Tag Archives: gas tax

Number of SC taxpayers claiming gas tax credit continues to drop

October 27, 2021

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By RICK BRUNDRETT Once again, the state’s chief revenue forecasters have grossly overestimated the popularity of an income tax credit that legislators created with the 2017 gas-tax-hike law. In a Sept. 21 letter to Hartley Powell, director of the state Department of Revenue (DOR), Frank Rainwater, the S.C. Revenue and Fiscal Affairs Office (RFA) director, […]

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DOT’s road-repair schedules full of potholes

September 24, 2021

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By RICK BRUNDRETT Major repaving or road reconstruction projects in South Carolina could take on average at least a year and possibly more than two years to complete, The Nerve found in a review of state Department of Transportation records. But it’s unclear exactly how long it takes to finish road projects funded with gas-tax-hike […]

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SC roads get ‘D’ grade as major repair projects remain unfinished

September 10, 2021

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By RICK BRUNDRETT South Carolina will need almost $43 billion more by 2040 to fix its bad roads and handle increased traffic with projected growth, according to the American Society of Civil Engineers, which gave the state’s roads a “D” grade in its annual infrastructure report card. Meanwhile, the S.C. Department of Transportation continues to […]

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The $5 billion surplus officials don’t talk about

September 8, 2021

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By RICK BRUNDRETT Out of this fiscal year’s $32.5 billion state budget, more than a third of it – nearly $12.3 billion – is made up of “other” funds. “Other” funds include such things as fees and fines, college tuition, lottery proceeds, state gasoline taxes, and part of the state sales tax earmarked for K-12 […]

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Fiscal ‘21 ends with huge gas-tax-hike surplus amid unfinished projects

August 6, 2021

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By RICK BRUNDRETT Stuck in a pothole. For the fiscal year that ended June 30, a special fund created with the 2017 state gas-tax-hike law had an $896.1 million surplus – a 50% increase compared to the end of fiscal 2020, records show. Total collected revenues also grew by about the same rate over the […]

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Few S.C. bridges fixed with gas-tax-hike money

July 9, 2021

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By RICK BRUNDRETT Only three bridge projects have been completed in South Carolina with the nearly $2 billion in revenues collected under the 2017 state gas-tax-hike law, recently released transportation department records show. And although the S.C. Department of Transportation has identified 465 out of 750 “structurally deficient” bridges statewide to be replaced, other agency […]

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Holes still exist in DOT’s pothole numbers

June 11, 2021

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By RICK BRUNDRETT The number of potholes that the S.C. Department of Transportation claims it patched statewide jumped by more than 300,000 over the last four fiscal years, according to agency annual reports. The Nerve has reported that DOT’s annual numbers in recent years were merely estimates. But DOT now says the 678,984 potholes it […]

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SCDOT says it will fix nearly 1,000 more miles of bad roads. More empty promises?

May 27, 2021

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By RICK BRUNDRETT Motorists likely will feel plenty of bumps this Memorial Day weekend as they drive over South Carolina’s seemingly endless pothole-riddled roads. Since the state gas-tax-hike law took effect nearly four years ago, The Nerve has repeatedly pointed out the S.C. Department of Transportation’s relatively slow pace of completing paving projects while sitting […]

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Gas-tax-hike piggy bank keeps growing fatter

April 30, 2021

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By RICK BRUNDRETT Through March, a special fund created with the state gas-tax-hike law had a cash balance of nearly $824 million and racked up more than $26 million in investment earnings on surpluses since July 2017, records show. The $823.8 million surplus in the “Infrastructure Maintenance Trust Fund” as of March 31 represented nearly […]

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Pothole palooza: SCDOT claims it patches hundreds of thousands of holes

April 2, 2021

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By RICK BRUNDRETT In its latest annual report, the S.C. Department of Transportation claimed it patched about 679,300 potholes statewide during fiscal year 2020. Based on those numbers, an average of 14,767 potholes were filled from July 1, 2019, through June 30, 2020, in each of the state’s 46 counties, though the annual report, provided […]

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