Local Government Finance Report
The Revenue and Fiscal Affairs Office (RFA) is responsible for collecting, maintaining, and compiling data provided by school districts, counties, and municipalities to publish an annual Local Government Finance Report. School district revenue and expenditure data is obtained from annual submissions by each district to the SC Department of Education. Counties and municipalities receiving revenues from state aid, currently known as Aid to Subdivisions, are required to submit an annual financial report detailing their sources of revenue, expenditures by category, indebtedness, and other information as required by the RFA.
The financial report for the most recently completed fiscal year must be submitted by March fifteenth of each year. If an entity fails to file the financial report by March fifteenth, the RFA will provide written notification that the county or municipality has 30 days to submit the required report. By law, failure to comply within 30 days must result in the withholding of ten percent of subsequent payments of state aid to the entity until the report is filed.
Please see appendix for listing of local jurisdictions included by fiscal year
Local Government Expenditure and Revenue Trends - Presented to Local Government Fund Ad Hoc Committee, November 27, 2017 (Based on the 2016 Local Government Finance Report)
Local Government Finance Report Data Submission
Although §6-1-50 sets March 15th as the deadline for submitting the financial report, RFA has granted an extension through June 30, 2020, for submission of the report due to the extenuating circumstances resulting from COVID-19. Staff are available by email to assist with any questions. For questions or comments please contact Julia Williams. Julia may be reached at Julia.Williams@rfa.sc.gov.
Online Submission: Click Here to login to the online database.
Login information to access the online submission website above is included in the letter mailed to each county and municipality. Please contact Julia Williams if you need assistance. Julia may be reached at Julia.Williams@rfa.sc.gov or (803) 734-3780.
If you are unable to access the online submission website above, you may mail, email, or fax the form. See below for links to the forms and instructions:
For questions or comments please contact Julia Williams. Julia may be reached at Julia.Williams@rfa.sc.gov or (803) 734-3780.
Local Government Fund
The Local Government Fund is established by the State Aid to Subdivisions Act (S.C. Code of Laws Chapter 27, Title 6). The State provides funding for counties and municipalities through the Local Government Fund. Counties receive 83.278 percent of the fund, and municipalities receive 16.722 percent of the fund. Fifty cents per capita is withheld from the portion of the Local Government Fund allotted to counties per Section 44-6-146 for Medicaid Services. Funding is distributed by the State Treasurer based upon the most recent decennial U.S. Census.