As of July 1, the South Carolina state budget is in. Out of the approximately $30.1 billion in general funds for the fiscal year 2021-2022, the Midlands can expect to see ~$20 million in Richland and Lexington counties with funding approved for about 40 projects.
#DYK that $8.9 billion of that pie is from general funds and ~85% of the general fund comes from income + sales taxes?
💸 $9 million will go toward renovations at the Columbia Metropolitan Convention Center.
💸 $750,000 will be awarded to the New Morning Foundation.
💸 $500,000 to the City of Forest Acres Bridge Replacement.
💸 $500,000 towards the Palmetto Trail Columbia and Elmwood Greenway.
💸 $500,000 to the Forest Lake Place Bridge.
Additionally, $850,000 was approved for updates to the Five Points area to create more safety measures for pedestrians and bicyclists. Then over the river, $1 million was given to create a visitors center at Cayce’s 12,000 Year History Park, located at 1120 Fort Congaree Trail.
The budget allows for $1,000 pay raises for SC teachers + enough funding to hire a resource officer and nurse at each school. This year schools will also be given funding to have access to mental health counselors + expand the needs-based 4-year-old kindergarten.
South Carolina will also see about $13 million on outdoor public spaces + park projects. $20 million will be alloted to recruit and retain law enforcement officers, and an additional $150 million divided up for projects across the state.