Audit Finds $1.3 Million in Questionable Hospitality Tax Spending in Horry County

Wood's firm conducted an audit of 531 transactions related to hospitality tax spending in Horry County between 2018 and 2023. The review found that approximately $1.3 million either lacked documentation or did not meet state guidelines. This follows reports that officials in Loris misappropriated over $1 million in hospitality tax revenues over a five-year period, sometimes using the funds to offset payroll or as a loan fund.

The audit reviewed spending against state law, which dictates strict rules for how local governments can use hospitality tax revenue, such as for tourism-related infrastructure or roads. The findings highlight financial oversight issues regarding the use of local tax funds within Horry County.