Loris Financial Review Examines Hospitality Tax Spending

LORIS, SC — City officials in Loris are reviewing past hospitality tax expenditures following an independent financial analysis of the city’s hospitality tax fund.

The review examined hospitality tax transactions from 2018 through 2023 and reportedly analyzed more than 500 transactions involving city hospitality tax revenues.

Hospitality tax revenues are generated through taxes collected on prepared food and beverage sales and are restricted under South Carolina law to specific tourism-related purposes.

The review focused on hospitality tax revenues collected and administered by the City of Loris and does not involve Horry County’s separate hospitality tax revenues or expenditures.

City leaders are expected to continue reviewing the analysis and related records as part of their examination of historical spending practices.

Coastal Carolina News has requested additional documentation related to the review and will provide updates as more information becomes available.


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