NOTICE OF PUBLIC HEARING BROAD CREEK PUBLIC SERVICE DISTRICT FISCAL YEAR 2026-2027 OPERATING BUDGET Notice is hereby given that a public hearing Capital improvements and principal will be held before the Broad Creek Public payments paid from the District’s budget are Service District Commission, the governing not included in the above expenses. body of the Broad Creek Public Service District, at nine (9) o’clock a.m. on Thursday, 4. The proposed revenues for the Fiscal June 11, 2026. The hearing will be held at Year 2026-2027 operating budget of Broad the Broad Creek Public Service District Creek Public Service District represents a 8% office located at 3 Marina Side Drive, Hilton increase in revenues from the operating Head Island, SC. The purpose of the public budget for the current Fiscal Year. hearing will be to allow members of the public to express their views regarding the 5. Ad valorem property taxes in the proposed operating budget for the Broad amount of 10 mills were levied in the current Creek Public Service District for Fiscal Year Fiscal Year to meet the operational needs of 2026-2027. All persons who attend the the Broad Creek Public Service District. public hearing will be given an opportunity to speak. Copies of the proposed budget are 6. The proposed budget calls for an ad available at the District’s office. valorem property tax levy of 10 mills to supplement the revenues required by the As required by Section 6-1-80, Code of Laws Fiscal Year 2026-2027. For purposes of of South Carolina, 1976, as amended, the illustration, 10 mills would result in ad public is advised of the following: valorem property taxes in the amount of $40.00 levied against an owner-occupied 1. The budget of Broad Creek Public home (primary residence) with an assessed Service District for the current Fiscal Year value of $100,000. For a $100,000 residence 2025-2026 calls for revenues of $9,657,208 assessed at 6%, the total proposed tax would and expenses of $6,044,016. be $60. 2. The proposed budget of Broad Creek Note: Copies of the budget as well as water Public Service District for Fiscal Year 2026- and sewer rates are available at the Broad 2027 calls for revenues of $10,579,081 and Creek PSD Office, 3 Marina Side Drive, expenses of $6,520,822. Hilton Head Island, and on our website, www.bcpsd.com. Public comments, written 3. The water and sewer operations for or oral, are invited. Written comments may the District produce revenues including user be mailed to the Broad Creek PSD, P.O. Box fees, availability charges and lease income in 5878, Hilton Head Island, SC 29938, or e- addition to millage. The revenues above do mailed to: Blake Bridwell at not include grant revenue. The expenses, bbridwell@bcpsd.com or Jaime Lesh at which offset the revenue, include such items jlesh@bcpsd.com. as general operation and maintenance expenses, bond interest expense and cost of wholesale water acquired by contract.