2023-12-29T08:45:37-07:00 2023-06-30 990 2022-07-01 680661034 SCAGO PUBLIC FACILITIES CORPORATION FOR GEORGETOWN COUNTY SCAG 8435453069 Post Office Box 421270 Georgetown SC 29442 Karis Langston Finance Director 8435453069 2023-12-27 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Karis J Langston Post Office Box 421270 Georgetown SC 29442 3622904 0 X www.gtcounty.org X 2007 SC To finance, construct, and renovate public facilities in Georgetown County, South Carolina. 0 0 0 0 0 0 0 0 1140135 806002 52 3902 0 0 1140187 809904 0 0 0 0 0 0 0 0 0 812842 721005 812842 721005 327345 88899 15043136 12229035 22472000 19569000 -7428864 -7339965 To finance, construct, and renovate public facilities in Georgetown County, South Carolina. 0 0 721005 0 0 To finance, construct, and renovate public facilities in Georgetown County, South Carolina. 0 0 0 721005 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 X Karis Langston 8435453069 129 Screven Street Georgetown SC 29440 X Angela Christian Director (non-voting) 0 40 X 0 175731 0 Karis J Langston Secretary Treasurer (non-voting) 1 40 X 0 94137 0 John K Gardner Director 0 0 X 0 0 0 Vervatine Reid Director 0 0 X 0 0 0 Sel Hemingway Director 0 0 X 0 0 0 John B Heron President 0 0 X 0 0 0 William H Sanders Vice President 0 0 X 0 0 0 0 269868 0 0 0 1 0 0 0 Installment Purchase Payments from Georgetown County 900099 3620688 3620688 0 0 Less: Amount applied to Sale of Assets 900099 -2814686 -2814686 0 0 0 0 0 0 806002 3902 3902 0 0 0 0 0 0 0 0 0 0 0 0 0 2813000 0 2813000 0 0 0 0 0 0 0 809904 809904 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2000 2000 0 0 86 86 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 714904 714904 0 0 0 0 0 0 0 0 0 0 4015 4015 0 0 0 0 0 0 721005 721005 0 0 3265 3265 52 637 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15039819 12225133 15043136 12229035 0 0 0 0 0 0 22472000 19569000 0 0 0 0 0 0 0 0 22472000 19569000 X -7428864 -7339965 0 0 0 0 -7428864 -7339965 15043136 12229035 88899 0 0 0 0 0 X 0 0 0 X X 1 Georgetown County South Carolina 576000353 6 1 813806 0 1 813806 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X Schedule A, Part IV, Section A, Line 2 The supported organization, Georgetown County, South Carolina, is a governmental unit (political subdividsion) as described in U.S. code sections 103 and 115. Schedule A, Part IV, Section E, Line 1c The Corporation is an "on behalf of Issuer" of bonds for governmental purposes for the supported organization. Georgetown County, South Carolina. The issuance of the bonds, the continuing activities, related to the expenditure of the proceeds of the bonds, and the payment of the debt service on the bonds constitutes the sole activities of the Corporation. The role of Georgetown County is to make installment purchase acquisition payments to the Corporation to fund the debt service requirements and to maintain required balances in the debt service reserve fund. All funding flows through trust accounts which were established in conjunction with the issuance of the bonds. Public Facilities constructed for sale/transfer to Georgetown County, South Carolina 49604341 Less: Facilities sold/transferred to Georgetown County, South Carolina -37379208 12225133 0 0 0 0 0 0 0 0 0 Angela Christian Director (non-voting) 0 162452 0 0 0 13279 0 0 0 0 0 175731 0 0 Karis J Langston Secretary Treasurer (non-voting) 0 89769 0 0 0 4368 0 0 0 0 0 94137 0 0 A SCAGO Public Facilities Corporation for Georgetown County Refunding Series 2019 680661034 000000000 2019-12-02 28015000 Refunding of Tax Exempt & Taxable Refunding Series 2009A & B Bonds Issued on 12/1/2009 0 1 0 A 8446000 0 28015000 0 0 0 329346 0 0 0 27685654 0 2010 1 1 1 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 1 A 0 Schedule K, Part IV, Line 2b-12/02/2019 28,015,000 SCAGO Public Facilities Corporation for Georgetow As this bond issue was a refunding bond, all proceeds were disbursed on the sate of issue to pay prior outstanding bond debt and issuance costs. There were no funds remaining on hand. Form 990, Part VI, Section A, Line 6 The South Carolina Association of Governmental Organizations (an organization exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (hereafter referred to as "SCAGO") is the sole member of the Corporation. SCAGO's exempt purpose is to lessen the burden of the governmental units in South Carolina by assisting such governmental units in obtaining necessary financing. Form 990, Part VI, Section A, Line 7a The members of the Board of Directors are appointed by the Board of Directors of SCAGO. Form 990, Part VI, Section B, Line 11b The Secretary/Treasurer reviews a draft of the Form 990 and approves for filing. Copies of the final form 990 are provided to the governing body. Form 990, Part VI, Section C, Line 19 The governing documents and tax returns are available for review during normal business hours at 129 Screven Street, Georgetown, South Carolina. Form 990, Part VII, Section A, Line 1a Karis J Langston, Secretary/Treasurer of the Organization, is also employed as the Finance Director of Georgetown County, a related organization. Compensation paid to her by Georgetown County is solely for employee services and no portion relates to services as a non-voting member of the Board of Directors of SCAGO Public Facilities Corporation for Georgetown County. Average hours worked as an employee of Georgetown County exceeds 40 hours per week. Angela Christian, a non-voting Director of the Organization, is also employed as the County Administrator of Georgetown County, a related organization. Compensation paid to her by Georgetown County is solely for employee services and no portion relates to services as a non-voting member of the Board of Directors of SCAGO Public Facilities Corporation for Georgetown County. Average hours worked as an employee of Georgetown County exceeds 40 hours per week. Georgetown County South Carolina PO Box 421270 Georgetown SC 29442 576000353 Government SC 115(1) N/A 0 SC Association of Governmental Organizations SCAGO PO Box 128 Moncks Corner SC 29461 043679311 Lessen Government Burden SC 501(c)(3) Line 9 N/A 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 Georgetown County South Carolina g 2813000 Part VIII, Line 7a Georgetown County South Carolina s 3622904 Part VIII, Line 2a SCAGO Public Facilities Corporation's 990 for year ended June 30, 2023 was originally due on November 15, 2023, however the Corporation was granted a 6 month extension per notice CP211A dated November 27, 2023, therefore this return is not late.