Where does the treasurer invest funds, and what are the constraints on the investment of county monies?

 Sections 12-45-220 and 6-5-10 of the S.C. Code of Laws limit the treasurer as to where public funds may be invested. These code sections allow investment:

  • in obligations of the United States and its agencies with the United States that are fully guaranteed by the federal government;
  • in bonds of certificates of indebtedness of the State of South Carolina and its agencies;
  • in shares of any building and loan association insured by an agency of the United States;
  • with banking institutions of South Carolina.

Show All Answers

1. What is the time table for collecting property taxes in Barnwell County?
2. When are the taxes due on my motor vehicle?
3. Why did the treasurer raise my taxes?
4. Is there any way to reduce my tax bill?
5. How can I change my mailing address?
6. How do I apply for a high mileage discount on my vehicle?
7. How do I apply for a senior citizen discount on vehicle renewal fees?
8. Why am I being charged taxes for the vehicle I just purchased? The dealer told me he would take care of tags and taxes.
9. Why am I getting a tax bill for a vehicle or boat that I no longer own?
10. Why did I receive two tax notices for the same property?
11. Where does the treasurer invest funds, and what are the constraints on the investment of county monies?
12. What is the Homestead Exemption program?