NOTICE OF PUBLIC HEARING HILTON HEAD NO. 1 PUBLIC SERVICE DISTRICT FISCAL YEAR 2026 – 2027 BUDGET Notice is hereby given that a public hearing will be 3. The proposed budget of the District for the Fiscal held before the Hilton Head No. 1 Public Service Year 2026-2027 represents a 14.3% decrease from District Commission, the governing body of the the budget for the current Fiscal Year 2025-2026. Hilton Head No. 1 Public Service District (the “District”), at 9:00 a.m. (or as soon thereafter as 4. For the current Fiscal Year 2025-2026 ad time permits) on Wednesday, May 27, 2026 (the valorem taxes were set at 7.8 mills, which equates “Hearing”). to $7.80 on every $1,000 in assessed value of all real estate and personal property of every The Hearing will be held in the District’s description owned and used in the District. This Community Room, which is located at 21 Oak Park includes 3.0 mills for operations and maintenance Drive, Hilton Head Island, SC. The purpose of the and 4.8 mills for debt service. The assessed value hearing will be to allow members of the public to is determined by applying the constitutionally express their views regarding the proposed budget mandated ratios (generally 4% or 6% for (operating and CIP) for the District for Fiscal Year residential/commercial property) to the market 2026-2027. All persons who attend the public value of real property. hearing will be given the opportunity to speak. 5. For Fiscal Year 2026-2027 ad valorem taxes As required by Section 6-1-80, Code of Laws of will be set at 7.7 mills, which equates to $7.70 on South Carolina, 1976, as amended, the public is every $1,000 in assessed value of all real estate advised of the following: and personal property of every description owned and used in the District. This includes 3.1 mills for 1. The budget of the District for the current Fiscal operations and maintenance and 4.6 mills for debt Year 2025-2026 calls for revenues of $29,200,400 service. and expenditures/appropriations of $29,200,400. 6. A copy of the Fiscal Year 2026-2027 budget is 2. The proposed budget of the District for Fiscal available by request at the District’s offices, which Year 2026-2027 calls for revenues of $25,024,400 are located at 21 Oak Park Drive, Hilton Head and expenditures/appropriations of $25,024,400. Island, SC or electronically by contacting info@hhpsd.com.