Does anyone remember an $18-million-dollar shortfall in the Charleston County school budget? Certainly, the reporter failed to remind us in a recent article about the TIF (Tax Increment Financing) now approved by the county for an area of West Ashley. Oh, yes. The CCSD School Board compromised and gave up only 45 percent of revenues from the TIF for the next twenty years or so.
This maneuver should be called "go along and get along." The developers who carry so much power in Charleston County want to grease the skids. Pressure on the school district brought about this agreement. It stinks.
If common sense reigned, the district would refrain from draining its revenues.
Go figure.
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