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Jasper County School District One Percent Sales and Use Tax Audit July 1, 2018-June 30, 2023
South Carolina Department of Revenue
South Carolina Department of Revenue
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Abstract
The South Carolina Department of Revenue conducted a compliance audit of Jasper County School District’s One Percent Sales and Use Tax program. The audit assessed the collection and use of the tax revenues over a five-year period. It was found that the School District failed to maintain sufficient documentation for over $4 million in disbursements and made non-compliant payments from the penny tax fund. Key findings include the lack of project-level expense tracking, insufficient supporting documentation for significant withdrawals, and expenditures unrelated to the approved tax projects. As a result, the School District is required to reimburse $4,103,457 to the penny tax account and have done so during the course of the audit. Several recommendations were made to improve financial accountability and compliance in the future.
Issue Date
2025-05-30
Keywords
Education--Capital investments--South Carolina--Jasper County—Auditing, Tax auditing--South Carolina--Jasper County, Jasper County School District--Auditing
Type
Text
Rights
Records, documents, and information made available by the agencies of the South Carolina state government. or its subdivisions are made accessible through the South Carolina State Library Depository and are protected under U.S. Copyright law (Title 17, U.S.C.) and South Carolina state law (Title 30 and 60, S.C.C.L.). Distribution rights are determined by the agency or author and users should contact the aforementioned for more information.
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