Penny for Progress Program
On November 4, 2014, the citizens of Lexington County will have the opportunity to address an important question regarding the Penny for Progress in Lexington County, South Carolina. The Penny for Progress program is a funding mechanism for infrastructure needs within Lexington County, South Carolina. This program has been implemented in other Counties in South Carolina such as Aiken, Charleston, Horry, Marion, Newberry, Orangeburg, and York Counties to address infrastructure needs within their respective Counties. As Lexington County is committed to addressing infrastructure needs for its growing population, the Penny for Progress is a way to fund needed infrastructure improvements in a County. It should be noted that Lexington County has grown in population by 22% in the last ten (10) years, and based on a recent study published by the Central Midlands Council of Governments, Lexington County is projected to continue to experience similar growth the next ten years, if not more.
- Essential Food Goods consumed off premises and Prescription Drugs are not subject to the sales tax.
- Sales tax dollars raised in Lexington County stay in Lexington County (unlike other taxes).
- Out of County Residents are contributing to Lexington County Infrastructure.
- If successful, the Penny will expire in 8 years.
- This is the principle source of capital improvement dollars for years to come.
- The projects chosen will affect needs throughout Lexington County through a series of workshops and public meetings within the County.
- By law, the money raised as a part of this Program can only be spent on the projects approved by the voters. Residents will see on the ballot how the Penny is being spent and Lexington County is committed to reporting progress to residents.
- A penny for the projects is a penny for the listed projects only.
- Projects Submitted are reviewed by a third party consulting engineering company to help ensure that projects have been appropriately detailed for construction costs, as well as staffing, operation, and maintenance.