
Engineering
Maintenance
Police
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration
Administration

Fund
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Funding Source
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA
ARPA

Budget
250,000.00
350,000.00
433,756.96
407,224.30
1,500.00
998,500.00
3,500,000.00
470,918.42
54,089.02
750,000.00
23,299.47
156,907.69
687,569.36
18,100.53
262,500.00
1,500,000.00
388,836.91
750,000.00
1,000,000.00
250,000.00
750,000.00
136,350.00
144,434.40
123,189,930.26

Spent
59,142.05
350,000.00
433,756.96
407,224.30
1,500.00
690,866.51
274,982.80
40,847.40
750,000.00
23,299.47
22,511.47
478,402.16
17,922.14
288,067.62
64,387.50
105,892.29
78,351,621.01

Encumbrances
195,935.62
13,241.62
134,396.22
176,674.26
178.39
262,500.00
1,500,000.00
338,836.91
461,932.38
71,962.50
38,542.11
4,532,887.09

Remaining Balance
190,857.95
307,633.49
3,500,000.00
32,492.94
50,000.00
1,000,000.00
250,000.00
750,000.00
40,305,422.16

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
Property Mgr/Engineering
Property Mgr/Engineering

RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II
RIDE II

CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST

11,365,330.11
839,422.29
107,292,129.48
91,885,389.36
10,536,367.43
1,095,578.00
16,192,579.42
1,473,826.44
70,803,050.26
1,211,331.83
14,186,614.98
1,667,767.92
26,718,240.64
1,022,119.93
21,250,664.68
73,326,366.94
17,677,000.00
1,500,000.00
470,043,779.71

11,365,330.11
839,422.29
107,292,129.48
90,967,098.41
10,536,367.43
1,095,578.00
16,192,579.42
1,473,826.44
70,803,050.26
1,211,331.83
14,186,614.98
1,667,767.92
26,718,240.64
1,022,119.93
21,250,664.68
2,539,314.74
13,217,705.00
1,143,441.78
393,522,583.34

831,824.56
(26,078.74)
805,745.82

86,466.39
70,787,052.20
4,485,373.74
356,558.22
75,715,450.55

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III

RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III
RIDE III

CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST
CPST

61,000,000.00
9,700,000.00
19,955,328.24
21,687,900.00
95,075,170.18
44,392,990.00
89,357,800.00
89,134,503.75
31,878,300.00
19,992,200.00
18,434,129.82
25,000,000.00
125,000,000.00
20,657,670.21
36,490,952.64
3,825,103.86
5,024,552.71
35,273,289.38
4,355,019.28
28,032,423.62
5,595,494.84
15,827,576.41
14,503,782.97
820,194,187.91

23,837,234.92
7,116,671.29
17,959,371.64
16,395,146.73
16,216,963.65
37,066,105.36
18,465,815.74
24,702,251.31
14,239,089.49
17,348,175.29
8,616,692.13
4,390,504.06
5,326,026.28
20,657,667.21
36,490,952.64
3,825,103.86
5,007,027.25
29,189,247.91
4,355,019.28
8,845,232.27
5,595,494.84
1,059,243.21
4,651,908.89
331,356,945.25

32,127,597.45
573.34
4,396,438.34
68,923,114.61
4,645,690.63
69,068,894.73
5,746,426.64
12,866,150.00
1,775,622.81
1,039,506.05
7,205,317.15
13,597,772.80
1,865,144.53
13,507,877.29
9,491,272.88
246,257,399.25

5,035,167.63
2,582,755.37
1,995,956.60
896,314.93
9,935,091.92
2,681,194.01
1,823,089.53
58,685,825.80
4,773,060.51
868,401.90
8,777,931.64
13,404,178.79
106,076,200.92
3.00
17,525.46
4,218,896.94
5,679,314.06
5,277,060.32
9,851,874.08
242,579,843.41

RIDE IV
RIDE IV
RIDE IV

RIDE IV
RIDE IV
RIDE IV

TST
TST
TST

97,000,000.00
745,000,000.00
22,000,000.00

-

-

97,000,000.00
745,000,000.00
22,000,000.00

Change from Last
Report
(18,510.68)
(689,288.54)
(686,699.38)
(38.57)
(448,478.06)
(338,966.66)
633,291.21
(620,335.56)
(38.57)
(1,072.57)
(38.57)
2,115,577.94
(30,760.08)
(2,900,000.00)
(2,966,847.41)

Financing
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
Complete
Complete
Complete
Complete
In Progress
In Progress
In Progress
Complete
Complete

Complete
Complete
Complete
In Progress
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
Complete
In Progress
In Progress
In Progress

In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress

-

Page 5 of 7

Page 148 of 234

Page 149 of 234
Horry County
Capital Project Status as of January 16, 2026
Line
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444

PROJECT
Possum Trot Road Extension
Barefoot Landing Swing Bridge Replacement over Intracoastal Waterway
US Hwy 17 Widening in Windy Hill
River Oaks Drive Widening
US Hwy 17 Bypass / Robert Grissom Parkway Interchange Improvements
38th Avenue North Widening
Seaboard Street Widening
Kings Highway Improvements
Big Block Road Widening
Horry County Hospitality Projects - Financial Backstop
Hwy 31 Interchange (FB)
Garden City Resiliency (FB)
SC Hwy 22 Extension from US Hwy 501 (near Aynor) to Surfside / Murrells Inlet Area
New Conway River Crossing - New Highway Across Waccamaw River
US Hwy 501 Bypass - New Off-Ramp to 3rd Avenue and Marina Drive in Conway
Cultra Road Widening
Hardwick Road Improvements
US Hwy 501 at SC Hwy 319 Acceleration Lane
Interstate Connector from SC Hwy 22 to Marion County Line
US Hwy 701 Widening from SC Hwy 22 to SC Hwy 410
US Hwy 701 Widening from SC Hwy 9 Bypass to NC State Line
Pave 200 Miles of Dirt Roads
Resurface 400 Miles of Existing Roadway (County Share)
Local Intersection Safety and Capacity Improvements
Local Transportation Enhancement Improvements
Mass Transit
Bus Maintenance Complex
RIDE III Completion of Underfunded Projects
Carolina Bays Ext. (RIDE III)
Hwy 22 Ext. – EIS/Permitting (RIDE III)
Operations / Overhead
Subtotal
Stormwater
Folly Road Outfall
Simpson Creek Lower Reach
University Forest Improvement
River Oaks Drainage Improvement
CDBG MIT- Big Bull & Cowford - FY21
SCDHEC Socastee Creek
CDBG MIT- McCormick Rd Culvert FY22
CDBG MIT-Buck Creek & Simpson Creek
Grants-Grier Crossing RIA fy20
SCIIP Hwy 9 Drainage
SCIIP 57th Place Culve
SCIIP Kayla Cir PH I
SCIIP Kayla Circ PH II
SCIIP Cimmeron Plantat
SCIIP Azalea Lakes
Bucksport Drainage
Crabtree Benching
Kayla Circle Pipe Upgrade
Slipline Exist. Pipe
Azalea Lakes
Cimmeron Plantation Pond
Hwy 9 Culvert
ACOE Waccamaw Study
Subtotal
Light Vehicles and Heavy Equipment
EMS Equip non-capital
Human Resources
Assessor
Treasurer
Business License
Auditor
Library
Museum
Auto Purchases-Solicitor
Auto Purchases-Solicitor DEU
Georgetown Solicitor
Communication
Auto Purchases-Sheriff
Auto Purchases-Police
Emergency Prep
Auto Purchases-Coroner
Auto Purchases-Detention

1/20/2026

Assigned
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

Fund
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV
RIDE IV

Funding Source
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST
TST

Stormwater
Stormwater
Stormwater
Stormwater
Engineering
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Human Resources

CIP
CIP
CIP
CIP
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
CIP
CIP
CIP
CIP
CIP
CIP
CIP
Grant

Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet

FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET

2,772,728.34
900,000.00
3,672,728.34

Encumbrances
6,308,255.00
4,227,271.66
24,100,000.00
34,635,526.66

Remaining Balance
23,000,000.00
132,000,000.00
24,000,000.00
135,691,745.00
53,000,000.00
22,000,000.00
33,000,000.00
105,000,000.00
44,000,000.00
50,000,000.00
1,560,000,000.00
860,000,000.00
53,000,000.00
102,000,000.00
24,000,000.00
18,000,000.00
450,000,000.00
80,000,000.00
163,000,000.00
250,000,000.00
185,000,000.00
300,000,000.00
300,000,000.00
292,000,000.00
100,000,000.00
50,000,000.00
6,272,691,745.00

Change from Last
Report
(6,308,255.00)
(7,000,000.00)
(25,000,000.00)
(38,308,255.00)

99,087.91
3,563.00
300,000.00
4,040,910.00
1,018,628.64
846,450.00
774,130.00
443,074.44
4,914,694.77
361,872.00
640,609.32
89,070.00
665,520.00
99,331.03
148,150.00
350,000.01
230,000.00
1,442,892.04
1,115,900.80
17,583,883.96

99,087.91
3,563.00
28,620.00
739,092.04
17,841.00
332,459.96
774,130.00
443,074.44
640,609.32
89,070.00
665,520.00
99,331.03
121,775.00
15,275.52
179,226.00
40,371.66
1,065,900.80
5,354,947.68

191,846.64
144,040.04
2,983,317.40
361,872.00
19,530.00
26,375.00
15,582.70
2,630.80
3,745,194.58

271,380.00
3,109,971.32
1,000,787.64
369,950.00
1,931,377.37
(19,530.00)
334,724.49
50,774.00
1,386,937.68
47,369.20
8,483,741.70

3,372.05
(215,900.80)
(212,528.75)

Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
Complete
In Progress
In Progress
Complete
Complete
In Progress
In Progress

15,000.00
42,280.00
318.25
298.24
182,845.00
80,500.00
15,000.00
1,371.76
853,099.49
5,286,837.86
61,900.43
201,265.02
529,026.77

2,819.75
68,262.78
369,520.00
1,438,141.00
160,665.00
85,391.08

1,976.94
35,770.00
81,133.00
1,302,459.31
37,960.00
145,946.10

10,203.31
6,510.00
318.25
298.24
182,845.00
12,237.22
15,000.00
1,371.76
402,446.49
2,546,237.55
23,940.43
40,600.02
297,689.59

(36,910.17)
-

Complete
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
In Progress
Complete
In Progress
In Progress
In Progress
In Progress
In Progress

Budget
23,000,000.00
132,000,000.00
24,000,000.00
142,000,000.00
53,000,000.00
22,000,000.00
33,000,000.00
105,000,000.00
44,000,000.00
50,000,000.00
1,560,000,000.00
860,000,000.00
53,000,000.00
102,000,000.00
24,000,000.00
18,000,000.00
450,000,000.00
80,000,000.00
163,000,000.00
250,000,000.00
185,000,000.00
300,000,000.00
300,000,000.00
299,000,000.00
25,000,000.00
100,000,000.00
50,000,000.00
6,311,000,000.00

Stormwater
Stormwater
Stormwater
Stormwater
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Grant
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
Stormwater
General

General
General
General
General
General
General
General
General
Solicitor
Solicitor
Solicitor
Communications
General
General
General
General
General

Spent

Financing

Page 6 of 7

Page 149 of 234

Page 150 of 234
Horry County
Capital Project Status as of January 16, 2026
Line
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468

PROJECT
Auto Purchases-EMS
Auto Purchases-Animal Care
Auto Purchases-Fire
Auto Purchase Beach Services
Auto Purchases-Engineering
Auto Purchases-Public Works
Auto Purchases-Code Enforcement
Auto Purchases-Recreation
Auto Purchases-Stormwater
Auto Purchases - Maintenance
Auto Purchases-Beach Clean up
PWM-Machinery & equipment
Machinery & equipment
SW-Machinery & equipment
PWC-Machinery & equipment
Machinery & equipment
Machinery & equipment
Ruggedized Laptops
Ruggedized Laptops
Ruggedized Laptops
Portable Radios

1/20/2026

Assigned
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Fleet
Public Works
Recreation
Stormwater
Public Works
Maintenance
Beach Cleanup
Sheriff
Police
EMS
Communications

Fund
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET
FLEET

Funding Source
General
General
Fire
Tourism
General
General
General
Recreation
Stormwater
General
Tourism
General
Recreation
Stormwater
Road
General
Tourism
General
General
General
Communications

Subtotal

Budget
2,766,666.74
20,492.51
682,492.15
569,621.77
244,221.55
520,440.81
114,534.77
43,298.99
140,915.91
306,130.00
50,657.91
4,375,183.43
274,376.63
2,337,761.14
900,000.00
40,494.91
78,000.00
74,736.00
298,944.00
56,398.39
1,329,674.00
20,735,032.04

Spent
457,728.00
3,677.46
2,794.42
44,534.00
59,500.00
76,250.00
42,280.00
835,640.59
44,886.03
806,185.33
268,920.00
33,477.85
34,211.00
88,857.96
235,446.40
56,398.39
1,292,819.07
4,834,884.29

Encumbrances
1,746,499.13
484,894.00
74,344.00
92,109.00
76,000.00
189,018.00
1,625,083.69
127,376.63
152,355.02
455,407.88
23,371.73
36,394.76
16,199.99
6,688,099.19

$ 8,164,084,903.23

$ 897,810,847.85

$ 329,071,244.65

Change from Last
Financing
Remaining Balance
Report
(12,200.00) In Progress
562,439.61
20,492.51
In Progress
678,814.69
In Progress
(2,794.42) In Progress
81,933.35
125,343.55
In Progress
368,831.81
In Progress
38,284.77
In Progress
43,298.99
In Progress
64,915.91
In Progress
74,832.00
In Progress
50,657.91
In Progress
12,160.00 In Progress
1,914,459.15
102,113.97
In Progress
(152,355.00)
1,379,220.79
In Progress
175,672.12
In Progress
(23,371.73) In Progress
(16,354.67)
2,736.88 In Progress
7,394.24
(14,121.96)
In Progress
63,497.60
In Progress
In Progress
20,654.94
(781.59) In Progress
9,212,048.56
(212,734.44)
$ 6,937,202,810.73 $
(40,097,852.51)

Page 7 of 7

Page 150 of 234

Page 151 of 234

variance from
fiscal year 2025

Hospitality 1% (Unincorporated Area Only)
Fees on Accommodations, Prepared Foods, Beverages, and Admissions (Unincorporated Area only) Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
1,143,039
827,716
736,540
453,098
421,354
418,325
331,905
372,770
536,419
705,706
663,000
1,016,330
7,626,202
3,581,747

FY 2018
1,144,358
887,910
692,321
549,633
423,598
403,956
323,491
396,045
587,687
684,139
691,692
1,084,467
7,869,298
3,697,821

FY 2019
1,169,091
907,240
590,716
556,725
439,833
419,685
377,761
396,198
599,423
705,072
736,815
1,078,415
7,976,975
3,663,605

FY 2020
1,164,806
954,582
646,902
584,801
459,755
427,941
403,411
372,489
316,627
230,482
554,796
848,118
6,964,709
3,810,846

FY 2021
897,837
703,761
715,969
600,371
409,546
406,874
402,245
420,350
643,554
841,457
966,768
1,386,364
8,395,097
3,327,485

FY 2022
1,585,900
1,174,243
927,381
755,898
562,182
565,549
430,121
503,056
786,514
945,253
1,005,165
1,415,975
10,657,236
5,005,605

FY 2023
1,669,165
1,190,918
981,433
787,460
596,729
596,373
537,132
579,428
810,205
998,779
1,018,569
1,460,729
11,226,918
5,225,703

FY 2024
1,728,789
1,245,549
1,014,967
827,756
630,756
622,473
575,060
607,436
896,953
960,183
1,049,446
1,601,926
11,761,295
5,447,817

FY 2025
1,668,828
1,218,316
1,012,115
943,753
700,045
667,155
596,472
680,854
936,502
1,134,769
1,188,908
1,639,292
12,387,009
5,543,057

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
1,680,423
1,327,993
998,825
929,369
702,070

dollars
11,595
109,677
(13,289)
(14,384)
2,026

%
0.69%
9.00%
-1.31%
-1.52%
0.29%

5,638,682
5,638,682

95,625

1.73%

196,702,394

June
14,000,000

May

12,000,000

Apr
Mar

10,000,000

Feb

8,000,000

Jan
Dec

6,000,000

Nov

4,000,000

Oct
Sept

2,000,000

August
July

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 151 of 234

Page 152 of 234

variance from
fiscal year 2025

11/2% HOSPITALITY FEE REVENUE
Fees on Accommodations, Prepared Foods, Beverages, and Admissions (County-wide) Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
6,734,421
4,901,422
3,581,945
2,036,763
1,856,303
1,794,675
1,409,296
1,700,528
2,753,758
3,759,545
3,452,510
5,604,418
39,585,583
19,110,854

FY 2018
6,646,734
5,056,005
3,344,953
2,584,898
1,853,201
1,806,041
1,365,688
1,718,297
3,033,462
3,453,688
3,444,353
5,864,846
40,172,166
19,485,791

FY 2019
6,717,900
5,134,796
2,757,435
2,542,853
1,895,456
1,817,333
1,567,085
1,818,158
2,986,669
3,737,033
3,849,892
6,030,521
40,855,130
19,048,439

FY 2020
2,131,886
1,554,731
1,000,028
875,616
690,123
674,733
596,012
561,440
506,886
335,473
833,620
1,274,020
11,034,570
6,252,384

FY 2021
1,348,366
1,056,597
1,076,697
901,941
617,650
611,986
605,271
639,263
965,435
1,262,099
1,454,387
2,112,903
12,652,596
5,001,252

FY 2022
8,171,104
6,864,953
4,771,631
3,662,956
2,649,847
2,510,919
1,858,706
2,484,121
3,879,553
5,078,100
5,266,095
7,734,426
54,932,412
26,120,492

FY 2023
9,545,353
6,886,746
4,841,770
3,705,611
2,641,217
2,617,838
2,327,614
2,599,623
4,069,108
5,225,227
5,112,799
8,082,568
57,655,476
27,620,698

FY 2024
9,618,896
7,051,489
5,087,905
3,815,012
2,806,392
2,736,962
2,373,933
2,666,224
4,387,907
4,818,566
5,357,246
8,674,284
59,394,816
28,379,693

FY 2025
9,320,950
6,749,129
4,824,476
4,128,848
3,103,485
2,897,790
2,637,032
2,957,119
4,548,402
5,637,785
5,803,088
8,719,581
61,327,684
28,126,887

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
9,052,247
7,088,919
4,677,203
4,025,888
3,120,732

dollars
(268,703)
339,790
(147,273)
(102,960)
17,247

%
-2.88%
5.03%
-3.05%
-2.49%
0.56%

27,964,989
27,964,989
932,123,489

(161,899)

-0.58%

70,000,000
June
60,000,000

May
Apr

50,000,000

Mar
Feb

40,000,000

Jan
Dec

30,000,000

Nov
Oct

20,000,000

Sept
August

10,000,000

July
FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 152 of 234

Page 153 of 234

Local Accommodations Tax (½% in the unincorporated areas)

variance from
fiscal year 2025

Shown by month in which the sale took place

July
August
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
Total for the Year

YTD Totals

FY 2017
262,440
158,109
155,455
55,291
44,157
46,681
23,547
32,526
67,015
100,461
97,636
222,038
1,265,356
675,452

FY 2018
254,995
171,207
136,381
67,835
40,508
38,055
20,638
38,816
71,151
90,704
101,227
251,072
1,282,589
670,926

FY 2019
256,595
183,206
117,728
66,521
41,951
35,751
27,692
32,006
65,911
93,461
108,891
232,200
1,261,913
666,001

FY 2020
238,103
180,209
120,528
71,201
41,923
36,735
27,512
29,054
29,545
8,186
70,173
177,687
1,030,856
651,963

FY 2021
191,357
127,903
127,097
73,843
29,098
33,006
24,077
48,399
68,792
122,490
165,313
320,332
1,331,706
549,298

FY 2022
388,868
252,248
175,703
104,072
57,954
54,765
29,710
41,749
98,414
142,458
167,991
326,056
1,839,988
978,845

FY 2023
416,659
238,853
184,424
101,105
58,512
49,639
40,053
50,222
88,894
159,934
154,369
319,566
1,862,230
999,552

FY 2024
413,010
235,830
178,900
103,130
57,042
47,454
33,176
46,862
103,262
119,750
157,777
354,896
1,851,089
987,912

FY 2025
365,543
234,511
164,114
124,961
68,613
54,464
65,220
82,054
129,044
167,975
201,629
374,123
2,032,250
957,742

Inception to Date

Highest individual month since inception is highlighted in yellow

FY 2026
374,719
246,502
159,619
115,286
60,054

%
dollars
9,176
2.51%
11,991
5.11%
(4,495) -2.74%
(9,675) -7.74%
(8,559) -12.47%

956,181
956,181

(1,561)

-0.16%

28,442,760

June

2,500,000

May
Apr

2,000,000

Mar
Feb

1,500,000

Jan
Dec

1,000,000

Nov
Oct

500,000

Sept
August
July

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

FY 2026

Page 153 of 234

Page 154 of 234

variance from
fiscal year 2025

County Quarterly Receipts from the State for State ATAX Distributions
Jun, Jul, Aug
Sept, Oct, Nov
Dec, Jan, Feb
Mar, Apr, May
Total for the Year

YTD Totals

** FY 2017
1,923,006
578,502
238,720
1,378,338
4,118,566
1,923,006

** FY 2018
1,990,959
630,998
243,033
1,387,023
4,252,014
1,990,959

** FY 2019
2,087,325
601,931
276,949
1,449,600
4,415,805
2,087,325

Highest individual month since inception is highlighted in yellow

** FY 2020
2,038,194
652,763
280,061
834,085
3,805,103
2,038,194

** FY 2021
1,610,902
664,455
283,945
1,837,589
4,396,892
1,610,902

** FY 2022
2,880,640
965,240
476,052
2,447,193
6,769,125
2,880,640

** FY 2023
3,019,833
915,366
524,144
2,510,399
6,969,742
3,019,833

** FY 2024
2,942,637
1,042,903
525,733
2,423,432
6,934,705
2,942,637

** FY 2025
3,236,619
996,458
575,311
2,661,231
7,469,619
3,236,619

Inception to Date

FY 2026
3,056,734

dollars
(179,884)

%
-5.56%

3,056,734
3,056,734

(179,884)

-5.56%

97,615,109

** The State's deduction for Proviso 109.9 has been added back to the 1st Qtr receipt to more accurately report the State's receipts, with exception to FY23 and FY24, in which the
Proviso was added back to the 2nd Qtr because the STO withheld from the 2nd Qtr.

Qtr 1 and 2 only
% of total for yr

$ 2,501,507 $ 2,621,957 $ 2,689,256 $ 2,690,957 $ 2,275,357 $ 3,845,880 $ 3,935,199 $ 3,985,541 $ 4,233,077
60.74%
61.66%
60.90%
70.72%
51.75%
56.82%
56.46%
57.47%
56.67%

Qtr 1,2 and 3 only

$ 2,740,228 $ 2,864,990 $ 2,966,205 $ 2,971,018 $ 2,559,303 $ 4,321,932 $ 4,459,343 $ 4,511,274 $ 4,808,388
66.53%
67.38%
67.17%
78.08%
58.21%
63.85%
63.98%
65.05%
64.37%

% of total for yr

8,000,000
7,000,000
6,000,000
Mar, Apr, May

5,000,000

Dec, Jan, Feb

4,000,000

Sept, Oct, Nov

3,000,000

Jun, Jul, Aug

2,000,000
1,000,000
** FY 2017 ** FY 2018 ** FY 2019 ** FY 2020 ** FY 2021 ** FY 2022 ** FY 2023 ** FY 2024 ** FY 2025

FY 2026

Page 154 of 234

Page 155 of 234

HORRY COUNTY DEBT
Debt Issue

Total Interest Cost Original Amt

Balance as of
06/30/25

Balance as of
12/31/25

General Debt Service Millage
G.O. Bonds of 2015 (Series C) dated April 30 for $24.7
M with interest at 1.77% - Series 2008 RefundingDetention Center, Libraries & Recreation Center

1.7700%

$24,726,000

$2,569,000

$2,569,000

G.O. Bonds of 2016 (Series B) dated November 16 for
$6.985M with interest at 1.68% - Series 2009B
Refunding - Recreation & Library

1.6800%

$6,985,000

$1,440,000

$1,440,000

G.O. Bonds of 2020 (Series A) dated March 11 for
$18.8M with interest at 1.19% - Emergency Operations
Center

1.1900%

$18,800,000

$10,975,000

$10,975,000

G.O. Bonds of 2021 (Series B) dated October 21 for
$25.0M with interest at 1.24% - Central Coast Complex

1.2400%

$25,000,000

$17,290,000

$17,290,000

3.4400%

$35,650,000

$26,655,000

$26,655,000

2.4893%

$22,350,000

$15,640,000

$15,640,000

G.O. Bonds of 2022 (Series A) dated October 13 for
$35.65M with interest at 3.44% - various County
Building Improvements
G.O. Bonds of 2024 (Series A) dated February 15 for
$22.35M with interest at 2.48% - Aynor, Green Sea and
Loris Recreation Centers

TOTAL BONDS OUTSTANDING RELATING TO LEGAL DEBT MARGIN

$74,569,000

Special Purpose District (District Millage)
GO Bonds Series 2025 (Legends Drive)

4.6293%

$2,419,000

$2,419,000

TOTAL SPECIAL PURPOSE/TAX DISTRICT BONDS OUTSTANDING

$2,419,000
$2,419,000

Fire GO Bonds (Fire Millage)
G.O. Bonds of 2016 (Series A) dated November 15 for
$3M with interest at 2.19% - Fire Protection District

2.1900%

$3,000,000

$1,190,000

$1,190,000

G.O. Bonds of 2020 (Series B) dated March 11 for
$2.1M with interest at 1.22% - Fire Protection District

1.2200%

$2,100,000

$1,215,000

$1,215,000

G.O. Bonds of 2021 (Series C) dated October 21 for
$3.63M with interest at 1.48% - Fire Protection District

1.4800%

$3,630,000

$2,670,000

$2,670,000

G.O. Bonds of 2022 (Series B) dated October 13 for
$1.45M with interest at 3.84% - Fire Protection District

3.8400%

$1,450,000

$1,265,000

$1,265,000

TOTAL FIRE PROTECTION BONDS OUTSTANDING
TOTAL GENERAL OBLIGATION BONDS OUTSTANDING

Hospitality Bonds of 2022 (Series 2022) dated
September 22 for $60M with interest at 4.43% Roadway improvements

4.4300%

$60,000,000

TOTAL SPECIAL OBLIGATION DEBT OUTSTANDING
1.7400%
$5,500,000
1.1600%
$4,300,000
4.1600%
$5,500,000
TOTAL CAPITALIZED LEASES OUTSTANDING
Airport Revenue - Airport Improvements
$60,590,000
Fire Apparatus - 2016
Fire Apparatus - 2021
Fire Apparatus - 2023

$6,340,000
$83,328,000
$58,160,000

$550,000
$2,688,000
$4,920,000
$34,295,000

$57,170,000
$57,170,000
$550,000
$2,688,000
$4,680,000
$7,918,000
$33,240,000

Page 155 of 234

Page 156 of 234

Horry County, South Carolina
Summary of Major Liabilities
Balance as of 12/31/25
FY 2026
Projected

Weighted

Original

Balance -

Current

Reserve

Projected

Available

Projected Debt

Amount

July 1, 2025

Balance

Balance

Revenue

Funding

Service

133,511,000

74,569,000

74,569,000

11,113,822

16,557,982

27,671,804

Legends Drive

2,419,000

2,419,000

2,419,000

-

239,777

Fire Fund

16,820,000

6,340,000

6,340,000

-

Hospitality Fee 2022

60,000,000

58,160,000

57,170,000

Total Bonds & Notes

212,750,000

141,488,000

140,498,000

Total Capital Leases

23,050,000

8,158,000

7,918,000

54,819,149

54,819,149

Type

236,871,204
16,564,890
308,255,243

236,871,204
16,564,890
308,255,243

Series 2025/2026 Hospitaility
Total

Bonds & Notes
General Obligation Bonds

% Repaid

Remaining

Average

Interest

Coverage

in 10 Yrs

Term (Yrs)

Maturity

Rate

17,160,212

1.61

100.0%

10.00

4.91

2.3078%

239,777

239,777

1.00

64.6%

14.00

8.25

4.6293%

1,376,429

1,376,429

907,712

1.52

89.8%

13.00

5.48

2.0343%

4,087,915

3,762,144

7,850,059

3,759,644

2.09

21.6%

28.00

17.57

4.4300%

15,201,737

21,936,332

37,138,070

22,067,346

1.68

69.5%

28.00

10.02

3.2076%

1,715,431

1,715,431

1.00

100.0%

9.00

4.26

3.0084%

Amount

Upcoming Debt
Use

Other
OPEB
Pension Liability
Compensated Absences
Total Other
Legal Debt Margin
Assessed Value
Debt Limit (8%)
Internal Limit (75% of Statutory Debt Limit)
G.O. Bonds Outstanding
Available Capacity

60,000,000
60,000,000

Various projects

Approved By
To Be Determined

4,417,148,449
353,371,876
265,028,907
74,569,000
190,459,907

Page 156 of 234

HORRY COUNTY DEPARTMENT OF AIRPORTS
STATEMENT OF REVENUES AND EXPENSES (UNAUDITED)
FOR PERIOD ENDING OCTOBER 31, 2025

Page 157 of 234

Annual
Budget
OPERATING REVENUES:
Landing Fees
Airline Terminal Rents
Security Fees
Baggage Handling System Reimbursement
Terminal Concessions

FY26
Actual
YTD

% Actual YTD
To Budget

Budget

FY25
Actual
YTD

% Actual YTD
To Budget

6,078,654
12,190,777
885,284
1,303,108

2,497,959
4,171,772
263,985
365,299

41.1%
34.2%
29.8%
28.0%

5,538,953
11,576,213
682,924
1,283,500

2,231,319
3,881,209
213,496
345,006

40.3%
33.5%
31.3%
26.9%

7,233,692
8,500,000
3,375,000
834,000
284,050
1,337,002
141,000
906,000

3,503,333
3,115,679
1,453,871
353,669
94,880
548,292
39,817
468,273
3,686,544
542,988
6,633
45,818
21,158,813

48.4%
36.7%
43.1%
42.4%
33.4%
41.0%
28.2%
51.7%
0.0%
22.4%
41.4%
0.0%
33.5%
36.4%
34.7%

7,000,178
8,000,000
2,830,000
819,000
261,747
1,252,200
336,540
907,000

19,682
84,844
57,363,855

3,401,755
2,996,169
1,470,250
358,780
94,585
540,584
48,741
444,469
4,618,482
441,693
6,599
43,427
21,136,565

48.6%
37.5%
52.0%
43.8%
36.1%
43.2%
14.5%
49.0%
0.0%
29.7%
36.0%
0.0%
33.5%
51.2%
36.8%

28.9%
33.8%
28.6%
35.3%
32.2%
30.1%
32.5%
21.7%
31.5%
32.5%
39.1%
33.3%

18,782,844
2,301,760
3,280,463
3,841,416
434,524
1,283,500
693,274
11,233,784
53,400
638,203
288,000
450,000
43,281,168

6,130,484
799,879
938,267
1,016,190
155,690
382,614
244,968
3,122,092
19,930
163,852
80,073
150,000
13,204,039

32.6%
34.8%
28.6%
26.5%
35.8%
29.8%
35.3%
27.8%
37.3%
25.7%
27.8%
33.3%

46,492,253

6,047,373
918,940
904,133
1,485,399
147,405
392,221
317,215
2,453,191
17,381
200,069
105,308
158,334
13,146,967

14,484,169

8,011,846

14,082,687

7,932,526

Depreciation
Airline Credits/Fee Waivers/Recalculation

14,000,000
(2,550,000)

5,088,000
(1,135,648)

36.3%
44.5%

14,000,000
(2,550,000)

5,088,000
(1,062,531)

36.3%
41.7%

Net Income (Loss)

(2,065,831)

1,788,198

-86.6%

(2,467,313)

1,781,994

-72.2%

5,000,000

40.0%
0.0%

4,500,000

56.4%

0.0%

(60,000)

0.0%
0.0%

66,100,000
2,900,000

0.0%
0.0%
33.3%
33.3%
50.3%
39.6%
32.3%

302,256
(1,502,750)
3,220,000
7,821,502
83,281,008

2,537,884
65,812
5,000,000
3,750
100,752
(433,718)
1,649,128
2,756,906
11,680,514

80,813,695

13,462,509

Rental Car
Parking
Concessions
Ground Transportation
Terminal Rent - Other
Leases/MBIA
MBIA/Other
Airline Services
Federal Revenue-TSA LEO Reimbursement Program
FBO/General Aviation Fuel Services
FBO/Other
Loris/Misc Revenue
Leases/Conway
Leases/Grand Strand
Total Operating Revenues
OPERATING EXPENSES:
Salaries and Benefits
Utilities
Outside/Professional Services
Maintenance and Supplies
Equipment
Baggage Handling System
Insurance
Cost of Fuel Sales
Office Supplies
Business and Travel
Vehicle Expense
County Allocation
Bad Debt Expense
Total Operating Expenses
Operating Income before Depreciation and Airline Credits

16,450,317
1,311,789
19,796
125,953
60,976,422

20,928,646
2,722,650
3,159,545
4,204,330
458,050
1,303,108
974,761
11,325,828
55,250
616,085
269,000
475,000

Non-Operating Revenues (Expenses):
Interest Income
Interest Income - Bond
Interest Income - Lease
Sale of Assets
Other Non-Operating Income (Expenses)
Federal Forfeiture
Prior Period Income(Expenses)
AIP Federal Revenue
State Revenue
Cares Act Revenue
CRRSA Revenue
ARPA Revenue
Insurance proceeds
Intergovernmental Revenues - City of MB
Intergovernmental Revenue/Redevelopment Authority
Interest Subsidy on the Recovery Zone Economic Bonds
Interest Expense
CFC'S
PFC'S
Total Non-Operating Revenues (Expenses)

302,256
(1,273,260)
3,720,000
7,597,700
20,496,696

2,001,011
51,734
3,870
100,752
(424,420)
1,871,416
3,009,882
6,614,245

NET INCOME

18,430,865

8,402,443

(60,000)

5,190,000
20,000

28.3%

15,542,483
1,228,591

30.5%

0.0%

0.0%

33.3%
28.9%
51.2%
35.2%
14.0%

Z:\INCOME STATEMENTS\2026\October 25 Income

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Page 158 of 234

MYR Terminal Lobby Renovation
Week of December 8, 2025

Safety Highlight

Temporary passenger wayfinding for
B8 Restroom closure.

Work Progress Photos

Existing Floor Tile Demo

Shotblast Existing Slab

Terrazzo Flooring Prep

Ticket Counter Terrazzo
Grind & Grout

B8 Restrooms –
MEP/FP Make Safe

B8 Restrooms –
Temporary Walls

Ongoing Activities
•

Floor demo – Ticketing and Concessions

•

Terrazzo prep – TSA screening lines

•

Terrazzo – Grind/grout at ticketing

•

B8 Restrooms – MEP/FP make-safe

Upcoming Activities
•

B8 Restrooms – Architectural demolition

•

Floor demo – Secure side TSA screening

•

Terrazzo – complete door vestibule #1

•

Terrazzo – Ticketing #2 area

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NES
Mailing Address:
P.O. Box 100547
Florence, SC 29506

SC

NON-PROFIT
US POSTAGE

PAID

PERMIT NO. 17
FLORENCE, SC

Physical Address:
142 N. Dargan St.
Phone: 843-661-4669
Website: nesasc.org
85* l *4 **************ALL FOR AADC 290

Barry Spivey
PO Box 1236

Conway, SC 29528-1236

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1

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Page 162 of 234

JS

S3N

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Page 181 of 234

Caller Intake Questions
During the intake process, every caller is asked for their zip code and their specific need. In
addition, the following questions are presented to gather essential information:
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

How did you hear about 211?
Are you calling for yourself or someone else? (Self, Friend, Organization, etc.)
Are you caring for someone in the home over the age of 18? (Required for AARP
grant)
What is your age?
What gender do you identify with?
Do you identify as Hispanic or Latino?
How would you describe your race or ethnicity?
Have you served in the U.S. military?
Do you currently receive any public benefits such as SNAP or Medicaid?
Which of these programs do you receive? (SNAP, WIC, TANF, etc.)
Do you have any form of health insurance? (Note if Medicaid/Medicare is
mentioned)
How many people currently live in your household?
What is the highest level of education you've completed?
Are you currently employed?
What type of employment do you have? (Full-time, Part-time, etc.)
What is the total annual income for your household?
Would you mind if we send you a short survey in 30 days to see if you were able to
receive assistance? Your response may help us improve services and resources in
your area. This would be sent by text; message and data rates may apply. (Opt-in to
automated text follow-up service)

Considerations for Intake Questions
When reviewing and implementing these questions, several factors should be considered
to ensure effectiveness and compliance:
•
•
•

Purpose Alignment: Do the questions support your mission or reporting
requirements?
Actionability: Will the data obtained lead to service improvements or better
resource allocation?
Caller Experience: Are the questions easy to answer and non-intrusive for callers?

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•
•

Compliance: Are any questions required by funders or Inform USA standards?
Data Quality: Do the questions result in accurate, consistent, and useful data?

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Page 183 of 234

Monthly Indicators
November 2025

Quick Facts

U.S. sales of existing homes rose 1.2% from the previous month to a
seasonally adjusted annual rate of 4.10 million, according to the National
Association of REALTORS® (NAR), as buyers took advantage of lower
mortgage rates this fall. Sales increased in the Midwest and South, held
steady in the Northeast, and edged down in the West. Year-over-year, sales
were up 1.7%, with gains in the Northeast, Midwest, and South, while the
West posted a decline.
New Listings decreased 8.4 percent for Single-Family homes and 4.2
percent for Condo homes. Pending Sales increased 8.3 percent for SingleFamily homes and 1.7 percent for Condo homes. Inventory decreased 0.5
percent for Single-Family homes but increased 5.8 percent for Condo
homes.
Median Sales Price increased 3.5 percent to $366,555 for Single-Family
homes but decreased 1.2 percent to $247,000 for Condo homes. Days on
Market increased 0.9 percent for Single-Family homes and 13.2 percent for
Condo homes. Months Supply of Inventory decreased 2.5 percent for
Single-Family homes but increased 10.1 percent for Condo homes.
Nationally, inventory dipped 0.7% month-over-month but rose 10.9% yearover-year, totaling 1.52 million units, according to NAR. At the current sales
pace, supply stands at 4.4 months, slightly below last month’s level but
higher than the 4.1 months recorded a year ago. Supported by modest
inventory levels, prices continue to rise, with the national median existinghome price increasing 2.1% year-over-year to $415,200, marking 28
consecutive months of annual gains.

+ 2.8%

- 1.0%

+ 12.9%

Change in
Closed Sales
All Properties

Change in
Closed Sales
Single-Family Only

Change in
Closed Sales
Condo Only

A research tool provided by the Coastal Carolinas Association of REALTORS®.
Percent changes are calculated using rounded figures.

Single Family Market Overview
Condo Market Overview
New Listings
Pending Sales
Closed Sales
Days on Market Until Sale
Median Sales Price
Average Sales Price
Percent of List Price Received
Housing Affordability Index
Inventory of Homes for Sale
Months Supply of Inventory

2
3
4
5
6
7
8
9
10
11
12
13

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

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Page 184 of 234

Single Family Market Overview
Key market metrics for the current month and year-to-date figures. Single-family homes only.

Key Metrics

Historical Sparkbars

New Listings
11-2023

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

13,542

14,504

+ 7.1%

747

809

+ 8.3%

10,176

10,415

+ 2.3%

826

818

- 1.0%

9,947

10,199

+ 2.5%

117

118

+ 0.9%

120

123

+ 2.5%

$354,096

$366,555

+ 3.5%

$360,000

$365,000

+ 1.4%

$427,300

$431,593

+ 1.0%

$435,096

$440,006

+ 1.1%

97.3%

97.4%

+ 0.1%

97.4%

97.3%

- 0.1%

75

77

+ 2.7%

74

77

+ 4.1%

3,632

3,615

- 0.5%

––

––

––

4.0

3.9

- 2.5%

––

––

––

11-2025

Months Supply of Inventory
11-2023

- 8.4%

11-2025

Inventory of Homes for Sale
11-2023

986

11-2025

Housing Affordability Index
11-2023

1,077

11-2025

Percent of List Price Received
11-2023

% Change

11-2025

Average Sales Price
11-2023

YTD 2025

11-2025

Median Sales Price
11-2023

YTD 2024

11-2025

Days on Market Until Sale
11-2023

% Change

11-2025

Closed Sales
11-2023

11-2025

11-2025

Pending Sales
11-2023

11-2024

11-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 2

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Page 185 of 234

Condo Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Condo properties only.

Key Metrics

Historical Sparkbars

New Listings
11-2023

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

5-2024

11-2024

5-2025

8,442

8,342

- 1.2%

363

369

+ 1.7%

4,814

4,666

- 3.1%

319

360

+ 12.9%

4,696

4,508

- 4.0%

121

137

+ 13.2%

110

133

+ 20.9%

$249,900

$247,000

- 1.2%

$248,000

$239,000

- 3.6%

$278,804

$297,766

+ 6.8%

$286,067

$273,534

- 4.4%

96.6%

95.9%

- 0.7%

96.6%

96.1%

- 0.5%

107

114

+ 6.5%

108

117

+ 8.3%

2,932

3,103

+ 5.8%

––

––

––

6.9

7.6

+ 10.1%

––

––

––

11-2025

Months Supply of Inventory
11-2023

- 4.2%

11-2025

Inventory of Homes for Sale
11-2023

610

11-2025

Housing Affordability Index
11-2023

637

11-2025

Percent of List Price Received
11-2023

% Change

11-2025

Average Sales Price
11-2023

YTD 2025

11-2025

Median Sales Price
11-2023

YTD 2024

11-2025

Days on Market Until Sale
11-2023

% Change

11-2025

Closed Sales
11-2023

11-2025

11-2025

Pending Sales
11-2023

11-2024

11-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 3

Page 185 of 234

Page 186 of 234

New Listings
A count of the properties that have been newly listed on the market in a given month.

November

Year to Date

1,077

1,048

986

13,542

14,504

11,771

637

605

610
7,568

+ 3.6%

2023

8,342

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

773

- 3.6%

429

- 21.1%

Jan-2025

1,296

+ 4.6%

806

- 4.7%

Feb-2025

1,259

+ 7.5%

800

- 5.5%

Mar-2025

1,517

+ 15.2%

892

+ 2.8%

Apr-2025

1,519

+ 11.1%

846

+ 2.2%

May-2025

1,476

+ 11.5%

770

- 7.3%

Jun-2025

1,335

+ 15.5%

682

- 5.1%

Jul-2025

1,312

+ 4.5%

686

- 5.8%

Aug-2025

1,250

+ 2.6%

766

- 1.9%

Sep-2025

1,310

+ 14.5%

754

+ 13.4%

Oct-2025

1,244

- 2.4%

730

+ 5.5%

+ 7.1%

- 5.7%

+ 11.5%

- 1.2%

Nov-2025

986

- 8.4%

610

- 4.2%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg

1,273

+ 6.5%

731

- 2.4%

Single-Family

Condo

- 8.4%

+ 13.1%

+ 5.3%

- 4.2%

- 7.0%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

+ 2.8%

8,442

New Listings

+ 15.0%

Historical New Listings by Month
1,600
1,400
1,200
1,000
800
600
400
200
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 4

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Page 187 of 234

Pending Sales
A count of the properties on which offers have been accepted in a given month.

November

Year to Date

809
688

10,176

9,637

747

10,415

5,420
388

+ 16.6%

2023

363

369

4,666

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

639

+ 7.0%

264

- 3.3%

Jan-2025

805

- 8.5%

410

- 5.5%

Feb-2025

891

- 4.1%

441

- 15.8%

Mar-2025

1,068

- 4.7%

460

- 8.0%

Apr-2025

1,056

+ 7.1%

396

- 13.9%

May-2025

1,007

+ 1.9%

444

- 9.0%

Jun-2025

954

+ 1.5%

398

- 7.4%

Jul-2025

1,012

+ 4.7%

448

+ 1.8%

Aug-2025

951

+ 7.3%

413

- 1.4%

Sep-2025

903

+ 3.4%

451

+ 22.2%

Oct-2025

959

+ 11.6%

436

+ 12.7%

+ 2.3%

- 14.8%

- 11.2%

- 3.1%

Nov-2025

809

+ 8.3%

369

+ 1.7%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg

921

+ 2.6%

411

- 3.1%

Single-Family

Condo

+ 8.3%

+ 4.3%

- 6.4%

+ 1.7%

+ 1.0%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

+ 8.6%

4,814

Pending Sales

+ 5.6%

Historical Pending Sales by Month
1,400
1,200
1,000
800
600
400
200
0
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 5

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Page 188 of 234

Closed Sales
A count of the actual sales that closed in a given month.

November

829

Year to Date

826

818

319

2023

360

4,696

4,508

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

859

+ 28.2%

383

- 1.8%

Jan-2025

653

- 4.3%

333

+ 8.5%

Feb-2025

694

- 4.0%

371

- 11.2%

Mar-2025

933

+ 3.1%

399

- 18.6%

Apr-2025

938

- 7.1%

453

- 6.4%

May-2025

1,019

- 1.5%

426

- 15.5%

Jun-2025

1,056

+ 10.6%

452

+ 2.5%

Jul-2025

1,074

+ 10.3%

398

- 13.1%

Aug-2025

1,005

+ 2.2%

442

+ 0.7%

Sep-2025

1,040

+ 13.0%

420

+ 0.7%

Oct-2025

969

+ 3.7%

454

+ 8.4%

+ 2.5%

- 20.1%

- 12.4%

- 4.0%

Nov-2025

818

- 1.0%

360

+ 12.9%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg

922

+ 4.2%

408

- 3.8%

Single-Family

Condo

- 1.0%

- 4.7%

- 22.2%

+ 12.9%

- 7.9%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

- 0.4%

10,199

5,362

410

+ 14.8%

9,947

9,655

Closed Sales

+ 3.0%

Historical Closed Sales by Month
1,400
1,200
1,000
800
600
400
200
0
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 6

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Page 189 of 234

Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.

November

Year to Date
137

117

109

121

118

124

120

110
94

95

- 6.8%

2023

+ 7.3%

133

123

+ 0.9%

+ 10.5%

2024
2025
Single-Family

2023

+ 27.4% + 13.2%

2024
Condo

2025

+ 10.7%

2023

- 3.2%

+ 2.5%

+ 27.0%

2024
2025
Single-Family

2023

Days on Market

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

130

+ 5.7%

123

+ 26.8%

Jan-2025

132

+ 3.1%

139

+ 28.7%

Feb-2025

129

+ 4.0%

115

+ 19.8%

Mar-2025

126

+ 2.4%

137

+ 24.5%

Apr-2025

122

+ 1.7%

131

+ 27.2%

May-2025

120

+ 1.7%

115

+ 13.9%

Jun-2025

123

+ 9.8%

132

+ 29.4%

Jul-2025

123

+ 7.0%

133

+ 17.7%

Aug-2025

117

+ 0.9%

136

+ 19.3%

Sep-2025

127

- 3.1%

142

+ 8.4%

Oct-2025

118

- 3.3%

142

+ 24.6%

+ 17.0% + 20.9%

Nov-2025

118

+ 0.9%

137

+ 13.2%

2024
Condo

12-Month Avg*

123

+ 2.4%

132

+ 21.1%

2025

* Days on Market for all properties from December 2024 through November
2025. This is not the average of the individual figures above.

Historical Days on Market Until Sale by Month

Single-Family

Condo

225
200
175
150
125
100
75
50
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 7

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Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

November
$354,096

$342,718

Year to Date
$366,555

$361,637

$240,000

- 3.7%

2023

$249,900

$365,000

$247,000

$245,000

$248,000

$239,000

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

$357,000

- 1.1%

$245,985

- 0.4%

Jan-2025

$366,200

+ 0.9%

$247,500

- 1.0%

Feb-2025

$356,350

- 1.0%

$234,000

- 1.6%

Mar-2025

$350,745

- 3.0%

$226,500

- 11.2%

Apr-2025

$367,850

+ 2.2%

$249,999

- 3.8%

May-2025

$365,000

0.0%

$240,000

- 3.6%

Jun-2025

$365,000

0.0%

$239,500

- 4.2%

Jul-2025

$374,995

+ 3.6%

$238,000

- 4.3%

Aug-2025

$364,900

+ 3.7%

$230,000

- 2.5%

Sep-2025

$365,000

+ 4.0%

$242,250

- 2.3%

Oct-2025

$365,000

- 1.1%

$234,500

- 8.0%

+ 1.4%

+ 8.9%

+ 1.2%

- 3.6%

Nov-2025

$366,555

+ 3.5%

$247,000

- 1.2%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg* $364,390

+ 1.2%

$240,000

- 3.2%

+ 3.5%

- 0.6%

+ 4.1%

- 1.2%

+ 1.9%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

+ 3.3%

$360,000

Median Sales Price

- 0.5%

* Median Sales Price for all properties from December 2024 through
November 2025. This is not the average of the individual figures above.

Historical Median Sales Price by Month

Single-Family

Condo

$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 8

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Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.

November

$427,038

$427,300

Year to Date
$431,593

$429,828

$262,134

+ 2.6%

2023

$278,804

$440,006

$297,766

$278,567

$286,067

$273,534

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

$433,401

- 2.3%

$286,484

+ 3.2%

Jan-2025

$449,919

+ 0.6%

$281,284

- 4.9%

Feb-2025

$437,373

+ 2.7%

$271,421

- 1.5%

Mar-2025

$421,723

- 3.4%

$251,284

- 12.3%

Apr-2025

$447,711

+ 5.9%

$281,183

- 2.0%

May-2025

$445,112

- 3.0%

$285,778

- 0.5%

Jun-2025

$435,702

- 1.4%

$270,796

- 8.7%

Jul-2025

$442,950

+ 1.9%

$261,960

- 6.3%

Aug-2025

$438,971

+ 0.4%

$265,495

- 4.9%

Sep-2025

$447,285

+ 5.1%

$283,504

+ 0.1%

Oct-2025

$441,753

+ 3.5%

$262,274

- 12.0%

+ 1.1%

+ 7.8%

+ 2.7%

- 4.4%

Nov-2025

$431,593

+ 1.0%

$297,766

+ 6.8%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg* $439,492

+ 0.9%

$274,548

- 3.8%

+ 1.0%

- 3.0%

+ 6.4%

+ 6.8%

+ 4.0%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

+ 0.1%

$435,096

Avg. Sales Price

+ 1.2%

* Avg. Sales Price for all properties from December 2024 through November
2025. This is not the average of the individual figures above.

Historical Average Sales Price by Month

Single-Family

Condo

$500,000

$400,000

$300,000

$200,000

$100,000
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 9

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Percent of List Price Received
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a
given month, not accounting for seller concessions.

November

Year to Date

97.5% 97.3% 97.4%

- 0.2%

2023

96.5% 96.6% 95.9%

97.6% 97.4% 97.3%

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

97.1%

- 0.7%

96.4%

- 0.2%

Jan-2025

96.9%

- 0.7%

96.1%

- 0.4%

Feb-2025

97.3%

- 0.1%

95.4%

- 1.2%

Mar-2025

97.4%

- 0.1%

96.1%

- 0.7%

Apr-2025

97.3%

- 0.1%

95.9%

- 0.9%

May-2025

97.5%

+ 0.1%

96.2%

- 0.3%

Jun-2025

97.5%

+ 0.1%

96.5%

- 0.3%

Jul-2025

97.3%

- 0.1%

96.2%

- 0.3%

Aug-2025

97.2%

- 0.1%

96.3%

- 0.1%

Sep-2025

97.5%

+ 0.2%

96.0%

- 0.2%

Oct-2025

97.3%

- 0.4%

95.8%

- 0.8%

- 0.1%

- 2.0%

- 0.4%

- 0.5%

Nov-2025

97.4%

+ 0.1%

95.9%

- 0.7%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg*

97.3%

- 0.1%

96.1%

- 0.5%

+ 0.1%

- 0.3%

+ 0.1%

- 0.7%

- 1.2%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

- 0.2%

97.0% 96.6% 96.1%

Pct. of List Price
Received

- 0.2%

* Pct. of List Price Received for all properties from December 2024 through
November 2025. This is not the average of the individual figures above.

Historical Percent of List Price Received by Month

Single-Family

Condo

102%

100%

98%

96%

94%

92%

90%
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 10

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Page 193 of 234

Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of
what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

November

Year to Date
107

114

107

105
75

74

71

2023

77

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

75

0.0%

108

- 1.8%

Jan-2025

72

- 2.7%

107

- 0.9%

Feb-2025

75

+ 2.7%

115

+ 3.6%

Mar-2025

77

+ 4.1%

120

+ 14.3%

Apr-2025

73

+ 1.4%

107

+ 7.0%

May-2025

73

+ 1.4%

111

+ 5.7%

Jun-2025

73

0.0%

112

+ 5.7%

Jul-2025

72

- 2.7%

113

+ 4.6%

Aug-2025

75

- 5.1%

119

+ 0.8%

Sep-2025

76

- 6.2%

115

0.0%

Oct-2025

77

+ 4.1%

120

+ 12.1%

+ 4.1%

- 13.2%

+ 2.9%

+ 8.3%

Nov-2025

77

+ 2.7%

114

+ 6.5%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg

75

0.0%

113

+ 4.6%

Single-Family

Condo

+ 2.7%

- 5.3%

0.0%

+ 6.5%

- 7.8%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

0.0%

117

77

75

- 2.6%

108

Affordability Index

+ 4.2%

Historical Housing Affordability Index by Month
300

250

200

150

100

50
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 11

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Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given month.

November
3,632

3,615

2,946

3,103

2,932
2,016

Homes for Sale

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

3,423

+ 17.6%

2,730

+ 34.1%

Jan-2025

3,574

+ 18.2%

2,866

+ 27.7%

Feb-2025

3,701

+ 20.1%

2,977

+ 24.4%

Mar-2025

3,853

+ 25.2%

3,086

+ 20.7%

Apr-2025

4,022

+ 24.6%

3,293

+ 21.8%

May-2025

4,155

+ 23.7%

3,306

+ 19.0%

Jun-2025

4,148

+ 24.2%

3,268

+ 16.5%

Jul-2025

4,015

+ 17.5%

3,204

+ 13.0%

Aug-2025

3,911

+ 12.4%

3,256

+ 13.2%

Sep-2025

3,942

+ 13.4%

3,214

+ 11.4%

Oct-2025

3,808

+ 7.8%

3,158

+ 9.0%

- 0.5%

+ 23.3%

- 0.5%

+ 43.0%

+ 45.4%

+ 5.8%

Nov-2025

3,615

- 0.5%

3,103

+ 5.8%

2023

2024
Single-Family

2025

2023

2024
Condo

2025

12-Month Avg

3,847

+ 16.7%

3,122

+ 17.3%

Historical Inventory of Homes for Sale by Month

Single-Family

Condo

7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 12

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Page 195 of 234

Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

November
7.6

6.9

4.0

3.5

4.2

3.9

0.0%

+ 14.3%

- 2.5%

+ 68.0%

+ 64.3%

+ 10.1%

2023

2024
Single-Family

2025

2023

2024
Condo

2025

Months Supply

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Dec-2024

3.8

+ 11.8%

6.5

+ 51.2%

Jan-2025

4.0

+ 14.3%

6.8

+ 41.7%

Feb-2025

4.1

+ 13.9%

7.2

+ 41.2%

Mar-2025

4.3

+ 22.9%

7.5

+ 33.9%

Apr-2025

4.5

+ 21.6%

8.1

+ 35.0%

May-2025

4.6

+ 21.1%

8.2

+ 34.4%

Jun-2025

4.6

+ 21.1%

8.2

+ 32.3%

Jul-2025

4.5

+ 15.4%

8.0

+ 25.0%

Aug-2025

4.3

+ 7.5%

8.2

+ 24.2%

Sep-2025

4.3

+ 10.3%

7.9

+ 16.2%

Oct-2025

4.2

+ 5.0%

7.7

+ 13.2%

Nov-2025

3.9

- 2.5%

7.6

+ 10.1%

12-Month Avg*

4.3

+ 13.5%

7.7

+ 28.4%

* Months Supply for all properties from December 2024 through November
2025. This is not the average of the individual figures above.

Historical Months Supply of Inventory by Month

Single-Family

Condo

30

25

20

15

10

5

0
1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

1-2021

1-2022

1-2023

1-2024

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC. | 13

Page 195 of 234

Page 196 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Andrews
ZIP Code: 29510
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

5

4

- 20.0%

54

72

+ 33.3%

Closed Sales

2

1

- 50.0%

35

33

- 5.7%

Median Sales Price*

$192,500

$785,000

+ 307.8%

$191,600

$202,500

+ 5.7%

Percent of List Price Received*

98.4%

95.2%

- 3.3%

92.7%

96.0%

+ 3.6%

Days on Market Until Sale

83

60

- 27.7%

95

97

+ 2.1%

Inventory of Homes for Sale

14

30

+ 114.3%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

0

0

0.0%

0

0

0.0%

Closed Sales

0

0

0.0%

0

0

0.0%

Median Sales Price*

––

––

––

––

––

––

Percent of List Price Received*

––

––

––

––

––

––

Days on Market Until Sale

––

––

––

––

––

––

Inventory of Homes for Sale

0

0

0.0%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Andrews

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Andrews

$300,000

$250,000
$300,000
$200,000

$200,000

$150,000

$100,000
$100,000
$50,000

$0
1-2013

$0
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 196 of 234

Page 197 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Aynor
ZIP Code: 29511
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

10

22

+ 120.0%

144

230

+ 59.7%

Closed Sales

3

15

+ 400.0%

87

116

+ 33.3%

Median Sales Price*

$507,300

$306,000

- 39.7%

$311,000

$318,025

+ 2.3%

Percent of List Price Received*

98.7%

98.5%

- 0.2%

98.7%

98.2%

- 0.5%

Days on Market Until Sale

157

84

- 46.5%

146

121

- 17.1%

Inventory of Homes for Sale

42

51

+ 21.4%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

0

0

0.0%

0

0

0.0%

Closed Sales

0

0

0.0%

0

0

0.0%

Median Sales Price*

––

––

––

––

––

––

Percent of List Price Received*

––

––

––

––

––

––

Days on Market Until Sale

––

––

––

––

––

––

Inventory of Homes for Sale

0

0

0.0%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Aynor

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Aynor

$300,000

$350,000
$250,000
$300,000

$200,000

$250,000

$200,000

$150,000

$150,000
$100,000
$100,000

$50,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 197 of 234

Page 198 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Carolina Forest
Area: 10B
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

116

65

- 44.0%

1,597

1,390

- 13.0%

Closed Sales

88

86

- 2.3%

1,223

1,133

- 7.4%

Median Sales Price*

$438,109

$475,995

+ 8.6%

$425,000

$443,770

+ 4.4%

Percent of List Price Received*

97.5%

97.7%

+ 0.2%

97.6%

97.8%

+ 0.2%

Days on Market Until Sale

118

119

+ 0.8%

115

120

+ 4.3%

Inventory of Homes for Sale

365

273

- 25.2%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

48

37

- 22.9%

592

584

- 1.4%

Closed Sales

26

23

- 11.5%

348

330

- 5.2%

Median Sales Price*

$218,500

$220,300

+ 0.8%

$220,000

$210,000

- 4.5%

Percent of List Price Received*

97.3%

94.6%

- 2.8%

97.2%

96.1%

- 1.1%

Days on Market Until Sale

118

151

+ 28.0%

117

113

- 3.4%

Inventory of Homes for Sale

180

195

+ 8.3%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Carolina Forest

$500,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Carolina Forest

$300,000

$250,000
$400,000

$200,000
$300,000
$150,000

$200,000
$100,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 198 of 234

Page 199 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Conway
ZIP Codes: 29526 and 29527
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

216

218

+ 0.9%

2,702

2,887

+ 6.8%

Closed Sales

171

159

- 7.0%

2,003

2,059

+ 2.8%

Median Sales Price*

$300,000

$321,000

+ 7.0%

$298,550

$311,990

+ 4.5%

Percent of List Price Received*

97.2%

98.5%

+ 1.3%

97.7%

97.7%

0.0%

Days on Market Until Sale

126

136

+ 7.9%

126

131

+ 4.0%

Inventory of Homes for Sale

711

731

+ 2.8%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

13

36

+ 176.9%

147

311

+ 111.6%

Closed Sales

5

15

+ 200.0%

90

158

+ 75.6%

Median Sales Price*

$150,000

$237,500

+ 58.3%

$154,000

$215,200

+ 39.7%

Percent of List Price Received*

92.2%

96.4%

+ 4.6%

95.8%

96.4%

+ 0.6%

Days on Market Until Sale

107

89

- 16.8%

122

92

- 24.6%

Inventory of Homes for Sale

54

92

+ 70.4%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Conway

Rolling 12-Month Calculation

$400,000

$300,000

$350,000

$250,000

$300,000

$200,000

$250,000

$150,000

$200,000

$100,000

$150,000

$50,000

$100,000
1-2013

Georgetown and Horry Counties
Conway

$0
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 199 of 234

Page 200 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Garden City / Murrells Inlet
ZIP Code: 29576
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

83

71

- 14.5%

987

1,101

+ 11.6%

Closed Sales

49

50

+ 2.0%

729

752

+ 3.2%

Median Sales Price*

$455,000

$472,500

+ 3.8%

$449,900

$477,195

+ 6.1%

Percent of List Price Received*

95.4%

97.2%

+ 1.9%

97.0%

96.8%

- 0.2%

Days on Market Until Sale

116

108

- 6.9%

105

121

+ 15.2%

Inventory of Homes for Sale

270

287

+ 6.3%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

39

47

+ 20.5%

572

640

+ 11.9%

Closed Sales

27

39

+ 44.4%

358

360

+ 0.6%

Median Sales Price*

$290,000

$306,075

+ 5.5%

$300,000

$299,000

- 0.3%

Percent of List Price Received*

96.8%

97.1%

+ 0.3%

97.0%

96.8%

- 0.2%

Days on Market Until Sale

124

142

+ 14.5%

108

131

+ 21.3%

Inventory of Homes for Sale

178

212

+ 19.1%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Garden City / Murrells Inlet

$500,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Garden City / Murrells Inlet

$350,000

$300,000
$400,000
$250,000

$300,000

$200,000

$150,000
$200,000
$100,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 200 of 234

Page 201 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Georgetown
ZIP Code: 29440
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

37

36

- 2.7%

376

437

+ 16.2%

Closed Sales

19

19

0.0%

263

297

+ 12.9%

Median Sales Price*

$435,000

$383,062

- 11.9%

$375,000

$345,587

- 7.8%

Percent of List Price Received*

98.3%

95.7%

- 2.6%

97.5%

96.4%

- 1.1%

Days on Market Until Sale

172

161

- 6.4%

143

133

- 7.0%

Inventory of Homes for Sale

138

131

- 5.1%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

3

3

0.0%

29

25

- 13.8%

Closed Sales

3

1

- 66.7%

20

14

- 30.0%

Median Sales Price*

$215,000

$3,495,000

+ 1,525.6%

$404,000

$400,000

- 1.0%

Percent of List Price Received*

95.0%

100.0%

+ 5.3%

95.8%

98.6%

+ 2.9%

Days on Market Until Sale

139

62

- 55.4%

70

122

+ 74.3%

Inventory of Homes for Sale

8

9

+ 12.5%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Georgetown

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Georgetown

$600,000

$350,000

$500,000

$300,000
$400,000
$250,000
$300,000
$200,000
$200,000
$150,000

$100,000

$100,000

$50,000
1-2013

$0
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 201 of 234

Page 202 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Little River
ZIP Code: 29566
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

61

61

0.0%

1,066

857

- 19.6%

Closed Sales

79

53

- 32.9%

902

607

- 32.7%

Median Sales Price*

$332,000

$330,000

- 0.6%

$370,000

$359,474

- 2.8%

Percent of List Price Received*

96.7%

97.3%

+ 0.6%

97.3%

97.4%

+ 0.1%

Days on Market Until Sale

112

110

- 1.8%

133

121

- 9.0%

Inventory of Homes for Sale

235

203

- 13.6%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

30

39

+ 30.0%

576

570

- 1.0%

Closed Sales

17

18

+ 5.9%

296

273

- 7.8%

Median Sales Price*

$204,000

$228,200

+ 11.9%

$195,340

$201,000

+ 2.9%

Percent of List Price Received*

96.7%

94.9%

- 1.9%

96.5%

96.0%

- 0.5%

Days on Market Until Sale

126

106

- 15.9%

106

139

+ 31.1%

Inventory of Homes for Sale

197

216

+ 9.6%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Little River

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Little River

$300,000

$350,000

$250,000

$300,000
$200,000
$250,000
$150,000
$200,000

$100,000

$150,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 202 of 234

Page 203 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Loris / Longs
ZIP Codes: 29568 and 29569
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

164

133

- 18.9%

1,661

1,851

+ 11.4%

Closed Sales

104

134

+ 28.8%

1,166

1,462

+ 25.4%

Median Sales Price*

$305,950

$299,990

- 1.9%

$299,695

$300,000

+ 0.1%

Percent of List Price Received*

98.0%

98.0%

0.0%

97.6%

98.0%

+ 0.4%

Days on Market Until Sale

138

126

- 8.7%

145

135

- 6.9%

Inventory of Homes for Sale

490

435

- 11.2%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

16

16

0.0%

219

214

- 2.3%

Closed Sales

9

14

+ 55.6%

140

137

- 2.1%

Median Sales Price*

$215,000

$335,135

+ 55.9%

$320,000

$324,675

+ 1.5%

Percent of List Price Received*

98.1%

99.3%

+ 1.2%

98.6%

98.4%

- 0.2%

Days on Market Until Sale

138

118

- 14.5%

136

149

+ 9.6%

Inventory of Homes for Sale

63

60

- 4.8%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Loris / Longs

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Loris / Longs

$350,000

$300,000

$350,000

$250,000
$300,000
$200,000
$250,000
$150,000
$200,000
$100,000

$150,000

$50,000

$100,000
1-2013

$0
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 203 of 234

Page 204 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Myrtle Beach
ZIP Codes: 29572 and 29577
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

68

63

- 7.4%

855

960

+ 12.3%

Closed Sales

49

36

- 26.5%

597

548

- 8.2%

Median Sales Price*

$560,000

$507,500

- 9.4%

$510,000

$525,000

+ 2.9%

Percent of List Price Received*

96.9%

95.9%

- 1.0%

96.9%

96.3%

- 0.6%

Days on Market Until Sale

125

132

+ 5.6%

116

126

+ 8.6%

Inventory of Homes for Sale

243

298

+ 22.6%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

250

237

- 5.2%

3,128

3,079

- 1.6%

Closed Sales

107

111

+ 3.7%

1,551

1,522

- 1.9%

Median Sales Price*

$245,000

$233,000

- 4.9%

$230,000

$229,088

- 0.4%

Percent of List Price Received*

96.2%

95.6%

- 0.6%

96.0%

95.4%

- 0.6%

Days on Market Until Sale

132

149

+ 12.9%

116

146

+ 25.9%

Inventory of Homes for Sale

1,272

1,365

+ 7.3%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Myrtle Beach

Rolling 12-Month Calculation

$600,000

$300,000

$500,000

$250,000

$400,000

$200,000

$300,000

$150,000

$200,000

$100,000

$100,000
1-2013

Georgetown and Horry Counties
Myrtle Beach

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 204 of 234

Page 205 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

North Myrtle Beach
ZIP Code: 29582
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

69

84

+ 21.7%

876

1,183

+ 35.0%

Closed Sales

38

71

+ 86.8%

541

703

+ 29.9%

Median Sales Price*

$577,500

$448,540

- 22.3%

$570,000

$550,000

- 3.5%

Percent of List Price Received*

97.5%

96.3%

- 1.2%

96.9%

96.4%

- 0.5%

Days on Market Until Sale

90

82

- 8.9%

99

113

+ 14.1%

Inventory of Homes for Sale

267

318

+ 19.1%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

146

110

- 24.7%

1,607

1,544

- 3.9%

Closed Sales

65

67

+ 3.1%

886

877

- 1.0%

Median Sales Price*

$320,000

$290,000

- 9.4%

$315,000

$290,000

- 7.9%

Percent of List Price Received*

96.8%

95.6%

- 1.2%

96.4%

96.2%

- 0.2%

Days on Market Until Sale

107

130

+ 21.5%

104

127

+ 22.1%

Inventory of Homes for Sale

556

567

+ 2.0%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
North Myrtle Beach

Rolling 12-Month Calculation

$700,000

$350,000

$600,000

$300,000

$500,000

$250,000

$400,000

$200,000

$300,000

$150,000

$200,000

$100,000

$100,000
1-2013

Georgetown and Horry Counties
North Myrtle Beach

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 205 of 234

Page 206 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Pawleys Island / Litchfield
ZIP Code: 29585
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

25

25

0.0%

425

476

+ 12.0%

Closed Sales

19

21

+ 10.5%

330

313

- 5.2%

Median Sales Price*

$675,000

$590,000

- 12.6%

$620,750

$600,000

- 3.3%

Percent of List Price Received*

97.2%

95.2%

- 2.1%

96.9%

97.1%

+ 0.2%

Days on Market Until Sale

93

121

+ 30.1%

109

118

+ 8.3%

Inventory of Homes for Sale

96

120

+ 25.0%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

23

16

- 30.4%

371

347

- 6.5%

Closed Sales

12

25

+ 108.3%

249

229

- 8.0%

Median Sales Price*

$338,225

$315,000

- 6.9%

$335,000

$329,000

- 1.8%

Percent of List Price Received*

97.4%

96.3%

- 1.1%

96.7%

96.4%

- 0.3%

Days on Market Until Sale

95

149

+ 56.8%

97

117

+ 20.6%

Inventory of Homes for Sale

107

100

- 6.5%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Pawleys Island / Litchfield

$700,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Pawleys Island / Litchfield

$400,000

$350,000

$600,000

$300,000
$500,000
$250,000
$400,000
$200,000
$300,000
$150,000

$200,000

$100,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 206 of 234

Page 207 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Socastee
ZIP Code: 29588
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

120

103

- 14.2%

1,378

1,601

+ 16.2%

Closed Sales

107

117

+ 9.3%

1,095

1,252

+ 14.3%

Median Sales Price*

$354,999

$365,000

+ 2.8%

$355,000

$355,913

+ 0.3%

Percent of List Price Received*

97.7%

97.7%

0.0%

97.8%

97.9%

+ 0.1%

Days on Market Until Sale

104

110

+ 5.8%

110

107

- 2.7%

Inventory of Homes for Sale

333

318

- 4.5%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

24

25

+ 4.2%

422

336

- 20.4%

Closed Sales

28

17

- 39.3%

300

182

- 39.3%

Median Sales Price*

$237,750

$159,000

- 33.1%

$230,300

$193,500

- 16.0%

Percent of List Price Received*

96.7%

95.5%

- 1.2%

97.7%

96.7%

- 1.0%

Days on Market Until Sale

87

102

+ 17.2%

101

117

+ 15.8%

Inventory of Homes for Sale

86

95

+ 10.5%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Socastee

$400,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Socastee

$300,000

$350,000

$250,000

$300,000
$200,000
$250,000
$150,000
$200,000

$100,000

$150,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 207 of 234

Page 208 of 234

Local Market Update – November 2025

A Research Tool Provided by the Coastal Carolinas Association of REALTORS®

Surfside Beach
ZIP Code: 29575
Single Family Properties

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

70

55

- 21.4%

838

827

- 1.3%

Closed Sales

51

33

- 35.3%

515

522

+ 1.4%

Median Sales Price*

$390,000

$445,000

+ 14.1%

$396,000

$410,000

+ 3.5%

Percent of List Price Received*

95.5%

95.5%

0.0%

96.2%

95.6%

- 0.6%

Days on Market Until Sale

115

115

0.0%

104

126

+ 21.2%

Inventory of Homes for Sale

279

272

- 2.5%

––

––

––

Townhouse/Condo

November

Year to Date

Key Metrics

2024

2025

% Change

Thru 11-2024

Thru 11-2025

% Change

New Listings

31

32

+ 3.2%

501

546

+ 9.0%

Closed Sales

16

24

+ 50.0%

239

308

+ 28.9%

Median Sales Price*

$191,000

$186,250

- 2.5%

$187,500

$180,000

- 4.0%

Percent of List Price Received*

95.5%

96.2%

+ 0.7%

96.1%

95.3%

- 0.8%

Days on Market Until Sale

151

138

- 8.6%

106

134

+ 26.4%

Inventory of Homes for Sale

183

165

- 9.8%

––

––

––

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price - Single Family Properties
Rolling 12-Month Calculation

Median Sales Price - Townhouse/Condo

Georgetown and Horry Counties
Surfside Beach

$450,000

Rolling 12-Month Calculation

Georgetown and Horry Counties
Surfside Beach

$300,000

$400,000
$250,000
$350,000

$200,000

$300,000

$250,000

$150,000

$200,000
$100,000
$150,000

$100,000
1-2013

$50,000
1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

1-2013

1-2015

1-2017

1-2019

1-2021

1-2023

1-2025

Current as of December 10, 2025. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2025 ShowingTime Plus, LLC.

Page 208 of 234

Page 209 of 234

Monthly Indicators
December 2025

Quick Facts

U.S. existing home sales ticked up 0.5% from the previous month to a
seasonally adjusted annual rate of 4.13 million, marking the third
consecutive monthly increase, according to the National Association of
REALTORS® (NAR). However, sales were down 1.0% from the same period
last year. Regionally, sales rose month-over-month in the Northeast and
South, were unchanged in the West, and declined in the Midwest. On a
year-over-year basis, sales were flat in the Northeast and South and fell in
both the Midwest and West.
New Listings increased 12.7 percent for Single-Family homes and 13.3
percent for Condo homes. Pending Sales increased 1.9 percent for SingleFamily homes and 20.1 percent for Condo homes. Inventory decreased 0.4
percent for Single-Family homes but increased 5.5 percent for Condo
homes.
Median Sales Price increased 3.4 percent to $368,988 for Single-Family
homes but decreased 4.5 percent to $235,000 for Condo homes. Days on
Market decreased 1.5 percent for Single-Family homes but increased 4.1
percent for Condo homes. Months Supply of Inventory decreased 2.6
percent for Single-Family homes but increased 7.7 percent for Condo
homes.
The national median existing-home price continued to climb, rising 1.2%
from a year ago to $409,200, according to NAR. This year-over-year
increase—the 29th consecutive monthly gain—reflects ongoing tightness in
housing supply. At the end of November, there were 1.43 million units for
sale, down 5.9% from the previous month but up 7.5% from the same time
last year, representing a 4.2-month supply at the current sales pace.

+ 10.3%

+ 12.2%

+ 6.5%

Change in
Closed Sales
All Properties

Change in
Closed Sales
Single-Family Only

Change in
Closed Sales
Condo Only

A research tool provided by the Coastal Carolinas Association of REALTORS®.
Percent changes are calculated using rounded figures.

Single Family Market Overview
Condo Market Overview
New Listings
Pending Sales
Closed Sales
Days on Market Until Sale
Median Sales Price
Average Sales Price
Percent of List Price Received
Housing Affordability Index
Inventory of Homes for Sale
Months Supply of Inventory

2
3
4
5
6
7
8
9
10
11
12
13

Current as of January 10, 2026. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2026 ShowingTime Plus, LLC.

Page 209 of 234

Page 210 of 234

Single Family Market Overview
Key market metrics for the current month and year-to-date figures. Single-family homes only.

Key Metrics

Historical Sparkbars

New Listings
12-2023

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

14,317

15,401

+ 7.6%

639

651

+ 1.9%

10,815

11,039

+ 2.1%

859

964

+ 12.2%

10,806

11,196

+ 3.6%

130

128

- 1.5%

121

123

+ 1.7%

$357,000

$368,988

+ 3.4%

$360,000

$365,000

+ 1.4%

$433,401

$470,239

+ 8.5%

$434,961

$442,352

+ 1.7%

97.1%

97.2%

+ 0.1%

97.4%

97.3%

- 0.1%

75

76

+ 1.3%

74

77

+ 4.1%

3,428

3,416

- 0.4%

––

––

––

3.8

3.7

- 2.6%

––

––

––

12-2025

Months Supply of Inventory
12-2023

+ 12.7%

12-2025

Inventory of Homes for Sale
12-2023

871

12-2025

Housing Affordability Index
12-2023

773

12-2025

Percent of List Price Received
12-2023

% Change

12-2025

Average Sales Price
12-2023

YTD 2025

12-2025

Median Sales Price
12-2023

YTD 2024

12-2025

Days on Market Until Sale
12-2023

% Change

12-2025

Closed Sales
12-2023

12-2025

12-2025

Pending Sales
12-2023

12-2024

12-2025

Current as of January 10, 2026. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2026 ShowingTime Plus, LLC. | 2

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Page 211 of 234

Condo Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Condo properties only.

Key Metrics

Historical Sparkbars

New Listings
12-2023

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

6-2024

12-2024

6-2025

8,871

8,830

- 0.5%

264

317

+ 20.1%

5,078

4,962

- 2.3%

383

408

+ 6.5%

5,079

4,924

- 3.1%

123

128

+ 4.1%

111

132

+ 18.9%

$245,985

$235,000

- 4.5%

$248,000

$238,825

- 3.7%

$286,484

$260,595

- 9.0%

$286,099

$272,451

- 4.8%

96.4%

96.0%

- 0.4%

96.6%

96.1%

- 0.5%

108

120

+ 11.1%

107

118

+ 10.3%

2,730

2,881

+ 5.5%

––

––

––

6.5

7.0

+ 7.7%

––

––

––

12-2025

Months Supply of Inventory
12-2023

+ 13.3%

12-2025

Inventory of Homes for Sale
12-2023

486

12-2025

Housing Affordability Index
12-2023

429

12-2025

Percent of List Price Received
12-2023

% Change

12-2025

Average Sales Price
12-2023

YTD 2025

12-2025

Median Sales Price
12-2023

YTD 2024

12-2025

Days on Market Until Sale
12-2023

% Change

12-2025

Closed Sales
12-2023

12-2025

12-2025

Pending Sales
12-2023

12-2024

12-2025

Current as of January 10, 2026. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Report © 2026 ShowingTime Plus, LLC. | 3

Page 211 of 234

Page 212 of 234

New Listings
A count of the properties that have been newly listed on the market in a given month.

December

Year to Date
871

802

14,317

773

12,573

544

429

+ 23.0%

2023

15,401

486

8,112

8,830

Single-Family

Year-Over-Year
Change

Condo

Year-Over-Year
Change

Jan-2025

1,297

+ 4.7%

806

- 4.7%

Feb-2025

1,259

+ 7.5%

800

- 5.5%

Mar-2025

1,517

+ 15.2%

892

+ 2.8%

Apr-2025

1,519

+ 11.1%

846

+ 2.2%

May-2025

1,479

+ 11.7%

770

- 7.3%

Jun-2025

1,337

+ 15.7%

682

- 5.1%

Jul-2025

1,315

+ 4.8%

686

- 5.8%

Aug-2025

1,253

+ 2.9%

766

- 1.9%

Sep-2025

1,313

+ 14.8%

754

+ 13.4%

Oct-2025

1,250

- 2.0%

730

+ 5.5%

Nov-2025

991

- 8.0%

612

- 3.9%

+ 7.6%

- 3.4%

+ 9.4%

- 0.5%

Dec-2025

871

+ 12.7%

486

+ 13.3%

2024
2025
Single-Family

2023

2024
Condo

2025

12-Month Avg

1,283

+ 7.5%

736

- 0.4%

Single-Family

Condo

+ 12.7%

+ 46.6%

- 21.1%

+ 13.3%

- 5.5%

2024
2025
Single-Family

2023

2024
Condo

2025

2023

-