Written by: Tony J. Spain, Palmetto Examiner
Anna Herron contributed to this article
Richland County Council members will vote tonight to approve a $70 million dollar bond for capital improvement projects.
The bond is the maximum amount the county can go into debt without voter approval.
Richland County voters already approved a $950 million dollar bond when they passed the 2024 Penny Tax.
The $70 million dollar bond would be added onto the $950 million dollar bond that will go into effect in 2026. Currently Richland County is about 106 million in debt and adding the $70 million bond would max out the limit they’re allowed to take without voter approval based on assets vs debt ratio in county ordinance.
Richland County Council voted unanimously in favor of the $70 million bond during a special called meeting and second reading July 8.
There is a public hearing and final vote on this new bond tonight. You can see the agenda here.
We recommend Richland County residents reach out to your county council member that represents your district and tell them to vote no. Find your county council member representative here.
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