Facts & Figures

Definition - Capital Penny Sales Tax (CPST)?

  • Authorized by SC Code 4-10-330
  • Proceeds must be used for capital/infrastructure projects only. For example, the following cannot be used for operations, personnel, or equipment:
    • Community Facilities
    • Municipal Buildings
    • Roads
    • Sewer
    • Water
  • After seven years, a new vote must be carried out for a new set of projects
  • Projects must be listed individually on a referendum and be approved by voters

Approximate Totals of Proposed CPST Projects by Category

  • Community Facilities: $20.3 Million
  • County/Municipal Buildings: $8.0 Million
  • Economic Development Infrastructure: $13.4 Million
  • Roads/Transportation: $15.4 Million (64 miles)
  • Water/Sewer: $14.2 Million

Why the CPST is Needed

  • CPST represents the best opportunity for Orangeburg County and its municipalities to create community and economic development projects for its citizens
  • CPST was supported by 68% if voters in 2010
  • 21% of revenues collected under the CPST come from non-residents
  • CPST revenue can be used to leverage other sources of state and federal grants, for example: CDBG provides 3:1 match, USDOT provides up to 10:1 match
  • CPST is not a new tax. Once approved in the general election, it would provide for a continuation of the previous CPST in for an additional seven years.

CPST Results from I & II

  • Economic Development: OCCIP, LMRWA, Western OC, to create jobs and build tax a base
  • Municipal Buildings: Fire substations/training facility for ISO ratings, Town Halls, judicial centers and library facilities
  • Quality of Life: aquatic park, municipal parks, ball fields, and other recreation facilities
  • Roads: 140 miles paved (State only provides funds for approximately 3 miles annually)
  • Water/Sewer: Improved community health, opening of new areas for development

The CPST Provides Accountability & Fairness

  • It must be voted on by citizens
  • It positively impacts citizens in every geographic area of the County
  • Once approved, project funds can only be spent on the specific project shown on the ballot
  • The CPST sunsets, or terminates after seven years
  • The CPST program is audited annually by an external auditor
  • County residents benefit from sales taxes paid by non-residents who also use our local services