10/05/2026
FILOT agreements aren't just necessary for job-creation, they're vital for the long-term economic health of communities across S.C.
“Even with those property tax incentives in place, these projects are typically generating tens or hundreds of millions of dollars in tax revenue over time..If communities continue to grow rapidly without expanding the industrial and commercial tax base, homeowners will feel the effects, either through rising tax pressure or declining service levels. That’s why economic development isn’t just about growth, it’s about the long-term financial stability of a community.”
A closer look at how fee-in-lieu-of-tax agreements help Spartanburg County compete for investment, jobs, and long-term economic opportunity. While how they’re referred to can differ — “fee-lots” or “fee-lows” — FILOT agreements have proven to be a crucial tool in Spartanburg County’s...