Finance

Laptop computer displaying financial graphsThe Finance Department can be classified as the "watch dog" of Lake City’s financial affairs in order to provide professional financial services as mandated by law, required by mayor and council, and those in other governmental units. This responsibility enables the city to estimate revenues, collect charges and fees, and aid in monitoring expenditures.

Assisting Departments

Finance continuously assists all departments by providing quality and timely financial data. This allows better allocation of limited resources and helps departments maximize the services they can provide to taxpayers and the public at large and allows for prudent budget decisions that benefit future generations of Lake City through long-term fiscal health.

Ask Questions

We’ll be featuring full audits and documents related to Lake City’s financial department, but if you’d like to speak to someone at the City regarding the town’s finances, please call 843-374-5421. 

Benefiting Our Community

Under the guidance of Finance Executive Director, the City of Lake City seeks to turn public funds into measurable benefits within our community.

Pay Vehicle Taxes or Property Taxes

Florence County collects taxes for the city of Lake City. Contact the county office at 800-523-3577.

Florence County Penny Sales Tax

Florence County residents voted on a penny sales tax referendum in November, 2020, that is in effect for no more than seven years. The referendum includes several items for the city of Lake City. 

  1. BUDGET REPORTS
  2. AUDIT REPORTS
  3. AP CHECK REGISTRY
  4. AP CONSOLIDATED INCOME STATEMENTS
  5. Fee Schedule